Support Board
Date/Time: Thu, 16 Jan 2025 01:09:30 +0000
Post From: Incomplete exit for CTS server-side OCO
| [2017-09-16 21:13:00] |
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3 questions:
1) Per the documented warning, are server-side OCO market entries really "risky" at CTS? Please find attached my trade activity log. 2) Is the following logic correct? With a 2-lot NQ position and 2-lot YM position (both market entries and server-side OCO at CTS), I might have trouble exiting, as the parent exit (which can happen before the attached orders) may put me over my 5-lot maximum? 3) As a solution, I could simply trade 3 total lots for now (like 1 CL and 2 NQ... or 1 CL and 2 YM), but my broker account is for a 5-lot max size, so I'd like to trade larger than 3 total size. Is there a full-proof way to handle that? For instance, if I use server-side bracket orders (limit entries at CTS), that should side-step the market order issue completely, as they're held at CME instead of the CTS brokerage, correct? And the CME will ensure the OCO bracket gets completely closed? If true, then can I increase position size to 5 total? (like 1 CL, 2 NQ, and 2 YM) I know I may also disable server-side OCO (and then everything is managed by SC), but I don't want to take-on that risk, and need server-side OCO. Answers: 1. Risky in what way? What would the Trade Activity Log tell us in this particular case? How is this a simple question if it involves Trade Activity Log Analysis? Usually days go by before we even dare to look at a log. It is painfully difficult because we do not even know generally what to look for, and what they were intending. Generally it is best for a user to refer to our Trade Activity Log documentation and perform their own analysis. Also our position on this is well-established long-standing policy which is explained here: Trade Activity Log Analysis: Support Assisted Trade Activity Log Analysis 2. This is a question for CTS. We do not know the answer to it. 3. We also do not know the answer to this. Also in no case is OCO functionality ever handled at the exchange. This is either handled by Sierra Chart or the external trading service. And we do not see how anyone else looking at this thread can help you either other than CTS. And the way that CTS would help you is they would look at a particular order and tell you why it was rejected. They would not provide any kind of comprehensive analysis based upon overall what you are doing. 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, *change* to the Teton service: Sierra Chart Teton Futures Order Routing Date Time Of Last Edit: 2017-09-16 21:28:18
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