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Date/Time: Wed, 05 Feb 2025 10:53:55 +0000



Post From: CME Stop Orders - Rejected

[2025-01-06 21:49:42]
User566851 - Posts: 20
Hello,
I am trying to diagnose a stop order rejection on a chart that is set up for symbol ESH25_FUT_CME and trades on MESH25_FUT_CME. I am getting rejections for stop orders for not being above the last trade price, but as far as I can tell they are above the last trade price. Can you show me how to review this or can you review this trade logged below and let me know if there is an issue of the price set for the stop order being below the trade price? When the on screen trade lines show they are far from the last trade price.

On top of this, I have the question: Do stop limit orders (which stop orders are converted to for CME) have the same price requirements as stop orders?

Here is the trade rejection message from the trade log:
2025-01-06 13:16:33.189 | Teton CME Order Routing (Order reject). Info: CME (Rejected). Text: Buy order stop price must be above last trade price. SecurityID=42005347. Operator=126968. Text: Parent order. Tag: SimpleBracket.twconfig. Internal Order ID: 3333. Service Order ID: 3563842. Symbol: MESH25_FUT_CME. Account: 126968 *

thanks,
Rob