Interactive Brokers not sending limit order to the exchange?

Discussion in 'Retail Brokers' started by hotsalami, Jul 26, 2015.

  1. GeorgeW

    GeorgeW

    Thank you i960.

    I cannot see STP PRT under any of the "Attached Stop Order > Order Type" settings - looking in Presets, Hotkeys and Buttons. It is listed under the "Primary Order > Order Type" drop down list, but it is greyed out and not available for selection. Is there some way for me to enable it for selection as a Stop Order?
     
    #31     Sep 6, 2016
  2. i960

    i960

    Yep, and this is why I don't use that order - because you have to change it when the orders are sitting as pending in the TWS windows before you submit it. For whatever reason they don't allow it as a default choice for a bracket etc (most likely because not all exchanges support it).

    Instead I use a stop-limit with a 10 tick give-up range which functions as a stop but held on the exchange. It's still prone to hard gaps however (but so is a market stop).
     
    #32     Sep 6, 2016
  3. GeorgeW

    GeorgeW

    Thanks for that i960. I'll have to set up a Stop-Limit with an offset then.
     
    #33     Sep 7, 2016