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Miscellaneous Defaults

Field Name	Description	Notes
Trigger Method	The trigger method is used to trigger Stop, Stop Limit, Trailing Stop and Trailing Stop Limit orders.	You can Modify the Stop Trigger Method.
Open/Close	Identifies the default action to either open or close a position.	For non-cleared customers.
Order Ref.	A user-controlled field to identify orders.	This setting will be overridden by the page level setting.
Clearing Acct	Select the clearing account.	For non-cleared customers.
Order Origin	Defines the origin of your order in relation to the market.
ISE Order Type	The Standard order is completely anonymous. The SOI order broadcasts the symbol to other ISE MPM members and may get execution priority.
Bypass market cap	If checked, the IB price cap (for buy orders) and price floor (for sell orders) will be ignored.	Please note that checking this feature could result in an execution price that is outside of what is considered fair or consistent with an orderly market.
Post only	If checked, when there is non-displayed liquidity at the same price point, the order price is adjusted low (for a buy) or higher (for a sell) by one penny to avoid taking that liquidity. If the order comes in at a price higher (for a buy) or lower (for a sell) than an order already sitting on the book, it becomes an IOC (immediate-or-cancel) order at the better price.	For smart-routed US stocks and options.
Prefer SMART	If checked, TWS will SMART route all orders if Smart-routing is available, regardless of the routing selection defined for the ticker.
No default destination	If checked, all orders using this preset will be created with a blank default routing destination.
Consider cost when routing	If checked, Smart routing will consider the total cost of executing the order, including commissions and other fees, when deciding where to route the order. If unchecked, only the exchange price is considered.	For smart-routed European stocks.

OCA Group Defaults

Use the One-Cancels-All order attribute to work related orders in conjunction with one another.

Field Name	Description	Notes
If one order in group is partially filled, other orders should be...
Reduced in size	The default is to have other orders in the OCA group proportionately reduced in size based on the quantity of the filled portion.
Cancelled	All other orders in the group are cancelled
Overfill Protection	If checked, this dictates that only 1 order in the group will be routed to an exchange at a time. This strategy completely removes the possibility of an overfill.