ETs, Is anyone familiar with a robust electronic trading platform that supports special order types e.g. OCO'S, MIT, AON, Trailing Stops, contingent Orders (If/Then), contingent plus OCO (i.e. If/Then OCO) Also, would this platform allow the placement of orders outside of exchange hours. I find that many platforms only allow you to place orders during market hours or in the 0.5 - 1 hour period before exchange opens. It's not fun waking up in the a.m. to place orders prior to the Eurex open. Why can't these platforms accept these orders and keep them in a pending state until the exchanges open? Please let me know of ay platform that supports special order types and 24 hour order placement. Thank you much.
Jasper and BracketTrader come very close. And you might try PM'ing Quah for some help designing your own using Excel. Good luck.
Thanks inandlong. Do you have websites addresses for Jasper & BracketTrader. I'm curious - are you ever in and SHORT??!!
Those programs route to IB and I've heard good things about them. IB' built in order types are currently: Basket Bracket Conditional Discretionary Hidden Iceberg Instinet Pegged Market Limit Market MOO, LOO, MOC, LOC OCA Odd Lots Relative Request for Quote Scale Stop Stop Limit Sweep-to-Fill 1/10 Cent Orders Trailing Stops VWAP For more info, look under order info on the ib web site.