1 point slippage on ES!!

[ZEAK]

Had a sell stop sitting at 1139.25 and at the open, I get filled to find a full point lower!! Never have I had slippage this bad. Is this normal, or should I question IB??

THanks

 

[LeeD]

Look at the trade data. It looks like at the open there was a gap down. If others had stops placed just above yours, these would have wiped out any remaining liquidity at favorable levels.

It doesn't hurt enquiring with IB anyway.

 

[Blotto]

See also...simulated stops held on IBs servers not at the exchange.

 

[flip]

On a day like yesterday that's easily possible, see here:

http://ftalphaville.ft.com/blog/2010/09/28/355081/market-on-edge-after-apple-drops-like-a-stone/

When you look at the following tick chart, you will notice that the market dropped from 1139.75 to 1138.75 without a single trade in between.

The red line is your stop, the horizontal blue line is the market opening (15.30 is due to european time).

 

[jwcapital]

Talk about stops. I use IB and I know they are simulated. Never placed near obvious resistence/support. Always seem to be the last trade before the market reverses. Bad luck or a fix?