Order Types and Algos

トレーダーワークステーションでは、より高度な取引設定として、リスク制限、より素早い約定、価格改善、注文の匿名性の保護、マーケットの時間設定などを目的とした、60種類以上の注文タイプとアルゴリズムをご提供しております。

 
注文タイプ 目的カテゴリー 株式 OPT 先物 FOP FX 債券 FND WAR EFP CMB CFD
注文タイプ 目的カテゴリー 株式 OPT 先物 FOP FX 債券 FND WAR EFP CMB CFD
アキュミュレート/ディストリビュート
 
大型注文を出来る限り小さく分配し、指定の時間帯においてランダムに売買することにより注文の市場へのインパクトを最小限に抑えます。株式、OPT、先物、為替に有効な注文方法です。
 アルゴリズム取引 Yes Yes Yes Yes Yes Yes No Yes No No No
All or None
 
All or none order will remain at the exchange (or in the IB system) until the entire quantity is available to be executed.
 マーケットの時間設定 Yes Yes No No No No No No Yes No No
Arrival Price
 
This IBAlgo attempts to achieve the midpoint price at the time the order is submitted, and considers the user-defined urgency/risk aversion and max percent of daily volume values.
 アルゴリズム取引 Yes No No No Yes No No No No No No
At Auction
 
An auction order is submitted at the Calculated Opening Price (COP). If the order doesn't execute, it is resubmitted as a limit order at the COP or best bid/ask.
 約定速度 Yes No Yes No No No No No No No No
Auction
 
When terms allow, your order will be submitted for inclusion in the 価格改善 auction, based on price and volume priority.
 価格改善 No Yes No No No No No No No No No
Balance Impact and Risk
 
This IBAlgo balances the market impact of trading the OPTion with the risk of price change over the time horizon of the order, and considers the user-defined urgency/risk aversion and max percent of daily volume values.
 アルゴリズム取引 No Yes No No No No No No No No No
Basket
 
個別の注文をひとつのまとまったパッケージとしてグループ化します。
 高度な取引 Yes Yes Yes Yes Yes Yes Yes Yes No No No
Block
 
A large volume limit order with a minimum of 50 contracts.
 価格改善 No Yes No No No No No No No No No
Box Top
 
A market order that is automatically changed to a limit order if it doesn't execute immediately at the market price.
 価格改善 No Yes No No No No No No No No No
ブラケット(イフダンOCO)
 
ブラケット注文は、親注文に対し、ストップ(逆指値)による損切りとLimit(指値)による利益確定の注文を同時に発注させる注文です。
 リスク限定 Yes Yes Yes Yes No No No Yes No No No
条件付き注文（Conditional）
 
条件付き（Conditional）注文は、特定の銘柄に対して、予め指定された条件に見合ったときにのみ発注またはキャンセルがされる注文です。
 高度な取引 Yes Yes Yes Yes Yes No No Yes No No No
Dark Ice
 
The Dark Ice IB Algo lets you specify a display size different from the order size that is shown in the market. Additionally, the Dark Ice algo randomizes the display size +/- 50% and, based on the calculated probability of the price moving favorably, decides whether to place the order at the limit price or one tick better.
 アルゴリズム取引 Yes No Yes No No No No No No No No
Discretionary
 
A Discretionary order is a limit order for which you define a discretionary amount (which is added to or subtracted from the limit price) that increases the price range over which the order is eligible to execute. The original limit price is displayed to the market.
 約定速度 Yes No No No No No No No No No No
Fill or Kill(FOK)
 
FOK(Fill or Kill)では前数量が約定出来ない場合に注文自体をキャンセルします。
 マーケットの時間設定 Yes Yes No No No No No No No No No
Funari
 
A Funari order is submitted as a limit order at the user-specified limit price, with any unfilled quantity resubmitted as a Market-On-Close order at the end of the trading session.
 価格改善 Yes Yes No No No No No No No No No
Good After Time/Date (GAT)
 
Good After Time/Date（GAT）注文では、指定の時間/日付まで注文がIBのシステムで保存され、その後に市場へ発注されます。
 マーケットの時間設定 Yes Yes Yes Yes Yes Yes No Yes No No No
Good-til-Canceled (GTC)
 
GTC(Good-till-Canceled)注文では、発注市場で約定が付くか、お客様がキャンセルされるまでIBのシステムと該当取引所で有効な注文方法です。
 マーケットの時間設定 Yes Yes Yes Yes Yes Yes No Yes Yes No No
Good-til-Date/Time (GTD)
 
A Good-till-Date/Time order will remain working within the IB system and in the marketplace until it executes or until the close of the market on the date specified.
 マーケットの時間設定 Yes Yes Yes Yes Yes Yes No Yes Yes No No
Hidden
 
A Hidden order (generally a large volume order) shows no evidence of its existence in either the market data or the deep book.
 注文の匿名性 Yes Yes Yes Yes No Yes No No Yes No No
IBDARK
 
This 注文タイプ may be appropriate if you are trying to buy or sell a block of stock by trading against other IB customers without exposing your interest to the public markets. If you want an immediate or faster fill or if you want to expose your trading interest in the public markets, you should not route your order to IBDARK as these orders will not be routed or displayed outside of IB.
 注文の匿名性 Yes No No No No No No No No No No
Iceberg/Reserve
 
An Iceberg order allows you to submit an order (generally a large volume order) while publicly disclosing only a portion of the submitted order.
 注文の匿名性 Yes Yes Yes No No No No Yes No No No
Immediate or Cancel (IOC)
 
Any portion of an IOC order that is not filled immediately is cancelled.
 マーケットの時間設定 Yes Yes Yes Yes Yes No No Yes Yes No No
指値（LMT）
 
指定した価格か、それよりも良い価格で銘柄を売買する基本的な注文です。
 価格改善 Yes Yes Yes Yes Yes Yes No Yes Yes No Yes
Limit if Touched
 
An LIT (Limit if Touched) is an order to buy (or sell) an asset below (or above) the market, at the defined limit price or better. This order is held in the system until the trigger price is touched, and is then submitted as a limit order.
 価格改善 Yes Yes Yes Yes Yes Yes No Yes Yes No Yes
Limit-on-Close（LOC）
 
LOC注文(リミット・オン・クローズ/引指）注文とは、指定した取引所の規則に従って、その銘柄の終値が指定した指値よりも良い値であれば指値で約定する注文です。また、約定しない場合にはキャンセルされます。
 価格改善 Yes No Yes No No No No Yes No No No
Limit-on-Open
 
A LOO (Limit-on-Open) order is a limit order executed at the market's open if the opening price is equal to or better than the limit price.
 価格改善 Yes No No No No No No Yes No No No
Market
 
A Market order is an order to buy or sell an asset at the bid or offer price currently available in the marketplace.
 約定速度 Yes Yes Yes Yes Yes Yes Yes Yes Yes No Yes
Market if Touched
 
An MIT (Market if Touched) is an order to buy (or sell) an asset below (or above) the market. This order is held in the system until the trigger price is touched, and is then submitted as a market order.
 約定速度 Yes Yes Yes Yes Yes Yes No Yes Yes No Yes
Market on Close
 
A market order that is submitted to execute as close to the closing price as possible.
 約定速度 Yes No Yes No No No No Yes No No No
Market on Open
 
A market order that is executed at the market's open at the market price.
 約定速度 Yes No No No No No No Yes No No No
Market to Limit
 
A Market-to-Limit order is sent in as a market order to execute at the current best price. If the entire order does not immediately execute at the market price, the remainder of the order is re-submitted as a limit order with the limit price set to the price at which the original order executed.
 リスク限定 Yes Yes Yes Yes No No No Yes Yes No Yes
Market with Protection
 
A Market with Protection order is a market order that is cancelled and resubmitted as a limit order if the entire order does not immediately execute at the market price. The order's limit price is set by the exchange to be close to the current market price, slightly higher for a sell order and lower for a buy order.
 リスク限定 No No Yes Yes No No No No No No No
Midpoint Match (MPM)
 
An ISE stock order that executes at the midpoint of the bid/ask price.
 約定速度 Yes No No No No No No No No No No
Minimize Impact
 
This IBAlgo minimizes market impact by slicing the order over time to achieve the market average without going over the user-defined max percent of daily volume.
 アルゴリズム取引 No Yes No No No No No No No No No
NYSE Closing Auction D-Quote
 
IB is now offering enhanced execution services for customers seeking greater flexibility, execution speed and enhanced representation during the NYSE closing auction.
 価格改善 Yes No No No No No No No No No No
One-Cancels-All (OCA)
 
Orders in a one-cancels-all group of orders will be canceled when one of the other orders executes.
 高度な取引 Yes Yes Yes Yes Yes Yes No Yes Yes No No
Passive Relative
 
A Passive Relative order derives its price from a combination of the market quote and a user-defined offset amount. While similar to a Relative order, it applies the offset in the opposite direction to make the order less aggressive, versus the Relative order which applies the offset to become more aggressive.
 価格改善 Yes No No No No No No Yes No No No
Pegged-to-Market
 
An order that is pegged to buy on the best offer and sell on the best bid.
 約定速度 Yes No No No No No No No No No No
Pegged-to-Midpoint
 
An order that is pegged to buy/sell at the midpoint of the NBBO.
 価格改善 Yes No No No No No No No No No No
Pegged-to-Stock
 
Specifies that the OPTion price will adjust automatically relative to the stock price, using a calculated value based on data you enter.
 約定速度 No Yes No No No No No No No No No
Percent of Volume
 
This IBAlgo participates with volume at a user-defined rate.
 アルゴリズム取引 Yes No Yes No No No No No No No No
Relative/Pegged-to-Primary
 
A Relative or Pegged-to-Primary order derives its price from a combination of the market quote and a user-defined offset amount. The order is submitted as a limit order and modified according to the pricing logic until it is executed or you cancel the order.
 約定速度 Yes Yes No No No No No No No No No
Request-for-Quote (RFQ)
 
Request market quotes for non-US OPTions, 先物ures and OPTions on 先物ures.
 リスク限定 No Yes Yes Yes No Yes No No No No No
Retail 価格改善 (RPI)
 
The Retail 価格改善 (RPI) order is a liquidity-adding order that works within the parameters of the NYSE Retail 価格改善 program. This program allows qualified stock orders to fill against eligible, hidden RPI orders that offer 価格改善 over the current best bid and offer.
 価格改善 No Yes Yes Yes No Yes No No No No No
Scale
 
The scale orders command automatically creates a series of buy (sell) limit orders with incrementally lower (higher) prices, based on your original limit order.
 アルゴリズム取引 Yes Yes Yes Yes Yes Yes No Yes No No No
Snap to Market
 
Similar to a Pegged-to-Market order except that the price does not move with the market but is calculated with an OPTional offset and the order is submitted as a limit order.
 約定速度 Yes No No No No No No No No No No
Snap to Midpoint
 
Similar to a Pegged-to-Midpoint order except that the price does not move with the market but is calculated with an OPTional offset and the order is submitted as a limit order.
 価格改善 Yes No No No No No No No No No No
Snap to Primary
 
Similar to a pegged order except that the price does not move with the market but is calculated with an OPTional offset and the order is submitted as a limit order.
 約定速度 Yes No No No No No No No No No No
Spreads
 
A combination of individual orders (legs) that work together to create a single trading strategy. You can combine stock, OPTion and 先物ures legs into a single spread.
 高度な取引 Yes Yes Yes No No No No No No No No
Stop
 
A Stop order becomes a market order to buy or sell securities or commodities once the specified stop price is attained or penetrated.
 リスク限定 Yes Yes Yes Yes Yes No No Yes Yes Yes Yes
Stop - Adjustable
 
You can attach one-time adjustments to stop, stop limit, trailing stop and trailing stop limit orders which modify the stop trigger price, trailing amount and stop limit price.
 リスク限定 Yes Yes Yes Yes Yes No No Yes Yes No No
Stop - Trailing Stop
 
A trailing stop for a sell order sets the stop price at a fixed amount below the market price. If the market price rises, the stop loss price rises by the increased amount, but if the stock price falls, the stop loss price remains the same. The reverse is true for a buy trailing stop order.
 リスク限定 Yes Yes Yes Yes Yes No No Yes Yes No Yes
Stop - Trailing Stop Limit
 
A trailing stop limit for a sell order sets the stop price at a fixed amount below the market price and defines a limit price for the sell order. If the market price rises, the stop loss price rises by the increased amount, but if the stock price falls, the stop loss price remains the same. When the order triggers, a limit order is submitted at the price you defined. The reverse is true for a buy trailing stop limit order.
 リスク限定 Yes Yes Yes Yes Yes Yes No Yes Yes No Yes
Stop Limit
 
A Stop Limit order becomes a limit order once the specified stop price is attained or penetrated.
 リスク限定 Yes Yes Yes Yes Yes No No Yes Yes No Yes
Stop with Protection
 
For 先物ures orders on Globex. A Stop with Protection order combines the functionality of a stop limit and market with protection order. The order triggers at a set stop price and fills within a specified protected price set by Globex.
 リスク限定 No No Yes No No No No No No No No
Sweep-to-Fill
 
A Sweep-to-Fill order identifies the best price and the exact quantity offered/available at the price, and transmits the corresponding portion of your order for immediate execution. Simultaneously it is identifying the next best price and quantity offered/available, and submits the matching quantity of your order for immediate execution.
 約定速度 Yes No No No No No No Yes No No No
Trailing Limit if Touched
 
An LIT (Limit-if-Touched) is similar to a trailing stop limit order, except that the sell order sets the initial stop price at a fixed amount above the market price instead of below. This order is held in the system until the trigger price is touched, and is then submitted as a limit order.
 リスク限定 Yes Yes Yes Yes Yes No Yes Yes Yes No Yes
Trailing Market if Touched
 
A TRAIL MIT (Trailing Market-if-Touched) is is similar to a trailing stop order, except that the sell order sets the initial stop price at a fixed amount above the market price instead of below. This order is held in the system until the trigger price is touched, and is then submitted as a market order.
 リスク限定 Yes Yes Yes Yes Yes No Yes Yes Yes No Yes
TWAP
 
This IBAlgo attempts to achieve the time-weighted average price calculated from the time you submit the order to the time it completes.
 アルゴリズム取引 Yes Yes Yes No Yes No No No No No No
Volatility
 
A TWS-specific order where the limit price of the OPTion or combo is calculated as a function of the implied volatility.
 高度な取引 No Yes No Yes No No No No No Yes No
VWAP - Best Efforts
 
This IBAlgo achieves the Volume-Weighted Average Price on a best-effort basis, without exceeding the user-defined max percent of daily volume.
 アルゴリズム取引 Yes No Yes No No No No No No No No
VWAP - Guaranteed
 
The VWAP for a stock is calculated by adding the dollars traded for every transaction in that stock ("price" x "number of shares traded") and dividing the total shares traded. By default, a VWAP order is computed from the open of the market to the market close, and is calculated by volume weighting all transactions during this time period. TWS allows you to modify the cut-off and expiration times using the Time in Force and Expiration Date fields, respectively.
 注文の匿名性 Yes No No No No No No No No No No
 
 

シュミレーション注文タイプに関する重要事項

条件付き注文など特定の注文タイプについては、弊社のシステムでシミュレーションをしております。これらの注文タイプでは、市場でカバーしている注文タイプ（市場ネイティブの注文タイプと呼ばれます）と同じ結果が得られるように、IBSmartRoutingシステムにより注文の管理がされております。該当市場で特定の注文タイプが市場ネイティブとしてカバーされていない場合や、IB側でその注文タイプを提供していない場合に、シミュレーションを代用しております。シミュレーションは、実質的なコントロールを目的としておりますが、マーケットデータの提供機関や取引市場などIB以外の第三者機関に問題が生じた際に影響を受ける可能性があります。

弊社では外部データの精査を行い可能な限り約条の質を高めてはおりますが、シミュレーション注文のご利用による「誤った約条」や「約条が付かない」といった状況に対するすべての理由を事前に予測することが出来ません。シミュレーション注文では、以下に挙げられる問題により約条(または約条しない)可能性がありますので予めご了承ください。① マーケットデータの誤りや配信エラー ② IB によるデータのフィルター(一定の優勢な売買価格から乖離した取引データは、誤った約条や時間的に遅れてレポートされた売買情報を反映するものが多い為、弊社ではフィルターを行っております。シミュレーション注文のトリガー価格に影響が生じる可能性があります。) ③ 市場により誤った約条であると判断された取引 ④ マーケットデータの配信停止や中断

シミュレーション注文をご利用の際はシステムの特性や感度をご理解の上お取引頂きますようお願い致します。

 

Any trading symbols displayed are for illustrative purposes only and are not intended to portray a recommendation.

Interactive Brokers LLC is a member of NYSE, FINRA, SIPC