order types on NYSE(LIFFE), CME, CBOT etc. with IB

S

stoxx4shortrun

Hello

anyone has info on how stops and mkt orders on futures exchanges are handled at IB ?

I know this is related to the exchange but I got several orders rejected on NYSELIFFE because of out of range limit, although it was just a few points in YG .
I wonder what happens with stop limits then on NYSELIFFE. And what about CBOT ?
 
IB is on of those brokers that keeps their stop book at the firm rather than with the exchange. When IB sees your price triggered it shoots the order in as a market order. As for your regular market orders they are sent in as Market Protected as would anyone elses. I learned the hard way:)
 
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