Login Page - Create Account

Support Board


Date/Time: Sun, 24 Nov 2024 01:01:27 +0000



Post From: Stop Limit orders being executed as Limit orders

[2013-08-22 03:58:53]
User79048 - Posts: 15
My Stop Limit orders are being instantly filled at market on CME exchange. Placed two orders; thought the first was done in error so immediately reversed the position (at a loss, I might add). Carefully place the second order. Trading range was 4.7825 - 4.8225; I placed my Stop Limit above last trade (Stop at 4.8700, Limit at 4.8725); the order was immediately filled at 4.7975. When I checked the Orders and Positions window the Order Type displays "Limit"; this is incorrect.

I checked CME and Stop Limit orders are supported. This order should not have been filled.

Why would CME receive my Stop Limit as a Limit?

Am I missing something here?