Hi Everyone, I've been trying out IB's Relative Orders the past couple days with mixed results. For Nasdaq stocks, it executes very quicky I've found. For NYSE stocks, they didn't execute at all. I'm not sure what happened with the NYSE relative orders. Was it because I didn't give them enough time to fill? I had sent the orders a little under 1 minute to the close. The Nasdaq orders were filled very quickly. NYSE not at all. Can anyone shed any light on this? Thanks in advance. -- Punter P.S. See below for info on the relative orders that I copied from the TWS User's Guide. Relative Order A Relative order is an advanced order type whose price is dynamically derived from a combination of the market quote and a user-defined offset amount. The order is submitted as a limit order and modified according to the logic below until it is executed or you cancel the order. You can also set an optional price cap, which keeps your order from executing at a price inferior to the cap. Relative Order Pricing Logic When you submit a relative buy (sell) order, the offset amount is added to (subtracted from) the best bid (ask) price and the order is submitted as a limit order. The pricing algorithm continually monitors the market and will re-price and resubmit a relative order according to the following rules: (these rules are written from a buy order perspective. For a sell order, reverse the direction of market movement.) When the market advances beyond the current order price and the time since the last revision of the order price is less than five seconds, the order is re-priced to match the market quote. When the market quote advances beyond the current order price and the time since the last revision of the order price is greater than five seconds, the order is re-priced to the market quote plus the offset. When the market quote equals the current order price, and that quote is NOT issued by the current destination or by SOES, SuperSOES or SelectNet, and the time since the last revision of the order price is greater than five seconds, the order will be repriced to the market quote plus the offset. When the market quote declines below the current order price, the current order price will stand. Routing Availability Product Routing choices U.S. Equities Best Execution or Best ECN U.S. Options Best Execution Non-U.S. Equities Best Execution or direct routing Non-U.S. Options Best Execution or direct routing Note: Relative orders are not available for commodities.