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Arrival Price

This strategy is designed to achieve or outperform the bid/ask midpoint price at the time the order is submitted, taking into account the user-assigned level of market risk which defines the pace of the execution, and the user-defined target percent of volume.

To create an Arrival Price algo

1.  Set up the order in the Mosaic Order Entry panel.

2.  From the LMT type field, select IBALGO and then select Arrival Price.

3.  Complete the algo parameters and click Submit to send the order.

For more information on IBAlgos, see the IB Order Types and Algospage.

Important Disclosures