When a trader punch in a stop-loss on its broker terminal, where is it stored till execution?
At the exchange, or at the broker?
If at the broker, can the speed of broker-execution/execution-latency be different among different brokers?
If yes, where Zerodha stands in terms of Order Execution Latency?
Reason for asking - Noticed better Stop Loss Price Execution at other brokers consistently, compared to Zerodha. So, wanted to understand the reason behind it.