I appreciate the understanding but if it does happen again, please do send a request to CS to look into it as we should be able to determine whether or not a stop should have been triggered or there was an error in routing an order to the exchange. Now correct me if I'm wrong but aren't YM future stops native on the exchange level? Thus if sent to the exchange then the exchange would have to be contacted if you believe it should have been triggered.
So let me get this straight: you had a "target price" so you entered a "stop order" at your target price? LOL!!! You sure that wasn't a limit order you entered at your target price? One that didn't execute when YM traded at your limit? By the way, I've been trading for close to 40 years. How about you? OldTrader
if the order is native to the exchange, the exchange controls the trigger. if it is a simulated stop (ie. not native to the exchange), the ib triggers come into play.
There was a long thread a few months back and I thought that these were removed. edit: here is the thread I was referring to http://www.elitetrader.com/vb/showthread.php?s=&threadid=163833&perpage=6&pagenumber=13
The issue from that thread was a strict rule that applied to conditional orders. It was not working correctly and we fixed it. As Def stated in that thread, the rule is in place only to protect stops from large, rapid moves caused by big block orders. http://www.elitetrader.com/vb/showthread.php?s=&threadid=163833&perpage=6&pagenumber=8
It would trigger: the bid/ask check allows last to be outside of bid/ask by 0.5%, which for $24 stock is $0.12. DAV is absolutely correct in his posts.
For 2 different IB stop orders placed in 2 different occasions, is it possible to place one stop order using "Last" method and another using another stop-trigger method (e.g., Bid/Ask, etc.)?