API throttling w/ IB

Discussion in 'Interactive Brokers' started by nooby_mcnoob, Jul 9, 2019.

  1. If I'm retrieving a bunch of stuff, I often get disconnected from gateway due to pacing violations. Turns out, avoiding this is easy to do with ib_insync:
    Code:
    ib.client.setConnectionOptions('+PACEAPI')
    
    I couldn't find any documentation on this, but there you go.
     
    guru, Ryan81 and tommcginnis like this.
  2. rb7

    rb7

    'Pacing violations' due to what?
    Too many historical data request within a certain period?
    Or is it something else?
    Thanks.
     
  3. There are two separate things that I'm aware of: too many historical requests and too many messages/second.
     
  4. MattZ

    MattZ Sponsor

    Let me connect you to the Rithmic API that will enable you to see the above.
     
  5. IAS_LLC

    IAS_LLC

    Not sure what exactly you're referring to Matt, but lat time I checked, Rithmic API throttles historical data requests too...but in a very reasonable matter. It might also be a #bars/request throttle too, and not an absolute throttle on requests/second.
     
    MattZ likes this.
  6. I’m sure that you’re aware of it, this +PACEAPI setting is talked about in the TWS API group. I believe you are subscribed to this group as well?
     
  7. I am subscribed, but never heard of it till I hit upon the magic keywords today. I should probably read it :)
     
  8. MattZ

    MattZ Sponsor

    As you mentioned, Rithmic may have some sort of throttling algorithm for historical market data but it is likely to be reasonable. I can see that they might need some sort of throttling otherwise someone could ask for all ticks for 10 years and affect the performance experienced by all other users.