Interactive Brokers’ mobile app offers post-trade improvements

Maria Nikolova

Post-trade improvements let users of the mobile app immediately see the status of recently submitted orders.

Online trading major Interactive Brokers has just rolled out a new version of its mobile app for Android-based gadgets.

The latest release of the solution comes with post-trade improvements that let traders immediately see the status of recently submitted orders, along with next-step action buttons and other relevant information like Modify, Cancel, Create Alert, News and more.

Also, users of the app can easily manage risk by setting up an Exit Strategy on working orders or current positions. For a working order, tap the Exit Strategy button (or tap a working order and select Exit Strategy). For current positions, tap the Exit Strategy button in Quote Details.

Let’s recall that, the preceding version of the solution made it easier to find a product to trade. Smart filtering with type-ahead technology lists the best-matching products as you start to type a symbol or company name, prioritizing those for which you have trading permissions. Tap a product to add it to your screen.

Interactive Brokers has been regularly updating its mobile app. The app release made available to traders in February 2020 introduced a raft of enhancements, such as allowing traders to view TipRanks Ratings and Sentimental Analysis by opening Quote Details for a stock and expanding Analyst Reports. Tap Show More, then select TipRanks Analyst Ratings or TipRanks Sentiments.

Also, traders who primarily use Limit and Market orders can speed up the order entry process with Interactive Brokers’ new simplified order ticket. In the Order Ticket tap “Fewer Options” and the app will show you only what those fields and options you need to see. You can view hidden attributes at any time by tapping “Show More Options” at the bottom of the Order Ticket.

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