|
PureBytes Links
Trading Reference Links
|
John,
Thanks for the clarification. I confess to not understanding the
technology behind such systems. Instead, I adopt a 'trader/end user'
perspective which simply says: one system fills plain stop orders almost
instantly, while the other has a delay of several seconds. As an end-user,
that's all I need to know!
Simon.
At 11:23 13/04/2001 -0400, you wrote:
>Simon:
>
>Just a minor clarification. PFG stops do not reside directly on Globex2,
>they reside on the Order Manager Server, or OM Server of the CME. This is
>the same server that handles stops and markets orders for TOPS based systems.
> These stops are really aggressive limit orders once the price has been
>elected. My FCM uses the OM server with 16 tick limits set to the stops.
|