What is the IBUSOPT routing destination?

IBKR clients can add liquidity and interact with our retail order flow by direct-routing their US equity and index options orders to the IBUSOPT destination. Orders routed to IBUSOPT will be held at this liquidity-providing destination, and will be eligible to participate in an exchange auction to potentially fill against other SMART-routed marketable orders from IBKR clients.

  • All IBUSOPT orders will be used to start an auction at the exchange.
  • Orders routed to IBUSOPT are not guaranteed to fill.

To find out more about the IBUSOPT options routing destination, see the IBUSOPT Destination order page.

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