|
PureBytes Links
Trading Reference Links
|
I don't know if this helps but my orders today were all Market orders.
Regards,
Tom
DH wrote:
> > I believe today is the day that they were supposed to start using globex
> > native stops.
>
> Does that mean the stop orders are stored in the Globex system (best)
> rather than on the user's computer (worst) or the broker's computer
> (better but not great)? If so, that's great news once they work the bugs
> out.
>
> In a FIFO system like Globex, the fewer hops the stop order needs to
> travel through when it's elected, the better your chances of dodging
> Murphy's law when the sh*t hits the fan. If your order is a millisecond
> faster than the other guy, you get the fill and he doesn't. Not to
> mention the possibility/probability of network failures (you to the
> broker, broker to Globex) at exactly the wrong time.
>
> --
> Dennis
|