Problems with IB TWS

Quote from chud:

25 minutes down now and not a word on the website. Keep your customers informed IB. Pathetic.
More...

yeah, status page down is a pretty poor statement on how on top of this they are
 
Quote from Bob111:

just got of the phone with trading desk- ask them to cancel open orders-they said-can't do that.system is down on IB side too..trading desk have no idea,when the problem maybe solved...pretty pretty bad..
More...

I told them it was a bad idea to hire Edward Scissorhands to be in charge of wiring in their server room. But no, they didn't listen to me.....

Seriously though, this means we should assume native orders will execute, but simulated orders (such as stop losses on GLOBEX) will not execute.
 
Quote from Bob111:

just got of the phone [..] system is down on IB side too [..] pretty pretty bad..
More...

I suppose all simulated orders, including non-native stops, do not work in such cases? It may an expensive lesson to some, but a necessary one for long-term survival, if it encourages fail-safe risk control practices, such as ridiculously short-lived GTD opening orders, static hedging, and possibly even market neutrality by construction ... all good ideas by themselves...

0s
 
You must log in or register to reply here.
Back
Top