What is the best method of order entry

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

  1. jjf

    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.


    cheers
    jjf
     
    #1     Oct 10, 2008
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  2. Sky123987

    Sky123987

    i could be wrong, but I think stops are held on the exchange
     
    #2     Oct 13, 2008
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  3. FGBL07

    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?
     
    #3     Oct 13, 2008
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