Placing Limit Orders above Market: CQG M HOT

edited May 6 in CQG M
In CQG M version 2.10, you can now place limit orders above the market. Here's how:
  • When selecting a price above market, you now have the option to place a sell limit order as well as a buy stop order.
  • You can also set the preference, per symbol, for the range of ticks for forcing a limit or stop when placing orders via drag and drop.
  • To find the Limits vs. Stops preference, open Preferences and search for "Limits."
  • This applies to HOT and trading from the chart.

See the full list of improvements in CQG M version 2.10 on our blog.
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Comments

  • You wrote:
    "When selecting a price above market, you now have the option to place a buy limit order as well as a buy stop order."

    Actually the screenshot shows a buy limit order (BUY 1@ 2362.75 LMT DAY) and a BUY 1@2362.75 STL DAY; the latter seems to be a Stop Limit Order (SLT) not a Stop Order.
    So if it is actually a 'stop limit order', the stop price is 2362.75 but which is the limit price?
    Am I missing something in your description? Thank you.
  • Thanks Sylbis, the text was incorrect. It should have read (and now does):
    When selecting a price above market, you now have the option to place a sell limit order as well as a buy stop order.


    When selecting a price below market, you have the option to place a buy limit order as well as sell stop order.


    For Stop Limits, the number above the STL control shows the number of ticks away from the stop where the Limit will be placed. You can change this setting in preferences. Open the preferences from the bottom right 3 gears icon, and type 'stop' to easily find the preference.


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