IB - Ignore Opening Auction and Pre-Open re-route

Discussion in 'Order Execution' started by bhh, Aug 9, 2009.

  1. bhh

    bhh

    I am trying to clarify the use of the following IB options.

    Ignore Opening Auction
    Allow Pre-Open re-route

    Both of these are poorly documented and although they seem pretty self evident, I am trying to better understand the context in which these would be useful.

    Can anyone elaborate on these two options beyond the IB documentation? Particularly useful would be an example of when the use of these option would be beneficial.
     
  2. kakao

    kakao

    This is a old post but i have the same question. What does "ignore opening auction" mean please?