Support Board
Date/Time: Mon, 16 Jun 2025 18:40:33 +0000
Will Teton routing reject stop orders in this situation?
View Count: 257
| [2025-04-22 23:37:46] |
| User745789 - Posts: 380 |
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Hello, I have an edge case where a stop order is placed very close to the last price. Let's assume it is a buy stop order. Sometime by the time my order reaches the exchange (CME), the last price has trades past my stop price, and my stop order is rejected by CQG. Example: Last price 00 Stop buy order at 25 By the time my order hits the exchange, the last price traded is above 25 at 50, and my stop buy order is rejected. Will Teton allow that order to be filled at market, given it is a stop order to buy at 25 and the last price is above that price? CQG rejects these orders and I want to change routing to Teton to try and avoid this situation. |
| [2025-04-23 04:43:17] |
| Sierra_Chart Engineering - Posts: 19938 |
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Neither CQG or Teton order routing will reject stop orders. It is the exchange that is doing the rejection. You should be using Teton order routing as compared to CQG if you are just trading CME Group, but it is not going to help to move to Teton for this reason. It is not going to make any difference. 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 |
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