Index combo options always routed to PSE for IBKR

Discussion in 'Order Execution' started by traider, Dec 4, 2023.

  1. traider

    traider

    Does anyone know why? It seems smart routing has no effect on option combos
     
  2. Robert Morse

    Robert Morse Sponsor

    What indexes trade on PSE, which I assume is ARCA? Do you mean Options on ETFs?

     
  3. Robert Morse

    Robert Morse Sponsor

    NYSE ARCA did the most volume Friday on Equity/ETF option volume.

    upload_2023-12-4_14-33-26.png
     
  4. traider

    traider

    SPY QQQ IWM
     
  5. Robert Morse

    Robert Morse Sponsor

    I assume if all your orders are going to that one exchange, either their system expects more fills or the DMM they use has the lowest cost of execution at NYSE ARCA.