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 | ||||
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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.
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