PDA

View Full Version : ATM strategies and MB Trading


poindexter
12-01-2010, 01:46 PM
Hi
Does ATM strategies work with MB Trading?
Today I traded live and the Stop Loss didn't work.
I don't want to make another trade without clarifying this issue.

NinjaTrader_Kyle
12-01-2010, 01:52 PM
Hi poindexter,

Thank you for your post.

Yes - ATM strategies will function with MB Trading.

Can you elaborate on what occurred?

poindexter
12-01-2010, 02:12 PM
I entered a trade in the 6E earlier this morning and set automatic target and stop loss (according to the ATM strategy I use). The trade went against me and hit the stop but didn't get out of the trade. Then I got a message that the MB Trading connection is down (or something like that) and I had to close the Ninjatrader and load it again in order to close the trade manually (with greater loss than expected and set up).

Are the target and stop loss orders set in the MB Trading servers (as TTO orders) or are they set locally and when hit sent to the MB Trading servers?

How does the order routing work?

NinjaTrader_Kyle
12-01-2010, 02:22 PM
Hi poindexter,

Thanks for the clarification.

Where orders reside depends on the state of the order. In the case of MB Trading:
Orders in a state "Accepted" or "Working" are at the exchange or on MBT's servers in situations where the exchange does not have native support for an order type.
OCO (One Cancels Other) functionality is simulated on your local PC.

poindexter
12-01-2010, 02:25 PM
Thanks.
Another issue:
My Ninjatrader setup is - data feed from kinetick (CME waiver - I trade futures) and broker is MB Trading.
My SuperDom does not work (no data).
Why is that and how can I fix it?

NinjaTrader_Kyle
12-01-2010, 02:28 PM
poindexter,

This would indicate to me that your Kinetic subscription does not include level II data. Level II data is required for the DOM to function with this connection.

poindexter
12-01-2010, 02:32 PM
How do I obtain Level II data for CME?

NinjaTrader_Kyle
12-01-2010, 02:34 PM
Hi poindexter,

You'll need to contact Kinetick and ask that they add the service to your account.

poindexter
12-01-2010, 02:36 PM
OK.
Thank you Kyle
You are doing a great job.