what happened to IBs SMART router???

Discussion in 'Retail Brokers' started by Sky123987, Jan 25, 2008.

  1. Here is something weird. So I was trading a bunch of new york stock right near the open. and all my orders for the stocks were routed to ARCA. ALL of em' to ARCA. Normally they all go to NYSE
  2. it's reg NMS...it routes to the best bid or offer. if you want a new york order to only route to the new york book then you have to send it as a do not ship order.
  3. but isn't quite weird how I was sending in several orders like 100 and all were routed to ARCA
  4. chud


    Are you sure the stocks had opened at NYSE yet?