conditional order - trailing bid price

Discussion in 'Order Execution' started by luisHK, Jan 30, 2012.

  1. luisHK

    luisHK

    Hi

    Is it possible with IB to place an order to buy RF at 8pips below the Spot EURCHF bid price - so that the futures bid price trails the spot bid price ?

    If not, what would be the closest possibility ? I've been monitoring this pair today and tardes vary from 5.5 to 9pips, so it's very time consuming -and boring- to look for the right spread.

    Thanks in advance !
     
  2. luisHK

    luisHK

    More generally, can one set their order so their bid price trails the bid price of another security ?