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Non-Tech : Interactive Brokers / Timberhill
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To: Dan Duchardt who wrote (996)2/21/2001 11:42:25 PM
From: Keith Monahan  Read Replies (1) of 9012
 
Question on Island executions (not specific to Interactive Brokers):

Inside bid = 500 @ 9 5/8 and then 500 @ 9 1/2.

I want to sell 1000 shares and hit those 2 bids. The order would be routed to Island exclusively. If I put in a sell order of 1000 @ 9 1/2 would it execute against those 2 bids or would it be rejected for locking the market? I am trying to avoid putting in 2 orders to ensure a quick execution.

TIA
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