IB basket orders

Discussion in 'Retail Brokers' started by Option Trader, Dec 4, 2006.

  1. Can anyone spell out in simple instructions how to place a basket order from Excel?

    What we did so far was placed the underlying symbol in the left column, the desired exchange, then the description (e.g. QQQQ JAN08 49.0 CALL OPTION). We saved it as a CSV file. We went to the page on TWS for basket orders and requested to load the CSV file we had saved. The system rejected the order that it did not recognize the order (which it described as a whole line of gibberish).

    What are we doing wrong?
  2. Bob111


  3. I rate your respose as an 11 on a scale of 1-10.
    Thanks. :)
  4. Bob111 (or anyone),

    Do you happen to know if one can place trigger orders with baskets?