Is there a way to enter an order which seeks price improvement?

Yes, Interactive Brokers offers an order type entitled Retail Price improvement. For more information on this order type please visit the, "Retail Price Improvement Orders," page.

IBKR has smart routing capabilities which can direct orders to seek price improvement by scanning for exchanges which may have hidden liquidity at prices that are more favorable than the best bid or offer. Click here for more information.

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What is the SMART order routing destination?
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