Someone else could probably give you a better answer, but I interpret it as a specialist wanting to show a quote he doesn't want to honor. I just assume I wouldn't be able to get an execution against it, but I could be wrong. Sorry I can't be of more help.
guys, i don't mind you asking questions here as i learn new things about the system/US markets from researching your answers. However, I do want to point out that info on the web site is constantly being updated - in particular the user guide. i know this as we are in the process of translating it into chinese which i turning out to be a daunting task as new info is constantly added. in any event: Text Colors TWS uses colored text on the screen's black background to represent up and down movement of price and quantity, and order destination information. YELLOW indicates no change in size or price. GREEN indicates an upward movement in size or price. ORANGE (or red) indicates a downward movement in size or price. For options, the price displayed in PURPLE indicates that the best price is not executing automatically at one or more of the exchanges displayed. ----- Yes: QQQ are not options but they trade on the AMEX which does have an auto-ex system and a specialist which kind of controls what trades. Since a human is often involved executons are usually slower. This is why many people suggest you route QQQ orders to Island for instant fills.
the symbol columns will be "removable" with a new release on monday. the hotkeys for stops are being addressed as well (not in this release).
More IB improvements coming in the future. I voted for Mutual Funds, Single Stock Futures, and US or European Fixed Income. ------------------------------------------------------------------------------ Interactive Brokers Communiqué October 12, 2001 New Products Survey IB wants to find out what potential new products are most important to its professional trader community. Please take 2 minutes to complete our Product Survey and make your opinions count. New Products Survey Please rank your most important potential new products 1 to 3, with 1 being your top priority, and 3 being your last priority (Please pick only three). If you have a request not on the list, please rank and fill in "Other" at the bottom. Single Stock Futures US or European Fixed Income Real-Time Equity, Option, & Future Charts ($95/month fee) All-in-one Stock, Options, and Commodities Account Multi-Currency Futures Account Shorting of European Stocks European or Asian Warrants Additional European Stock Exchanges Mutual Funds Other Read About IB's Intelligent Order Routing Logic Want to route your order to the best market? Use Best Execution intelligent routing to ensure the best price. For details on our order routing logic and the handling of different order types, click here. Download Statements Into Quicken You can now download your daily and monthly security account statements into Quicken through an OFX download. Microsoft Money and support for Commodity accounts will be available at a future date. Quicken only supports US Single Currency accounts at this time. For information on how to download into Quicken, click here. Easily Search for Products Available to Trade We have revamped our product search to simplify locating products available to trade, including the recently introduced ACE DJIA, Treasury Bond/Notes, and Metal "Mini" Futures contracts. In addition to products available to trade, you may also search for index symbols that may be added to the Trader Workstation for market tracking purposes. Visit our "Products and Exchanges" page under "Trading Information" on our home page to search for products available through IB Direct. As always, you may continue to look-up symbol and contract information by visiting our "Symbol/Contract Search" page under "Trading Information" on our home page. ------------------------------------------------------------------------------
I voted for the single stock futures, all-in-one stock and futures account, and I wrote in the option for Direct+ NYSE execution. If these three things got enacted, IB would be one top-noche firm.
I was with you on the first two Htrader. I wrote in "more shortable stocks" for my third. You'd think with the volume that IB does, that we could get a better list with more permanent names (that don't get removed during good shorting periods.) Many on the list aren't shortable anyway.
Hi, I have a quick question. I always trade NASDAQ stocks and want to see three lines such as BEST, BEST ECN, ISLD for each stock I'm trading. Whenever I find an interesting stock from chart scan, I have to 1. Type the stock name 2. Select 'Stock' option 3. Select BESt, BEST ECN, ISLD lines. Is there a way like hotkey to automate this procedure? I really want to save these repeating time and effort. Thanks. WJ
I just tried the new build, 731d (applet version), and the new layout manager is really excellent. Columns can be completely removed, and all the foreground and background colors for the main window can be customized. I can't comment on anything else though, since I'm never using new versions of anything for trading until others have found the bugs.
I agree the new layout feature is awesome. Finally, I will be able to remove all those columns I don't care about like Bid Size, Ask Size, Exch, Description, Time In Force, Last Size. The "Brighten odd rows" feature is kind of annoying, esp. as it affects the order rows. I turned this off. Also, being able to choose all your own colors is great. www.interactivebrokers.com Trading System -> TWS Software -> Beta TWS Now I just need better order entry for stocks, some shortcuts to closing positions (possibly using the new Position column), and more advanced hotkeys / mousekeys.. Fleance
This description is taken from the release notes for the new version: A relative BUY (SELL) order is submitted at the current Best Offer (Best Bid) plus (minus) the offset price. If the market moves before the trade executes, the price is recalculated as described and the order is resubmitted at the new price. A relative order can also have a limit price to ensure your order does not exceed that limit. Because RELATIVE orders can use two values (the offset amount and the limit price) you must use the Order Ticket window to submit this order type. Note that RELATIVE orders can only be routed through BEST EXECUTION or BEST ECN. Sounds good in theory, let's hope it works that way in practice. @def One thing I noticed using the new version: I used to open the order panel by pressing my Buy or Sell hot key on the order line. That doesn't work any longer, and using the mouse to click the "O" button is slow and cumbersome.