Targets - Stop Orders or Stop Limit Orders?

[Nereus]

When using a scale out strategy on the dom.... say with 3 targets... are the targets considered "Stop Orders" or "Stop Limit Orders"?

The consideration is inthat regardto the new cancel/mod fee imposed by cme and passed thru to us by IB. A "Stop Limit Order" is native to globex while a "Stop Order" is simulated by IB... which from what i understand will not be subject to the cancel/mod fee.

Here is a link to IB's order types :

http://www.interactivebrokers.com/cg...le=GLOBEX.html

Clarification would be greatly appreciated.

Thanks

[NinjaTrader_Ray]

imported post

Limit orders.

[Nereus]

imported post

OK.. so ... since limit orders are native to the exchange, the cancel/mod fee would apply.

Thanks

[NinjaTrader_Ray]

imported post

Once that policy is in place, then yes.