Supported Functions by DAS Broker Network, IBKR and Charles Schwab

Function DAS IBKR Charles Schwab
Market Order
Limit Order
Stop Orders
Trigger Orders
OCO Order *✓
Basket Order
Day
Day+
IOC
GTC
GTD (Date)
FOK
At Open Order
At Close Order
AON
ANY
Order Check
Partial Fills
Cancel/Replace
Direct Access Trading *✓
Direct Routing *✓
Trading Restrictions *✓
Hotkeys ^✓
Short List
Short Locate Tool
HFT
Scalping
Fractional Shares
Pre-Market Start Time 4AM ET 4AM ET 7AM ET
Post-Market End Time 8PM ET 8PM ET 8PM ET
Futures
Futures Options *✓
Forex
Options
Complex Options
TSX (Toronto Exchange) Order Entry **✕
INETM/ARCAM

*These functions may be fully supported by DAS first-party brokers, but will work differently with some limitations by each broker. DAS is direct access trading only for first-party brokers. IB (and Schwab) do not natively use our software, which is why a separate subscription is required from our website to use our platform to send orders to them separately. ALL IB and Schwab orders are sent through a gateway to IB (and an API to Schwab) and processed/filled by them. If millisecond latency is an issue, you should consider using a first-party broker that sends orders from DAS directly to the market instead of a third-party broker that must handle all of the orders themselves.

**Due to regulatory concerns, these orders must be placed directly through IB.

^Schwab acknowledgement is above a microsecond delay and so some hotkey orders may get rejected.

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