want little spread tool for IB

Discussion in 'Trading Software' started by twinx, Jun 14, 2006.

  1. twinx

    twinx

    Hi,

    i am searching for a little simple software to connect to interactivebrokers.

    The software should me help to "Legging in" a spread and vice versa.

    "Legging in"
    I want to do for example:
    - choose two products/legs (maybe more)
    - send for the first product/leg a LMT order
    - if the leg with the LMT got a fill, the second product/leg should receive a MKT order

    Now i should have a spread.

    "Legging out"
    I want to:
    - click on one of my legs to place a LMT order for one leg
    - if the LMT was filled
    - the second leg should be filled by a MKT order

    Which software can do this? Do you know one?
    Or how much would it cost if someone would programm me this tool?

    Thanks
     
  2. dst

    dst Interactive Brokers

    Why don't you use TWS combo feature for this type of trade?
     
  3. twinx

    twinx

    What i know about spreads with TWS, my idea is not achievable with it.

    It is not a simple "time spread".
    But if you show me how to do my idea with TWS.... please give us a hint. :)
     
  4. dst

    dst Interactive Brokers

  5. twinx

    twinx

    Thanks but you did not understand my requirement in the first post.

    In TWS:
    1. You are not free to spread all products
    2. it is not possible to leggin like my requirement in the first post
     
  6. dst

    dst Interactive Brokers