Support Board
Date/Time: Tue, 18 Mar 2025 13:56:14 +0000
Post From: Where are LMAX orders held?
| [2022-09-21 15:28:48] |
| bootsy - Posts: 63 |
|
Hi there, Have looked through the SC instructions to use my LMAX acct for forex trading, looked at the different order types and also various support questions and am no closer to finding out a simple answer. It is probably that I'm not understanding the terminology correctly! The basic question is this: If I want to open a position using SC using a limit order and have attached stop loss (to exit at a loss) or limit orders (to exit with profit) then where is this order held? Is it: A) On my PC which is then transmitted to SC servers and then LMAX servers when the limit orders/stop loss price is reached. B) It is transmitted to SC servers and reside there until the limit orders/stop price is reached and they are then transmitted to LMAX servers. C) It is transmitted from SC servers to LMAX and reside on LMAX servers. Any help would be gratefully received! |