Login Page - Create Account

Support Board


Date/Time: Fri, 19 Apr 2024 05:39:54 +0000



SIERRA CHART ROUTING and order types

View Count: 913

[2020-01-24 22:03:11]
User450179 - Posts: 105
I am in the process of switching FCM and I thought I was going to use the sierra chart/TT order execution and server which is COLOCATED along with Denali data
what exact order types does it support? TT has numerous order types.
the basic order types i think one should have flawless access too ALL COLOCATED server side of course or what is the point are:

market orders= direct to cme engine
limit orders = direct to CME engine
stop orders=direct to CME engine
stop limit orders= direct to the CME engine
Market on close orders
market on open orders
fill or kill orders

server colocated orders:
market if touched orders with offset function (mit)
Limit if touched with offset function (LIT)
server side stop orders placed where ever we want with an offset= above or below the market wether it is a buy stop or sell stop

just a small list
can you state clearly please the order types and if they are sent to CME, server, or users computer?

I see no benefit if a lot of order types are kept on our home PC's. by the time we get price data to us and then the system sends an order the mkt has had over a second to move in most instances.
Thank you
[2020-01-27 17:51:33]
Sierra_Chart Engineering - Posts: 14006
These order types are supported:
market orders= direct to cme engine
limit orders = direct to CME engine
stop orders=direct to CME engine
stop limit orders= direct to the CME engine

fill or kill orders

If you are referring to Attached Orders in regards to this, it is managed on the server if you have enabled the option for this in Global Settings >>General Trade Settings:
server side stop orders placed where ever we want with an offset= above or below the market wether it is a buy stop or sell stop

Sierra Chart Support - Engineering Level

Your definitive source for support. Other responses are from users. Try to keep your questions brief and to the point. Be aware of support policy:
https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation

For the most reliable, advanced, and zero cost futures order routing, use the Teton service:
Sierra Chart Teton Futures Order Routing

To post a message in this thread, you need to log in with your Sierra Chart account:

Login

Login Page - Create Account