How to Place Basic Orders

Orders may be placed from several different components. This article will focus on placing basic orders. To view complex orders or algo orders, see How to Place Advanced Orders.

The Ladder is most commonly used for placing orders on futures and future spreads. See this video on placing orders in the Ladder

The Depth Ticket is used for placing orders on Equities. See this video for more detail.

These components can be used to place orders on individual options and option spreads. Please view the individual articles for Option Chain and Option Strategies for more detail, and view this video for examples.

You can open an order ticket directly from Hot Watch for any instrument you have added.

• Bid: A single left click on the Bid will open a floating Order Ticket pre-populated as a Sell order at the displayed Bid price. This is most commonly used to quickly hit the Bid on the selected instrument.

• Ask: A single left click on the Ask will open a floating Order Ticket pre-populated as a Buy order at the displayed Ask price. This is most commonly used to quickly lift the Ask on the selected instrument.

• BSz: A single left click on the BSz (Bid Size) will open a floating Order Ticket pre-populated as a Buy order at the displayed Bid price. This is most commonly used to join the Bid in the market.

• ASz: A single left click on the ASz (Ask Size) will open a floating Order Ticket pre-populated as a Sell order at the displayed Ask price. This is most commonly used to join the Ask in the market.

See this video on how to enter orders from Hot Watch