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Simplified TWS: Trade Menu

Menu Command Description

Buy

Creates a buy order for the selected contract; opens the order ticket when used from a blank line.

Sell

Creates a sell order for the selected contract; opens the order ticket when used from a blank line.

Close Selected Positions

Submits a closing order for all selected positions. Choose to close:

    50% of each selected position

    100% of each selected position

    A customer percentage of each selected position.

Note that orders are transmitted instantaneously.

Close All Positions

Submits closing orders for all or a specified percentage of your open positions usng the Close Position dialog box. Note that selecting OK immediately sends closing orders for the positions.

RFQ

Use to request market data for instruments not showing data, or to get a size quote.

Check Margin Impact

Shows a preview of the created order and how it would affect your margin requirements.

Transmit

Transmit the selected order(s), all of you orders, or all of the orders on the current page.

Pause Execution

Submits a cancel request on the selected orders, all of your orders, or all of the orders on the current page. Leaves the order line on the page for quick re-transmittal.

Cancel

Submits a cancel request on the selected orders, all of your orders, or all of the orders on the current page.

Modify Multiple Orders

Define parameters to automatically update the order type, time in force, limit price (with or without a limit offset) for one or multiple orders. Additionally, specify a validation procedure to be used when attributes are not applicable to all orders.

Save Orders as Basket

Saves the selected group of orders as a basket file that can be accessed via the BasketTrader.

Option Exercise

Opens the Option Exercise window where you can exercise an option prior to expiration.