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Re: Interactive Broker's Limit order



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Joe, the IB account works this way ...

LONG Example
buy (entry) at market, say, 900 and you get something like 900.25
sell (exit) at limit 910 and you'll get 910 or higher/better (if good trade
else you'll need to cancel this order)

SHORT Example
sell (entry) at market, say, 900 and you get something like 899.75
buy (exit) at limit 890 and you'll get 890 or lower/better (if good trade
else you'll need to cancel this order)

Regards
Paul Williams
(programmer www.futurenets.co.uk)

----- Original Message -----
From: "Schedlbauer, Joseph E." <JoeS@xxxxxxxxxxx>
To: "Omega email list (E-mail)" <omega-list@xxxxxxxxxx>
Sent: Tuesday, January 07, 2003 7:23 PM
Subject: Interactive Broker's Limit order


>
> I'm considering moving my account to Interactive Brokers, but I have a
> question I hope someone will be able to answer first.
>
> If I place a limit order with IB in the e-mini S&P, will it generally get
> filled if the market touches my price, or is it more often necessary for
the
> market to go beyond my price for a fill?
>
> Thanks in advance for the help.
>
> Joe
>