Recent content by C*F

Thanks for the replies. Yes, it was in the pre-market. I have only had electronic trades from regular trading hours busted in the past. So I guess I am stuck and I will move on to the next trade. I agree that it is impractical to bust a trade in an untimely matter, since traders will...

Thanks for the reply, bone. While I didn't get stopped out of a huge position, I am frustrated that Interactive Brokers and/or GLOBEX Control Center did nothing about this specific "price spike" that was significantly away from "fair" (pit value); even the next 2 contract months didn't spike as...

I need to double check, but I don't believe Interactive Brokers supports stop orders for CME pit trades (IB TWS only allows stop orders for GLOBEX). Since I don't monitor the markets at all times, I rely on stop orders to get me in and out of the markets. I may ultimately have to start...

I used a stop-limit instead of a straight stop, so my orders were executed a few minutes after the price spike (at approx 07:00 a.m. ET) in the 106.25 to 106.45 range.

Hi All, I'm looking for some advice regarding any recourse I may have for a trade executed from a price spike in GLOBEX Oct. Cattle on the morning of Sept. 2nd. I contacted my broker (Interactive Brokers) a few hours after execution inquiring about busting the trade. The rep. informed me...