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Order Entry

Here are some notable features in the Order Entry ticket.

  • Real-time streaming bid and ask quote of the selected symbol
  • Real-time cash and buying power positions of the selected account
  • Icons that show your current positions and open orders for the related symbol
  • Easily switch between placing a stock, option or strategy order with the Multi-functional order ticket
  • Ability to add Profit Taker, Stop Loss, and/or Conditional Order in just one click
  • Easily select from a wide range of preset option strategies
  • Automatically Follow the Bid or Ask price, so you no longer need to update your limit price based on market movements.

  1. Real-time cash and buying power are displayed for the selected account
  2. Multi-asset trade ticket allows you to quickly switch from Stock(STK), Option(OPT), or Option Strategy(STG)
  3. Icons will appear showing your current account Holdings(H) and Open Orders(O) for the related symbol. Simply click the icons to view this information. Click away to close the window.
  • For example, if you select TD as your symbol, icons will appear if you have any holdings and/or open orders related to TD. This includes all related equity, and multi-leg options.
  1. Real-time streaming Bid and Ask quote of the selected symbol for both options and equities.
  2. Plus and Minus selector allows you to quickly increase or decrease the quantity. The quantity field also works with your mouse wheel. Scroll up to increase, and down to decrease.
  3. You can now select Follow Bid Price and Follow Ask Price. Simply click on the lock drop down icon to switch between the options.
  4. Check off one of the boxes to add a Profit Taker or Stop Loss. Please see picture below for a sample Profit Taker.
  5. Check off one of the boxes to add a Conditional Order. Please see picture below for a sample Conditional Order.

Here is a closer look at Attach Profit Taker/Stop Loss order

  1. Enable Attach Profit Taker/Stop Loss ticket by checking the box
  2. Check off either ‘Attach Profit Taker’ or ‘Attach Stop Loss’. You can also attach both orders to create an One Cancels Other (OCO) order.
  • One Cancels Other (OCO): This will place two simultaneous orders but only one will be sent for execution depending on which price is triggered first.

In this example, we are attaching a profit taker. We are placing an initial buy order of 100 TD shares at $70 and a profit taker order to sell 100 TD shares if and when they hit $75.

  1. The preview button will be clickable once you’ve filled out all the required inputs.

Here is a closer look at a conditional order ticket.

  1. Enable Conditional Order ticket by checking the box
  2. From the drop down menu, select the type of Conditional Order:
  • One Cancels Other (OCO): This will place two simultaneous orders but only one will be sent for execution depending on which price is triggered first.
  • One Triggers Another (OTA): The second order will only be sent for execution after the first order is filled.
  • First Triggers One Cancels Other (FTO): Once the first order is filled, only then will the OCO order be triggered.

Click the wrench icon to customize the default input values when attaching conditional orders.

  1. You will see a visual representation of the relationship between the orders. In this example we are describing an OCO order.
  2. The preview button will be clickable once you’ve filled out all the required inputs.

Here is a closer look at a Strategy Option Order ticket.

  1. Select STG to place an Option Strategy Order.
  2. A dropdown menu will appear for you to select from a wide range of preset option strategy orders.
    • You can select from 25 predefined multi-leg option strategies or create your own custom option legs.
  3. Fill out all the input fields of the first option leg. Thanks to smart-fill logic, the input fields for the second option leg will automatically change according to the first option leg.
  4. Select the price type: Market, Limit – Net Debit (DR) / Net Credit (CR) or Even.
  5. The preview button will be clickable once you’ve filled out all the required inputs.