Good-Til-Canceled (GTC) orders are subject to time and event based cancellations, including a policy of cancellation at the end of the calendar quarter following that in which it was initiated, if not filled or otherwise cancelled. Find more information on the Good-Til-Canceled (GTC) Orders page of the IBKR website.
Once the GTC order has reached its final quarter, the cancellation date may be extended to the subsequent quarter in Classic TWS as follows:
- Select Trade, Pause Execution and then Pause All Orders from the menu bar at the top
- Click Yes when prompted with "Are you sure you want to pause All Orders on All Pages?"
- Re-transmit the paused orders by selecting Trade, Transmit and then Transmit All Orders from the menu bar at the top
- Click Yes when prompted with "Are you sure you want to Transmit all Orders?".
To confirm your changes, hover your mouse over the Arrowhead icon located in the Order Status column and a pop-up window will display the new "Auto Cancel Date".