When are the shares be received?

When purchasing or selling a security or other financial instrument there are two key dates involved with the transaction.  The first is the Trade Date which represents the date on which the order was executed and the second, the Settlement Date, or the date at which payment is made and the shares are transferred. The Settlement Date can vary by product type and country of listing.  For example, U.S. stocks, bonds, securities options, mutual funds, futures and futures options all settle 1 business day after Trade Date…

If Hidden Orders are not native to the exchange and are simulated by IBKR, they will not be active in the exchange order book and do not participate in the auction.

You can see which order types are native or simulated on a specific exchange in the Exchange Listings area of our website…

IBKR does not offer trading on the Belgrade Stock Exchange (BELEX) at this time.

For more information on available exchanges, see the Exchange Listings area of our website…

Select Initial Public Offerings (IPOs) are generally made available for submission of Conditional Offers to Buy (COBs) several days prior to the pricing date.  COBs may be submitted until 8:00am ET (Eastern Time) on the pricing date.  The pricing date is generally one (1) business day before the IPO’s first trade day (listing date)…