Can someone confirm that this is a 212 issue only? Between this and out of hours trading Iām about ready to pay IB fees.
@Yellowmoney We rely on IB as far as the order routing is concerned, and as my colleague David pointed out in one of the other threads, they offer mostly DMA execution.
In the upcoming months, we will try to offer better terms in order routing/execution. We are exploring our options as of now.
This is proberbly the biggest issue with 212. Please make the experience better. Like I said il be happy to pay a fee for it to get executed instantly
From what I read, people have only experienced this in 212. No one else complains about this apart from 212 users
Iāve experienced it with DeGiroā¦ but that was because I chose to put a limit on the tradeā¦ DeGiro then route to the Order Book (DMA) and then my order either uncrosses or doesnāt at next auction.
Thereās no explicit fee to go to MMās. The exist to make a price/spread (a few caveats existā¦like SETSqx where itās not an quote driven market etcā¦etcā¦etcā¦)ā¦ so they can elect on these types of markets to take the order or not. What youāll likely pay is an implicit fee buried in a wider spread.
the price youāll pay is what is available in the market at the time it triggers (if market order). not what you saw when you placed the order.
if by limit order then it may not trigger unless your specified price is met.
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Surprised as to how long one has to wait.