Careful - IB cfds

Discussion in 'Interactive Brokers' started by Leopard9, Sep 19, 2018.

  1. Shhhhhhhht.....Don't tell anyone, but I just got filled 0.52 points better than my limit order in IB ESTX cfds
     
    #11     Sep 21, 2018
  2. Hooter

    Hooter

    I suspect its the thing w cfds. Tradenet executions were snail like but stops always worked
     
    #12     Sep 22, 2018
  3. Have to call shenanigans trading ESTX cfds just now.
    I was bidding 3182.01 and I saw a 3182.00 ask 2 times, while my bid mysteriously dissapeared.
    In the end I got filled though.
    (I have to say that I got filled at 3182.0 so a cent better than my bid)
     
    Last edited: Nov 19, 2018
    #13     Nov 19, 2018
  4. Isn't that how bestex should work? My guess: Your order on a back to back transaction is posted on an exchange, another exchange posts a better offer, they cancel the back to back order on the first exchange and lift the offer on the second. The CFD quote would get canceled and replaced in that instant.
     
    #14     Nov 19, 2018
  5. EW: I don't know what you are talking about?

    My submitted and active bid was higher than the ask so i expect to get filled
     
    Last edited: Nov 19, 2018
    #15     Nov 19, 2018
  6. yes but if after Hours perhaps you were on one exchange and a better offer was on another. They cancel and try to hit the offer on the other exchange. They swing and miss the first time but you get it the second. ie. another broker may not be honoring bestex after hours. Just a guess but who knows. The cool thing of course is you get a better fill.
     
    #16     Nov 19, 2018
  7. Ah ok, I see what you mean.
    ESTX is regular hours now though
     
    #17     Nov 19, 2018