Hi, Is it possible to have 3 decimals in limit order? I could not set it in app. May be useful for low price stocks. Mods, if you feel this should be a feature request, please move it. Thank you.

I think it has something to with what the exchange will except as the precision

Hello @kannaiah , Minimum increment is dependent on the price of the instrument and the exchange being traded on. If the input of such orders is allowed trough our intermediary, your order will be accepted on our platform as well.

@PeterA Is it possible to know if each stock is already at the optimal decimal places based on IB Or were they all set to 2 and it’s a manual check to this if 3 or 4 is allowed and update your db? It’s crazy if the API doesn’t have a way to return what precision can be used in limits.

It was NYSE:AR Antero resources

[IMG_20201217_085933] Does it mean it should have accepted 3 decimals?

I would say yep. [Screenshot_20201217-110610]

@PeterA Is there any way T212 can automate this so that it checks the list and corrects to the same maximum decimal places as allowed? Rather than someone manual going through the ~10,000 and needing to check and put in a request for it to be updated?

@PeterA also I’ve previously requested this and it seems to have never been actioned. Take NAK for example the data feed only has two places. Is that the crap Bloomberg feed only giving you two or are you truncating it from four? When it comes to putting in a limit should it be to four places acce…

@kannaiah For Antero Resources the format will be X.XX as its p > 1$ @phildawson You are correct that for NAK the format should be X.XXXX - amended now. *Refer to the details of the instruments and Price Parameters, instead of price shown. [image]

Instead of that manual fix, would there be a away for the T212 devs to write a script that checks what it should be and updates the database to reflect what IB say? With regards to the data feed from Bloomberg does that provide to four places? As it didn’t end bang on 31. [Screenshot_20201217-120…

Decimals in limit order

🤝 Help

Methuselah December 17, 2020, 1:44pm 13

FYI, FTC (Filtronic) needs looking at too. Let me enter two decimal places but rejected the orders until I cut it to one, even though the display then filled in a zero to take it to two which is really silly.

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Decimals in limit order

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