Orders in a state "Accepted" or "Working" are at the exchange or on IB's servers in situations where the exchange does not have native support for an order type.
OCO (One Cancels Other) functionality is natively supported on their servers.
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Above is from a sticky thread at the top of "SuperDOM and other order entry systems".
After having placed a few trades through SuperDOM using ATM, I realized that when a limit is placed to open a position, the order resides at the exchange, but the associated ATM stop orders don't get submitted in "Working" category at the same time.
I was wondering why this is given that if there is a internet connection failure, there will be an open order without an associated protected stop at the exchange (or on the brokers server).
Perhaps I'm getting it wrong. Any clarification would be appreciated.
Thanks in advance.
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