Thanks. Really learned somthing from you! But I am afraid if I send a limit buy at 1238. I got filled at 1238, even at that time it is 1235.25/.50. Still at the mercy of the broker.
I've been placing Market orders in ES with IB's TWS for quite some time and I've always been filled instantly at the current price. And nothing posted here so far explains the OP's 4.5 minute delay. I would like to see a reply from IB.
bevore posting, you all know what is a market with protection?? That is a real market order >>> read about what means protection! market orders are always the first in execution, even bevore limit orders! If you had to wait 5 minutes, check all the other possibilities for that problem, but its not the market order or some virtual made market order by IB.....
and MandelBrotSet: you are wrong; looking at your many postings, what did you learn all those days?? (always spealing about Globex)
It's your fault it's never IB fault and there will be an army of lurkers here to turn your complaint against you.
it could be a problem by IB, but its not a native market order or something like taht. thats bullshit. could be also a problem on the exchange, on the line, on the internet, on the... BUT: market order is a real market order. Thats what i had to say.
Get ready for post after post saying they placed a market order with Interactive Brokers at that time and got executed in a nano second. But they won't post any records like you did.