I have a question: are Limit on Close (LOC) orders automatically converted to Limit (LMT) orders with a GTD expiry? That's what is appearing to happen in the code, screenshot below for reference.
![[Image: LOC-order.png]](https://www.linkpicture.com/q/LOC-order.png)
I would like the order for SEM to only execute on the close at a price of 27.15 or better. Is there a way to ensure that only a LOC order is sent to IB and not an intraday limit order?
This is only so that I can match my trading performance with backtested data. I am assuming I am doing something wrong with my settings, thanks.
Deb
I would like the order for SEM to only execute on the close at a price of 27.15 or better. Is there a way to ensure that only a LOC order is sent to IB and not an intraday limit order?
This is only so that I can match my trading performance with backtested data. I am assuming I am doing something wrong with my settings, thanks.
Deb