Taifook Securities Group Limited
Securities Futures Forex & Bullion Research eServices Customer Services About Us
Welcome to www.taifook.com Home 繁體版 簡體版 日本語

Product Highlights  |  Exchanges by Product  |  Order Types  |  Fees & Charges  |  Other Fees  |  Market Data  | 
  | Interest and Margin Rate  |  Account Minimums  |  Futures Delivery  |  Margin Overview  |  Margin (Intraday)  | 
  | Account Activation / Password Change  |  Trading Calendar  |  Statement interpretation  |  Demo  |  FAQs  | 


Basket Orders

Description

You can create a basket of individual securities or commodities orders for submission as a package execution. You may cancel any unexecuted portion of your basket or reverse the basket's original order instructions (sell bought securities or commodities or buy sold securities or commodities) with a single command. You can automatically create a basket file from the TWS trading screen, or manually populate a file using Excel or any word processing application.

 
Exchanges
Native: Simulated (by IB):
Since a basket is composed of a series of separate orders each of which may be directed to a specific exchange, refer to the order type you are including in the basket to determine the list of valid exchanges.
     
TWS Links
For information on how to create basket orders, please refer to the
     

Example*

The lines below illustrate three possible order lines in a manually-created basket file:  

A limit order to buy one XYZ Oct 2003 call option for $6.70 (times the contract multiplier of 100) with a strike price of $95.00, routed via IB SmartRouting would look like:

BUY, 1, XYZ, OPT, 200310, 95.0, C, SMART, LMT, 6.7, USD

A VWAP order to sell 100 shares of XYZ stock would look like:

SELL, 100, XYZ, STK, VWAP, VWAP, , USD

A limit order to buy 100 shares of YZZ stock for $52.85/share routed via IB SmartRouting would look like:

BUY, 100, YZZ, STK, SMART, LMT, 52.85,USD

     
 
*Any stock or option symbols displayed are for illustrative purposes only and are not intended to portray a recommendation.
     

Back



Copyright © 2006 Taifook Securities Group Limited. All Rights Reserved.
Best viewed with Internet Explorer 6.0 or above version only
 


Listed Company General Meeting Notice Board