When my strategy submits stop order on the Nybot or HKE, the stop order goes from PendingSubmit, to Accepted.
However, on the Eurex, a stop order goes from PendingSubmit, to Accepted, to Working.
What is the cause of this? Why is this not the same on both exchanges? Is this expected? As well, is this broker-dependent? I'm using Interactive Brokers right now, if I change my broker, will this behavior change as well?
If I have a strategy that changes the stop order, what state should I be checking for, Accepted or Working? I'm concerned that if I check for both Accepted or Working, it might produce the wrong behavior depending on which exchange this is.
Thanks in advance,
Ken
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