Placing a SmartEx Order

1. Enter the symbol in the symbol field and press Enter on the keyboard
2. The symbol field background should be white. (If it’s blue, the window has not been updated with the quote information for the new symbol. To make the symbol field background white, press Enter on your keyboard.)
3. If necessary, change the quantity using the arrow buttons or the following keyboard keys:
• Up/Down keys to increase or decrease in increments of 500
• Left/Right keys to increase or decrease in increments of 100
• Shift + Up/Down keys to increase or decrease by 10
• Or click in the quantity field and type the number of shares or contracts.

TIPS:

• You can also click the $ button and enter a dollar value to see how many shares you could trade for that amount.
• To set the default quantity to a different amount go to Settings > General > Orders > Quantity in the Trading window menu.
• Fractional shares: When exiting a position, the sell order quantity must include a whole number with the fraction. Stand-alone fractions are not allowed. Also, the fractional part of the quantity must match the position fractional quantity held so as to not leave a fractional position.

4. Choose whether to place a Limit, Market, or Trailing Stop Order Type.
5. If placing a Limit order type, click on a price level in the Level II area of the Trading window to set the price.
6. If placing a Trailing Stop order, enter the number of points or the percentage for the trailing stop.
7. If necessary, change the Price using the arrow buttons or click in the Price field and use the following keyboard commands:
• Up/Down keys to increase or decrease by .05
• Left/Right keys to increase or decrease by .01
• Shift + Up/Down keys to increase or decrease by .005
8. Select the session in which you wish to trade from the order routing field: SmartEx.
9. For SmartEx and extended hours orders the Time in Force (TIF) will always default to Day. If you wish to use a different TIF check the Spec Cond & Brackets checkbox.
10. You can check the Spec Cond & Brackets box to set any additional order qualifiers. This will require one more window to be reviewed prior to the Order Verification window where you can set up special conditions or add Brackets to the order.
11. To sell your entire position, check the Close All box. The quantity will default to the shares you have available to sell. When checked, the quantity will become shaded. See the Close All topic for more information.
12. Once the Order Entry fields are set up to reflect the attributes you want, choose your action: Buy, Sell, Short, or Save.
13. If Order Verification is enabled in the Trading window Settings > General window, you will be asked to verify the details of your order before it is sent.
14. Click Place Order to submit the order or Do Not Place Order to cancel your action.