What parameters can I set in the full Order Ticket?

Instructions

If you need order parameters not available in the Rapid Order Entry ticket, use the "Advanced" link just below the submit button to open the full order ticket.

The advanced link on an order ticket.

Quantity

Field Name Description Notes
Quantity Enter a unit quantity (shares or contracts). Or toggle on "USD" (or valid currency) and enter the value you want to invest.  
Filled Shows the filled portion of the order.  
Outstanding Shows the outstanding portion of the order that remains unfilled  
Display Quantity The Iceberg/Reserve attribute, applied through the Display Quantity field, provides a way to submit large volume orders to the market in increments, while publicly displaying only a specified portion of the total order size. Find out more about Iceberg/Reserve orders on the IBRK website.

Description

Field Name Description Notes
Order Type Use the drop-down list to select an order type.

Only order types that are valid for the selected asset are displayed.

Find out more about our Order Types.

Limit Price The highest price you are willing to pay (for a buy) or lowest price you are willing to accept (for a sell).

 

Trigger Price The price at which a stop, stop limit, trailing stop or trailing stop limit order will trigger.  
Stop Price The price at which a market (or limit) order is triggered for a stop (stop limit) order.  

Aux Price

For Stop and Stop limit orders, this is the Stop election price.

For Options relative to stock orders, this is the starting price.

For trailing stop orders, this is the trailing amount.

 
Trailing Amount The amount used along with the market price to calculate the initial stop price for trailing stop orders.  
Destination The order destination.  

 

Time in Force

Field Name Description Notes
Time in Force

The time period during which your order will remain active. Choose from the selections presented, including:

  • DAY (day order). See more about DAY orders below the table.

  • GTC (order remains active until it is cancelled)

  • OPG (market or limit at the open order)

  • IOC (immediate or cancel)

  • GTD (order remains working until the date/time specified in the End Time field below.)

  • DTC (day 'till cancelled, is cancelled at the end of day like a day order, but remains on your trading screen deactivated to let you resubmit easily).

Only valid Times in Force are displayed per order, based on the product, order type and destination.
Start Time For times-in-force that support it, set the start time (and date) for the order.  
End Time For times-in-force that support it, set the end time and date for the order. Only valid for GTD times in force.
Duration To use in place of "Start Time" and "End Time" fields.

 
RTH Rules

Define rule for trading during and outside of Regular Trading Hours.

Allow order to be filled outside of regular trading hours: Check this box if you want to allow orders to trigger or fill outside of regular hours.

Allow order to be filled during pre-open session: Check to allow orders to participate in the pre-open session from 4:00 - 9:30 am.

Preopen only: Order will only work during the pre-open session.

Ignore open auction: Check to ignore the opening auction.

 

 

 

Miscellaneous

Field Name Description Notes
Order Reference An identifying number you create to track your order.  
Trigger Method Select a new trigger method for the order.  
Routing Strategy Choose the focus for Smart routing - focus more on rebate or more on getting a fill.  
Apply Rules

Require Market Data

Use Price Management algo

Auto-cancel parent

Non-Guaranteed

Route marketable orders to exchanges at BBO only

 

 

IB Algorithmic Trading

Field Name Description Notes
Select Algorithm

Choose an IB Algo:

Find out more

 

Attach Orders

Field Name Description Notes
Profit Taker Attach an opposite side limit or relative order to the parent order. Attach both Profit Taker and Stop Loss to bracket the parent order.
Stop Loss Attach a stop order to the parent order.  

 

Additional Resources

Learn About the IBKR Desktop Rapid Order Entry at IBKR Campus

Visit the IBKR Desktop Website