making 2 sided markets | Traders Hideout - futures trading strategies, market news, trading charts and platforms

Traders Hideout

Discuss day trading practices and futures trading strategies on this forum for all markets. This forum is also for discussing and reviews for brokers, data feeds, and commercial or third party add-ons


making 2 sided markets

  #10 (permalink)

New York, NY
Posts: 3 since May 2017
Thanks: 0 given, 1 received

There is no data feed which shows stop orders. Typically, stop orders aren't supported by the exchange but instead, they ate held by your trading platform / broker until the stop condition is triggered at which time a market or limit order is sent to the exchange. The existence of an exchange feeds which lets others see your stop orders is a persistent myth but isn't true.

As a note, your *broker* may be able to see your stop orders, though I imagine they aren't allowed to act on it. In cases when you're not trading on a public exchange but against the broker (like in some FX setups, CFDs, etc) the above doesn't hold and unsavory things do occur (see the FXCM settlement).

Reply With Quote