yo. I've noticed something rotten in Denmark. I have entered orders on the bid and ask side of a mkt. A very, very, thinly traded mkt. Next to no volume. I have watched the bid climb and the offer descend until an order that is marked to the bid or offer is forced to fill. When I cancel my orders, the bid and offer return to where they were. Is this diabolical, or what. In any event, now I have to figure out how to outsmart this thing. Apparently, someone is running a system that enters bogus orders on very thin markets in order to force fills on legitimate automated systems.
u can't use 3rd party appps. ib screwed me last year out of money saying I did manual trades.,,, bastards