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yep, real globex stops. as long as you're not using ts automation...in which
case they are still held on your pc and not sent until triggered. they say
they're going to fix this.
----- Original Message -----
From: "DH" <catapult@xxxxxxxxxxxxxxxxxx>
To: "Omega List" <omega-list@xxxxxxxxxx>
Sent: Monday, February 23, 2004 5:17 PM
Subject: Re: TS7 trouble
> > 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
>
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