Online Broker with all kinds of orders

L

LeoK

:p

I'm looking for Futures Online Broker who can provide all kinds of electronic order types.

I'm doing part time trading with Futures, and I need 100% electronic trading.

I don't have time to watch the market, and I need the following order types:
1) Market
2) Limit
3) Stop
4) Market on Open
5) Market on Close
6) One Cancel Other (OCO)

Below are comments on Brokers I've dealt so far:
a) ELOCALTRADING uses J-Trader software. Doesn't provide types 4,5,6

b) EFLOORTRADE uses J-Trader software. Doesn't provide types 4,5,6

c) POINTDIREX - Doesn't provide types 4,5,6

d) ALARON uses RAN software. Doesn't provide OCO. For OCO wants to call in.

e) JP Futures. They have both J-Trader and RAN. Can't use their J-Trader due to firewall issues. RAN doesn't have OCO. For call in to watch OCO they charge fee for each order to cancel.

f) Interactive Brokers (IB). Can't resolve firewall issues.

g) ANCO - Doesn't provide types 4,5, 6


I would appreciate any help.
 
The system accepts the following types of orders.

Buy - Buy Order
Sell - Sell Order
Spread - Buy one contract and sell another
BuyOCO - Execute buy order and cancel other order
SellOCO - Execute sell order and cancel other order
BuySpread - Option buy spread
SellSpread - Option sell spread

MKT - Market Order
LMT - Limit Order
MIT - Market if Touched
MOC - Market on Close
FOK - Fill or Kill
STWL - Stop with Limit
STOP - Stop
OB - Or Better
OBOO - Or Better Open Only
OBCO - Or Better Close Only
SCO - Stop Close Only
SOO - Stop Open Only
STL - Stop Limit

www.refcoexpress.com

Use Trading Login, then hit Interactive Demo. See also Help ( I took the above from there )
 
What would concern me is that only limit and stop orders reside on globex.
These other types of orders do not and if the broker has a tech problem so do you.
Just my conservative viewpoint .
 
f) Interactive Brokers (IB). Can't resolve firewall issues.

LOL, you mean you can't resolve firewall issues.

I trade from work through a firewall perfectly fine.
I trade from home through a firewall also.

You should ask one of your network friends to set it up
correctly for you.
 
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