Interactive Brokers / Timberhill Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : Interactive Brokers / Timberhill

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Dan Duchardt who wrote (840)	12/7/2000 10:13:16 PM
From: rocklobster	Read Replies (2) of 9012

Dan, I have a question regarding limit orders... I have always used best execution, because I don't know enough about other routing methods, and it seemed like an unecessary hassle if best execution really was...."best execution".. however.. it occured to me that if best execution is simply landing my order in a market makers lap.. then he wont fill me til he has an ask at my bid.. So he can make the spread.. If I route directly to an ECN like island.. isnt my order just electronically represented in the open market.. and wouldnt this lead to a higher likelyhood of a quicker and better fill on limit orders.. It seems like in this case, that best execution actually guarantees that you won't get "best execution" am I correct in my thinking here? rok

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next