Возвращаясь к IB. Сейчас спросил трейдров на othernet - говорят, все честно, могут вводить свои ордера на опр. ECN и видят их в ECNs books или на l2 сразу. Так что не знаю, может ли это может быть кухня...

Удачи. Александр.

Вот транскрипт:

<DanDuchardt> if you look at the Nasdaq site, you sill see some small activity from their market making, and it is conceivable that orders not directed to an ECN are filled by them
<DanDuchardt> on Nasdaq stocks
<DanDuchardt> I have a theory.. pure speculation
<DanDuchardt> the account agreement states that they can make use of the order information from their customers
<DanDuchardt> Pay for order flow MMs pay for order flow to get that information, and use it to trade their own accounts
<DanDuchardt> Instead of paying for it, IB is letting you pay them to get that info
<DanDuchardt> and providing an execution platform for you to enter the orders
<DanDuchardt> I am guessing that all IB's order flow is being fed to their computers somewhere to give them a pulse on market activity
<DanDuchardt> these guys were trading long before they started retail accounts
<DanDuchardt> as long as they are not trading ahead of you, there is nothing wrong with that
<Bell> I am afraid that my orders will not be filled on the 'real' market but instead inside IB. Is that practice possible and legal in the USA?
<Fohat> Actually, for adding liquidity Island ECN pays IB money, in addition to the commissions
<DanDuchardt> that does not happen... IB is a legitimate direct access platform
<DanDuchardt> we all see our orders filled on the ECNS we direct orders to..
<DanDuchardt> orders posted seen on level2
<DanDuchardt> correlation between executions and the third party quote changes
<Bell> do you see your orders on the l2 even before they got filled?
<Fohat> bell, you can direct your IB order directly to an ECN and see it appear on Level2 or the ECn order limit book
<DanDuchardt> yes.. immediately when things are working right.. no data delays
<DanDuchardt> there have been some ECN link problems lately.. this orning was bad
<DanDuchardt> morning
<DanDuchardt> but there is no evidence of anything shady going on here