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    Price Capping

    Hello, We currently use IB and trade through their API using our own proprietary program. Unfortunately, as we have found out to our dismay, IB uses their own conservative formula to cap the limit price on equity orders. This has left us with many unfilled orders and lost dollars. We are...
  2. I

    IB - Futures price capping, denied ability to trade

    We have had this problem with IB as well and we are giving up in frustration. Our problem is that we are using their API for trading purposes. Does anyone know of other brokers who do not have this price capping behavior and also offer an API for equities trading?
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