Registered: Jun 2005
05-01-12 05:43 PM
Quote from jclaruelle:
I have 2 more questions for those familiar with pegged orders :
- what is the probability to be executed if you direct your orders exclusively to ISLAND : how much average time will you stay before being executed if for example you sent a pegged-to-midpoint order
- how can you verify that your orders follow/rollback with the markets, knowing that those orders are hidden ...
Too many variables to answer your first question. I believe only the pegged-to-mids are hidden, so you can easily watch the others roll back (or not). TWS also has a field that will show current price which will allow you to see your prevailing bid/offer on a pegged-to-mid.