So i’m glad T212 made the effort of sorting out the login issues regarding high demand at US market open times, but its still taking about 3 minutes for some tickers to update.
It even shows the wrong price when attempting to buy.
Any word from T212 on this.
Thanks
Thats more a case of waiting for Bloomberg to deliver a new indicative ASK/BID quote for the instrument. T212 are pulling this data in, I don’t think they touch the incoming data in any way.
I would love for them to finally ditch it and use another provider.
It took 6 minutes for 3STE to update at market open today. This is really bad guys.
Any comments?
The chart serves as an indication of the liquidity structure of the market. The opening bell, is typically accompanied by a lot of volatility. Hence until a certain equilibrium is achieved between buyers and sellers - orders and as a result, quotes can be briefly delayed.
I appreciate your reply, but it seems some one is obviously benefiting and can buy at the bell. 6 minutes is a long time, and when you can finally trade you’ve lost all opportunity. Perhaps T212 is the wrong platform for this kind of trading as you are more invest orientated.
Opening bell is probably always going to be an issue for T212 due to the volatility since we have to bounce through interactive brokers first.
This may be a good reason to have another account with a service guaranteed to execute at open. The only thing that I can see resolving this 100% is to have a direct connection with the exchange.
If i had my tinfoil hat on i be tempted to say that IBKR does it deliberately. Its an odd relationship, the more T212 grows the more of a competition they become to the very people providing their underlying service. I think T212 sacrificed their independence for quick growth early on, and now they are paying for it in lots of little ways.
I suppose it’s a mutual deal though - as T212 undoubtedly helps IBKR with its EU and UK liquidity too
We need multiple connections with dealers to get the best deal!