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Date/Time: Sat, 04 May 2024 22:01:16 +0000



Post From: StopLimit has no Limit price (TransAct)

[2013-06-25 22:16:29]
Kwill721 - Posts: 24
I've also been having problems with Stop Limit orders. I get the Rithmic feed with my broker. Last week I was trading Gold futures and had placed a S-L order with a 2 tick limit past the Stop price and I got a fill 5 ticks worse than the stop. I know I had entered the order correctly, but when I contacted my broker about it, they sent me a copy of the order ticket that showed I had used a 50 tick limit! Ridiculous, I told them, I had never placed an order with a limit range like that and never would.I would just use a Stop Market order if I didn't care where I was filled at.

Last night it happened again, where I was filled with a one tick slip on a Stop limit order where I specified a zero limit past the stop price. On both these trades I was using a combination of the SC chart dom and an SC trading dom to place the orders. I've placed Stop Limit orders before with the Trading DOM with no problems.