can IB api smart order exclude some exchanges?

Discussion in 'Interactive Brokers' started by lovefxspot, Jul 19, 2020.

  1. guru

    guru


    They are not related to IBKR. IBKR will simply pass exchange rebates to you, when you get any. I don't care for them, but sometimes see them as negative commissions on my trades, which is nice.
     
    #11     Jul 21, 2020
  2. How to know which ones give rebate and how much?
     
    #12     Jul 23, 2020
  3. when you buy the ask you take liquidity when sell the bid you take liquidity.
    because the market is illiquid or something.
    this rebate thing is kind of stupid IMO>
    there used to have prop firms who specially on rebates from the exchange. mostly for HFT. business model does rebates matter.
     
    #13     Jul 23, 2020
  4. guru

    guru


    Just like with any business, you study, search, research, read exchange documentation, search these forums, search for info online, learn how to trade to get the rebates, and decide whether it’s worth it. I think most people want good price on their trades, not get into business of trading for rebates.
     
    #14     Jul 23, 2020