Interactive Brokers offers two ways to route your orders when buying or selling stocks: SmartRouting and Direct Routing. While SmartRouting typically finds the best overall price for your order, you might prefer to send your order directly to a specific exchange.
In the direct route, some exchanges might offer higher liquidity or even give you discounts for sending your orders there.
In this lesson you will learn about the benefits of direct routing functionalities, even though there are ways to route your orders, so at the end you will be able to make a decision based on your goals and preferences.
By following these steps, you can take more control over where your orders are routed within the Interactive Brokers TWS Mosaic platform.