IB post-only orders

[Petya]

Ok thanks. I think it's working now but I will check on Monday. The issue is more prevalent at the open where the quotes are more likely to be off.

Hi,

I wonder if you found out if post only does indeed work and you get the rebates? What if I have "seek price improvement" is also checked off along with the price management algo? Thanks

 

[qlai]

Yes, post only works and you get rebates. The rest I don’t know. I don’t use it though, because, if I remember correctly, you can’t specify this per order.

 

[Petya]

Yes, post only works and you get rebates. The rest I don’t know. I don’t use it though, because, if I remember correctly, you can’t specify this per order.

Thank you for the feedback. I can specify to choose post only at every order. I can tick off that box indeed. Time to experiment now. I mostly use mid price and price management algo, hopefully post only will work in that case, too.