TWS Release Notes

Close Multiple, Single Options Positions as one Complex, Multi-Leg Order

You can close multiple, independent options positions (on the same underlying) as a single, complex, multi-leg order. Use the Mosaic or Classic portfolio to select up to six independent options positions to use as legs of a new, complex, multi-leg order. Once legs are selected, use the right-click menu and choose the “CLOSE AS STRATEGY” trading button. The Strategy Builder opens with the option’s underlying loaded in the Option Chain and the selected position “legs” highlighted. The complex position opens in the Strategy Builder Order Entry, where you can modify as needed.

Note that you will only see the CLOSE AS STRATEGY button if:

  • Option legs are on the same underlying and use the same primary exchange or multiplier.
  • Futures options legs are on the same underlying contract and use the same primary exchange or multiplier.
  • You select independent positions as legs. If you want to include all or part of an existing complex position in your selection, expand the position and select each leg one by one.

This feature is designed to create an order that will completely close the selected positions, and calculates the order quantity accordingly, based on the leg ratio. For example, if you elect to close two positions where position A has a quantity of 3 and position B of 6, the ratio is simplified to 1:2 and the position quantity is set to 3. You can modify the quantity if you prefer to close only a portion of the selected positions.

Currently this feature is only offered for individual accounts. For multiple account structures, this feature can be used if a single account is selected.

Real-Time Market Data No Longer Used on Non-Tradeable Partitions

Client who have managed partitions in their account that they cannot trade or sub-accounts managed by an advisor will now see only the mark price for positions instead of real-time data so that their account's market data allotment is not used up on assets that they can't trade. You can turn this feature off and show real-time data for these non-tradeable accounts by going into Global Configuration > Display > Ticker Row and checking "Always show market data for accounts and account partitions traded by your advisor." Note that this message will not display if your account does not have any advisor-managed partitions or sub-accounts.

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".

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.

Cryptoassets are unregulated in the UK. Interactive Brokers (U.K) Limited ("IBUK") is registered with the Financial Conduct Authority as a cryptoassets firm under the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017.

Interactive Brokers LLC is regulated by the US SEC and CFTC and is a member of the SIPC ( 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.

For a list of IBG memberships worldwide, see our exchange listings.