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Date/Time: Sat, 23 Nov 2024 12:08:58 +0000



Post From: VPS / dedicated server in Chicago

[2022-07-22 23:44:06]
User75002 - Posts: 117
There are different benefits based on your specific needs.

Some brokers do not hold server-side bracket orders, therefore if you had a pending limit order sitting above/below current price with a stop and target attached and lost connectivity and then the limit got executed, the stop and targets would not be sent to the exchange, leaving you unprotected.

Some people trade with market orders and find that the latency for execution is faster being closer to the exchange.

It comes down to personal preference based on your location, trading style and needs.