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Old 09-08-2010, 01:33 AM   #1

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Market on Close Order

Is anyone would tell me how to make IB to close all my open net position in market close ?

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Old 09-08-2010, 09:47 AM   #2

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Re: Market on Close Order

http://interactivebrokers.com/search...put=xml_no_dtd
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Old 09-08-2010, 11:08 AM   #3

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Re: Market on Close Order

Thanks. However, I want to close my opened position on market close. Could I do this automatically ? As I live in Asia, I do not want to wake up on 4:00 am every night.

Thanks for all your help
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Old 09-08-2010, 11:32 AM   #4

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Re: Market on Close Order

Quote:
Originally Posted by winnie »
Thanks. However, I want to close my opened position on market close. Could I do this automatically ? As I live in Asia, I do not want to wake up on 4:00 am every night.

Thanks for all your help
have you watched the video?

what do you mean by automatically?
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Old 09-08-2010, 11:58 AM   #5

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Re: Market on Close Order

What I am doing is that on the morning session, I have an opened position and also a stop order for my stop loss. Then at the market close, if my stop loss is not hit. I would like my opened position to closed at the market. As I will not watch the market at the close, I need it to close my position automatically.

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Old 09-08-2010, 12:07 PM   #6

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Re: Market on Close Order

I have asked many people on how to do this and it seems no one could solve this issue .
Thanks for all your help
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Old 09-08-2010, 01:41 PM   #7

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Re: Market on Close Order

Quote:
Originally Posted by winnie »
What I am doing is that on the morning session, I have an opened position and also a stop order for my stop loss. Then at the market close, if my stop loss is not hit. I would like my opened position to closed at the market. As I will not watch the market at the close, I need it to close my position automatically.

Thanks !
what you need is to add an OCA Group.
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Old 09-08-2010, 10:15 PM   #8

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Re: Market on Close Order

Thanks for your help
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