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Non-Tech : Interactive Brokers / Timberhill

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To: TraderAlan who wrote (959)	1/11/2001 7:47:13 PM
From: dli	Read Replies (1) of 9012

Alan, NYSE executions at IB are excellent. Besides options that's the area where they really excel. NYSE orders go directly into SuperDOT so there's no additional layer like ISI which many other DA brokers go through. There is a disadvantage, though, with their handling of NYSE stop orders. Those are not exchange held but reside on IB's system until triggered which of course will put you at the end of the queue for an execution. From what I've been told this implementation is due to their institutional customers that don't want to tip their hand to the specialist. Dave

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