I have experienced this issue many times. I send an order at open, it doesn't go through. The order just sit there (I don't get filled) or the order is stuck and I cannot do anything about and I get filled on it like 1 min later. Yesterday, I sent an order on FDX at 9:30:06 and I didn't get filled on it. Spoke to IB and they mentioned that my order was sent to the NYSE and the first trade on NYSE happened at 9:30:16 Anyone had this issue? Or what are some ways to mitigate it? Thanks!
This is very normal. That's why some traders trade in the trading House, and use high speed trading platform. Some even trade near the Exchange. All these cost money.
It was a marketable limit order(Bid-0.1, Ask +0.1) so kind of a market order which I suppose I should get filled on. Yes I do, but since I sent a market order I suppose I should get filled. I was told by IB to route to a different exchange such as Island or ARCA
IB has an opening order which allows for participation in the opening auction. I've never had an order like this not fill.
uh, how about providing some prices? did you, for instance, put on offer at $100.50, and the stock opened and traded at $100.00? put the relevant data in your post.
The offer was at 219.55$. It traded there during the time I put the order in. I put a limit order below the bid (Bid-0.1) so it was like a market order