Posted: Jun 18, 2008 @ 12:36 PM             Msg. 1 of 4

I heard some chat about synthetic orders being developed.

I'm looking to use an order type of "Market on Close".
"Limit on Close" would be even better if possible.

Do these fall into the realm of synthetic orders?
Are they possible to use now? If not do you have an eta?

Thanks,
-TraderBetts

Posted: Jun 18, 2008 @ 01:31 PM             Msg. 2 of 4

we have Market On Close and Market On Pit Close order types already. They both are time-releated orders with predefined time. You can send any order type with custom release time, for example, Limit with release time 4:30 - is it what you want for Limit on Close?

Posted: Jun 18, 2008 @ 04:22 PM             Msg. 3 of 4

I think that will do it Serge.

Quick question. If mkt closes @ 4:30. is 4:30 ok for release time or should I set it to 4:29:59.

Thanks.

Posted: Jun 18, 2008 @ 04:26 PM             Msg. 4 of 4

we send MOC orders 15 seconds before actual close, in this case at 4:29:45.