In paper trading when i submit an order sometimes it takes several minutes to get the ‘new order’ update. In the meantime if i try to replace a stop in the submitted order, it fails with ‘order not yet submitted to exchange’. Does this minutes-long delay between order submission on my end and order acknowledgment/activation on the Alpaca end happen often for live trading as well?
I’m having the same issue any info on the subject? Thanks!
The best way to think about Paper trading is that it always assumes the worst-case scenario - so a bit of delay isn’t unheard of with Paper, especially at market open.
Thank you so much for your answer! Here is an example of a trade that we’ve placed as a test. My main question is what is “updated” status vs “filled” that shows up 41s after beeing filled. We’re currently testing the API for day-trading quant strategies sent from our own software and we need to receive all info regarding trades simultaneously (or a couple 1/10s max) so if we need to wait seconds to get an update on a trade that will not work for us.