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Stop Order Rejected by Interbank Party but No Stop Order used |
hyperscalper
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Post subject: Stop Order Rejected by Interbank Party but No Stop Order used |
Post rating: 0
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Posted: Thu 01 Nov, 2012, 14:46
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User rating: 98
Joined: Mon 23 Jul, 2012, 02:02 Posts: 656 Location: United States, Durham, NC
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JForex v2.18.19
An ordinary Take Profit was rejected with the message:
13:32:41 Stop order has been rejected by interbank party. System will resubmit this order.
No stop order is used, this is an ordinary Take Profit (MIT) with a Stop Price of ZERO, indicating No Stop desired.
Subsequently, the Take Profit is filled normally. I have seen this several times in Live trading.
Attachments: |
File comment: Stop order has been rejected by interbank party. But no Stop Order is used.
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hyperscalper
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Post subject: Re: Stop Order Rejected by Interbank Party but No Stop Order used |
Post rating: 0
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Posted: Thu 01 Nov, 2012, 14:59
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User rating: 98
Joined: Mon 23 Jul, 2012, 02:02 Posts: 656 Location: United States, Durham, NC
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I suppose the interpretation of this should be that a Take Profit is technically dealt with in the same way that a Stop is handled. For a Long position, either one Sells to "stop" (close) the position. The wording of the message is slightly misleading to the normal trader.
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Platform Support
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Post subject: Re: Stop Order Rejected by Interbank Party but No Stop Order used |
Post rating: 0
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Posted: Fri 02 Nov, 2012, 13:27
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JForex Master |  |
User rating: ∞
Joined: Wed 16 Sep, 2009, 18:23 Posts: 1054 Location: Geneva, Switzerland
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Indeed. We will investigate this.
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