Pegged-to-Best, an order type unique to IBKR, allows clients to direct liquidity-adding orders to the IBKR ATS that compete not only with the near side NBBO, but with other same side liquidity adding orders resting in the IBKR ATS. We have recently added a second offset to this order type to accommodate orders where the midpoint falls on the 1/2 cent.
Visit the order types page to out more about the IBKR ATS Pegged-to-Best order type
We have added the Reporting page to the Orders section of Global Configuration. Settings hosted in this page include:
Once the Manual Order Time default has been set, clients can access these choices from the Orders > Reporting page of Global Configuration to change default settings. This same "pop-up" process occurs the first time the client attempts to cancel a directed order that supports Manual Order Cancel Time.
The risk of loss in online trading of stocks, options, futures, currencies, foreign equities, and fixed income can be substantial. Options are not suitable for all investors. For more information read the "Characteristics and Risks of Standardized Options". For a copy click here.
Your capital is at risk and your losses may exceed the value of your original investment.
Interactive Brokers (U.K.) Limited is authorised and regulated by the Financial Conduct Authority. FCA Reference Number 208159.
Interactive Brokers LLC is regulated by the US SEC and CFTC and is a member of the SIPC (www.sipc.org) compensation scheme;
products are only covered by the UK FSCS in limited circumstances.
Before trading, customers must read the relevant risk disclosure statements on our Warnings and Disclaimers page.
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