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Balance Impact and Risk

Balances the market impact of trading the option with the risk of price change over the time horizon of the order by 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.

This algo is for options only.

To create a Balance Impact and Risk algo

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

2.  From the LMT type field, select IBALGO and then Balance Impact and Risk.

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

This feature is designed to affect large orders that affect a significant percentage of the average daily volume.

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

Important Disclosures