- ago
IB will cancel a limit order if the stock opens a certain amount below the limit order price. For example, I had a limit order for MNDY this morning for 227.26 but the MNDY opened at 199. The order was canceled by the IB system. Does anyone have a workaround to enable the orders to be filled at the "low" opening price at IB?
0
298
Solved
3 Replies

Reply

Bookmark

Sort
Glitch8
 ( 12.10% )
- ago
#1
Yes, check trading preferences for the recently added preference to convert these to market orders.
1
Best Answer
Cone8
 ( 6.32% )
- ago
#2
Technical, the limit order wasn't "cancelled".
Instead the order was rejected because the limit price was too far from the inside market.
1
- ago
#3
Thank you very much.
0

Reply

Bookmark

Sort