Anyone else notice there a quite a few routings that don't work (instant red) on ARCA on the IB platform. I'd think they would run a batch scan on all the routings to make sure the symbology was right. Seeing this mostly on preferred stocks, which are a bitch to get right as every exchange uses a different symbol.
There have been a few times where ARCA routing has not worked for me, but it seems to clear up in a few seconds/minutes. I trade equities. Sorry cannot be of more help. I have noticed the sizes on quotes being incorrect lately, especially in low liquidity situations.
Yesterday, during AHM spike, SMART mkt routing failed. SMART still works on other stocks but not AHM during that big spike.