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Date/Time: Sun, 19 May 2024 04:11:53 +0000

Post From: Bracket order and OCO order between Lmax and Sierra

[2018-09-01 15:47:27] Link To Thread - Link To Post [Go To First Post]
gomifromparis - Posts: 244
There is no margin and risk checking to do with contingency orders. The margin is checked when you open the order and that's it. If you get a "close position" order, there is no check to do either. When you use the API, you create an instruction Id representing the order. On this instruction id, you can attach a stop and a target, that will run OCO You can also ask to close this specific position using the given instruction id. So the order is fully followed from open to close. Probably with some syncronisation... It's the same using IG API :-) So dunno all the funkiness about the Disruptor, but there is definitly a layer over it providing precise order management, but only available through the API. The only thing preventing to use this completely in Sierra is that the "flatten orders" sends unspecifc market orders, but I'm seeing you'll be modifying this, so thanks a lot !