IB Market at Close (MOC) orders

Discussion in 'Order Execution' started by trading1, Aug 30, 2007.

  1. I'd like to trade and get the End of Day, Market at Close price. I notice IB offers this choice with the MOC order. Does any one have experience with these, do they work totally reliably?

    I ask because sometimes, with the best efforts with simulated orders from IB the orders are totally reliable (eg combination orders) or get a reduced priority and after the close of market, it's a bit late to try and get in if the order is not filled for some reason.
     
  2. jsmith

    jsmith

  3. lindq

    lindq

    My experience with MOC orders and IB has not been good. In a few instances, I've been filled at terrible prices a minute or two after the close when the spread widens considerably.
     
  4. I appreciate the help
     
  5. fbell50

    fbell50

    I do MOC and LOC orders regularly for NYSE and NASDAQ stocks through IB. I've always received the closing cross price.
     
  6. I submit moc orders for nyse listed stocks daily at IB. I always get the official nyse closing price.
     
  7. gimp570

    gimp570

    When does a MOC orders have to be submited??

    still 20 minutes before 4pm?
     
  8. the only reason I know of to do MOC orders is when there is an imbalance.......nobody has mentioned that yet
     
  9. i love using the MOC
     
  10. gimp570

    gimp570

    When does a MOC orders have to be submited??

    still 20 minutes before 4pm?


    is this for both NYSE and Nasdaq??


    still looking for an answer
     
    #10     Jul 25, 2009