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Kate,
1) There was an IB problem during one day last week where some users, and
IB, reported problems with some stop and stop limit orders. Has since been
resolved.
2) I don't remember a special request to short. Best bet is to either a)
send email to IBHelp asking if you can short in your account or b) put in a
limit order to short a stock far enough away that it won't get executed ...
see if accepted or rejected, then cancel if accepted.
3) Keep in mind with stop limit orders that the priority and execution may
vary from exchange to exchange so make sure you know what the parameters of
each order type is before you use it. Normally, a stop should get you out
... period ... so one would use a stop limit order only when there is an
advantage in execution.
Earl
----- Original Message -----
From: "ketayun" <ketayun@xxxxxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Monday, February 24, 2003 9:01 AM
Subject: Re: [RT] Interactive Brokers vs MBtrading
> Alex,
>
> Thanks for your reply. May I ask you a couple of questions please. On
> the IB user list someone mentioned 1) That stop limit orders did not
> become live when his stop loss was hit 2) One has to specifically ask to
> be allowed to short when creating an account.
>
> I have created/funded my account but did not see where that option was
> to be requested nor do I understand how else to create a stop limit
> order other than to put a price in for the stop (trigger) and limit for
> an upper/lower parameter for trade execution.
>
> If you have the time (customer service is less than helpfulf:) ) please
> advise.
>
> Thank you,
>
> Sincerely,
>
> Kate
>
>
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