IBKR ATS Reroute to SMART

Clients who elect to direct liquidity-providing orders to IBKR ATS can choose to have the trading system reroute the order to SMART after it has rested on IBKR ATS for a user-specified number of minutes. Access this feature anywhere you can choose IBKR ATS as your routing destination, for example in the Mosaic Order Entry tile's Advanced panel when IBKR ATS is selected as the destination and in Accumulate/Distribute when you check "Route to IBKRATS". Simply enter the number of minutes you want the order to rest in the field labeled "Reroute to SMART after..." You can also define a preset number of minutes in Global Configure from the "For Orders Routed to IBKR ATS" section of the Stocks Preset.

Products Availability Routing TWS
Stocks US Products Smart Attribute
Non-US Products Directed Order Type
Time in Force
Destination
Open Users' Guide

Notes:

The Reference Table to the upper right provides a general summary of the order type characteristics. The checked features are applicable in some combination, but do not necessarily work in conjunction with all other checked features. For example, if Options and Stocks, US and Non-US, and Smart and Directed are all checked, it does not follow that all US and Non-US Smart and direct-routed stocks support the order type. It may be the case that only Smart-routed US Stocks, direct-routed Non-US stocks and Smart-routed US Options are supported.


How to Access Interactive Brokers' Automated Trading System (IBKRATS)


For more short videos, see our IB Short Videos, Courses & Tours section

Interactive Brokers Canada Inc. is a member of the Canadian Investment Regulatory Organization (CIRO) and Member - Canadian Investor Protection Fund. Know Your Advisor: View the CIRO AdvisorReport. Trading of securities and derivatives may involve a high degree of risk and investors should be prepared for the risk of losing their entire investment and losing further amounts. Using borrowed money to finance the purchase of securities involves greater risk than using cash resources only. If you borrow money to purchase securities, your responsibility to repay the loan and pay interest as required by its terms remains the same even if the value of the securities purchased declines. Interactive Brokers Canada Inc. is an order execution-only dealer and does not provide investment advice or recommendations regarding the purchase or sale of any securities or derivatives. Our registered office is located at 1800 McGill College Avenue, Suite 2106, Montreal, Quebec, H3A 3J6, Canada.


Know Your Advisor: View the CIRO AdvisorReport