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Date/Time: Mon, 23 Dec 2024 06:36:00 +0000



Post From: Need a Chart DOM tweak to support CTS server side MIT

[2015-01-01 10:52:30]
User35525 - Posts: 181
Do server-side bracket orders at CTS support stop or MIT for take profit in SC, or is it just limit orders? Are there plans for this, as part of the excellent new bracket support in SC? Without stop or MIT for the child TP, then a trade might never see a take profit exit executed. Since I use automated strategies, I need to use ACSIL. CTS is supposedly adding trailing stop support to brackets soon (awesome and could probably add profitability for me), but for now, I need to exit at market and need for it to be server-side (I scalp into momentum, so brackets are better as a single order is communicated to the broker).

Also, are server-side buy and sell stop exits supported at CTS via OCO orders in SC? My understanding is that sending an OCO is similar to sending a bracket (brackets use OCO's) but the parent order needs to fill before child orders are sent (I guess also three orders are sent instead of one, which takes extra time). This is still better than SC 100% managing the OCO client-side. This following post (can you confirm my understanding?) says server-side buy and sell stops are supported with Rithmic at Optimus, via SC OCO orders, so I could switch to Rithmic if its server-side OCO support is better than CTS:
Server-side OCO and Bracket Orders | Post: 42253

But CTS has been my preferred broker since it's been recommended here in the SC forums over Rithmic (has historical tick volume, has bracket orders, doesn't freeze or generally have outages).



Date Time Of Last Edit: 2015-01-01 20:10:20