Its not the iceberg or reserve orders, the hidden ones are only native to one exchange/ECN and don't appear on the L2. They cant be seen by others (only to HFT scumbags who pay for ilegal privileges). They are really useful http://www.beathft.com/?p=88 I was thinking of moving from Das to MT but without hidden orders whatever savings I get is offset by worse order execution
ok I see. MT does not currently support it but would be easy enough to do. Do you know if it is restricted to any particular routing?
reason I ask is that the docs say "This option only applies to orders routed to the ISLAND exchange. " Might be that the API doc is out of date.
We plan to add DOM at some point, but don't have any specific timeframe. The development plate is quite full
Hidden Orders option has been added in Medved Trader for IB Jerry Medved http://www.medvedtrader.com/
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