[dam5h]

yes, always best to be on exchange servers rather than broker (or even local on your machine) server. in super liquid markets like es it would be rare that it would make a difference, but it does in certain situations.

[Uli Schmuli]

Thanks for the feedback & interest, everybody. Of course, I was speaking of slippage on market stop orders. Sounds like 1-2 ticks is normal for market orders...

[elpepelucho]

I used to trade the russell 2K through tradestation (ER2) and after the switch to ICE (TF) the slippage became huge (1-3 ticks) on stop market orders to enter a trade.

I switched to Ninjatrader/Zenfire and haven't had any slippage problems since then. Actually, sometimes I have positive slippage (in my favor).

Tradestation just dropped the ball on this emini.

[FulcrumTrader]

Not even with a gun to my head would I use TS for live Russell trading....LOL!

Compared to TradeVec/TT Fix or Ninja/Zen there is no comparison and I agree with your observations.

[Uli Schmuli]

I have more information since my original post about TF slippage. I was using OCO bracket orders in Tradestation. If you place an order like this, the exit orders are held on Tradestation servers until the order is triggered. Then it is sent to market. That is why I was getting such a big slippage. Even if you enter and OCO bracket order and then cancel one side of the order, leaving only the stop portion - the order still remains on TS servers until triggered.

Since finding this out, I now use stop orders, not bracket OCO orders if there is a good chance of being stopped out. Since doing this, I have not had even 1 tick of slippage over the last month or so.

I know this to be true first-hand, so I don't understand why some people are so down on TS as a broker unless maybe they don't understand this issue entirely.

[mike21]

Originally Posted by elpepelucho »

I switched to Ninjatrader/Zenfire and haven't had any slippage problems since then.
.

NinjaTrader or ZenFire have nothing to do with slippage. Who is your broker?

[elpepelucho]

mirus futures, why so you say zenfire has nothing to do with slippage ?

[FulcrumTrader]

Originally Posted by Uli Schmuli »

I have more information since my original post about TF slippage. I was using OCO bracket orders in Tradestation. If you place an order like this, the exit orders are held on Tradestation servers until the order is triggered. Then it is sent to market. That is why I was getting such a big slippage. Even if you enter and OCO bracket order and then cancel one side of the order, leaving only the stop portion - the order still remains on TS servers until triggered.

Since finding this out, I now use stop orders, not bracket OCO orders if there is a good chance of being stopped out. Since doing this, I have not had even 1 tick of slippage over the last month or so.

I know this to be true first-hand, so I don't understand why some people are so down on TS as a broker unless maybe they don't understand this issue entirely.

TS has decrepid order routing infrastucture and speeds......No thanks!