Support Board

Date/Time: Mon, 13 May 2024 20:23:22 +0000

Post From: SC via Interactive Brokers not correctly setting OCO orders - important!

[2015-08-06 20:31:47] Link To Thread - Link To Post [Go To First Post]
i960 - Posts: 360
I guess what I am saying is, if I put an order in on my SC platform with OCO server side orders Disabled, and turned off my machine would those OCO orders be executed if in the real world price did hit an order level? Why not SC's hold them on your server and route them through to the broker as necessary when price touches one of these price levels. Here's what I would personally recommend: If you're not going to be able to be around to watch the market when the orders are live, do not disable OCO server side orders - ever. If your broker doesn't support that, find another broker. With regard to SC hosting a service - it would be completely non-trivial. For one, they would have to be monitoring all prices in real time, for all accounts using this, and then instantaneously update the orders on the broker side. The resource requirements woudn't be small. This is why it is something that broker software typically does (e.g. TWS, or server-side based orders with thinkorswim) and not something that a charting/trading platform usually takes on.