Support Board
Date/Time: Sat, 23 Nov 2024 05:31:22 +0000
Post From: Could not exit position
| [2024-09-17 15:58:00] |
| User98657 - Posts: 327 |
|
Thanks. What you're linking to says the same thing I'm asking. I also reached out to the CME. They're saying the same thing and I've posted the links they sent below. There is an order type Stop with Protection that appears to use the tag "99". I would say however, it does not help that when they accept an order type of "Stop with Protection" they return "Stop Limit" to the customer. That's obviously causing some confusion. But that order type still acts as a Stop Market as long as the order/trigger price is within the order protection limits. (12 points or so on the NQ). A Stop Limit operates differently, obviously. My question is, which type of order is SC & Teton submitting to the exchange? Is it this Stop tagged as 99 that should act as a Stop Market? In my cases, it doesn't seem to have acted that way. https://cmegroupclientsite.atlassian.net/wiki/spaces/EPICSANDBOX/pages/46727472/Order+Types+for+Futures+and+Options https://cmegroupclientsite.atlassian.net/wiki/spaces/EPICSANDBOX/pages/46211309/iLink+3+New+Order+-+Single https://cmegroupclientsite.atlassian.net/wiki/spaces/EPICSANDBOX/pages/46471809/iLink+3+Execution+Report+-+New+Order https://www.cmegroup.com/education/protection-functionality-for-market-and-stop-orders.html This is also a snippet from their CME Globex Order Entry API on Google Cloud - https://cmegroupclientsite.atlassian.net/wiki/spaces/EPICSANDBOX/pages/46475704/CME+Globex+Order+Entry+APIs+on+Google+Cloud |