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Date/Time: Thu, 13 Jun 2024 11:47:16 +0000

Post From: Teton StopLimit order price1 and price2 reverse

[2023-01-24 16:54:03]
onnb - Posts: 661
Thanks for confirming, understood on the stop converting to a limit order and controlled by the exchange.

We checked a few other activity logs where the stop is triggered. The sequence in the log is 99% the same. The only difference is that price1 and price2 are not swapped. In all other cases the same log sequence happens only price1 and price2 remain the same throughout.

This case was the first time we've seen such a thing. It was noticed because it causes the order to very briefly move to the limit price before it disappears from the screen.
I'm assuming this is a result of sequencing and timings on the exchange and it appears there is nothing fundamentally wrong, just strange and a bit alarming to see the order move like that.

Curious to know if you have ever seen that before or users have reported of seeing that?