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Order State Question

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    Order State Question

    Hi,

    I run my Strategy and eventually an order is placed and filled. The strategy then automatically submits a stop-loss order. This order is submitted and, according to the Prints I have in the code, eventually reach an OrderState of 'Accepted', but never reaches a 'Working' Orderstate.

    This is the order submission I use:

    MyStopOrder = SubmitOrderUnmanaged(0, OrderAction.Sell, OrderType.StopMarket, Position.Quantity, <SomePrice>, <SomePrice>, "", "STC");


    What would cause this to happen? Why would an order be accepted but never reach a 'Working' state?

    Thanks,

    Charlie


    #2
    Hello Charlie, thank you for your post.

    The state transition will be: Submit -> Accept -> Working -> Filled. Your broker will have more information on the states the order transitioned through and where the order is when a state transition occurs. The transition from accepted to working is something a broker's servers would control.

    Please let me know if I can assist with any thing else.

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