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Date/Time: Fri, 07 Feb 2025 08:43:13 +0000



Post From: LMAX orders through web app can't be modified by SC (and attached orders consuming margin)

[2020-05-23 07:09:33]
phaedonk - Posts: 352
Two basic reasons for not using FX futures. Position sizing not being flexible and tick size. Tick size is the most important. Spot FX (EURUSD for example) has a minimum tick of 0.1 pips while in futures it is 0.5. My method is heavily based on the level of clarity the micro moves have in tick charts. This clarity is not available in futures, as the tick size is 0.5. Used to be worse too, as it was 1 whole pip some years ago. Hope CME will reduce it further, then I can use them.

Will you be communicating with LMAX on the stop modification issue? Cancel and replace (instead of modification) is fine for me, I barely use stops, but need them for protection if things go very wrong.