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Each aggregate order will result in one or more market orders. In the event that the purchase is executed in multiple smaller trades at varying prices, participants will receive the weighted-average price of such shares (i.e., each participant receives the same price).\u003C\u002Fp>\u003Cp>Recurring investments are filled through \u003Ca href=\"https:\u002F\u002Fwww.interactivebrokers.com\u002Fen\u002Findex.php?f=1124\">Volume-Weighted Average Price (VWAP) orders\u003C\u002Fa> submitted on a best-effort basis submitted on a best-effort basis at market open on each scheduled purchase date. The time in force suspends the same day at the close of the market. All customers with recurring investments in the same security on the same date receive the same average price on their investment. If markets are closed on a scheduled recurring investment date, due to a weekend or holiday, recurring investment orders will be placed the next trading day. If there is a partial fill, clients will receive shares valued at less than the requested amount and the next scheduled purchase date will be increased by the instructed frequency. If no fill occurs (IBKR is unable to purchase shares on that trading day) the client experience will be the same as if the markets are closed: recurring investment orders will be placed the next trading day without increasing the next scheduled purchase date.\u003C\u002Fp>\u003Cp>\u003Cstrong>Additional Information\u003C\u002Fstrong>\u003C\u002Fp>\u003Cul>\u003Cli>\u003Ca href=\"https:\u002F\u002Fibkr.info\u002Farticle\u002F4470\">Overview of IBKR's Recurring Investment Feature\u003C\u002Fa>\u003C\u002Fli>\u003C\u002Ful>",[1206,1212],{"id":12,"title":13,"feedback_context":1207},{"request_context":1208,"type":1209,"id":12,"faq_id":12,"timestamp":1210,"cir_id":1211},"faq-browser-public,faq-browser-1:JFaqHTTP6-629ac775-a6a5-417b-bcff-80578077947f","FAQ_NAVIGATION",1794516759541,"7f0081fd-e97f-4c73-8fe6-5cc73133dce6",{"id":205,"title":206,"feedback_context":1213},{"request_context":1208,"type":1209,"id":205,"faq_id":205,"timestamp":1210,"cir_id":1211},"\u003Cp>For the Recurring Investment feature, the shares are purchased in the open market, the price cannot be determined until the total number of shares for all program participants have been purchased using combined funds. Each aggregate order will result in one or more market orders. In the event that the purchase is executed in multiple smaller trades at varying prices, participants will receive the weighted-average price of such shares (i.e., each participant receives the same price)…\u003C\u002Fp>",[1216,1228,1235,1242],{"id":1217,"title":1218,"feedback_context":1219,"short_description":1222,"source":1223},"34498515","Why did I get a warning message stating \"Market Order was Repriced\"?",{"request_context":1208,"type":1220,"id":1217,"faq_id":1217,"timestamp":1221,"cir_id":1211},"FAQ_SIMILAR",1794516759572,"\u003Cp>It is against regulatory rules to trade with your own orders. If you currently have a limit order working and you place a MKT order for the same product on the other side of the market, you will receive this warning as it is possible those two orders could trade with one another. To avoid this, use limit orders with specified prices so your open Buy and Sell orders will not cross…\u003C\u002Fp>",{"id":1224,"title":1225,"link":1226,"sourceType":1227},"faq","IBKR FAQs","https:\u002F\u002Fprod.ibkr-web.com\u002Fibconfluence\u002Fpages\u002Fviewpage.action?pageId=34498515","FAQ",{"id":1229,"title":1230,"feedback_context":1231,"short_description":1232,"source":1233},"45152667","Can I scale out of a position using an attached Stop Loss order?",{"request_context":1208,"type":1220,"id":1229,"faq_id":1229,"timestamp":1221,"cir_id":1211},"\u003Cp>It is not possible to configure an attached Stop Loss order to trigger at different price levels for order size increments less than the Parent order's total quantity. For example, if you create a Parent Buy order for 1,000 shares and try to attach two Sell Stop orders for 500 shares each at different stop trigger prices your order will not be accepted. Likewise, if you try to use the Scale fields to scale out of a position the order will not be accepted…\u003C\u002Fp>",{"id":1224,"title":1225,"link":1234,"sourceType":1227},"https:\u002F\u002Fprod.ibkr-web.com\u002Fibconfluence\u002Fpages\u002Fviewpage.action?pageId=45152667",{"id":1236,"title":1237,"feedback_context":1238,"short_description":1239,"source":1240},"31756856","How do separate orders impact Day Trades?",{"request_context":1208,"type":1220,"id":1236,"faq_id":1236,"timestamp":1221,"cir_id":1211},"\u003Cp>If you purchase a given security and sell it the same day, with the closing sell trades executed as separate orders, this series of transactions will be counted as a single day trade as long as no additional purchases of that same security are executed prior to the execution of the closing sells. For example, if you purchase 1,000 shares of hypothetical stock ABC and close that position in 4 separate orders of 250 shares each that same day, this would be considered a single day trade as long as they were no additional purchases taking place in between…\u003C\u002Fp>",{"id":1224,"title":1225,"link":1241,"sourceType":1227},"https:\u002F\u002Fprod.ibkr-web.com\u002Fibconfluence\u002Fpages\u002Fviewpage.action?pageId=31756856",{"id":1243,"title":1244,"feedback_context":1245,"short_description":1246,"source":1247},"917069285","How Will I Know the Transaction Price of a Mutual Fund Purchase or Sale on Any Given Day?",{"request_context":1208,"type":1220,"id":1243,"faq_id":1243,"timestamp":1221,"cir_id":1211},"\u003Cp>Individuals who purchase or redeem mutual fund shares receive the next computed share price following the fund's receipt of the transaction order. Mutual fund orders are accumulated during the day and are transmitted to the fund at 15:59 for pricing. Once the…\u003C\u002Fp>",{"id":1224,"title":1225,"link":1248,"sourceType":1227},"https:\u002F\u002Fprod.ibkr-web.com\u002Fibconfluence\u002Fpages\u002Fviewpage.action?pageId=917069285",{"request_context":1208,"type":1250,"id":1202,"faq_id":1202,"timestamp":1210,"cir_id":1211},"FAQ_CONTENT"]