Price improvement on minis??

[Wonderduck]

Originally posted by vikana
for stocks (which I trade) I use market orders virtually all the time and generally see slip of 3 to 5 cents a share compared the time I let the order go. Sometimes I get price improvment, sometimes not. I'm 100% convinced that IB doesn't trade your order around.

Do you generally trade listed or OTC stocks?

 

[oneway]

"If you put in a limit order to buy above the current ask will you be filled at the ask if a contract is available? In other words does it work the same as an ecn?
"

Thats not my understanding. You need to post a stop limit order, which is client side. When your app registers the price the order is then sent.

A limit order is not a LOB order or limit or better order.

SW
oneway