Trade ISSUE in IB

[atuljha81]

Hi this is Atul Here, When I Fire 3 Order lot to INTREACTIVE BROKERS'S (TWS)
then it is trades to some order lot,and rejected some order by giving this response

"Order rejected - reason:It does not comply with IB's order handling
rules for derivatives that result in physical delivery.
Please refer to the IB web site for further details."

Any one can help me

 

[Trader333]

Have you tried doing what it suggests and refer to the IB website ?


Paul

 

[Adamus]

it means you're trying to buy or sell a futures contract that has physical delivery and is in the notice period, in other words you're running the risk of someone dumping 10 tons of wheat or rice or deep-frozen concentrated orange juice on your doorstep. So unless you've got a big appetite, I would stick to contracts further out