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Non-Tech : Interactive Brokers / Timberhill

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To: Mark Davis who wrote (987)1/13/2001 4:16:14 PM
From: John Megert  Read Replies (2) of 9012
 
I may need help clearing up something I may be ignorant about.....I'm using ISLD to submit marketable orders even if there are not lots on ISLD. I'm getting very good executions. I'm assuming that it's matching my request against the rest of the market then executing my order. It's in this way that I tried to use REDI and was not getting as good responses/executions (sometimes not executing at all). When executing against lots on REDI I suspect that it's very fast. I don't tend to watch each ECN. I just watch LVL2 and try to pick off what I want and it seems (so far) that ISLD is best at doing this. If I'm under some delusion/ignorance then someone please educate me. Thanks for replying to my post. John.
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