facebookAnyone using Interactive Brokers and having an issue with the stock price? It has a price difference between live market price vs broker itself. Anyone with similar experience? - Seedly

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Anonymous

25 Nov 2020

General Investing

Anyone using Interactive Brokers and having an issue with the stock price? It has a price difference between live market price vs broker itself. Anyone with similar experience?

Anyone with similar experience of Interactive Brokers and having an issue with the stock price? It is quite frustrating.

Discussion (1)

What are your thoughts?

Justin Mok

Justin Mok

25 Nov 2020

Level 8·Bachelor of Business Management at Singapore Management University

Hi there!

There is a 15 minute delay between live market price and IBKR. Most brokers are like that including TDAmeritrade, FSMOne, etc. However, you have the option to purchase live data if you wish so. They are available on their professional trading software (ToS, IBKR Workstation).

However, your portfolio is marked at live market prices. Meaning your PnL on IBKR reflects current prices and not the 15 minute delay price. That is your PnL only, but not the price.

That also implies that if IBKR price is showing e.g. $150, if you try to put a limit order, don't expect to get filled at that price if current live price is for example, $155.

I agree that it gets frustrating sometime. I recommend pulling live prices from TradingView side by side while you are trying to execute limit orders.

Hope that helps.​​​

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