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improved

Rejecting trade executions that are less than a penny

March 30th, 2023

API Updates

Trade Execution Rejection for Amounts Less Than a Penny

Summary

Trade executions that result in an amount less than a penny (.01) as calculated by trade_price * trade_quantity will be rejected.

Impacted Endpoints

  • GET /liquidity/rfq
  • POST /rewards
  • POST /awards/fund
  • POST /awards/distribute
  • POST /trades
  • POST /trades/batch

Error Messages

  • If a request results in a quote for less than a penny: "rfq notional must be greater than 0"
  • If a trade is submitted for settlement for an amount less than a penny: "BadRequest: The submitted notional is less than the minimum precision supported by the quoted currency (0.01 USD)"