Support Board

Date/Time: Thu, 02 May 2024 12:51:42 +0000

Post From: SIERRA CHART ROUTING and order types

[2020-01-24 22:03:11] Link To Thread - Link To Post [Go To First Post]
User450179 - Posts: 105
I am in the process of switching FCM and I thought I was going to use the sierra chart/TT order execution and server which is COLOCATED along with Denali data what exact order types does it support? TT has numerous order types. the basic order types i think one should have flawless access too ALL COLOCATED server side of course or what is the point are: market orders= direct to cme engine limit orders = direct to CME engine stop orders=direct to CME engine stop limit orders= direct to the CME engine Market on close orders market on open orders fill or kill orders server colocated orders: market if touched orders with offset function (mit) Limit if touched with offset function (LIT) server side stop orders placed where ever we want with an offset= above or below the market wether it is a buy stop or sell stop just a small list can you state clearly please the order types and if they are sent to CME, server, or users computer? I see no benefit if a lot of order types are kept on our home PC's. by the time we get price data to us and then the system sends an order the mkt has had over a second to move in most instances. Thank you