Message Rate Limiting

Message rate limiting is a protective mechanism employed by exchanges to cap the number of requests or orders a user can submit within a specific timeframe. This policy prevents malicious actors from overwhelming the matching engine and ensures a stable environment for all participants.

By enforcing these limits, exchanges discourage spamming, quote stuffing, and other forms of technical abuse. It forces traders to be more efficient with their order placement, favoring quality of execution over sheer volume.

While necessary for system stability, strict rate limits can also hinder high-frequency strategies that require rapid updates to maintain tight spreads.