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Non-Tech : Interactive Brokers / Timberhill -- Ignore unavailable to you. Want to Upgrade?


To: rocklobster who wrote (2469)1/18/2002 4:45:51 PM
From: eriksonc  Respond to of 9012
 
<actually the five point collar thing would explain why my slippage was so bad..if IB had to keep resending the order because the five point range wasn't enough, they may have had to send the order as many as eight times before they finally caught up with the market.. this might also explain the 19 second delay in filling me..>

Preliminary answers from IB about their NQ stops suggest that this is exactly what happened. From what I've been told, IB does resend orders if the market spikes past the 5 point collar. This probably means that their description of Stop Market orders on their website needs updating.

Carl