IB stop orders on Globex

Discussion in 'Order Execution' started by SideShowBob, Nov 17, 2005.

  1. Are IB stops on globex simulated stops, so they do not appear on the market depth? Just checking, they managed to run my ER2 stops within a tick before it reversed....probably just crappy luck but I want to make sure the stops aren't visible.

    SSB
     
  2. Stops will never appear on the market depth. Only limit orders.
     
  3. Cool thanks that was what I thought. Damn stop run cost me three points.....
     
  4. maa_csl

    maa_csl

    Don't worry. Even sometimes price reverses, it could save you from a bigger loss.