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Date/Time: Sun, 28 Apr 2024 08:08:25 +0000



Post From: Jigsaw's new order type - Volume Stop

[2016-09-06 06:26:25]
Acro - Posts: 436
Jigsaw is now enabling Volume Stops on its live trading platform.
What this means is that say the volume level was set at 100 and it was a buy volume stop at price XX.XX then it would only be triggered if the inside offer volume on the book at XX.XX dropped below 100. Otherwise no order would be triggered.

In other words, it is designed to get you into a long (in this case) just before price ticks up from XX.XX to XX.XX+1

Can I ask if this is something that Sierra has considered as it would be very useful.

I use Sierra's DOM exclusively for all my trading and I hope it continues to evolve.