IBKR Time-in-Force: DAY, GTC, and GTD
A practical reference for choosing DAY, GTC, and GTD time-in-force settings in IBKR order workflows.
IBKRTime in forceDAYGTCGTDOrders
Why time-in-force matters
Time-in-force controls how long your order stays active and can materially change execution outcomes.
Treat TIF as a first-class risk parameter, not an afterthought.
Quick reference
- DAY: valid only for the current trading day/session.
- GTC: remains active until filled or canceled (subject to broker/exchange rules).
- GTD: active until a specific expiration date/time.
Example
python
from ib_insync import LimitOrder
day_order = LimitOrder("BUY", 5, 180.00, tif="DAY")
gtc_order = LimitOrder("BUY", 5, 178.00, tif="GTC")
gtd_order = LimitOrder("BUY", 5, 176.00, tif="GTD", goodTillDate="20260610 15:59:00 US/Eastern")
print(day_order.tif, gtc_order.tif, gtd_order.tif)Status: PublishedFree article0 comments (thread persistence moves to PostgreSQL phase)
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