This menu bar represents the same menu bar found when you're logged into our Account & Trading platform.
To view the details of each section, please select/click the desired menu choice.

The TRADE Menu Tab
[The Trade menu has 5 choices: Place Order, Download Firetip, Working Orders, Filled Orders & Order Status.]

Place Order Tutorial

The Place Order menu has 5 menu tabs to accomodate the type of order being placed...

Choose ' Futures Order ' to enter a new futures order. The Futures Order screen will appear and is made up of a series of pop-up fields to choose the parameters of your order. Please keep in mind, the price must be entered in the format as it is quoted from the exchange. For example, the grain markets are quoted in fractions. The duration of the order will always default to a Day order which expires at the close of the trading session if it does not fill. You can create an open / Good Till Canceled (GTC) order by selecting GTC for the duration. A GTC order will continue to work until the order is filled, you cancel it or the contract expires. Certain markets, such as Soybeans or the Euro Currency, have both a pit traded contract and an electronically traded contract. If you would like your order placed on the electronic exchange, choose the non pit, electronic exchange commodity name from the Contract list.

Once you have completed your order, click on the 'Preview' button to verify your order. The following screen will appear displaying the order you've just created as well as the most up-to-date, current market price information. If the order is acceptable to you, click the 'Submit' button and your order is immediately routed to the appropriate exchange. Important: only click the Submit button once to avoid multiple orders.

A new screen will appear verifying your submission and your ticket number for the order.

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Choose ' Options Order ' to place a futures options order. A series of pop-up fields will appear to assist you in placing your order. The 'Strike' field is where you will enter the strike price of the futures option you would like to trade. The strike price must be in the same format as quoted though our quote system. Next, choose if the option is a Call or a Put. For the price field, enter the premium price, if applicable, in the same format as quoted through our system. Choose your order type and then choose 'Open' if this order is Opening a new options position or 'Close' if Closing an existing, open options position. Please note: the Open/Close field is for internal accounting purposes only as commissions are not assessed on closing option positions. Choose the duration of you order for either a Day order or GTC (Good Till Canceled).

Click the 'Preview' button to verify your order. The preview screen will show you your order as well as the current price of the option you are trading. If the order is acceptable to you, click the 'Submit' button and your order is immediately routed to the appropriate exchange. Important: only click the Submit button once to avoid multiple orders.

A new screen will appear verifying your submission and your ticket number for the order.

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Choose ' Futures Spread ' to enter a new futures spread order. The Futures Spread Order screen will appear and is made up of a series of pop-up fields to choose the parameters of your order. Typically, spread orders are made up of 2 sides or "Legs" but some more complex spreads can incorporate 3 Legs. Next, you will enter a price, if applicable, and must be entered in the format as it is quoted from the exchange. The price will represent the difference in the prices of the 2 contracts chosen. If entering a price, choose the type of order desired. The Premium section must be set to the Leg of the spread that has the highest price value. Additionally, the Leg with the highest price must also be entered into Leg 1. The duration of the order will always default to a Day order which expires at the close of the trading session if it does not fill. You can create an open / Good Till Canceled order by selecting GTC for the duration. A GTC order will continue to work until the order is filled, you cancel it or the contract expires. Certain markets, such as Soybeans or the Euro Currency, have both a pit traded contract and an electronically traded contract. If you would like your order placed on the electronic exchange, choose the non pit, electronic exchange commodity name from the Contract list.

Once you have completed your order, click on the 'Preview' button to verify your order. The following screen will appear displaying the order you've just created as well as the most up-to-date, current market price information for the contracts you've chosen. If the order is acceptable to you, click the 'Submit' button and your order is immediately routed to the appropriate exchange. Important: only click the Submit button once to avoid multiple orders.

A new screen will appear verifying your submission and your ticket number for the order.

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Choose ' Options Spread ' to enter a new options spread order. The Options Spread Order screen will appear and is made up of a series of pop-up fields to choose the parameters of your order. Typically, spread orders are made up of 2 sides or "Legs" but some more complex spreads can incorporate 3 Legs. Enter the desired strike prices and whether the option is a Call or Put. Choose 'Open' if you are creating a new spread position, choose 'Close' if you are liquidating an existing, open options spread position. Next, you will enter a price, if applicable, and must be entered in the format as it is quoted from the exchange. The price will represent the difference in the prices of the 2 option premiums chosen. If entering a price, choose the type of order desired. The Premium section must be set to the Leg of the spread that has the highest priced premium. Additionally, the Leg with the highest price must also be entered into Leg 1. The duration of the order will always default to a Day order which expires at the close of the trading session if it does not fill. You can create an open / Good Till Canceled order by selecting GTC for the duration. A GTC order will continue to work until the order is filled, you cancel it or the contract expires.

Once you have completed your order, click on the 'Preview' button to verify your order. The following screen will appear displaying the order you've just created as well as the most up-to-date, current market price information for the options you've chosen. If the order is acceptable to you, click the 'Submit' button and your order is immediately routed to the appropriate exchange. Important: only click the Submit button once to avoid multiple orders.

A new screen will appear verifying your submission and your ticket number for the order.

Choose ' Security Futures Order ' to enter a new single stock futures (SSF) order. The Security Futures Order screen will appear and is made up of a series of pop-up fields to choose the parameters of your order. A Symbol Lookup link is provided to verify and/or search for available SSF symbols. Please keep in mind, the price must be entered in the format as it is quoted from the exchange.

Once you have completed your order, click on the 'Preview' button to verify your order. The following screen will appear displaying the order you've just created as well as the most up-to-date, current market price information for the options you've chosen. If the order is acceptable to you, click the 'Submit' button and your order is immediately routed to the appropriate exchange. Important: only click the Submit button once to avoid multiple orders.

A new screen will appear verifying your submission and your ticket number for the order.

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