1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.

Varied options to make online trade easier

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

  1. drase

    drase New Member

    Joined:
    Jan 24, 2010
    Messages:
    1
    Likes Received:
    0
    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
     
Loading...

Share This Page