Support Board
Date/Time: Tue, 17 Jun 2025 01:47:59 +0000
Post From: Will Teton routing reject stop orders in this situation?
| [2025-04-22 23:37:46] |
| User745789 - Posts: 381 |
|
Hello, I have an edge case where a stop order is placed very close to the last price. Let's assume it is a buy stop order. Sometime by the time my order reaches the exchange (CME), the last price has trades past my stop price, and my stop order is rejected by CQG. Example: Last price 00 Stop buy order at 25 By the time my order hits the exchange, the last price traded is above 25 at 50, and my stop buy order is rejected. Will Teton allow that order to be filled at market, given it is a stop order to buy at 25 and the last price is above that price? CQG rejects these orders and I want to change routing to Teton to try and avoid this situation. |