Hi,
Many brokers provide server side synthetic order management. Can this be exploited through MC?
For example, in MC you can convert to market if not filled after X seconds. In effect that would be a MC managed synthetic order.
However, designing MC synthetic orders has limitations with regards to latency, unless you're running MC from an exchange colocated server.
Therefore, I was wondering if one can better exploit the broker's low latency architecture (e.g. TT) by submitting more types of synthetic orders that are managed by the broker (not MC). I know it is already possible to submit broker supported OCOs for some brokers. It would be nice to exploit a greater range of broker synthetic orders too.
For example......
-Patsystems Ghost orders
-TT's "if touched" orders.
Assuming that this isn't already supported by MC: Could this be something that MC could look at as it would be a key differentiator between a retail platform and a professional one.
Support for Broker synthetic orders? Patsystems, TT et al.
Re: Support for Broker synthetic orders? Patsystems, TT et a
Any thoughts??? You support OCO order submission where brokers support such orders. Do you support any other broker side synthetic orders. Would you consider adding more??
- Henry MultiСharts
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Re: Support for Broker synthetic orders? Patsystems, TT et a
Hello wilkinsw,
At the moment broker side synthetic orders are not supported in MultiCharts.
This is not something that is in our to-do list at the moment.
You may want to submit a feature request to the Project Management of our web site so other users can vote for it: https://www.multicharts.com/pm/
At the moment broker side synthetic orders are not supported in MultiCharts.
This is not something that is in our to-do list at the moment.
You may want to submit a feature request to the Project Management of our web site so other users can vote for it: https://www.multicharts.com/pm/