Re: Automated trading question - where do the orders "live" ?

["Henri Amand" <henri@xxxxxxxxx>]

Justin T Fanning wrote:
> Hello,
>
> I have an automated trading question - where do the orders "live" ?
It depends on the exchange you are using if they do
or do not support your order type. If they do, your
order will "live" on the computers at the exchange.
If they do not then your broker will have a choice
to reject your order or simulate your order. Simulating
your order will mean the order will "live" on the computers
of your broker and will then be send to the exchange
as soon as your order conditions are met.

Greetings


Henri Amand



Tremendous Group BV - The Netherlands
Licenced Bloomberg 3rd party software developer
www.bbadapter.com