IB Order Execution Setups

Discussion in 'Order Execution' started by bob2007, Apr 18, 2020.

  1. bob2007

    bob2007

    I'm really struggling with entering orders.
    I'd like to default the exchange to NYSE or NASDAQ.

    What type of market feeds should I get?

    I don't have level 2.
    I dont 'have any nasdaq market depth views.

    Do I need these if I have another broker with these fields.
     
  2. What is causing the struggle? Can you give an example of an order that you have difficulties with in getting done?
    Level 2 subscriptions are only necessary if you want to see the full order book. If you are only interested in the best bid and ask prices then you don't need this.
     
  3. Curious why you would want to default to a specific exchange instead of letting their Algos work for you? In my experience, Smart does a great job
     
  4. I’m also curious why you’d want specific exchanges. Are you worried about fill?

    But if you insist: is this something you can set under the Order Presets configurations?
     
  5. bob2007

    bob2007

    How come I don't even see NASDAQ?


    SMART
    AMEX
    ARCA
    BATS
    BEX
    BYX
    CBOE
    CHX
    DRCTEDGE
    EDGEA
    EDGEX
    SMART
    IEX
    ISE
    ISLAND
    NYSE
    NYSENAT
    PHLX
    PSX
     
  6. bob2007

    bob2007


    I'll try to find the order presets, haven't been able to find.

    I'm worried about fill. My intuition says it's not great. Compared to my other broker.