What's OP's problem, the order wasn't accepted or it was accepted but the trade was not executed ? TWS indicates immediately wether a MOC order is accepted or rejected afaik, but if it was accepted I don't understand why OP is expecting an execution before 4.30pm
agree with you. It is not an issue to seek with the broker but can be figured out by OP him/herself as function of when he/she entered the ordered and whether he received an eventual fill or not as well as an understanding how NYSE handles MOC orders.
Because the market closes at 4pm and MOC orders rarely execute after 4.15pm and I've never seen one execute after 4.30pm. OP needs to ask IB, that's what I always do. I've yet to had an equity order not execute unless it was cancelled for whatever reason before 4pm.
The MOC order was accepted. It did not fill and was eventually cancelled by IB (around 16:30). As I said, there was a short sale restriction on the stock. My best guess is that was the reason. If anyone knows that short sale restrictions do not apply to auctions, I will ask IB what the reason was. Thank you.
Oh sorry... 4pm of course... Posted twice on this thread already and didn't notice my mistake. I need to get proper sleep - it's not the first time this week I find myself utterly confused on basic stuff
would this be helpful? https://www.nyse.com/markets/nyse-arca/trading-info#auctions http://datasvr.tradearca.com/arcadataserver/Auction.php
What time did you submit the order? Before 345pm? And you are talking About exchange mandated short sale restriction or an IB one?
kiss. ask the broker if short sale restriction rules apply to moc orders. if he says no then present your specific information if he says yes confirm it by calling an exchange.
the correct step is to put some minimal effort to see if one can research the answer e.g. 5 minutes. then to the previous enunciated steps. it was assumed but...