Any broker that can give me access to Sterling Trading Order Management System ?

Discussion in 'Retail Brokers' started by wic2021californiaxp, Jul 20, 2021.

  1. Any broker that can give me access to Sterling Trading Order Management System ?

    Anyone here already used it ?
     
  2. Robert Morse

    Robert Morse Sponsor

  3. Robert Morse

    Robert Morse Sponsor


  4. YES - https://www.sterlingtradingtech.com/risk-margin-system/sterling-trader-manager/

    Can I setup my own custom price range limits with lightspeed ?
     
  5. Robert Morse

    Robert Morse Sponsor

    Can you provide an example of what you mean? if you are talking about limit orders outside what is allowed (e.g. 10% away from last sale), No.

     
  6. last sale include odd lots or just round lots ? For example, If Berkshire Hathaway current price quote is 400.000 but last sale is just 1 stock from 420.000, what is reference price ?
     
  7. Robert Morse

    Robert Morse Sponsor

    This is outside my expertise.

     
  8. Fain

    Fain

    Vast majority of trading platforms with use Round lots for last tick price. Odd lots have less price protection and most traders don't want a odd lot execution triggering a stop etc.
     
  9. Lightspeed does not allow trading 10% away from the last sale even if it is within the NBBO bid ask ?
     
  10. Robert Morse

    Robert Morse Sponsor

    This is a compliance setting and it done to be complaint. I do not have access to the logic, but I expect last sale is the exchange standard.

     
    #10     Jul 22, 2021