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Interactive Brokers Routing Options for Limit orders


b396
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which one should I use when I configure "routing" option? Routing Strategy or Routing Destination?

I have routing strategy options:
image.png.841a8cdbb31b44429e9cbfdb89892595.png

But these are routing destination options:
image.png.54ce501aee479f22401e77d3785fb55e.png

Edited by b396
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the API offers ability to route to specific destinations.  The stuff you indicated seems to be custom IB stuff that they have in TWS.  I know they have some stuff in settings for defaults. I do not know how it impacts "SMART" routing via API. would need to check with IB support about that.

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I know little about routing but since my goal is to reduce commission where possible. I see PEARL has -0.0029 commission for adding liquidity. I do not know if this is worth doing. But I want to try...

 

How would I use this info? By adding PEARL in routing option?

 

 

Edited by b396
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