ib INTC options problem routing to AMEX

E

entern

Hi,
anyone having problem of sending direct BUY orders to AMEX while trading INTC options ? The order stays status blue and never comes through.. and never appears on AMEX...
However direct SELL orders work fine...
This problem concerns all INTC options, both put and call ones...
This problem is on for three weeks now in my case...
Anyone has similar experience?
 
Try routing via SMART. The AMEX is notorious (at least was last time I spoke with someone) for turning off their auto-X system. For a specific issue like you mention, send a mail to the help desk with details of a specific time and order which they review.
 
Can you or anyone please try setting AMEX buy order on any INTC calls/puts and let me know if it works for you ? (I did try writing to ib helpdesk and I've been getting various answers from them , like f.e. You cannot set buy and sell order at once etc.)
 
You cannot have a simultaneous buy and sell order in the same option underlying at AMEX. So if you already have a sell order working at AMEX, the buy order will not get submitted.

Hope this helps.
 
yes, not my case..
btw that's exactly what ibhelp answered me....
Maybe I am putting my question wrong..
I never tried to put AMEX BUY order when ANY Sell order from the same option was on..

however I still cannot send Buy orders , but can send Sell orders to AMEX. I never had intension to post sell, when buy is on, or post buy when sell is on
I suspect none of ib clients can sent buy DIRECT orders to AMEX now. I asked a few on irc and they had problem with it too..
Also if u check activity on AMEX bid and are a bit experienced ,u can see this
 
Quote from entern:

yes, not my case..
however I still cannot send Buy orders , but can send Sell orders to AMEX. I never had intension to post sell, when buy is on, or post buy when sell is on
I suspect none of ib clients can sent buy DIRECT orders to AMEX now. I asked a few on irc and they had problem with it too..
Also if u check activity on AMEX bid and are a bit experienced ,u can see this
More...

I have almost 20 years experience trading options. I just routed another direct limit buy order to AMEX on the 27.5 sept calls (market was 1.15 - 1.3) and NBBO is 1.20 at 1.25). My bid went green immediately. Perhaps you are trying to lift an offer outside the NBBO?
 
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