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Orders sent to exchange or stored locally
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Orders sent to exchange or stored locally

  #1 (permalink)
Elite Member
Nashville, Tennessee
 
Futures Experience: Intermediate
Platform: Ninja / Jigsaw / 9G
Broker/Data: AMP / CQG
Favorite Futures: NQ, YM and ES
 
tderrick's Avatar
 
Posts: 1,589 since Sep 2010
Thanks: 4,260 given, 2,527 received

Orders sent to exchange or stored locally

As it pertains to NT...

Are a trade's Entry, SL and TP orders saved at the exchange or on the PC.

If I lose internet connectivity, is a call to the trading desk required?



I'm not sure if this is a service of NT or the broker....

tia


AJ
Nashville, Tennessee


"Life On The Edge of SR"
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  #2 (permalink)
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  #3 (permalink)
Elite Member
Nashville, Tennessee
 
Futures Experience: Intermediate
Platform: Ninja / Jigsaw / 9G
Broker/Data: AMP / CQG
Favorite Futures: NQ, YM and ES
 
tderrick's Avatar
 
Posts: 1,589 since Sep 2010
Thanks: 4,260 given, 2,527 received


CQG
Orders in a state "Accepted" or "Working" are at the exchange. If the exchange does not support a specific order type, the order will be active on the CQG servers.
OCO (One Cancels Other) functionality is simulated on your local PC.


still a little fuzzy on this....


AJ
Nashville, Tennessee


"Life On The Edge of SR"
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  #4 (permalink)
Elite Member
Nashville, Tennessee
 
Futures Experience: Intermediate
Platform: Ninja / Jigsaw / 9G
Broker/Data: AMP / CQG
Favorite Futures: NQ, YM and ES
 
tderrick's Avatar
 
Posts: 1,589 since Sep 2010
Thanks: 4,260 given, 2,527 received

It seems that with CQG, the basic order itself is held either at the exchange or CQG servers - which is good.

If internet connect goes down and TP is hit, OCO does not kick in as it is generated from the PC, leaving the SL
order in place, that would enter you in another, unprotected trade if hit. - Which is bad

I should call AMP for some more clarification on this..

...will update..


AJ
Nashville, Tennessee


"Life On The Edge of SR"
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