IB: Is there a way to prevent all orders to route to NYSE

this doesn't work for me FWB & SWB. I called IB and they said that this is for european exchanges

 

Do you know what FWB and SWB means?

Edit: I guess i finally found it. My assumption was that FWB meant
"F*** you, We got you by the B****", aka SMART

 

It's people like the original poster who allow for enveloping add liquidity algos profitable.

 

lol
actually that seems more realistic FWB translating into that vs FWB translating in european

 

I just don't know why IB is so against routing your order so that you can park on the ECNs? They can still do their market making by taking your order off the ECN and matching it, vs taking it off NYSE

 

Gotta love the dumbfucks who trade and don't know the rules of the exchange...

 

I agree. For me, it's at the point where I've begun looking at alternatives. I really want to be able to route to e.g. ARCA and cancel/replace without getting hit by huge fees. I probably cancel/replace 5-10 times per fill, so IB is simply not cost effective anymore. That's very disappointing, as IB in most ways is excellent.