Place a Trade in IBKR ForecastTrader

Instructions

To place an Event or Forecast Contract trade, please take the steps outlined below.

  1. On the ForecastTrader window, click the Markets tab and use the search bar to type a description of the product (e.g. "cons" for consumer price index, "fed" for fed fund rate, etc).

    • Alternatively, click a contract populating on the home screen to buy or sell.

    The IBKR ForecastTrader window search.

  2. Click on an Event or Forecast Contract from the Search results. A new screen will populate with additional information on the contract. Click Yes to Buy or No to Sell in the top right corner.

    Select yes or no in IBKR ForecastTrader

  3. The Order Ticket will populate on the right hand side of the page. Enter the Order Parameters and click Preview.

    The order ticket in ForecastTrader

  4. A preview of your order will populate on the screen. Press Transmit Buy Order or Transmit Sell Order to place this order.

    The ForecastTrader order preview

  5. To navigate back to TWS, select the Close IBKR ForecastTrader button at the top of the page. Please note, you will not need to log in and out to navigate between screens.

  6. A pop-up will appear stating "Your trading session has been transferred to IBKR ForecastTrader". To keep live data on the IBKR ForecastTrader window, do NOT press Connect. To switch live data over to regular TWS, select Connect.

    The trading session pauused pop-up in TWS.

 

Additional Resources

Learn about IBKR ForecastTrader at IBKR Campus

Visit the IBKR ForecastTrader Website