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Date/Time: Sun, 19 May 2024 05:06:21 +0000



Post From: Interactive Broker Trade Query

[2016-12-21 03:33:59]
hursthead - Posts: 28
Thanks for the reply. I did a check on keyboard shortcut and apart from 2 orders which are buy/sell orders there is no flatten shortcut. Noted on the lag, perhaps I did try to flatten before it went against me but the stop had already triggered like User94740 mentioned, that might explain why a new position could be established 4 seconds later. In such an instance, I recall my position showing flat before reverting to sim mode.

I'm not trying to blame anyone for this problem, the risk always lies with the trader but I would like to avoid it from happening again. Could you advise in such a situation when a cancel order failed and a new position established from the flatten function, would it be possible that there is a lag in getting the position update from IB? If so, is there a way to manage this situation or perhaps mitigate it? Would such a problem occur if I used a different broker/data provider? I am considering Amp Futures/CQG as a backup alternative if this can avoid similar things from happening with IB.