Greetings Trying to put in a market order for 900 of MAKO this am and i'm not getting a fill. There seems to be decent volume of about 2.2M shares as of right now. Yes I realize extreme volatility and share filling issues..but I thought even a market would have filled quicker then that. Using TD Ameritrade Trade Architect. Any ideas would be great. Thanks
Market orders are not supported pre/post market in Equities, only limit orders Market orders are supported pre/post market in Futures [IB] Market orders are supported in Forex [as there is no pre/post market] Certain types of orders are not natively supported on all exchanges. One needs to perform the due diligence on the particular Instruments and Markets they trade and their Broker's Order handling. A base line "starting point" in conducting this research to determine how orders are handled on various exchanges at various times can be found on the following IB links. Requires some drilling down. Upper level link of Supported Order Types: http://www.interactivebrokers.com/s...end&ie=latin1&ib_entity=llc&output=xml_no_dtd IB's Supported Order Types: http://www.interactivebrokers.com/e...de/webtrader/orders/supported_order_types.htm IB Market Orders: http://www.interactivebrokers.com/en/trading/orders/market.php?ib_entity=llc IB's "Simulated Market Orders": http://www.interactivebrokers.com/en/trading/simulatedMarketOrders.php?ib_entity=llc IB's "Simulated Futures Stop Orders: http://www.interactivebrokers.com/en/trading/usFuturesStopOrder.php 3rd party options are available to "simulate" order types pre/post market which eliminates some of these restrictions... attached Button Traders "simulated order types"
Answer already posted .... Consider never using market orders in thinly traded stocks or markets (that would be pre especially, thus, the rule.)