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It has been my understanding that on the CME's Globex system a Stop order
was not a native order. Therefore to have a stop order reside on the globex
computer required sending the order as a Stop Limit order (Stop Limit being
a native order).
Since Easylanguage does not support Stop Limit orders, I'm confused where an
order generated by a statement such as:
"Buy next bar at 750 stop;" will reside (assuming applied to a globex symbol
chart).
So can someone confirm, using TS 8.1 SP1 with the option checked "Send
strategy generated stop orders directly to the TradeStation Order Execution
Network", where that order actually resides. Is it on the Globex computer
or Tradestation Securities computer or my computer.
And is there any order status feedback that identifies exactly where that
order is residing.
thanks,
sam
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