IB odd lots disabled

there’s currently a discussion on elitetrader that odd lots could not be traded today through Interactive Brokers and might not be traded at all during the first quarter of 2007. I haven’t been able to verify if this is true, but I seem to have been affected by this as one C2 signal (odd lot market order) was not executed today.



If this is true it can have severe implications for smaller accounts trading stocks, as for certain high priced stocks, the amount of capital needed for a 100 lot order can be substantial (think GOOG).



I guess auto traders need to set a minimum lot size of 100 in the auto trading permissions if they want to get filled through IB.



it now seems IB has decided not to further implement the policy that prevents trading odd lots.