nautechsystems/nautilus_trader · error

{FAILED}: {e}

Error message

{FAILED}: {e}

What it means

LimitOrder::new panics with `Condition failed: {e}` when LimitOrder::new_checked returns an OrderError; the convenience `new` constructor unwraps via unwrap_or_else(|e| panic!(...)). Validations run before constructing the order: check_positive_quantity, check_display_qty, check_time_in_force, and OrderInitialized::new_checked invariants. The `FAILED` constant is `"Condition failed"` from crates/core/src/correctness.rs.

Source

Thrown at crates/model/src/orders/limit.rs:213

            expire_time,
            post_only,
            reduce_only,
            quote_quantity,
            display_qty,
            emulation_trigger,
            trigger_instrument_id,
            contingency_type,
            order_list_id,
            linked_order_ids,
            parent_order_id,
            exec_algorithm_id,
            exec_algorithm_params,
            exec_spawn_id,
            tags,
            init_id,
            ts_init,
        )
        .unwrap_or_else(|e| panic!("{FAILED}: {e}"))
    }
}

impl Deref for LimitOrder {
    type Target = OrderCore;

    fn deref(&self) -> &Self::Target {
        &self.core
    }
}

impl DerefMut for LimitOrder {
    fn deref_mut(&mut self) -> &mut Self::Target {
        &mut self.core
    }
}

impl PartialEq for LimitOrder {

View on GitHub (pinned to 18893faf8b)

Solutions

  1. Read the OrderError message in the panic text — it names the failed check precisely.
  2. Use LimitOrder::new_checked instead of new and handle the Result so bad input doesn't panic.
  3. Fix the inputs: positive quantity, display_qty <= quantity, expire_time set for GTD, valid OrderSide.
  4. Validate config-derived values before calling the constructor.

Example fix

// before
let order = LimitOrder::new(..., Quantity::from(0), ...); // panics
// after
let order = LimitOrder::new_checked(..., Quantity::from(0), ...)
    .inspect_err(|e| log::error!("invalid limit order: {e}"))
    .ok();
Defensive patterns

Strategy: validation

Validate before calling

fn valid_limit_args(qty: Quantity, display_qty: Option<Quantity>, tif: TimeInForce, expire_time: Option<UnixNanos>) -> Result<(), String> {
    if qty.raw == 0 { return Err("quantity must be positive".into()); }
    if let Some(dq) = display_qty { if dq > qty { return Err("display_qty exceeds quantity".into()); } }
    if tif == TimeInForce::Gtd && expire_time.map_or(true, |t| t.as_u64() == 0) { return Err("GTD requires expire_time".into()); }
    Ok(())
}

Type guard

if qty.is_zero() || side == OrderSide::NoOrderSide { return None; }

Prevention

When it happens

Trigger: Calling LimitOrder::new (crates/model/src/orders/limit.rs:159) with: zero or otherwise invalid Quantity, display_qty greater than quantity, TimeInForce::Gtd with None/zero expire_time, or an OrderInitialized invariant violation such as OrderSide::NoOrderSide or invalid contingency/linked_order_ids combination.

Common situations: Building limit orders from user/strategy config where quantity defaulted to zero; setting display_qty (iceberg) larger than total quantity; GTD orders without expire_time after a config refactor; converting an external side enum that maps to NoOrderSide.

Related errors


AI-assisted analysis of nautechsystems/nautilus_trader@18893faf8b (2026-09-08). Data as JSON: /api/errors/c3b9916999debc84. Report an issue: GitHub.