Of course a too-late-to-cancel order fill 35 mins later in the most liquid market in the world and most liquid currency pair is ridiculous....
I'm currently involved in a situation with IB concerning a bizarre Forex execution. Thread:...
UPDATE: Spoke with an IB rep on Friday. It appears that they were looking at the wrong date when they concluded that the trade was legitimate....
I don't have access to TWS due to the fact that's it's a weekend, but I believe that instead of using a Bracket order, create an OCA (One Cancels...
The one thing that bothers me is the length of time it's taking to solve what is obviously a serious error on IB's part. I got a few sound bites...
Trade times and price are from audit trail and daily account statement. Yet even a late report cannot explain how the parent order - Buy Stop lmt...
So far all I received was a statement saying that the trades appear legitimate. But that's not a final determination as they are still looking...
Yet, imagine that they did, the bracket order had a stop which would have executed immediately if not a few seconds later near 1.2320 considering...
Original Trade entered via IB's TWS on 4/20/06: Bracket Order: Parent: Buy Stop LIMIT - Buy 100k eur.usd @ 1.2348 Lmt 1.2346 Stop Child:...
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