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You control of price matching side of Interactive Brokers when you submit orders? Control of an automated market marker?

(Last Updated On: November 29, 2013)

Do you have control on the price matching side of Interactive Brokers when you submit your trades and orders? Control of an automated market marker?

From a QuantLabs.net Premium Member:

 

Hi Bryan,
Have you tested the order fill function in IB TWS Demo Account in your
trading platform? Do the orders filled with order book matching
property? This is important for me, as my live simulation depends on
order matching as well.

Thanks in advance!

I would not rely on the backend of what TWS does. At this ;oint, I am only concerned that there is a fill on the order which I have confirmed. Matching is usually controlled on the broker side unless you are on the exchange or have large orders. Let me know if I am wrong on this thinking.

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