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def, By limit order, I don't mean just send out an order at that exact price. The limit would be sort of internal to the algorithm. For example, suppose the inside ask is at 50 with no ECNs there. If I send out a Super Smart Order at 50.10, it should look for the nearest ECN from 50.01 to...

Can a Best ECN order be sent with a limit price so that if an ECN is not available on the inside the order would look for the nearest ECN within the limit? I think this would be a very useful and valuable feature, but I can't seem to find any trading software that has it. Oh, and I also want the...

I've been using Tradescape since Nov 2000. Reliability -is- a problem. Since at least 2 weeks ago, I can't trade NYSE stocks using the software; I have to call in to do that. Something's broken in their backend software. Lately, there hasn't been a breakdown, except for the NYSE thing, but I...

This happened to me today, too. I had entered a short and tried to cancel it but I couldn't. Then a few seconds later a message appeared that said Market XT was down, then later Smart Orders were down. Fortunately they answered the broker line on the first ring and they said that my order never...