Support Board
Date/Time: Mon, 16 Jun 2025 08:45:35 +0000
Stop not executed
View Count: 243
| [2025-05-14 19:30:35] |
| gz6969 - Posts: 37 |
|
Hi, I've placed a sell limit bracket order. Suddenly price sweeped through my order extremly fast for 7 points to the upside. My sell limit order was filled at 5909.75 but my attached 3 point stop market order at 5912.75 was rejected and so not filled. So I found myself without having an active stop. The stop type in order window is Stop: Stop. Both target orders below 5909.75 were active. Is it possible that price moved faster than Teton was able to place my stop order on the CME server? Use server side OCO and Bracket Orders is both set to Yes in General Trade settings. These are the order numbers: 2025-05-14 14:34:15.909 | Unset | Teton CME Routing (Order reject). Info: CME (Rejected). Text: Buy order stop price must be above last trade price. SecurityID=42003627. Operator=XXXXXX. Text: Attached order. Parent: 27523. Internal Order ID: 27525. Service Order ID: 5083418. Symbol: MESM25_FUT_CME. Account: XXXXXX * 2025-05-14 14:34:15.909 | Unset | Teton CME Routing (Order reject). Info: CME (Rejected). Text: Buy order stop price must be above last trade price. SecurityID=42003627. Operator=XXXXXX. Text: Attached order. Parent: 27526. Internal Order ID: 27528. Service Order ID: 5083421. Symbol: MESM25_FUT_CME. Account: XXXXXX * |
| [2025-05-14 21:01:40] |
| John - SC Support - Posts: 40422 |
|
What you state is the case. The price moved fast enough that it was above the price that the Stop wanted to be placed at. Hence the reason for the rejection. Had the order actually been entered, you would have been immediately closed out of the position for a loss. You may want to increase the offset for the stop you want to use in order to avoid this occurring. For the most reliable, advanced, and zero cost futures order routing, use the Teton service: Sierra Chart Teton Futures Order Routing |
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