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IB Stop Orders
- Thread starter Harry
- Start date
Quote from Harry:
Does anyone have problems with stop orders with IB TWS today? Every time I adjust a transmitted stop and transmit it again it gets executed immediately - even though the market is nowhere near my stop.
Thanks,
Harry
I just did what you describe twice with no problem. It's 2:00 eastern.
Harry,
I've had the same problem since upgrading to the newest version. I go to enter a limit order at a specified price and then the trade executes immediately not at the price i entered. It's weird. Sometimes I'll have a limit price loaded up, and when I right-click just before transmitting, I'll notice that my limit price has defaulted back to some other price. Another thing I noticed is that the very first trading page tab will not save with the title that I want. It keeps defaulting back to "untitled" after i reboot. I haven't called IB yet on these bugs, if that's what they are.
I've had the same problem since upgrading to the newest version. I go to enter a limit order at a specified price and then the trade executes immediately not at the price i entered. It's weird. Sometimes I'll have a limit price loaded up, and when I right-click just before transmitting, I'll notice that my limit price has defaulted back to some other price. Another thing I noticed is that the very first trading page tab will not save with the title that I want. It keeps defaulting back to "untitled" after i reboot. I haven't called IB yet on these bugs, if that's what they are.
Yes, it seems to be a real issue. Happened to me twice today.
From IB:
Dear Trader,
IB will reinstate your position and bust ( cancel ) the __ trade sell at __.
IB is aware of the situation and is working to resolve this issue as soon as possible. I apologise for any inconvenience that this may have caused you.
It happened once when I was adjusting the price on an auto-stop attached to an entry stop-limit order that had been transmitted but not yet triggered.
The other occurrence was when I went to change the price on an existing stop-loss, and when I transmitted the change it executed immediately at market, nowhere near the stop price.
From IB:
Dear Trader,
IB will reinstate your position and bust ( cancel ) the __ trade sell at __.
IB is aware of the situation and is working to resolve this issue as soon as possible. I apologise for any inconvenience that this may have caused you.
It happened once when I was adjusting the price on an auto-stop attached to an entry stop-limit order that had been transmitted but not yet triggered.
The other occurrence was when I went to change the price on an existing stop-loss, and when I transmitted the change it executed immediately at market, nowhere near the stop price.
Quote from Jayford:
Happened to me three times today.
I think I figured it out. Only stops that are created through auto stop, or attach stop seem to be affected. Creating stops as a separate order seem to work fine when you modify the price.
Jay
This was the problem. IB is fully aware of it. Why they don't inform clients of this is beyond me.
After admitting that they know all about the problem, I asked IB why they didn't tell clients about it. Their reply? I agreed to a non liability clause, so they are not liable!
I never implied that they were. I just asked why they didn't inform us of this very significant problem.
First time I've been seriously disappointed in IB.
Jay
Feel free to chime in here if you wish Def. I can even send you the reply I received. It was rediculous.
I never implied that they were. I just asked why they didn't inform us of this very significant problem.
First time I've been seriously disappointed in IB.
Jay
Feel free to chime in here if you wish Def. I can even send you the reply I received. It was rediculous.