Support Board
Date/Time: Sun, 15 Jun 2025 16:50:43 +0000
Post From: Help Understanding Buy Stops and Slippage
| [2025-06-04 15:34:21] |
| kiangatrading - Posts: 3 |
|
Hi, This morning I had a BUY STOP order resting for the 6J futures contract. I use Teton Routing. I experienced 8 ticks of slippage, which I realize is an exchange order issue not SC. Questions: 1. If I change my order type to BUY STOP LIMIT and the STOP LIMIT OFFSET is set to 4 ticks I am assuming that likely I would have not gotten filled on my order this morning as 8 ticks is past the 4 tick limit. Is this correct? 2. Are both BUY STOPS and BUY STOP LIMIT order types held on the Teton servers? The reason I ask is I have satelite internet and I am trying to have orders resting server side whenever possible to avoid latency issues on my end. Thanks! |