What is the best method of order entry

Discussion in 'Order Execution' started by jjf, Oct 10, 2008.

  1. jjf


    I want to enter a limit order and protective stop at the same time on the ES and I want the stops to be held at the exchange rather than at my Brokers or worse still on my PC.

    How could I do this.

  2. i could be wrong, but I think stops are held on the exchange
  3. FGBL07


    This depends upon the kind of stops you want to use: only native orders can be held at the exchange, other types have to be simulated by your broker.

    As far as I know, Globex does not offer a stop market order type; either you use a stop limit or your stop market order has to be simulated.

    @jjf: what broker and what software do you use?