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Zeckrin

Any way to Specify a Route with DAS Stop Order or an Alternative?

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Zeckrin

So my broker Cobra offers several rebate routes if your a Liquidity Maker (best paying even .0025) (Even one that pays you .002 to be a taker)

STOP orders cannot utilize any of the rebate routes and are the most expensive option (Charging .0035). So no OCO's either. 

Anyone found a way around this? I know my on demand Sell orders are simply LIMIT orders at BID-0.05 when I click the button.

Is there some type of hotkey you could create  that will cause a LIMIT orders at BID-0.05 to be entered once the stock reaches a certain price?

I am new with all this routing stuff so thank you in advance 🙂

Mike

Edited by Zeckrin

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Zeckrin
5 hours ago, peterB said:

this type of automation is not possible in DAS

i wonder why are you so concerned about the commissions

Thanks Peter B. My parents were tight savers / coupon clippers and never wasteful even though they both made great money. Probably rubbed off on me.

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