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Direct MessagesDate/Time: Fri, 03 May 2024 20:59:19 +0000
Post From: Advanced and Lower-Cost Connection to CTS 4 questions
| [2018-01-19 15:32:21] |
| patrader - Posts: 92 |
|
All questions pertain only to a situation where the trader is using the Advanced and Lower-Cost Connection to CTS 4 (i.e. SC datafeed w/CTS execution): 1. If Global Settings >> General Trade Settings >> Use Server Side OCO Orders / Use Server Side Bracket Orders is DISABLED, does it mean that no orders will ever spend any time on the Sierra Chart server? 2. If the answer to #1 is "correct" and all algorithms about bracket orders/OCOs/trailing stops would reside locally on my PC because of the DISABLED choice, do you agree that doing so would be a different, but equally viable, way to avoid the problems mentioned at this link while still having the same flexibility as if using Sierra Chart servers: https://www.sierrachart.com/index.php?page=doc/CTS_T4.php#CTSServerSideOCOBracketBehavior 3. If the answer to #2 is "correct", then with the same DISABLED, am I correct in thinking that if I use a Triggered Limit Entry Order as a parent with two child orders in an OCO, that when the entry price is triggered my PC would send the limit order directly to CTS for processing? Or would it still first go to the Sierra chart server for processing even with the DISABLED choice? 4. If the answer to #3 is that the limit order would go directly to CTS servers because of the DISABLED selection, do you concur that for traders using a dedicated server in Chicago (rather than a local PC at home) that they could "have their cake and eat it too" - in order words, avoid use of Sierra Charts server for orders, maintain reliable local control of the algorithms behind OCOs (as opposed to relying on CTS), yet still get the fastest processing of the orders by CTS? |