Support Board
Date/Time: Sun, 24 Nov 2024 02:49:12 +0000
Post From: OCO order
| [2013-08-29 10:22:28] |
| SKY - Posts: 45 |
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Assume i send an OCO order to the market (bracket order) As we know once either TakeProfit or StopLoss is executed the other order should be canceled (deleted) at the exchange The function of tracking the need to cancel the order which HAS NOT been executed is carried out by the FCM's server when using a dedicated DOM software The question is what is happening w/ Siearra in such case - will sierra replace the FC< server and will be the one that tracks the price and deletes the order which HAS NOT been executed or Sierra knows how how to make the FCM server do the job (as the dedicated DOM software does) The intention is to have the maximum stability - thus not being dependent on residense electricity supply or ISP infrastructure which if fails may cause the event of not deleting the OCO order that should be deleted (if counting on FCM server this is unlikely to take place) Pls explain on the above when Sierra is involved |