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Date/Time: Thu, 28 Nov 2024 18:51:24 +0000



Post From: triggered stop, Teton-> CME

[2023-04-20 16:12:32]
User725043 - Posts: 35
1) In Auto-trade Teton->CME, have a Triggered Stop that goes in as a child of a parent Market order, with a Trigger Offset significantly away from current price.

2) The Market order gets Filled and Triggered Stop shows Held on the Trade Activity Log correctly.

3) Almost instantly even though the actual price has barely moved, get message in Trade Activity Log that
Trigger price met for stop
Removing held order from trail management list since it has been sent to trade service.
and it is modified from OrderStatus:Held to OrderStatus:Sent, and becomes an active stop.

4) Has happened on both and Buy Entry and Sell Entry.

What could be causing the instant trigger, or is this perhaps from being sent to the CME? If Teton>CME doesn't support Triggered Stop, then what would be the SC recommended Order Type for Teton->CME similar to the Triggered Stop behavior below?

A Triggered Stop order is an order type where when the Trigger price has been met, then the stop order becomes active.