There was a internet level network failure with a major NYC gateway, that was probably what you just experienced. I wonder if people really want to bash IB only.
Hmm...that "internet level network failure with a major NYC gateway" didn't keep somebody from trading like there was no tomorrow for a few minutes.
70% of volume in futures mkts is done by exchange members. they certainly do not access via internet !
How did you learn of this so fast? Are you singed up for some kind of alert or did you go to one of those internet traffic report sites?
same thing here...cost me $150 in lost opp on the spot....maybe not tho if things come in again... yeah is there a net link that shows data about net traffic??
No, when I was logged of I did several traceroutes to NYC / Chicago sites, they all failed at the same point. (Destination net unreachable) However, the providers quickly had switched over to backup lines and packets are routed elsewhere than normal now.
Gateway my ass. I'm in Europe and connect via IB's Swiss server. Went down at exactly the same time: 13:25 EST.