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[User Discussion] - Routing Option for Interactive Brokers

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[2022-11-11 23:39:30] #1 [Go To First Post]
User396 - Posts: 55
Is there anyway I can specify routing option for Interactive Brokers orders? This is especially needed for limit orders as there is a rebate involved. Market order it doesn't matter much though.

[2022-11-12 13:31:47] #2 [Go To First Post]
Sierra_Chart Engineering - Posts: 17149
This is not clear for us. All settings for Interactive Brokers can be found in Global Settings >> Data/Trade Service Settings>> Main Settings . If what you are looking for is not there, then it is not available. Sierra Chart Support - Engineering Level Your definitive source for support. Other responses are from users. Try to keep your questions brief and to the point. Be aware of support policy: https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation For the most reliable, advanced, and zero cost futures order routing, use the Teton service: Sierra Chart Teton Futures Order Routing Date Time Of Last Edit: 2022-11-12 13:32:05

[2022-11-13 05:08:47] #3 [Go To First Post]
User900285 - Posts: 94
Yes this is possible when you are specifying the Trade only symbol. Let's say you are trading the symbol AMD with Interactive Brokers and using the market data from Sierra Chart from their Nasdaq feed. The Symbol would be set to AMD-NQTV and the Interactive Brokers trade symbol would normally be this. AMD-STK-SMART-USD. To direct rout an order you need to specify the sub exchange like this. AMD-STK-ISLAND-USD. Do not include SMART. That will direct rout your order to ISLAND. That will bypass the IBKR SMART routing system. When you do that for the first time you will get an error hit the message log and you will need to check a box in the TWS API Precautionary settings. It is the last setting 'Bypass Redirect Order Warning for Stock API Orders'.

[2022-11-13 08:11:54] #4 [Go To First Post]
Sierra_Chart Engineering - Posts: 17149
Thank you for this. We did not realize this is what they were asking for. Sierra Chart Support - Engineering Level Your definitive source for support. Other responses are from users. Try to keep your questions brief and to the point. Be aware of support policy: https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation For the most reliable, advanced, and zero cost futures order routing, use the Teton service: Sierra Chart Teton Futures Order Routing Date Time Of Last Edit: 2022-11-13 08:12:04

[2024-08-09 20:50:31] #5 [Go To First Post]
User396 - Posts: 55
This is an old post, but I would like to follow up and ask if you know how to specify "SMART Maximize Rebate" while placing the order. Would this be AMD-STK-MaxRebate-USD?

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