Limit orders are native to globex so your profit exit will be at the
exchange. This has nothing to do with oca.
The stop is not native so it must be simulated by ib.
If you mouse over the profit limit you should see a popup messsage
saying the order is at the exchange.
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On 7/19/2013 11:05 AM, Davqe wrote:
I'm working on using OCA for my profit and loss orders. It appears
that once I set the orders up with an OCA group, they aren't actually
sitting at the exchange but rather are on an IB server waiting to be
triggered. I'm using ocaType of 1 (Cancel with Block). It is possible
to get the orders actually sitting in the queue at the exchange? For
futures contracts with a lot of market depth (S&P e-minis for
example), I want my profit limit order in the queue as early as
possible. If it waits until the price is touched, I'm at the back of
the queue at my limit price.
Am I misunderstanding the manner in which this works? Or is there
another way to specify the ocaType that will place the order at the
exchange and still handle the cancel once one is triggered.
