I’m trying to trade ZC since a few days ago. Yesterday my strategy entered a long position and at the same instant the position is closed (please check screenshot).
When checking the log I noticed while the fill price was 343.5, the execution price was 3.435, one hundredth.
I have found this thread where it is explained that IB API has a bug (My broker is IB). When working with ZC (with ZS and ZW as well) they send the order execution price back in the wrong format, off by a factor of 100.
Maybe due to this the stoploss and profit target are not being processed properly and the position is closed unexpectedly.
As this is a known issue, before doing more testing I would like to know two things:
1. Is ZC (and ZS and ZW) practicable with IB despite this bug?
2. Is there any known workaround for trading these instruments?
Thank you.
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