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position_might_be_insufficient_due_to_market_drop_down โ€‹

position_might_be_insufficient_due_to_market_drop_down

Description โ€‹

The switch sells too much of the position for the request to remain safe if the market drops.

HTTP Status โ€‹

422 Unprocessable Content

doc_url Format โ€‹

The doc_url value is an absolute URL and changes by environment:

<docs-base-url>/errors/position_might_be_insufficient_due_to_market_drop_down

Typical Causes โ€‹

  • The switch sells more than 9000 basis points of a fund.
  • The request leaves too little position buffer for market movement.
  • The current position would be fragile after the switch.

Example โ€‹

Response:

json
{
  "errors": [
    {
      "code": "position_might_be_insufficient_due_to_market_drop_down",
      "message": "Attempting to sell more than 9_000bp of fund US0000000000. Position might be insufficient if market drops down. Either sell all (10_000bp) or less than 9_000bp.",
      "doc_url": "https://docs.example.com/errors/position_might_be_insufficient_due_to_market_drop_down"
    }
  ]
}

How To Fix โ€‹

  1. Sell the full position instead of a partial near-full sell.
  2. Reduce the sell percentage below 9000 basis points.
  3. Retry with a safer switch size.