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Varied options to make online trade easier

Discussion in 'Forex Discussions' started by drase, Jan 24, 2010.

  1. drase

    drase New Member

    Jan 24, 2010
    Likes Received:
    When you enter into the stock trade online platforms offer a host of common options. The following aspects help you to trade with ease.

    Market by Price (MBP): It enables the broker to view aggregate orders waiting in the book at given prices.

    Previous Trades (PT): It provides information to brokers for their own trade.

    Outstanding Orders (OO): A broker views his/her own outstanding buy or sell orders for a security.

    Activity Log (AL): Activities performed on the broker’s orders include:
    • Displaying information of orders in which some activity has taken place.
    • Does not display orders, which have entered the books but have not been matched (fully or partially) or modified or cancelled

    Order Status (OS): The following information is displayed:
    • Current status of a specific order
    • Current status of the other orders
    • Details of orders traded

    Market Inquiry (MI): This provides the current market statistics, for example:
    • Last traded price change indicator
    • Last traded quantity, date and time
    • Market movement
    • Most active securities
    • Net position
    • Open, high, low
    Previous close

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