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Question by speed10 · Sep 18, 2015 at 05:54 PM · Autotrader™

How do I prevent Autotrader from requoting an order that is partially filled until the order is completely filled?

For example...
- Synthetic engine via Excel link produces bid.
- 50 lot bid order is placed via Autotrader.
- A partial fill of 13 on the 50 lot order is received.
- Autotrader requotes a 50 lot again but is rejected due to exceeding maximum position of 50 (set via Autotrader profile).

There is the following option:

Use Cancel/Replace partial fill quantity: Autotrader deletes your quote order and sends a new order to the market with the remaining quantity of your order instead of the original quantity.

Example: You have an order for a Qty of 20. You get filled on a Qty of 15. Instead of replacing the original Qty 20, a new order is sent with a working Qty of 5.


However, this loses your place in queue. How can I get Autotrader to place the order and leave it until it is fully-filled or changed by link via Excel?

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Answer by Lori · Sep 18, 2015 at 05:56 PM

Autotrader™ submits limit orders and your partially filled 20 lot should not be pulled and re-entered. If you use Cancel/Replace Partial, as long as neither the quantity nor price updates, your order will stand. This allows partial fills until completion without updating the order.

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