Managing Your Orders

"Amateurs think about how much money they can make. Professionals think about how much money they could lose." — Jack Schwager

In this guide, we will cover the following topics:

Understanding the Orders screen
Modifying your order
Cancelling your order

I. Understanding the Orders screen

1. Order Filters

The topmost section contains filters which can be used to shortlist your Limit Orders based on Full Options or Spreads, specific Underlying-Cash Pairs, Option Types (Calls/Puts) or other contract specifications such as Option Style, Lot Size & Expiry Date.

2. Open Orders

Any limit orders which are still open on the books will be displayed below the filters. The total number of open lots will be displayed in the "Open" column. These may be partially filled or not filled at all. The number of lots filled will be displayed in the "Fill" column.

You may modify or cancel your order by clicking the appropriate button in the row as long as it remains partially or completely unfilled.

3. Complete or Cancelled Orders

Limit orders which have been completely filled or cancelled will be displayed below the open orders. You can create a new order with the same parameters by clicking on the "Repeat Order" button.

II. Modifying your order

Open orders that are still unfilled may be modified by clicking on the "Modify" button. The number of lots and premium may be changed, but all the other paramters will remain the same. Confirm the modification in your wallet once you are happy with the new values.

III. Cancelling your order

Open orders that are still unfilled may be cancelled by clicking on the "Cancel" button. Any premium or margin on-hold will be refunded immediately. Confirm the cancellation in your wallet after clicking the "Cancel" button.