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Old 05-23-2007, 12:40 PM
The Bear The Bear is offline
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Re: trading YM & stops

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IB provide native stops in all the markets I trade Eurex Globex CBOT CME. If memory serves me correctly when I checked out asia they do for Hong Kong, Singapore and Japan. As far as far as I can tell if an exchange supports an order they provide it natively.

I'm not sure what you are basing your information on but I think you are mistaken. I guess you could be talking about spot forex but as that is not really a 'real' market there is nowhere to hold stops natively (unless you count taking a bet with your broker a 'real' market).

I dont use IB's platform directly I use an "order helper". However you can see exactly where your order is graphically on there traders workstation (TWS). Once it goes green in the appropriate column you can be sure it is sitting on the exchange.

IB Has its faults but breadth of markets you can trade and orders you can use in those markets are not one of them.

Cheers,
Nick.
I don't think I've ever seen a STOP MARKET order go green. If it isn't green, I'm pretty sure it's not native. The only orders i've seen go green are LIMIT orders, and these are held natively on the exchange.

Have you seen your STOP MARKET orders go green?

Note that I only trade on NYMEX, NYSE, ECBOT. I've checked and of the ones I list here, STOP MARKET for ECBOT might be exchange native for IB, but I need to confirm. The orders don't go green, but when they are BLUE, for ECBOT, it may mean it is native.


Last edited by The Bear; 05-23-2007 at 12:55 PM.
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