Quote from bs2167:
Too many variables to answer your first question. I believe only the pegged-to-mids are hidden, so you can easily watch the others roll back (or not). TWS also has a field that will show current price which will allow you to see your prevailing bid/offer on a pegged-to-mid.
Thanks for the answer bs !
On Monday I sent trhough IB a pegged-to-midpoint order at 10:00 am on stock CSC. Limit was sent on the bid for a sell order. It executed 13 minutes later. Does it sound normal ? CSC has good volume. But how is it with less than 1 Million shares per day volume stocks for pegged-orders executions ? Is it still easy to execute with low volume stocks ? Let us say I want to execute in less than half an hour with a pegged-to-midpoint order. Is there a limit in volume/per day under which I should consider another order type ? My objective being to be executed near the NBBO ...