I wonder how long before the API supports this. Does the trailing
stop sit on IB's servers, or is it implemented on the client?
Scratch that last question... I am sure IB realizes how useless it
would be to have this on the client.
--- In twsapi@y..., "marinindextrader" <marinindextrader@y...> wrote:
Trader Workstation Trailing Stop Orders and Island 1/10 Cent Order
Entry
You asked for it, and IB delivers. As of August 1st, you will be
able
to enter trailing stop orders with "Smart" order routing, and enter
1/10 cent pricing for Island using Trader Workstation. Although
trailing stops have been introduced because of demand, IB does not
encourage the use of trailing stop orders as they create a false
sense of security, and accentuate volatility in rough markets. A
new
version of TWS, revised User's Guide and updated release notes will
be posted just prior to implementation by August 1st.