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re: Stoploss Order Trigger
Ryan Pierce / Townsend Analytics Ltd. / Archipelago LLC
12 Sep 2001 11:33AM ET

> This does give you a way that someone else solved the problem.
>
> Tag: 150(ExecType) Value =7 (stopped)
> Tag: 39(OrdStatus) Value =7 (stopped)

This isn't the generally accepted meaning of these fields. ExecType / OrdStatus = Stopped has nothing to do with stop or stop limit orders.

ExecType / OrdStatus = Stopped refers to a guarantee made that an order will be traded.

For instance, a NYSE specialist may "stop" an order, thus guaranteeing a fill at a specified price while the specialist searches for a better price.

Stoploss Order Trigger
Ranjit M / Elind Computers   11 Sep 2001 6:55AM ET

re: Stoploss Order Trigger
Tayloe Draughon / Capital Markets Consulting L.L.C.   11 Sep 2001 10:30AM ET

re: Stoploss Order Trigger
Ryan Pierce / Townsend Analytics Ltd. / Archipelago LLC   12 Sep 2001 11:33AM ET

re: Stoploss Order Trigger
Tayloe Draughon / Capital Markets Consulting L.L.C.   12 Sep 2001 12:49PM ET

re: Stoploss Order Trigger
Jim Northey / Chicago Board Options Exchange   12 Sep 2001 1:15PM ET