Trade with BookTrader

To trade with BookTrader, click the Bid Size or Ask Size at a certain price level in the price ladder. The first time you submit an order, you will be asked to confirm the order parameters. In this box you have the option not to show the confirmation box again, and if you elect this option your orders will transmit instantaneously from that point forward.

Default mouse actions are described below. You can modify the default settings that control how orders are handled using the Settings page in BookTrader configuration.

By default, the option to Use context cursors in armed mode is activated on the BookTrader Settings configuration page. This feature displays helpful order-related information when you hold your cursor over the Bid Size or Ask Size field in the price ladder.

1 - Default Size: The default size comes from the Order Preset, but can be changed here and will apply to all orders sent from the BookTrader during the current trading session. When you close BookTrader the order size is lost.

2 - Armed: Arm to activate instantaneous order transmission.

3 - Others: Click to include deep data in the BookTrader price ladder.

To Create a SELL Limit Order in BookTrader

  1. In the price ladder, click the Ask Size at the desired price level.

  2. A limit order is created at the selected price level. You can manage the transmitted order from the Orders panel at the top of the price ladder.

To Create a BUY Limit Order in BookTrader

  1. In the price ladder, click the Bid Size at the desired price level.

  2. A limit order is created at the selected price level. You can manage the transmitted order from the Orders panel at the top of the price ladder.

Use the BookTrader Quantity Multiples to create a series of quick-click buttons at different size multiples of the default order quantity.

BookTrader Default Click Actions

The bullets below define the mouse click actions based on where you click:

  • Click on any Bid size to create a Buy Limit order at the selected price.

  • Click on any Ask size to create a Sell Limit order at the selected price.

  • Right-click on any Bid size to create a Buy Stop order.

  • Right-click on any Ask size to create a Sell Stop order.

  • Hold the Alt key and click on any Bid or Ask size to create a Bracket order.

Note: The default click actions do not apply IF you have selected one of the BookTrader Order Type Select buttons.

*You will see order buttons only if you have selected "Show separate status column for each order" in the BookTrader Settings configuration page.

For details on all system-configured BookTrader shortcuts, open the BookTrader Hotkeys window in Global Configuration.

Default order information comes from the active order presets for the contract or instrument. For information on using presets, see the Configure Order Defaults and Presets topic.