Change IBIE Trades as Agent or Principal (2A (vi))

[Helldriver 1]

message from 22.05.2023: This is in effect immediatly:

IBIE Trades as Agent or Principal: For Transactions executed on an
exchange, IBIE acts as agent in its name for your account. For Transactions
executed on IBIE SI, IBIE acts as principal, therefore in its own name and for
its own account. Unless otherwise indicated (including, without limitation, to the
extent otherwise stated in the Order Execution Policy), IBIE generally acts as
principal or riskless principal in Over the Counter (“OTC”) Transactions. Your
OTC Transactions are executed against IBIE, which may have a long or short
position and may profit or lose in connection with the Transaction, or may hedge
or effect it against or through an affiliate or third party who may profit or lose.
When IBIE accepts an order or executes a Transaction for you where we
access external execution venues (including third party Systematic
Internalisers) as agent or riskless principal, IBIE does so as an executing broker
and not as a Systematic Internaliser.

 

I experienced a lag today as i bought mnq. I wanted to cut the market order as it was not filled after some seconds and saw the chart moving. Then it filled, almost at the highest price after minibreakout. 

I had that events now several times over the last weeks. Seems not to be lags, because always against my position.

 

OK some tossing around happens fromn the market makers too, but i know the game. I want to avoid getting ripped in daytrading with a broker house that processes my orders ,,internally" against the house.

 

What to do?

Sincerly Helldriver

Edited June 29, 2023 by Helldriver