T4 order entry Anybody use it or want to comment

Discussion in 'Order Execution' started by jjf, Jul 23, 2008.

  1. jjf


    I have a couple of questions regarding T4 Order Entry which I would like to ask.

    1 can it handle simultaneous placement of limit stop and protective stop if hit.

    2 can it do #1 and place a take profit stop OCO with the protective stop

    many thanks
  2. Try Strategy Runner , it connects to the T4 back-end . it has the performance of T4 with complete charting order management (scale out and trailing stops with OCO's)
  3. I was an avid T4 user and I would still be there had I not received a good deal with Open ECry AND liked the platform.

    By moving off T4 to OEC, I saved myself the $500/mo fee to T4.
  4. T4 is mainly used by professionals and locals on the floor (doing outcry and electronic trading)
    I think that if performance is critical for you (if you are not a scalper then all platforms are overall the same) , then T4 is worth the extra money as its probably the fastest back-end (faster then TT)