Thanks Fleance and Stock. I trade from only one PC, so I'll stick with the standalone. Years ago I used AOL, and would hate it when they would "automatically upgrade" without any consent. Thanks again.
Giving the TWS user the option to remove all of the icons sure is a great improvement. Great work IB. Catoosa
Def, very often when I trade NYSE stocks, I see "TRIM" and "CAES" on the bid or the offer of every stock. Many times, they are the best bid or the best offer. Is there any way to have IB Best route to them as well? I've asked IB this question, and this was the reply: Dear Trader, TRIM is a market maker. CAES is for marker makers to trade on. Retail customers cannot direct an order to a specific market maker through our system. Currently, retail customers cannot trade the CAES directly through our system. Generally, market makers can participate at any market center available to get their business done. Def, do you exactly why "retail" customers cannot participate? Isn't IB BEST suppose to route to the "BEST" available source? Do you think it would be possible to route to them in the future? Thanks, shneed
are you looking at level II or the acutal exchange? If it is level II and a market maker is posted with the best NBBO then supersoes will execute with them. In the past IB made deals with some specific market making firms stating they would execute on the NBBO but they only lasted for short times as the firms realized they couldn't make money against IB customers (too fast, instead of them picking off their typical clients, they ended up losing money). I don't think you're missing much and/or anything. If you see a price you want to hit, just send a limit order via best. My guess is that you will be filled.
Def, I am looking at level 2, are you saying that if I see a mm on the screen for a NYSE stock, I can hit them with a SuperSoes order? If that's the case, shouldn't "BEST" order do that automatically? Also, If I see them on my level 2 screen, I do not see their price reflected on the TWS when they are the best bid or best offer. Thanks, shneeed
didn't realize you meant NYSE. No you can not SuperSoes them. But given the experiences you all have before SuperSoes was in existance, do you think TRIM will honor their quote and give an instantaneous fill? If they are really there with their quote, if you send the same price to the NYSE or elsewhere, they would trade with you.
CBOT Eliminates Market Data Fees for IB Customers Effective May 1, 2002, the CBOT has eliminated market data fees for IB retail customers for all CBOT Level 1 & 2 quotes. CBOT futures include the newly launched mini-sized Dow futures, US Treasury Bonds, Notes & Fed Funds futures. Futures account customers currently subscribed to ACE data, will be charged for the month of April, but will have their fees waived beginning with the month of May (June billing).