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Date/Time: Mon, 06 May 2024 10:53:54 +0000

Post From: Interactive Brokers native trailing stop : how to get it ?

[2018-03-15 17:22:28] Link To Thread - Link To Post [Go To First Post]
User877753 - Posts: 152
Hello, I noticed SC Trailing Stop does not use Interactive Brokers native Trailing Stop order : in fact, a Stop order is sent by SC each time the evolution of the price requires it. There are IMHO two issues here : - if the connection between SC et IB is lost, there is no more trailing - on EUREX, each order modification cost 0.5 euro : one can imagine trailing a 100 points on the DAX, eg 200 ticks, could cost at worst 50 euros just in EUREX modification fees... (https://www.interactivebrokers.com/en/?f=%2Fen%2Faccounts%2Ffees%2FcancelModifyExamples.php) Is there a way to send native trailing stop order in IB ? Best regards, JM