NYSE imbalance offsetting MOC orders

Quote from tschm71448:

Got it, this is great insight, thank you.

So did you send the order into IB via a FIX gatway? If so, just to confirm this was with TIF of LOC and order type MOC? Or TIF Day and order type LOC?

I did try LOC on an imbalance stock yesterday but only once and maybe i was on the wrong side, plus this was in TWS.

I mostly trade through the Excel DDE api so maybe this gives more flexibility.

Any more detail on how you managed to get this to work would be much appreciated.
More...

I used LOC via TWS and both types via FIX (according to the specification) - you cannot mess up the latter one otherwise your messages got rejected by IB gateway.

BTW, you can see audit trial - TWS menu option View/View Audit Trial. It's gonna show you exactly every FIX msg in detail that TWS sends down to IB.
 
got it...tx. i'll try it this afternoon from TWS. don't have 3rd pty FIX software right now but if i can't make it work from TWS i'll look into that.
 
Tried this every which way from TWS, no luck!

The only thing i could do is submit MOC/LOC orders as GTC or DTC, but they were just in a holding pattern to be submitted the next trading day, not in the current session.

Also, i realized my imbalances are not working cleanly, always showing buy imbalance for every stock (blue colored field) day in and day out, never a sell imbalance. That can't be right.

Anyone else having this problem?

Looks like IB is pretty awefull when it comes to this MOC stuff.
 
Quote from tschm71448:


Also, i realized my imbalances are not working cleanly, always showing buy imbalance for every stock (blue colored field) day in and day out, never a sell imbalance. That can't be right.
More...

This started happening a few days ago. Instead of fixing the MOC problem, they seem to have created another. DEF has been very responsive and told me that the MOC issue will be resolved within a week.
 
nothing has changed on anvil....whatever the SEC wanted to implement, it has been delayed i hear.

when this new reg goes into effect, we can't buy near the close and throw it MOC for final nyse print?
 
Quote from forsalenyc:

nothing has changed on anvil....whatever the SEC wanted to implement, it has been delayed i hear.

when this new reg goes into effect, we can't buy near the close and throw it MOC for final nyse print?
More...

Whoa, what new regulation? do you have a link?
 
You must log in or register to reply here.
Back
Top