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Non-Tech : Interactive Brokers / Timberhill

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To: Jonathan Sibley who started this subject	1/20/2001 4:48:29 PM
From: Mark Davis	Read Replies (1) of 9012

Just a heads up for IB traders. I'm an old hand at this but the habit of IB software to insert the BEST PRICE only of the particular route (ISLD, REDI, etc) you are accessing can be a gotcha if you are not careful. If the stock is thin enough , that price can be points away from the inside, and you will get filled at whatever you send out. No going back. Advice is to check the price carefully and make sure it's what you really want. Made this mistake twice in a row [ after many 100's of trades using the system, guess I got too comfortable ;) ]

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