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That's not my understanding of how stops work on Globex. As soon as price
trades at your stop, your order is entered into Globex as a limit sell at
several points below the market. I don't believe that it's visible at all
while it's still a resting stop. Sounds like you were incredibly unlucky.
Andrew
----- Original Message -----
From: <Scaletrade@xxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Wednesday, January 12, 2000 2:50 PM
Subject: [RT] Re: GEN: globex limit orders
> I have a slightly different question regarding Globex e-mini stops. I had
a
> sell stop resting a couple of nights ago and was filled at the low tick of
> the session. I'm wondering if my stop was triggered when the market
actually
> traded at that point, or if all it took was for the bid to be at that
point,
> at which my "offer" was matched, and thus the trade. In other words, was
my
> order the impetus that took the market down that last tick, or am I just
> incredibly unlucky at calling a bottom which had already happened...again
:-)
>
> Larry
>
>
>
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