That's a first... IB notified me that one of my trades is being busted.

Discussion in 'Interactive Brokers' started by Ryan81, Mar 12, 2020.

  1. Ryan81

    Ryan81

    By the exchange.

    The email is not specific about which trade it is, nor does TWS show any indication of a busted trade. I've made several trades today, both opening and closing. I literally have no idea what my open positions and exposure is right now. I'm currently on hold on the phone. This is very frustrating.
     
  2. Ryan81

    Ryan81

    Dear IBKR Client,

    The execution(s) listed below occurred in this account that are being declared erroneous. The transactions are in the process of being removed from the account as a result of this ruling.

    The executions are as follows;


    Any option trade at the GEMINI, ISE, NASDAQOM & PHLX exchanges that executed after the beginning of the trading halt (09:35:44 AM Eastern) today in the following symbols: AAPL, AMD, AMGN, AMZN, BBBY, BLK, CAKE, COP, EA, ENPH, EWI, FB, FXI, GCO, GDX, GILD, GLD, GSKY, HA, INDA, INO, IWM, JD, JNK, KHC, LB, MCD, MSFT, NDXP, NVDA, OVV2, OXY, PDD, QQQ, RGLD, SEDG, SH, SPY, SQQQ, T, TCOM, TQQQ, TRIP, TSLA, TTD. UBER, USO, UVXY, V, VIRT, VLO, VT, VXX, WFC, WIX, XDS, XLE, XOM & ZM


    * A ruling has been made on the above executions and they have been determined to be clearly erroneous.
     
  3. traider

    traider

    It's usually the most profitable trade
     
    bpr, kmiklas, TooEffingOld and 3 others like this.
  4. Ryan81

    Ryan81

    I have several executions that meet that criteria.
     
    athlonmank8 likes this.
  5. Ryan81

    Ryan81

    How long does it take for IB to notify you (on the platform) and update your quantities of positions?
     
  6. trdes

    trdes


    Remember any error that benefits you will be remedied ASAP. If it doesn't benefit you, it's just "market volatility".
     
    guru and Cuddles like this.
  7. Ryan81

    Ryan81

    20 minutes on hold, and counting.
     
  8. Ryan81

    Ryan81

    If I don't find out what my actual open positions are before market close, I am going to be extremely pissed off at IB.
     
  9. Sad, but not uncommon

    I dont see any trades on the chart for AAPL or AMD that would be a problem

    Did you get a crazy price on something ?????

    I see, option trade

    Well, any option that traded at a really bad price, yeah, they wont let it stand usually
     
  10. tommcginnis

    tommcginnis

    I suspect anyone with trades on those underlyings got the same (form of) communiqué.

    Probably won't see anything in your account unless you had one wild hare in there, which you haven't mentioned, so probably not.

    Wouldn't worry.
     
    #10     Mar 12, 2020