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I saw clearly pink and not red, i.e. it was not a confirmed out. The issue is that it took 4 minutes for IB? or for the exchange? to think about it--then the order was executed!

Good point, it was placed to as GTC plus extended hours--however, I cancelled it a few seconds before the close... It showed pink (not a confirmed out), but it seems the system?? NYSE?? took over 4 minutes to think about it!

It trades on NYSE, and was a limit order.

I cancelled the order a few seconds before the close, then the order executed over 4 minutes after the close, which is the time registered by IB, and the final price on the stock. Is this the way it's supposed to be? If not, is this IB's fault or the exchange's fault?

There are times there are belated responses of a day or so, and I wanted to know if belated responses are more common by highly shorted stocks, due to their interest to dampen enthusiasm.

Is it a likely explanation that the shorts are just doing whatever they can on that day to contain the price, and then the next day(s) the stock goes up--albeit not as much?

Da-net, I appreciate you for caring, and I mean it seriously. Thank God, I only lost about $500 (on QQQQ) when I saw the price begin to go wanky, and made more money on other plays. I already came to my conclusions earlier as well (also learned the hard way), that you only place a trade when...

It would seem trading should be a tug-a-war at about every stage; even after major news comes, it would seem market efficiency should bring the stock prices to a medium price level, plus or minus a bit to give people a chance to respond/ consider a response. However, the major swings that...

Yes, but I have my questions as well--as in my posting.

Also, regardless of the implications of the above, what category does IB fall into, noting Timberhill?

If your broker is the counterparty to your trades by stocks, are they able to identify YOU personally? In a normal situation, a MM does not know YOU personally, just the brokerage where the order comes from. But here, since they are involved in order executions as well, is it not fair to say...

I really wish IB would display the bids & offers of after-hours that are placed by other brokers as well. They go thru on IB, but IB doesn't display them (at least based on the standard quotes package).

BE CAREFUL!! A) Do not try to make your track record look good by risking your whole account; this market can do anything. B) Even if you average down, make reduce your position if/when there is a bounce.

I know the markets are a bit corrupt, but where did you come up with this one from?

1. One broker I use holds the check for over a week before registering the funds as "cash", and meanwhile only provide purchasing power. 2. Another broker I use, when wiring funds to another broker, already deducts the funds from the first account the moment it is "sent", even though they...

Yes, I mean when the price is the same. It matters if one is sitting your order in the exchange and want to get first in line--if it's worth it even on a less popular exchange.

Would my broker's smart route first try to fill my order where the couterparty is also one of their customers? E.g. IB customer with IB customer, or Penson with Penson, etc? I'm asking this because to know this information will sometimes impact how I would route my order. Thanks in advance.

Thank you much. I'm glad that there are such resourceful people on ET.

... I know what they call "Level 2" gives you a pretty good idea, however, it's not a full picture.