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When you first open the Classic
Enter security definitions by entering the exchange contract class or contract symbol in the Contract field. Enter forex pairs using the syntax xxx.yyy in the Contract field.
To add market data to the Quote Monitor
If you choose Smart as the exchange (rather than selecting
Directed and then picking a destination) the market data is aggregated
and the default order routing is Smart. From a display perspective,
ticker lines that use aggregated Smart data do not display Smart in
the data line.
For NYSE, AMEX and NASDAQ listed US equity products, clients have the option to either:
a) Subscribe to streaming data - Elect to subscribe to streaming data for one, two or all three listing exchanges at the monthly fee.
b) Use Snapshot quotes - View delayed market data, and only pay for the current NBBO when making a trading decision.
Snapshots are typically used by traders who want to keep costs as low as possible and who only need to know the NBBO (National Best Bid and Offer) for a specific moment to make their trading decisions. Pricing for snapshot quotes is 0.01 USD (or the equivalent) capped at the price of the streaming subscription.
Once the number of snapshot quotes per month equals the cost of a streaming service, clients will be switched to the streaming quote service for the remainder of the calendar month. At the close of the month, the streaming service will terminate and the snapshot counter will be reset. Each listing exchange is capped independently.
Note: If you use Snapshots, the system will react as if you are trading blind without a valid quote. It will limit the 'speed' tools you can use (like the sliding price ruler) and may require that you submit orders from the order ticket.
Note: Notes about Market Data use
For details on market data fees and allocation rules, see theoverview on the IB web site.
Note: If you add a market data line for a derivative instrument, will ask if you want the underlying symbol added to the page. If you answer yes, it will be included above its derivative.