[Uli Schmuli]

I get 2 ticks slippage on the TF about 90% of the time during regular hours trading. I'm using tradestation. Is this an issue with the broker, the exchange or the platform? Is it just the nature of the thinner market? Is anybody else experiencing this?

Thanks,

Uli

[avalanch]

I assume you're talking about market orders. I use limit orders to enter, and usually market orders to exit, and yes, with the market orders, I definitely get screwed on the fill, but for me, it's better to lose a few ticks with a market order than to miss a fill on a limit order, have to cancel and re-enter a order, potentially losing additional ticks, based on the speed of price movement.

I trade TF almost exclusively and would be interested in your trading methods.

[dam5h]

2 ticks often is horrible. i trade the tf often, and sometimes use stop entries on breakouts and usually don't experience slippage. occasionally i see 1 tick slippage, and only if at a big level. with IB i used to experience 2 ticks at big levels. with infinity its not really a problem.

you should set up your platform to use "stop limits" rather than just "stops", these rest on the exchange servers not on the brokers servers, the result is better fills, just be sure to allow for an offset for the limit portion that will still get you filled.

[ted]

Hi. I work for ICE and am responsible for the Russell Index futures products. I can tell you that we have multiple market makers in place who consistently quote a 1 tick market for the TF (mini Russell 2000). We very seldom get complaints about slippage and as discussed by others in this thread, limit orders are typicaly used by msot active traders. Also, note that the ICE platform has the fastest execution speed in the futures industry. That coupled with the volatility in the TF and the fact that the TF often leads the other indexes makes it even more important to be prudent with order entry management.

[Tams]

did you guys have computer problem (again) this morning?

[ted]

No problems with the ICE platform. What are you experiencing?

[avalanch]

no problems here
avalanch

[Swan Noir]

Originally Posted by ted »

Hi. I work for ICE and am responsible for the Russell Index futures products. I can tell you that we have multiple market makers in place who consistently quote a 1 tick market for the TF (mini Russell 2000). We very seldom get complaints about slippage and as discussed by others in this thread, limit orders are typicaly used by msot active traders. Also, note that the ICE platform has the fastest execution speed in the futures industry. That coupled with the volatility in the TF and the fact that the TF often leads the other indexes makes it even more important to be prudent with order entry management.

Ted (or anyone else

I know you job is at ICE but I wonder if stop limits are better employed than straight stops in NQ or ES as well?

Thanks