IB failure to execute opening orders

Discussion in 'Interactive Brokers' started by bestfriend, May 11, 2006.

  1. So it took a full trading day - plus - to get an answer. Nice.

    Hope it doesn't gap up on you tomorrow. Or did you pre-cover?
     
    #21     May 11, 2006
  2. Well, hmmm? ......if it was in fact a timing error, it should be easy enough to track....that's why I said "2 minutes" (the order has to be time stamped 2 minutes before the stock opens before Goldman will intervene)....

    From what I know about IB, they are street savvy and reputable, and if it was their error, I would think they would offer some sort of restitution...if it wasn't, they will likely give a more detailed explanation.

    Don
     
    #22     May 12, 2006
  3. Two weeks later--


    I never got a full explanation of what happened, but I did get the trade.

    The same thing happened with an opening order the very next day, and it was small so I didn't bother to bring it up. It sure seems like it's not an Exchange issue. In the second case, I know it wasn't an issue of entering the order too close to the opening.
     
    #23     May 29, 2006