Placing Book Only Orders
This option restricts the destination you choose in the direct routing drop-down from re-routing your order to another destination. This type of order is useful in controlling your execution costs by avoiding fees the Exchanges can charge for rerouting your order to another market center.
This Advanced setting is available only with specific Equities order routes.
- From the Trade Bar, click Advanced.
- Select the route (only Exchanges support this setting).
- Place a check mark next to Book Only.