Login Page - Create Account

Support Board


Date/Time: Sat, 18 May 2024 01:25:54 +0000



Post From: trading options

[2016-12-21 19:30:58]
User972044 - Posts: 154
IB also offers several different SMART order routing algorithms as follows:

SMART Option Routing Algorithms

Choose how to route a smart-routed, non-marketable options order.

SMART Multipurpose (SMART) - this is the basic smart-routing algorithm. Routes your non-marketable order to the default exchange for the instrument .
SMART Maximize Rebate (SMART MaxRebate) - Routes the order to the exchange offering the highest rebate.
SMART Prefer Rebate (SMART PreferRebate) - Routes the order with the bias toward getting a rebate vs. getting the order filled.
SMART Prefer Fill (SMART PreferFill) - Routes the order with the bias toward getting a fill vs. getting a rebate.
SMART Maximize Fill (SMART MaxFill) - Routes the order with the sole objective of getting a fill.

Are those available when specifying "exchange" in the symbol when trading via Sierra Charts? I only found "SMART" as the exchange in the symbol in the documentation for Option Format.

Thanks
Date Time Of Last Edit: 2016-12-21 19:31:52