Please review the video below for instruction on how to place a trade using the Trade Ticket window. Popular trade ticket terminology and definitions can be found below the video.
List of Order Entry Fields
Side - Buy, Sell, or Sell Short.
Quantity - Number of shares to trade in the order.
Symbol - Stock symbol you wish to trade.
Price offers several options, including Bid, Ask, MKT, and Last. You can always manually type in a price. If you select Bid, Ask, or Last, you can offset by clicking the up or down arrows next to the Price field.
Account – If you have multiple accounts you can select from them here.
Destination – The Simulator offers direct access trading. Consult your broker for routes available.
Commission - If available, the commission plan charged on the trade.
Trader - The Trader ID of the user placing the trade. By default this can't be manipulated.
Price Type – You can select stop orders or market-on-close orders.
Time In Force – Select Day orders. GTC, Opening, Extended hours (post-market), etc. are Not available at the moment. Use DAY for all your orders and it should work in all Situations except it will expire at midnight everyday.
Currency - Currency the listed security trades in. By default this field will be greyed out.
Pref - Not a functional field anymore. We'll remove it one of these days.
AON - All Or None.
DNI - Do Not Increase. In the event of a dividend or split, do not increase the number of the shares in the order.
DNR - Do Not Reduce. In the event of a dividend, do not reduce the limit price of the order.
Solicited - When checked, orders sent are marked as Solicited. This checkbox is strictly controlled and generally not available to individual end-users.
These definitions are provided with help from our friends at SterlingTrader. Still have questions? Please reach out to our Support Team, and we'd be happy to help.