LMAX Broker Profile
Stop orders are not supported by LMAX. Stop orders are emulated by MultiCharts. Once the stop price is reached, a market order is sent.
Stop-Limit orders are not supported by the LMAX.
Open position Profit/Loss is calculated by LMAX broker and displayed in MultiCharts.
Unrealized Profit/Loss for the account is calculated by LMAX broker and displayed in MultiCharts once in 10 seconds.
LMAX does not support Native One-Cancels-Others group. In this case MultiCharts emulates OCO group on its end. Simulated OCO-group means that all OCO orders are sent to the broker, price is monitored by MultiCharts and once one of the orders is filled, other orders from this OCO group are cancelled by MultiCharts. When one of the OCO orders is filled, MultiCharts sends a command to cancel the second OCO order to broker. Note that the second order may also be filled if price reaches its level before the cancellation is processed by the broker (see OCO Risks).
Setting up LMAX Broker Profile
In the Properties LMAX window (see Managing Broker Profiles) enter the information provided by LMAX:
- Select type of connection: demo / real
URL is selected automatically according to your type of connection. - Enter Login and Password.
