IB vs Thinkorwim - Options Trade Executions

re: May 6th outages at both TOS and IB.

This indicates each likely to be using a third party service for the data stream....i.e. Comstock for instance.
So technically, the problem is "outside" of their control.
 
I don't know what went down,but I use IB beta web trader, l was able to buy DRYS at 4.99. I use margin and this auto liquidatoon scares me, I like TOS too but margin is so much higher than at IB.
 
Quote from syswizard:

re: May 6th outages at both TOS and IB.

This indicates each likely to be using a third party service for the data stream....i.e. Comstock for instance.
So technically, the problem is "outside" of their control.
More...


I don't know what you mean by outages. With IB it was impossible to login into their web client and all outstanding market orders were not sent to exchange and were eventually cancelled by IB. TOS had no such problem.
 
Quote from deltahedge:

I'm well aware that clients of other brokers faced such issues, but I'm curious how IB customers held up during this time? Did IB's platform maintain its speed and fluidity that it possesses on a "normal" trading day?
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I'll second akivak's statement about the IB workstation on May 6th. I was trading stock throughout day and I had no problem with quotes, order handling, transaction speed or execution confirmation. I would love days like that to become a regular event. :D
 
Quote from gkishot:

I don't know what you mean by outages. With IB it was impossible to login into their web client and all outstanding market orders were not sent to exchange and were eventually cancelled by IB. TOS had no such problem.
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Thanks for that...my bad then.
 
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