Support Board

Date/Time: Fri, 03 May 2024 15:12:56 +0000

Post From: Advanced and Lower-Cost Connection to CTS 4 questions

[2018-01-19 19:38:38] Link To Thread - Link To Post [Go To First Post]
patrader - Posts: 92
The response to #4 clears up my confusion on #2. Re: the answer to #3 ...just so I am clear in my mind: 1.There is no such thing as an OCO algorithm at the exchange level. The only thing that the exchange knows is that two different orders exist. Is that correct? 2. Once a parent order is filled at the exchange, the child orders on my computer (OCO profit target/limit order & stop loss/stop order) get passed onto the SC servers and forwarded onto CTS servers to the exchange, where, again, the exchange will keep what it sees as two separate orders. Is that correct? 3. Any algorithm for an auto trailing stop will always reside on my PC and will simply "update" the OCO algorithm on the SC servers. Is that correct? 4. The CTS servers serve only as a 'pass through' mechanism in the lower cost connection model. No algorithm of any kind will reside on CTS servers. It'll all be on SC servers (with an exception for things like auto trail stop loss, or triggered limit entry order). Is that accurate?