Stock & ETFs Tab Features

Stock symbols and price and volume data shown here and in the software are for illustrative purposes only. Charles Schwab & Co., Inc., its parent or affiliates, and/or its employees and/or directors may have positions in securities referenced herein, and may, as principal or agent, buy from or sell to clients.

Stock & ETFs Tab Features
Title Bar	Enter the symbol you potentially want to trade and click Go or press Enter. The Title Bar is available in several tools, and includes some basic price data as well as the Tool Link Icon. For more on these features see Title Bar.
Order/Position Indicators	This area indicates whether your account has an order or a position in the current security, regardless of security type. Order Status Indicator indicates you have one open order for this symbol in your account. Click the indicator to display a list of all option and equity orders in your account for the underlying symbol. The list shows the details of each order (price, venue, quantity, etc.), order number, and quantity filled. It also gives you quick access links to Cancel, Change, or Add/Edit Brackets for each order. Buttons at the top of the list also allow you to Cancel All [symbol] Equity Orders or Cancel All Open Orders. These actions can also be accessed by right-clicking the Order Status Indicator. For more on changing, canceling, or editing brackets, see Changing or Canceling Orders. Position Indicator indicates you have one position for 100 shares Long (position size does not include option positions) with an average cost basis of 22.31 per share. Click the indicator to display a list of all option and equity positions in your account for the underlying symbol. The list shows each equity position, each option position, unrealized P&L for each, and includes a link to Close Position. Clicking the Close Position link will open a trade window with the quantity pre-filled and Close All selected (you can uncheck Close All and reduce the quantity if you wish). Click Review Order to review the order and then Place Order to send the order.
Trade Ticket	Click the Stocks & ETFs tab to display the Trade Ticket. This is the primary order routing interface in the software and is also available in the Symbol Hub. TIP: You can hide the Trade Ticket by clicking the double arrow tab in the upper right corner. Click again to re-display it. Calculate Shares: Click to calculate the maximum number of shares you can trade based on the dollar amount you specify. See more on Placing Equity Orders and Equity Trading Venues. Trading settings, such as enabling or disabling order verification, default quantities, and commission estimates can be found by right-clicking in the Trade Ticket area and selecting Trade Ticket Settings or under Settings in the main menu. For more information, see Trade Settings.
Estimated Cost	Shows an estimation of the cost or proceeds depending on the number of shares and limit or market price. The estimation does not include commissions or fees unless you specify them in the Trade Settings window. Hover your mouse pointer over the Estimated Cost to open a pop-up with a link to Edit Fee Calculation. You can also access the fee calculations under Settings in the main menu.
Level I	Shows basic quote data for the equity on display. You can specify which data components to display by right-clicking in the Level I area and choosing Level I Settings. Choose the columns to display and their display order. See more on Customizing the Level I Display. TIP: At the bottom of the Level I Settings window, you can also specify whether these settings should apply to all Trade Tools in your layout or just this one.
Market Depth Bid/Ask	Shows the depth of all bids and offers in a stock. Each line shows the market center, the price at which they are bidding or offering, and the number of shares they are making available at that price. Market Depth data is available to you for a fee if you wish to subscribe to the service. However, the fee may be waived if you meet certain eligibility requirements. For additional information, please contact your Schwab Active Trader Team. NASDAQ quotes and ECN quotes are in upper-case and ECN book quotes (when the book is turned on) are in lower-case. Other non-NASDAQ quotes are noted with an asterisk (). Customize:* The Market Depth and Time & Sales display is customizable. To learn more, see Customizing the Market Depth Display. Exchange Codes BSE - Boston Stock Exchange CIN - Cincinnati Stock Exchange CSE - Chicago Stock Exchange NSDQ - NASDAQ NYS - New York Stock Exchange OTC - Over the Counter OTCBB - Over the Counter Bulletin Board PHS - Philadelphia Stock Exchange PSE - Pacific Stock Exchange (ARCA) WCB - Chicago Board Options Exchange BATS -BATS Exchange BATY - BATY Exchange EDGA - EDGA Exchange EDGX - EDGX Exchange
Time & Sales	Shows every trade being reported through NASDAQ and some ECN book trades, as well as the quantity of the trade (parentheses around the quantity indicates an exact amount of shares, usually an odd lot) and the time of the trade. Time & Sales is color-coded: Green: Prints at the inside Ask Red: Prints at the inside Bid Gray: Prints in between the inside Bid/Ask Yellow: Prints above the inside Ask Purple: Prints below the inside Bid Gray Highlight: Inside quote change Customize: The Market Depth and Time & Sales display is customizable. To learn more, see Customizing the Market Depth Display.
News	If you expand your Trade tool window, you will reveal the Breaking News panel of the Stocks & ETFs tab. Click on a story to display it in the preview pane, or double-click on the story to open it in a separate window. You can also right-click and select Open Story to open it in a separate window. To hide the preview pane and see only the Breaking News headlines, right-click and select Hide Preview. TIP: News is also available in its own tool with even more features. Click Open Tools > News to view the News tool.
Cancel Last Order	Will attempt to cancel the most recent open order for the stock loaded in the Trade tool. Check your Messages or Order Status to confirm success of cancel order.
Save for Later	If you create an equity order you want to send at a later time, click Save for Later at the bottom of the order entry screen. The order will save to the Order Status tab of the Account Details tool, where you can right-click on the order and Submit, Edit, or Delete it.

Title Bar

Enter the symbol you potentially want to trade and click Go or press Enter.

The Title Bar is available in several tools, and includes some basic price data as well as the Tool Link Icon. For more on these features see Title Bar.

Order/Position Indicators

This area indicates whether your account has an order or a position in the current security, regardless of security type.

Order Status Indicator

indicates you have one open order for this symbol in your account.
Click the indicator to display a list of all option and equity orders in your account for the underlying symbol.
The list shows the details of each order (price, venue, quantity, etc.), order number, and quantity filled.
It also gives you quick access links to Cancel, Change, or Add/Edit Brackets for each order.
Buttons at the top of the list also allow you to Cancel All [symbol] Equity Orders or Cancel All Open Orders. These actions can also be accessed by right-clicking the Order Status Indicator.
For more on changing, canceling, or editing brackets, see Changing or Canceling Orders.

Position Indicator

indicates you have one position for 100 shares Long (position size does not include option positions) with an average cost basis of 22.31 per share.
Click the indicator to display a list of all option and equity positions in your account for the underlying symbol.
The list shows each equity position, each option position, unrealized P&L for each, and includes a link to Close Position.
Clicking the Close Position link will open a trade window with the quantity pre-filled and Close All selected (you can uncheck Close All and reduce the quantity if you wish). Click Review Order to review the order and then Place Order to send the order.

Trade Ticket

Click the Stocks & ETFs tab to display the Trade Ticket. This is the primary order routing interface in the software and is also available in the Symbol Hub.

TIP: You can hide the Trade Ticket by clicking the double arrow tab in the upper right corner. Click again to re-display it.

Calculate Shares: Click to calculate the maximum number of shares you can trade based on the dollar amount you specify.

See more on Placing Equity Orders and Equity Trading Venues.

Trading settings, such as enabling or disabling order verification, default quantities, and commission estimates can be found by right-clicking in the Trade Ticket area and selecting Trade Ticket Settings or under Settings in the main menu. For more information, see Trade Settings.

Estimated Cost

Shows an estimation of the cost or proceeds depending on the number of shares and limit or market price.

The estimation does not include commissions or fees unless you specify them in the Trade Settings window. Hover your mouse pointer over the Estimated Cost to open a pop-up with a link to Edit Fee Calculation. You can also access the fee calculations under Settings in the main menu.

Level I

Shows basic quote data for the equity on display.

You can specify which data components to display by right-clicking in the Level I area and choosing Level I Settings. Choose the columns to display and their display order. See more on Customizing the Level I Display.

TIP: At the bottom of the Level I Settings window, you can also specify whether these settings should apply to all Trade Tools in your layout or just this one.

Market Depth Bid/Ask

Shows the depth of all bids and offers in a stock. Each line shows the market center, the price at which they are bidding or offering, and the number of shares they are making available at that price.

Market Depth data is available to you for a fee if you wish to subscribe to the service. However, the fee may be waived if you meet certain eligibility requirements. For additional information, please contact your Schwab Active Trader Team.

NASDAQ quotes and ECN quotes are in upper-case and ECN book quotes (when the book is turned on) are in lower-case. Other non-NASDAQ quotes are noted with an asterisk (*).

Customize: The Market Depth and Time & Sales display is customizable. To learn more, see Customizing the Market Depth Display.

Exchange Codes

Time & Sales

Shows every trade being reported through NASDAQ and some ECN book trades, as well as the quantity of the trade (parentheses around the quantity indicates an exact amount of shares, usually an odd lot) and the time of the trade.

Time & Sales is color-coded:

Green: Prints at the inside Ask
Red: Prints at the inside Bid
Gray: Prints in between the inside Bid/Ask
Yellow: Prints above the inside Ask
Purple: Prints below the inside Bid
Gray Highlight: Inside quote change

Customize: The Market Depth and Time & Sales display is customizable. To learn more, see Customizing the Market Depth Display.

News

If you expand your Trade tool window, you will reveal the Breaking News panel of the Stocks & ETFs tab. Click on a story to display it in the preview pane, or double-click on the story to open it in a separate window.

You can also right-click and select Open Story to open it in a separate window.
To hide the preview pane and see only the Breaking News headlines, right-click and select Hide Preview.

TIP: News is also available in its own tool with even more features. Click Open Tools > News to view the News tool.

Cancel Last Order

Will attempt to cancel the most recent open order for the stock loaded in the Trade tool. Check your Messages or Order Status to confirm success of cancel order.

Save for Later

If you create an equity order you want to send at a later time, click Save for Later at the bottom of the order entry screen. The order will save to the Order Status tab of the Account Details tool, where you can right-click on the order and Submit, Edit, or Delete it.