Why does Interactive Brokers have such an enormously hard time filling market orders

Discussion in 'Options' started by frontyard, Feb 12, 2019.

  1. frontyard

    frontyard

    Is the number of posts on this forum a function of expertise? Good to know how some people think. Or are you just an asshole?
     
    #11     Feb 12, 2019
  2. ktm

    ktm

    Looks like the answer is "yes" in this case.
     
    #12     Feb 12, 2019
  3. zdreg

    zdreg

    with their trades people, who are easily frustrated, pay for the mistresses and cocaine habits of floor traders. ok, it also pays for the college education of their kids
     
    #13     Feb 12, 2019
  4. If you put in an order at $275 and the market is at $274.75, they likely won't fill yours until there are no more at the current bid/ask. and the next up, and the next up, and the next up. etc. This is a warning they tell you about when you do that. https://www.interactivebrokers.com/en/index.php?f=14186
     
    #14     Feb 12, 2019
  5. maxinger

    maxinger

    It happened to me few hrs ago while trading other exchanges;
    market order was not executed even after one minute.

    Normally if you see such problem, you will see it again few hrs/days later.


    Very important to have another broker.
    So if one broker is having problem, quickily switch to another broker.
     
    #15     Feb 12, 2019
  6. JSOP

    JSOP

    That's just with the max. price and min. price acceptable for buy and sell transactions respectively. It shouldn't have any bearing on how fast a market order is filled. A market order is a market order, it's supposed to be matched with the NBBO especially when the order price is even better than the NBBO by a quarter of a point. It should have been filled instantly.
     
    #16     Feb 12, 2019
  7. @JSOP was referring to this. Price was 274.75 and he put in a buy at 275.
     
    #17     Feb 12, 2019
  8. d08

    d08

    That's just you. On liquid stuff like SPY I get a fill in something like 0.1 seconds.
     
    #18     Feb 13, 2019
    ajensen and zdreg like this.
  9. maxinger

    maxinger

    sigh ... happened again few minutes ago even though all market data connections were all green.
     
    #19     Feb 13, 2019
  10. JSOP

    JSOP

    Now is AH, the volume is low, Trump is not tweeting, there is not lot of trading going on
     
    #20     Feb 13, 2019