SI
SI
discoversearch

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 -- Ignore unavailable to you. Want to Upgrade?


To: OpusX who wrote (965)1/11/2001 8:30:18 PM
From: booters  Read Replies (1) | Respond to of 9012
 
didn't you have problems today with IB futures,

Yes I did and I think I mentioned that in the post earlier. I was hung both times when Globex went down. The first time it has happened to me but I was very lucky.

The first one was to enter a position that turned out to be a loss so that was good. The other one was after 4:00 when the market tanked. I was short from 50.5 and tried to take my profit when the price rebounded. By the time I got the order in the price was back up to 20 and then no fill. I was not able to get out until globex cleared up after the market close. I waited until 4:45 and covered the short when it opened at 98, 22 points lower than I would have.

Does this make the problem OK?......NO IT DOES NOT. But it sure made it easier to accept...<ggg>. I was very lucky.

Those are the only two problems I have ever had in the year or so I have traded with IB but I will admit that listed stocks and futures run much smoother than the NASD.

boots

boots



To: OpusX who wrote (965)1/11/2001 9:51:06 PM
From: aldrums  Respond to of 9012
 
it is making me consider opening another acct, so that I could hedge a postition.

I would say having an additional broker with IB is an absolute necessity. When IB went down on Monday I called the trade desk and the phone rang and rang and did not get answered. Finally I gave up and hedged my open position with my MB trading account.