Update Limit Prices Feature on IB's Baskets

Discussion in 'Order Execution' started by mss, Mar 7, 2006.

  1. mss


    The Update Limit Price feature on basket orders is working differently today than yesterday. In fact, I don't think it is working at all but my experience may be unique because I use it to update what are called limit prices on relative orders whereas most people probably use limit or market orders. I say "what are called" because I think the number you put in the limit price field is, in fact, the maximum limit price for a buy order or the minimum limit price for a sell order when you are using relative orders.