I have noticed this a while back and I thought it was just a glitch but apparently it hasn’t been fixed at all so here we go.
The thing is limit order has been filling at snail pace. I am trading high volume US stocks and I am not placing fractional shares order either. What I have been seeing so far is that my order is filling very slowly by multiple partial fills and it is only partially filled with fractional shares/small amount of shares although the market price is well below my buy order limit.
Is trading212 only matching internal fractional shares buy/sell orders without forwarding the order to IB now? Why is it so slow?
My limit buy order of 115@$149.40 was submitted at 19:14, and the whole order was only filled at 19:20, after 15 partial fills with around 7-8 shares each.
Looking at the chart at tradingview there were definitely plenty of time between 19:14 and 19:20 the market price was well below $149.40 and the volume per minute was >1K throughout the whole period.
I got a similar issue a while back with a limit sell order as well.