Order Entry        (Back to Index)

 

The BEST Direct Trade Ticket screen is the primary screen for order entry, position management, and checking your account status.

 

To enter an order, first select either the Buy or Sell button. Then select the Commodity, Year, Month, and Quantity, and the type of order from the dropdown boxes in the Market Selection window.

 

 

Every order will default to a market order unless you specify a specific type of order, such as a Stop, Limit, Stop/Limit, or MIT. If you choose to place one of these orders, just click within the small square next to the Order Spec window after selecting the Commodity, Year, Month, and Quantity.

 

BEST Direct shows a price ladder that runs vertically along the right side of the ticket. This ladder contains quotes with the most current quote highlighted in the center. Additional prices are listed sequentially above and below the current quote. If you want to place a Stop, Limit or MIT, and see the price that you want in the price ladder, you can left click on that price and you will see it appear in the price field, which is below the Order Spec field. If the price you want is not within the range of the price ladder you can do one of two things:

 

1. Click in the Price Field, delete the contents of the window, and type the price in manually, or

2. Click in the Price Field and use the up or down arrows to scroll to your price.