We send through FIX an order without SL or TP that opens a position, through FIX it is not possible to put TakeProfit or StopLost to a position.
The solution we have implemented through FIX is to place a Limit / Stop order with the same PositionMaintenanceId as the main position. When this order is activated when the price is touched, we receive an ExecutionReport event with the information and the original position is closed.
We would like to be able to manually place an Limit / Stop order associated with an open position and that the behavior is the same as when we do it through FIX.
developer
07 Nov 2019, 18:54
Hi,
We send through FIX an order without SL or TP that opens a position, through FIX it is not possible to put TakeProfit or StopLost to a position.
The solution we have implemented through FIX is to place a Limit / Stop order with the same PositionMaintenanceId as the main position. When this order is activated when the price is touched, we receive an ExecutionReport event with the information and the original position is closed.
We would like to be able to manually place an Limit / Stop order associated with an open position and that the behavior is the same as when we do it through FIX.
Regards,
Luis
@developer