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IB is not internally matching the trades, rather, if mine is sitting on CBOE using smart route, and someone sell to me at the bid on PSE, it seems their smart route is removing my bid from CBOE, and resubmitting on PSE. I have another very low price arrangement with another broker that when I...

Here are excerpts of the last message I sent to IB: ....IB must protect their customers interested in buying between the bid and the ask price (using IB's smart route) from having direct access traders sell to them at the bid using PSE and earning handsome exchange fees for themselves on the...

I now see the merit in this interpretation as well. It has happened already 2-3 to me since my original post that I left in an option order between the bid and the ask, the order is sitting on CBOE, someone sells to me at the bid, and it gets filled on PSE and I pay a load of exchange fees!

I have a DELL LATITUDE D830. I put Bluetack to elevate the peg-legs about a centimeter or two, and ever since then I have had no problem with overheating.

If you trade an order of 100 options, with Eoption it costs you $13; do you pay less than that with IB?

Here is what IB is saying meanwhile: "If a GTC order becomes marketable once submitted to an exchange after 7:20:EST it may be subject to liquidity removal fees." They are saying however..."Our system then... resubmit[s] them to the exchanges at 7:20:00 EST..." So it seems what may have...

If so, that would be an amazing way to reduce costs when selling at bid or buying at ask: i.e. make a direct routed order to sell at the bid using an exchange that NOBODY is bidding for, and that would force them to reroute (i.e. assuming there is a counterparty using smart route on the bid) and...

I sure hope this is what it is.

I think your orinal assessment in right but contacted them anyway to share my thoughts on the matter.

http://www.allbusiness.com/population-demographics/demographic-groups/14254755-1.html See the following quote: "There is still a strong whiff that the stock market is being supported by supernatural forces on Wall Street, which are willing to rescue the market whenever there's trouble. "

I am asking for what has happened historically in such situations, and I'm not sure what you are telling me...

I know we have seen the market recovering very often before the close over the last 1-2 years, but has anyone been monitoring if this has been happening also on days where there was very specific negative news (e.g. today)?

you have to explain why there is a forum called "retail firms" on Elite Trader. From my vantage point: some of us are looking for multi-faceted input/ options not necessarily available at customer service.

1) It was a limit order 2) Are you sure this can be a cause? I.e. if I would have done direct routing with my GTC order on PSE I would have been paid instead of being charged for having used smart route?

I left an order in to sell at the ask price for several weeks, and the order eventually went through; it went through on PSE, and I was charged about $.70 per option instead of $.25 per option, seemingly saying I was removing liquidity. But why? This was a GTC order, and if anything, I should be...

This was supposed to be an E-option thread...

A) Using their smart route it seems to me that's what happens. B) You are right if you are dealing with those types of options.

Isn't this because IB offers penny priced options and price improvement--which both impact the averages? Because I don't think Eoption would ever give you an inferior fill for the purpose of order flow payments?

For how long do options still trade under same symbols?

It all depends on the type of trading you are doing; for certain types of trading these guys can save you a bundle. I like them.