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Date/Time: Mon, 10 Mar 2025 22:51:00 +0000



Post From: Stops converting to Stop Limits

[2022-04-12 10:25:06]
seandunaway - Posts: 347
I understand that every stop on the CME book gets converted to a "stop with protection to maintain an orderly market".

However, when routing through CQG my orders still were classified as true stops, versus stop limits with Teton.

My question is, is CQG adding logic on an intermediary server to bypass this limit conversion?

Perhaps the stop rests on CQG servers instead of the CME book and will continually attempt to liquidate the position at any price versus settling on the limit 3 pts away, effectively bypassing the CME conversion.
Date Time Of Last Edit: 2022-04-12 10:52:38