fill outside rth vs allow pre-open....Difference?

Discussion in 'Interactive Brokers' started by El_Cubano, Apr 30, 2020.

  1. El_Cubano

    El_Cubano

    Something Ive never quite figured out but need to figure out as Im trying to configure some limit order hotkeys for trading pre-post market.

    What is the difference between fill outside rth vs allow pre-open? Doesn't "fill outside rth" also include the pre-market? The premarket is outside regular trading hours so why is there a seperate "allow pre-open" option?

    When creating a hotkey it doesn't allow you to designate the either of these options. So you need to configure your order presets and you can only check one box or the other for fill outside rth vs allow pre-open.

    Any clarification/help would be great. Thanks.
     
    kmiklas likes this.
  2. guru

    guru


    Pre-open excludes after-hours.
     
    kmiklas likes this.
  3. El_Cubano

    El_Cubano

    But does outside rth include pre-market?

    Its weird to me there's a distinction
     
    kmiklas likes this.
  4. kmiklas

    kmiklas

  5. guru

    guru


    Yes, outside rth includes both pre-market and after-hours.
    You could use pre-market when placing orders at night for the next day but want to try to get a fill pre-market.
     
  6. if you submit your trade as GTC...which of the 2 boxes below do you tick to have your order live ALL the time...regardless if after hours or pre-open?

    ibkr only allows you to check one box
     
  7. cesfx

    cesfx

    As it is it should do it, but just tick them both if possible.
     
    klattermusen likes this.
  8. it wont allow both