|
Quote: |
|
 |
|
|
I don't think I've ever seen a STOP MARKET order go green. If it isn't green, I'm pretty sure it's not native. The only orders i've seen go green are LIMIT orders, and these are held natively on the exchange.
Have you seen your STOP MARKET orders go green?
Note that I only trade on NYMEX, NYSE, ECBOT. I've checked and of the ones I list here, STOP MARKET for ECBOT might be exchange native for IB, but I need to confirm. The orders don't go green, but when they are BLUE, for ECBOT, it may mean it is native. |
|
|
|
|
Not sure about Nymex I have never looked at it ... that may be why we see different things. I don't trade ECBOT on a regular basis (well have not for a while) so would have to check. That may be one of the weird ones that needs a stop limit to go native (as opposed to a regular stop). The moral of the story of course is know your orders and know where they are held! At least with IB you know exactly where the order is held by the colour code.