Depth of Market triggered orders
Depth of Market triggered orders are not available on CQG Desktop.
If the bid/ask is 100/101: suppose there are 10 lots on the bid and the trader want to hit the bid with a 5 lots limit order only and if there is another fill at 100 price, even 1 lots.
Therefore with CQG Desktop the trader should be able to place a Sell 5 ZZ Stop 100 Limit 100 if one trade will hit the current bid.
In this case the Sell 5 Limit order will be transmitted on the DOM only and if another fill will occur at 100 price."
Well, while this choice is available for all the prices above or below the current price thanks to the Offset =0 in the HOT Stoplimit preferences, it is not actually available for the current Bid/Ask.
Thank you.