Hidden Orders

Investors wishing to hide large-size orders can do use by applying the "Hidden" attribute to a large volume order to completely hide the submitted quantity from the market. The Hidden order type is a simple solution to maintaining anonymity in the market when trying to buy or sell large amounts of stocks, options, bonds, CFDs, warrants, futures or futures options. The Hidden order type is simple to add to the main trading window within TWS and requires a simple check-mark in the box in order to activate. Display the Hidden field from the Layout Manager, and check the Hidden attribute in the order line. Your order is submitted but evidence of the order is hidden from the market.

Notes:

The Reference Table to the upper right provides a general summary of the order type characteristics. The checked features are applicable in some combination, but do not necessarily work in conjunction with all other checked features. For example, if Options and Stocks, US and Non-US, and Smart and Directed are all checked, it does not follow that all US and Non-US Smart and direct-routed stocks support the order type. It may be the case that only Smart-routed US Stocks, direct-routed Non-US stocks and Smart-routed US Options are supported.


Products Availability Routing TWS
Bonds US Products Smart Attribute
CFDs Non-US Products Directed Order Type
Futures Time in Force
FOPs
Options
Stocks
Warrants
View Supported Exchanges|Open Users' Guide

Hidden Orders Short Video

Your capital is at risk.

Interactive Brokers (U.K.) Limited is authorised and regulated by the Financial Conduct Authority.


Example


Hidden Orders example

You want to buy 5000 shares of XYZ but don't want your order to affect or be seen by other traders in the market. Display the Hidden field from the Layout Manager, and check the Hidden attribute in the order line. Your order is submitted but evidence of the order is hidden from the market.

Note:

IB may simulate hidden orders on exchanges. See details on hidden order handling using simulated orders.

The risk of loss in online trading of stocks, options, futures, currencies, foreign equities, and fixed income can be substantial. Options are not suitable for all investors. For more information, read the "Characteristics and Risks of Standardized Options".

Your capital is at risk and your losses may exceed the value of your original investment.

Interactive Brokers (U.K.) Limited is authorised and regulated by the Financial Conduct Authority. FCA Reference Number 208159.

Cryptoassets are unregulated in the UK. Interactive Brokers (U.K) Limited ("IBUK") is registered with the Financial Conduct Authority as a cryptoassets firm under the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017.

Interactive Brokers LLC is regulated by the US SEC and CFTC and is a member of the SIPC (www.sipc.org) compensation scheme;
products are only covered by the UK FSCS in limited circumstances.

Before trading, customers must read the relevant risk disclosure statements on our Warnings and Disclaimers page.

For a list of IBG memberships worldwide, see our exchange listings.