Create an Order from Market View
You can create an order from the market data by clicking the Bid or Ask price, or you can use the Orders tab and select an underlying. You may create orders for contracts that do not appear on the Market page. WebTrader supports Limit, Market, Stop, and Stop Limit orders. In addition, you can add order attributes of Trailing Stop, Discretionary and Bracket to expand the order types.
Create an order from the market view page
Click the Bid price to create a Sell order, click the Ask price to create a Buy order.
In the Create Order box, modify any necessary parameters including:
Action - Buy or Sell.
Quantity - number of units in the order.
Limit Price - for Limit and Stop Limit orders.
Election Price - for Stop and Stop Limit orders, the price that must be penetrated to initiate the order.
Order Type - Limit, Market, Stop or Stop Limit orders.
TIF - Day, GTC. A Day order continues to work until it executes or the market closes. GTC (good 'til cancelled) order continues to work until it executes or is cancelled.
Exchange - select SMART to get the best execution, or choose to direct-route to a single exchange by choosing from the list.
NOTE: In conjunction with a Limit order, you can add an order attribute by checking the box under the order, for Discretionary, Attach Trailing Stop or Create Bracket order.
Check Fill Outside Regular Trading Hours to allow the order to fill or trigger outside of regular hours (as well as during regular trading hours) if the order is eligible to do so.
Click Preview Order. If all order parameters are correct, click Place Order. Otherwise, click Modify on the Order Preview bar and modify the necessary parameters.