Stop order execution - best broker?

[erlewine]

Anyone know which brokers provide a decent automatic execution on stop orders (500-1000 shares at "triggered" market) and/or route stops into an ECN which immediately takes stock or hits bids when the order becomes eligible?

Quite a few apparently (Eturd, etc...) still route to a market maker where the stop isn't eligible for auto-ex and is manually executed (usually with bad slippage).

I'd prefer the "spray the market" approach, but if someone routes to a market maker that gives good automatics in thin markets that's fine too.

 

[GGSAE]

I can only comment on Cyber's and i can honestly say it's not the most reliable in shooting orders when the alerts are triggered.

 

[maxpi]

I had three trades with IB today that hit the stops but never triggered. It could have to do with the "Smart" routing or something. I probably will wind up using market data to trigger limit orders out of software and just have the stops reside on my system only. One less thing to think about.

 

[Bob111]

Quote from maxpi:

I had three trades with IB today that hit the stops but never triggered. It could have to do with the "Smart" routing or something. I probably will wind up using market data to trigger limit orders out of software and just have the stops reside on my system only. One less thing to think about.

my stops at IB never triggered too or became active when it late,very late. i always put sound alarm on top of it and 95% of the time have to cancel stop and exit manually using regular limit order. MB trading stops was pretty good.