Why is my T-Bill order not trading?

IBKR's bond liquidity providers require IBKR to hold an order for a US Treasury until it is marketable. Your T-Bill, T-Note or T-Bond order must pay the disseminated Ask for the entire size quoted or IBKR will not route the order to a dealer. If you review the contract's Time & Sales data in TWS (right-click on the bond, click Analytical Tools followed by Time & Sales) you can see that the offer size for most T-Bills is quite large, so it is possible that IBKR's bond dealers do not want to trade anything smaller at that time. Using a Limit type order with a marketable price can be routed to all of the IBKR Bond Dealers as not all of IBKR’s Bond Dealers accept every available order type.  

If you need help closing an open position, please contact the Interactive Brokers Trade Desk.

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