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Strategies & Market Trends : RealTick III

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To: davealex who wrote (164)1/9/2001 3:17:53 PM
From: Eric P  Read Replies (2) of 311
 
Dave,

I've just been using ARCA stops for a few days, but from my limited experience, my ARCA stops have not been going "live" until the bid or ask hits the stop price. I have not seen buy stop orders go live, for example, when it's printing at the stop price while the inside ask is still below the stop price.

Would you mind explaining how the ARCA stops work? Does the customer has any options on choosing what triggers a stop?

Thanks,
-Eric
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