Interactive Brokers TWS Beta Build 10.30, Trading with New Tools

Interactive Brokers (IB) has announced the release of TWS Beta Build 10.30, marking another milestone in its commitment to enhancing the trading experience for its clients. This latest update introduces a feature, the Option Liquidity Tool, aimed at revolutionizing options trading efficiency and effectiveness.

At the heart of this innovation lies IBUSOPT, an order destination tailored for US equity and index options. With IBUSOPT, clients gain the opportunity to engage with IBKR SmartRoutedTM order flow, facilitating order fills within the National Best Bid/Offer (NBBO). This strategic approach empowers traders with enhanced control over their options trades, fostering better executions and maximizing trading outcomes.

Interactive Brokers TWS Beta Build 10.30, Options Trading with New Tool

The Option Liquidity Tool harnesses the capabilities of IBUSOPT by streamlining the bidding and offering process for selected options. By adhering to client-defined risk parameters, this tool automates trading actions while optimizing liquidity management. Notably, the Option Liquidity Tool is accessible to users equipped with the US Options Bundle, along with Level 3 or Level 4 options trading permissions.

Both retail traders and Advisor Client accounts can leverage the Option Liquidity Tool to elevate their trading strategies and achieve superior results. Accessing this feature is seamless:

• For Classic TWS users, simply navigate to the Trading Tools menu and select Option Liquidity Tool.
• Mosaic users can utilize the New Window drop-down menu, navigate to the Option Tools section, choose Advanced Option Tools, and then select Option Liquidity Tool.

With the introduction of the Option Liquidity Tool, Interactive Brokers continues to redefine the industry of options trading, empowering traders with innovative tools to navigate dynamic markets with confidence and precision. As the brokerage industry evolves, IB remains at the front, delivering solutions to meet the diverse needs of traders worldwide.

Company Overview

Interactive Brokers caters to diverse requirements, offering competitive fees alongside a wide array of trading options such as stocks, ETFs, options, futures, and various other assets spanning the globe. It distinguishes itself as a top-tier brokerage, particularly appealing to traders and investors seeking a straightforward trading experience. With Interactive Brokers’ user-friendly platform, users can execute trades seamlessly, benefiting from competitive spreads that enhance cost-effectiveness. 

Discover more in our Complete Review.