Field

Description

Notes

Time in Force

The time period during which your order will remain active. Choose from the selections presented, including:

• DAY (day order),

• GTC (order remains active until it is cancelled)

• OPG (market or limit at the open order)

• IOC (immediate or cancel)

• GTD (order remains working until the date/time specified in the two fields below.)

• DTC (day 'till cancelled, is cancelled at the end of day like a day order, but remains on your trading screen deactivated to let you resubmit easily).

Only valid Times in Force are displayed per order,  based on the product, order type and destination.

Good After time

Set a date/time after which the order will be submitted.

Exp. Date

Enter the expiration date for the order. Use the format yyyymmdd. Order continues to work until close of market on that day.

Valid for GTD/GTT times in force.

Exp. Time

Enter the expiration time for the order. Use the format hh:mm:ss. Order continues to work up until the time and date specified.

Valid for GTD/GTT times in force.

Allow this order to be triggered or filled outside...

If unchecked, orders will only fill/trigger during regular trading hours.

Note that this option may not be available for particular products that are not listed on an exchange. IB customers are solely responsible for ensuring that this parameter is available for the product involved.

This value is unchecked by default.

You can also set this feature from the TIF dropdown on an order line in the trading window.

Valid for US stocks listed on major exchanges. Not available for IOC, OPG (MOO and LOO), FOK, MOC or LOC orders.

VWAP Time

Modify the VWAP cut-off time if desired by clicking the Calendar selection tool. Otherwise, the Soonest cut-off time is used.

VWAP orders are automatically routed and accepted immediately after being transmitted. VWAP orders cannot be cancelled.