Quote from jimrockford:
I was plagued by problems with magenta orders, requiring me to restart TWS repeatedly and to go through painful troubleshooting, and then, during the last hour of trading, QQQQ quotes for SMART, INET, and Direct Trade were totally screwed.
I'll say it again: IB, please stop putting your resources into the never-ending parade of new bells and whistles, many of which never work well enough to be used in actual practice, and instead concentrate your precious resources on your ABCs:
A) getting the data to stream,
B) getting the orders to execute, and
C) getting the execution reports to transmit!
IB did achieve very high reliability, for a time, but it seems to have fallen off the wagon and again gotten way too pre-occupied with bells and whistles.
One of the first recommendations to be officially adopted, in IB's new features poll, was a suggested policy change that IB should put high priority on getting old features to work, and low priority on adding new features. IB officially adopted this suggested policy change, but does not seem to follow it's own policy.
IB customers, please contact IB and politely, calmly, constructively urge them to stop with the new bells and whistles, until they can get the old staples reliable!