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1/10 Cent Orders

Description

Orders for 1/10 cent may be submitted for the following:

  • Securities trading < $1

  • QQQ's

  • OTC securities

Only INet accepts 1/10 cent orders natively. For orders that are routed through IB Smart but that do not execute on INet, the bid price is rounded down to the nearest decimal place, and the ask price is rounded up.

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