Order Ticket Window

Select from the available fields to create an order. The fields are context-sensitive, which means that only valid selections will be active. For example, if you select "Stock" as the security type, any fields specific to options and futures will be grayed out (inactive). If you select "Option," the option fields, including the expiry, strike price and right (put or call) will become active.

To remove tabs and view all fields on a single large page, select the Comprehensive view.

Field

Description

Notes

Contract radio button

Select Regular to create a single contract order.

Select Combo to modify the interface and create a combination strategy or spread order.

You will only see this field if you open the order ticket independent of a market data line. to do this, right click in a blank line and select Order.

Underlying

Displays the asset's underlying ticker symbol.

 

Exchange

The default routing destination for the contract.

To route your order to a different exchange, use the Destination field in the Order Description section.

Primary Exchange

To clarify any ambiguity for Smart-routed contracts, include the primary exchange, along with the Smart designation, for the destination.

 

Security Type

Select the instrument type.

 

Prem. Currency

Select the currency delivered against the purchase of the underlying currency.

 

Exp. date

The option's expiration date.

 

Strike

The option's strike price.

 

Option Type

Select the option type.

 

Action

Choose Buy or Sell

 

Order Type

Select an order type. Valid order types are determined by the underlying, exchange and security type selected.

 

Quantity

The number of units in the order.

 

Display size

Enter a display size to create an Iceberg order.

 

Min. Quantity

Enter the minimum quantity that must be available for the order to execute.

For options routed through Smart.

Limit Price

Enter the limit price for Limit, Stop Limit and

 

Aux. Price

For Stop and Stop limit orders, this is the Stop election price.

For Options relative to stock orders, this is the starting price.

For trailing stop orders, this is the trailing amount.

 

Percent Offset

For Relative orders, sets the offset amount based on a percentage of the bid price for Buy orders or the Ask price for sell orders.

 

Discretionary Amount

The amount off the limit price at which the order is still eligible to execute.

Enter an amount to create a Discretionary order.

Auction Strategy

For Pegged to Stock orders, select from Match, Improve or Transparent.

Available for options orders routed to BOX. For details see the Pegged to Stock order topic.

Improvement Cap

Set a cap on the price improvement amount.

For pegged to Stock orders on BOX

Destination

Specifies the order destination.

Defaults to the value in the Exchange field. Only editable for orders initiated from a market data line.