Electronic negotiation with large interactive brokers continues to strengthen its commercial solutions, with the IBKR desktop platform taking a set of new features.
The most recent (Beta) version of the platform is equipped with a widget of a market depth (Level 2) in customized provisions that display alternative offers and offers away from the interior excerpt to allow traders to better measure market liquidity. Level 2 includes the price book and order book, recording all levels of pricing on bids submitted and each individual passage.
Note that L2 data subscriptions are required to receive depth statistics and market momentum.
The platform also now offers a strategic output feature, which allows you to create a series of arm in a current position or operation mode. The arm commands are designed to help reduce loss and protect the profit with the “hug” an order with two opposite side commands ready to proceed and are submitted when the instrument price penetrates the value of activating the command.
Go to your portfolio, right -click on an instrument and select Exit Strategy. Modify the limit/interruption value and preview press to check this order. Once confirmed, click Submit Orders and the order will be transmitted.
