stock777 Posted August 29, 2022 Report Share Posted August 29, 2022 I dont often trade options at Etrade, but noticed an issue today, where an order for 7 kept showing up on the level 2 as a 1 lot. I had the display order size at 0 , which I thought was to default. Not sure, but even when reentering the order multiple times with display size set to 7 and also with display size unchecked, kept getting shown on the book (I was the lone high bid) as 1 lot . As the only high bid , it was easy to see my order. Etrade is seeing the order as 7 , and the MY Account view shows 7 , so thats not the issue . I entered the order from the ETRADE website, and it showed immediately at the real size on the book . But not using MT . Had the routing set to Auto , and Day. I noticed also that All or none, does not display at all on the book , but thats probably normal. In fact, I place an order for 7 (7 WAS the order size as shown in the account view and on Etrade) and a big block (200+) traded immediately at the price when I bid high , and I only got one stinking contract. So its as if the order was on the book for only 1 . Is there something to this and has anyone seen this problem ? Heres the screen shot of only getting 1 of 7 filled. I'll test this a few more times to see if there's an actual issue here. Quote Link to comment Share on other sites More sharing options...
Jerry Medved Posted August 29, 2022 Report Share Posted August 29, 2022 We have no control over that. The broker may be breaking up the order. You would need to check with E*Trade Quote Link to comment Share on other sites More sharing options...
Jerry Medved Posted August 29, 2022 Report Share Posted August 29, 2022 in fact, if the display size is set in MT either as 0, or >= order quantity, we don't even send it. Quote Link to comment Share on other sites More sharing options...
stock777 Posted August 29, 2022 Author Report Share Posted August 29, 2022 (edited) I thought as much, but as I said, when placed on the Etrade site, I had no problem getting displayed. Something def not right . Any chance their API is doing something strange? I'll test more when I get a chance and see if I can duplicate the issue. Edited August 29, 2022 by stock777 Quote Link to comment Share on other sites More sharing options...
Jerry Medved Posted August 30, 2022 Report Share Posted August 30, 2022 their API is not exactly robust. I have no idea what they do with the order after receiving it. conceivably, they could be doing something different from API than from another source though have not seen that before Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.