Simplified TWS Trade Menu

Instructions

The Simplified TWS Trade Menu consists of edit options including Buy, Pause Execution, Modify Multiple Orders, etc.

The simplified TWS trade menu

Menu Command Description
Buy Creates a buy order for the selected contract; opens the order ticket when used from a blank line.
Sell Creates a sell order for the selected contract; opens the order ticket when used from a blank line.
Close Selected Positions

Submits a closing order for all selected positions. Choose to close:

  • 50% of each selected position

  • 100% of each selected position

  • A client percentage of each selected position.

Note that orders are transmitted instantaneously.

Close All Positions Submits closing orders for all or a specified percentage of your open positions usng the Close Position dialog box. Note that selecting OK immediately sends closing orders for the positions.
RFQ Use to request market data for instruments not showing data, or to get a size quote.
Check Margin Impact Shows a preview of the created order and how it would affect your margin requirements.
Transmit Transmit the selected order(s), all of you orders, or all of the orders on the current page.
Pause Execution Submits a cancel request on the selected orders, all of your orders, or all of the orders on the current page. Leaves the order line on the page for quick re-transmittal.
Cancel Submits a cancel request on the selected orders, all of your orders, or all of the orders on the current page.
Modify Multiple Orders Define parameters to automatically update the order type, time in force, limit price (with or without a limit offset) for one or multiple orders. Additionally, specify a validation procedure to be used when attributes are not applicable to all orders.
Save Orders as Basket Saves the selected group of orders as a basket file that can be accessed via the BasketTrader.
Option Exercise Opens the Option Exercise window where you can exercise an option prior to expiration.

 

Additional Resources

Learn About Trader Workstation at IBKR Campus

Visit the Trader Workstation Website