TradeStation Help
Order Routes for Equities
The order route specifies how your equities order will be routed to
a market participant.
There are different order execution rules and Advanced order placement
options available depending on the market participant chosen.
From the Equities tab of the Order Bar, use the
Route drop-down list to select
the desired order route.
Each
order route is uniquely different and must be considered before selecting
the order route type.
For each equity route type listed below, the following sections are
available to you.
- Order Durations - Contains
each order duration type for equity orders with specific information
about each order route, i.e., hours of operation, when orders may be
entered, when orders will cancel, the lifespan of the order, etc.
For more detailed information on order durations for equities, see
Order
Bar Durations for Equities.
- Advanced Settings -
Based on the order route and order duration type selected, the Advanced
settings are enabled or disabled in the Order Bar. Advanced settings
for equities order placement are listed under each equity order route
type.
- Order Behaviors - Contains
a list of behaviors that are applicable for the selected route type,
as each order route type has its own unique order behavior. Behavior
for orders will vary depending on the route chosen.