Check to enable order verification before placing or canceling an order. This will give you a chance to review the details of your order before you send it, as well as displaying any notifications or errors resulting from the order settings.
IMPORTANT: If you turn off Order Verification, your orders are immediately submitted without a verification screen, so you will not have the opportunity to review the terms of your order prior to entry and will not see warning or informational messages related to your orders. By unchecking this feature, you accept the associated risks of trading without an Order Verification window and messaging.
You can specify what the software does to the Action selection after you've placed an order or entered a new symbol. You can choose to Clear Action, Maintain Action, or Set Action to "Close" if the symbol has an open position.
for the price fields in the Trade Ticket.The number of seconds that direct ECN & NSDQ orders are live before the system auto-cancels them. A value of 0 disables auto-cancel. The Auto-Cancel is disabled by default.
You have a choice to either specify a default quantity or use the last entered quantity (if one is available).
To use a default quantity, select Always use the default quantity and then select the default Share and Contract values you wish to use.
- Check Use position quantity when applicable if, when you load a stock in which you have an open position into the Trade tool, you want the Share Size field to show the number of shares you hold.
Choosing Use last entered quantity when available will set the default quantity to the size that is currently in the quantity field of the Trade tool. So, no matter what stock you are viewing, the order quantity will not change.
Use these fields to set the equity and option commissions to use when estimating the cost or proceeds that will result from the trade.
You can set commissions per trade or per stock/contract, depending on your commission structure.