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Hi, thanks for your insight regarding the brokerages that may execute larger orders than 500 000 shares (the IB limit for TWS trades), I wanted to ask if you are sure about the size of TD Ameritrade orders that they can be in millions of shares? as I have a friend in the US and he will open an...

yes, I tried the algo, but it is same as with normal order once I enter more than 500 000 shares it is getting rejected

Thank you very much for the insight, it is of great help, I am trying to sort this out last few days very intensivly

I am currently using Interactive brokers and I am unable to submit orders that exceed 500 000 shares via TWS. It is very frustrating and time consuming when I want to place an order that is eg. 5000 000 shares, I need to submit 10 smaller orders and the fees are also higher this way. I explored...