IB will attempt to route hidden orders to exchanges that support the order type natively. If there are no exchanges available with native support of hidden orders, IB may simulate a hidden order by holding the order and submitting an Immediate or Cancel order to an exchange when the order becomes marketable.
Although IB will attempt to handle a hidden order in the same way that it would be handled natively on an exchange, there exists a remote possibility that an execution will be delayed or may not take place. Execution of hidden orders is on a best-efforts basis.
Pursuant to Part 7.8A of the Corporations Act 2001, Interactive Brokers Australia Pty. Ltd. has prepared the following target market determinations relating to certain financial products for which it is deemed to be the issuer. Our Target Market Determinations are located here: Target Market Determinations.
Product Disclosure Statements are also available for each of these products. If applicable, you should carefully consider these Disclosures in deciding whether to acquire, or to continue to hold, the relevant financial product.