Order Quantity Settings

Customizing your Order Quantity defaults may help save time and reduce errors when placing orders.

Set up default order quantities in the Settings menu under the Trading tab and then the Order Quantity sub-tab.

NOTE: Default quantities do not apply to orders entered via Hot Keys or when closing a position if you have Use position quantity with closing action checked.

Order Quantity

You have a choice to either specify a default quantity or use the last entered quantity (if one is available). You can also assign default quantities to specific symbols.

• Max equity order quantity you can submit a new order for will set the maximum number of shares allowable for a NEW order.
• 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.
• Choose Use the default quantity to use the default Share and Contract values you specify. *Does not apply to orders entered via Hot Keys or when closing a position if you have Use position quantity with closing action checked.
• Override the default quantity with the position quantity when closing a position by checking Use position quantity with closing action. If checked, when you load a stock in which you have an open position into the Trade tool, the Quantity field will show the number of shares or contracts you hold.

Symbol Default Quantity

Add default share or contract quantities for up to 100 securities. When you load any of these securities in a trade ticket, the specified default quantity will populate the Quantity field automatically.

• Add or Update a symbol by entering the stock symbol (or underlying symbol for options), number of shares or contracts, and clicking Add/Update.
• Delete a symbol by clicking the X at the end of the row for that security.