[sevensa]

Originally Posted by elpepelucho »

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

Because zen-fire is a datafeed and not a broker. If you don't understand the difference between the two, you really should not be trading until you do.

[elpepelucho]

yea yea, it was an absent minded comment and there was no way to delete it after I hit click. My bad.

[BlowFish]

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.

Most 'complex' orders (anything beyon market,stop,limit) will be synthesised at the broker. If the instrument is thin then this can easily result in slippage. Moral of the story always know how your order is submitted and where it is held

How are you finding the Russel apart from this? Is it trading like it did before it moved to ICE?

[Uli Schmuli]

Originally Posted by BlowFish »

Most 'complex' orders (anything beyon market,stop,limit) will be synthesised at the broker. If the instrument is thin then this can easily result in slippage. Moral of the story always know how your order is submitted and where it is held

How are you finding the Russel apart from this? Is it trading like it did before it moved to ICE?

I think it is absolutely, 100% as liquid and effective as it was when it was before the ICE move. As I said, I've experienced no slippage, as long as orders are routed to the exchange immediately and not sitting on TS servers. I can't complain about no slippage, that's for sure. But then I'm only executing 2 contracts, so I can't really say about performance for you 10-lot big-league guys & gals.

[emg]

Originally Posted by Uli Schmuli »

I think it is absolutely, 100% as liquid and effective as it was when it was before the ICE move. As I said, I've experienced no slippage, as long as orders are routed to the exchange immediately and not sitting on TS servers. I can't complain about no slippage, that's for sure. But then I'm only executing 2 contracts, so I can't really say about performance for you 10-lot big-league guys & gals.

there is slippage. look how wide the buy and ask spread? also, if you are using filtered data, expect lots of slippage vs unfiltered data.

[Uli Schmuli]

EMG, I'm just reporting actual data from my trading. I enter all trades on limit orders, and therefore can only potentially experience slippage on stops. The point is that slippage (if any) is an acceptable amount. No complaints.

[elpepelucho]

Originally Posted by BlowFish »

Most 'complex' orders (anything beyon market,stop,limit) will be synthesised at the broker. If the instrument is thin then this can easily result in slippage. Moral of the story always know how your order is submitted and where it is held

How are you finding the Russel apart from this? Is it trading like it did before it moved to ICE?

I have to disagree. Volume completely dropped off after the ICE move. To be fair, it's hard to tell if the volume dropped because of the liquidity crunch or the move to ICE, but it's not the beast it once was.

[emg]

Originally Posted by Uli Schmuli »

EMG, I'm just reporting actual data from my trading. I enter all trades on limit orders, and therefore can only potentially experience slippage on stops. The point is that slippage (if any) is an acceptable amount. No complaints.

what platform are u using?