Can I use IBKR ATS with algos?

An Adaptive Algo order works by default with destination SMART and cannot be direct routed to an exchange.

More information on the Adaptive Algo can be found on our website…

Use the ScaleTrader trading tool to easily scale into a position. You can access the ScaleTrader in Trader Workstation by clicking on the Trading Tools menu and selecting ScaleTrader.

Additional Information…

Yes, you can route orders to IBKR ATS using BasketTrader, ScaleTrader, and the Accumulate/Distribute algo…

Yes. When using the "Close" feature you can elect to close all or a portion of your positions on multiple assets with either a Limit or Market order. From there, you can select an Algo order to manage the order to close your position.

The steps to use the Close feature using Algo orders can be…