Interactive Brokers / Timberhill Message Board

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Non-Tech : Interactive Brokers / Timberhill

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To: xcr600 who wrote (750)	11/20/2000 5:55:48 PM
From: OX	Read Replies (1) of 9012

thanks for your reply. I would think if you canceled and got a UROUT confirmation of the cancel, it would mean just that (you're out). that sounds bogus that they could go back on that. it means that either IB's cancel really isn't a cancel, or that their system can't truly propagate a cancel from the MM system, or your order got caught in one of those rare instances. most online brokers would normally try to bust the trade if it was the latter situation. i wouldn't know how that's handled w/ a SOES execution. sounds bad to me if you got a cancel confirm and they won't bust it for you.

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