Operation of IB

Table of Contents

Orders

stop and limit order

  • Stop orders are triggered when the market trades at or through the stop price (depending upon trigger method, the default for non-NASDAQ listed stock is last price), and then a market order is transmitted to the exchange.1
  • When the stop price is triggered, the limit order is sent to the exchange. A limit order will then be working, at or better than the limit price you entered.2
  • Trailing Stop Limit Orders(追踪止损限价定单) 追踪止损限价卖出定单与市场价格一起移动,并根据用户定义的“追踪”金额,连续地以低于市价的固定金额重新计算止损触发价格。限价定单价格同样根据限价抵消被连续地计算。随着市场价格上涨,止损价格和限价的上涨幅度分别为追踪金额和限价抵消,但如果股票价格下跌,止损价格保持不变,当止损价格被触及时,一份限价定单将以最后计算的限价被提交。3

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