QuantConnect / QuantConnect/Lean

Add Support for Limit on Close Order

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#7,133 0 comments 0 reactions 0 assignees View on GitHub

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feature live-trading
Dominant language
C#
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Forks
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Avg merge
2d 22h
Merged PRs (30d)
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Description

Expected Behavior

A Limit-on-close (LOC) order will be submitted at the close and will execute if the closing price is at or better than the submitted limit price. (source: https://www.interactivebrokers.com/en/index.php?f=591)

Checklist
  • I have completely filled out this template
  • I have confirmed that this issue exists on the current master branch
  • I have confirmed that this is not a duplicate issue by searching issues
  • I have provided detailed steps to reproduce the issue

Contributor guide

Open the contributing guide

First steps

  1. Read the whole issue, then the project's contributing guide.
  2. Comment on the issue to say you are picking it up — it saves two people doing the same work.
  3. Fork the repository and make your change on a branch.
  4. Open a pull request that references the issue number.

Research direction

The issue names no files, tests, or entry points. Start by locating the existing close-order and limit-order handling, then identify the relevant tests; done means a limit-on-close order submits at the close and executes only when the closing price is at or better than its limit price.

Written by the indexing model from the issue text.

Assessment

Tech stack
csharp
Domain
backend, fintech-quant
Issue type
Feature
Difficulty
4/5
Estimated time
3-5 days
Activity status
Stale
Clarity
Needs clarification
Newbie friendliness
25/100

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