place_order

Place a new order.

Server Ib Async nadavgb-atom/ib-async-mcp
Category Financial
Risk class Critical
Parameters 00 required

What place_order does on Ib Async

AI agents use place_order to commit financial operations through Ib Async — usually the final step of a payment, billing, or trading workflow. A call moves real money.

Why place_order needs a policy

Placing a new order directly commits a financial transaction through Interactive Brokers, potentially buying or selling securities for real money. Misuse could result in significant unintended financial obligations or losses, making this a critical Financial category tool.

From the tool's definition "Place a new order" on a server that "execute or monitor trades through TWS or IB Gateway"

Questions about place_order

What does the place_order tool do? +

Place a new order. It is categorised as a Financial tool in the Ib Async MCP Server, which means it involves financial transactions. Block by default and require explicit approval.

How do I enforce a policy on place_order? +

Register the Ib Async MCP server in PolicyLayer and add a rule for place_order: allow, deny, rate-limit, or require approval. Point your MCP client at the PolicyLayer proxy URL and the rule is enforced on every call, before it reaches Ib Async. Nothing to install.

What risk level is place_order? +

place_order is a Financial tool with critical risk. Critical-risk tools should be blocked by default and only enabled with explicit human approval.

Can I rate-limit place_order? +

Yes. Add a rate_limit block to the place_order rule in your PolicyLayer policy. For example, setting max: 10 and window: 60 limits the tool to 10 calls per minute. Rate limits are tracked per agent session and reset automatically.

How do I block place_order completely? +

Set action: deny in the PolicyLayer policy for place_order. The AI agent will receive a policy violation error and cannot call the tool. You can also include a reason field to explain why the tool is blocked.

What MCP server provides place_order? +

place_order is provided by the Ib Async MCP server (nadavgb-atom/ib-async-mcp). PolicyLayer sits as a proxy in front of this server to enforce policies before tool calls reach the server.

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