Use the Rebalance Portfolio tool to redistribute the current position weighting in your portfolio. Specify a new "Target Percentage" for your positions and let TWS automatically create orders that, when submitted, will attempt to execute trades to keep your portfolio in line with your investment strategy.
Use the Account panel to determine the account or group of accounts that will be affected by the rebalance portfolio process. Individual users will see their single account. Advisors and other multi-account users will have an Account drop down selector where they can choose all accounts, choose one account, or create a group with specific accounts included, and then select the group.
Use the Contracts panel to change the position weighting of individual positions in your portfolio.
Check the "Armed" checkbox to transmit orders instantaneously when you click the Transmit All button. Otherwise you will received a confirmation message before all orders are transmitted. Other buttons allow you to:
The Trading panel lets you see all un-submitted orders, trades and trade logs.
For each position, reset the Target% until the weighting of all positions meets your desired amount. You may also open positions at this time by simply entering a contract symbol into a blank row as you would in the main trading window.
Select Create Rebalance Orders to have the system automatically model the new portfolio structure. A trading panel will display the order details. Modify the order parameters as needed and transmit the orders. Selecting Transmit All will execute all orders specified by the Rebalance Portfolio. Click Cancel All Orders to cancel your submitted orders and discard un-transmitted orders.
Interactive Brokers Canada Inc. is a member of the Investment Industry Regulatory Organization of Canada (IIROC) and Member - Canadian Investor Protection Fund. Know Your Advisor: View the IIROC AdvisorReport. Trading of securities and derivatives may involve a high degree of risk and investors should be prepared for the risk of losing their entire investment and losing further amounts. Using borrowed money to finance the purchase of securities involves greater risk than using cash resources only. If you borrow money to purchase securities, your responsibility to repay the loan and pay interest as required by its terms remains the same even if the value of the securities purchased declines. Interactive Brokers Canada Inc. is an order execution-only dealer and does not provide investment advice or recommendations regarding the purchase or sale of any securities or derivatives. Our registered office is located at 1800 McGill College Avenue, Suite 2106, Montreal, Quebec, H3A 3J6, Canada.
Know Your Advisor: View the IIROC AdvisorReport