IB messages whenever you use market orders | Reviews of Brokers and Data Feeds


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IB messages whenever you use market orders

  #11 (permalink)

San Francisco, CA
 
Trading Experience: Advanced
Platform: IB-TWS, Ninja, Wave59, R
Broker/Data: IB, IQFeed
Favorite Futures: ZB
 
Posts: 37 since Sep 2013
Thanks: 0 given, 23 received

you can not internalize Futures orders. Futures trade on one centralized exchange (nymex, CBOT, etc)...all orders must be placed on the exchange. Even Clearport orders are recorded at the exchange. Internalizing orders may be common place for FX brokers, because they are the broker and exchange but not futures.

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