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Has anyone on the list used X_Trader yet? Trading Technologies and IB have
partnered to offer the X_Trader platform along with IB's market access and
network. This might be the solution to the problem with stops and stop
limits.
Sean
> The IB web site states, and their help desk confirmed, that all stop limit
> orders are simulated (ie stored on the IB system) even though
> other brokers
> store stop limit orders on Globex2. That feature may be a source of
> slippage.
>
> Probably connected with the above - IB does not confirm stop limit cancels
> with a tracking number that can later be used as evidence in case of a
> dispute. I use cancels a lot, and this introduces an amount of
> uncertainty
> in your trading.
>
> I have been interested in IB for some time, but have not yet given them a
> try.
>
> ndtrader
>
>
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