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About 3 months ago IB implemented a change to SMART largely due to my efforts and they are currently in the process of implementing a second change in SMART solely due to my efforts. Both of these have required significant effort and are much more important to me than IB's occasional data feed...

I did tell them my quote vendor was supplying quotes which they did not address in their reply. I log every quote so I could supply a T&S log. I didn’t think it was worth the effort to pursue it. They could tell me that the exchange wasn’t providing quotes to them because of some...

I saw the resumption, never the initial notification. I don't think I ever got it. They were 4 minutes late activating a stop limit costing me a minimum of $5000. They told me it was a data problem from the exchange, but my quote vendor was supplying Nasdaq quotes all along. I saw when my...

I use ProTrack from TrackData.

I had a somewhat screwy experience Friday that has brought home to me the downside of slow quotes in the hybrid. At 9:30:19 I submitted an order to sell HRB at 21.26. At the same time a slow quote situation was signaled and a bid posted for 12700 at 21.29. At 9:39:38, 19 seconds later, the...

I agree. Your understanding matches mine. I've read the governing NYSE rule which I believe you brought to my attention in a contentious thread some months ago and it certainly seems to state the same. For the time being I've decided to submit a small order using SMART and the balance of...

For the past 4 weeks about half of my limit orders submitted using SMART + RTH + pre-open re-route have executed after the open and half on the open. I realize I could direct route it but then I'd have to enter the orders manually to keep the unbundled commission rate. Smart routes the orders...

IB short behavior continues to be all over the map. Last night I had two orders rejected as unable to borrow. Supposedly this should no longer occur. This morning I had orders with the new split blue/green status bar that indicates unable to borrow. I also have an order with a solid green...

I first noticed it when I questioned a missing fill on a short I thought was working. Apparently the out-of-date TWS I was using thought the order was submitted. It showed a green status and my monitoring program showed the status as submitted. I went ballistic when the IB rep told me that...

This is only useful when market is open. When the market is closed all shorts remain in presubmitted state. Using the api, I used to recognize the "insufficient shares" message and progressively enter smaller orders until I reached the number available. Now, as far as I can tell, the api...

IB Rep, The night before, using the api, I used to recognize the "insufficient shares" message and progressively enter smaller orders until I reached the number available. Now, as far as I can tell, the api does not provide any method of doing this. In fact the api cannot even tell when...

Thanks for the detailed description of one way my order might have been arbitraged (or I guess I should say cheated since that’s what you describe.). I don't think I was the victim of any specialist's shenanigans. I recently read an article on TradeBot systems. This is a trading firm...

I asked the IB rep and he said that the NYSE had routed the order to Island, not IB, and I know I got the credit because IB posts the commissions the following day and the amount was consistent with receiving the Island credit.

On 2/21/07, I submitted three orders using SMART, RTH, and pre-open re-route to buy NEW at prices ranging from 18.45 to 18.47. None of these orders participated in the opening cross at 9:31:26. The open was at 17.90. I contacted IB and they said the orders were sent and accepted by the NYSE...

On 2/9/07 I had an order working to buy some NEW at 16.21 on Island. At 12:35:03 2800 executed on the NYSE at prices under 16.21 and immediately following I bought 2800 at 16.21. Did some tradebot buy on the NYSE and sell to me, or is this just a coincidence? I have enclosed a T&S...

My cpa talked to an IRS agent who told him that they strip the trade detail from returns and throw it away. I used to send in 70-100 pages, 1 trade per line to backup 1 line per broker on schedule D consolidating the cost/proceeds. Last year I sent nothing but the consolidated cost/proceeds...

Not if you want to preserve unbundled pricing using the api, a minimum difference of .0055/share (.008 vs .0035), a difference which grows with volume. That's a big difference to me. I'm not as impressed with SMART and I do not believe it is safe to assume they have 2-3 software engineers...

IB should allow user to set Smart's default exchange - Vote Now. If you agree then please vote in the Interactive Brokers Features Poll on item 2000, currently on page 2 of the other category at http://www.interactivebrokers.com/en/general/poll/poll.php?ib_entity=llc#cat_oth. IB’s Smart...

I'm having similar problems. Some market orders execute, some do not. I've been using for months and it's always been a little flaky, but this is the first time I've had problems so severe as to render the paper trade account virtually useless.

I agree, IB should break their commissions down. I've written a Perl script to deconstruct the commission into its component parts. It isn't a perfect solution, but it works pretty well. Of course it doesn't handle Amex specialist fees which appear to be unpredictable. So far I've found...