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What is Rate Limit?

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Rate Limit

The upper limit on the number of requests that can be sent within a set time. Requests over the limit are rejected, and repeated violations can restrict access altogether. Automated queries should therefore limit their own call volume and wait longer between retries after failures.

Rate Limitrequests allowedblocked when exceededthe cap on requests you may send within a set time

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Rate Limit meaning — Trading glossary | MarketSurfer