Interactive Brokers TWS Guide

1490 Pages·2016·57.35 MB·English

TWS Build 956 - June 8, 2016
Contents
Contents 2
Get Started 43
Log In to TWS 44
Download Software 44
Switch between stable,Latest and Beta versions 44
Offline TWS 45
Add Market Data 46
Option Selector 47
Option Selector 50
Create an Order 52
Modify an Order 54
Using Mosaic 54
Using Advanced OrderEntry 54
Transmit an Order 56
Cancel an Order 58
Add a Quote Monitor 60
Add and Remove Fields 62
Pause Execution 63
Use the Search Field 64
Mosaic 66
Understanding the Mosaic Interface 68
The Mosaic Interface 68
The AnchorWindow 69
Layout Locked 71
Layout Unlocked 71
TWSUsers'Guide 2
Contents
ColorGrouping Windows 72
Workspace Modes 72
Layout Locked 73
Layout Unlocked 74
Mosaic Fonts 74
Templates 75
Trade in Mosaic 77
The OrderEntry Window 77
Advanced OrdersPanel 78
Routing 79
Iceberg 79
OrderReference 79
All orNone Attribute 80
Attach a Stop Loss 80
Attach a Bracket 81
Attach a Profit Taker 82
One CancelsOther 83
Attach Hedging Order 89
Check Margin 90
The Portfolio 90
Portfolio Performance Profile 92
To use the Performance Portfolio Profile 94
The OrdersWindow 94
Strategy Builder 95
Quotesand Data in Mosaic 98
The Watchlist 98
TWSUsers'Guide 3
Predefined Watchlists 99
Market Depth 100
Time &SalesData 102
Price History Window 105
Option Chains 106
The Quote DetailsWindow 107
FX Matrix 108
SLB (Stock Loan Borrow)Rates 110
Technical Analytics 112
Portfolio Builder 112
Mosaic Market Scanners 115
Predefined Mosaic Market Scanners 120
Mosaic Market Statistics 123
Advanced Market Scanner 125
Complex Ordersand TradesScanner 126
Mutual Fund/ETFReplicator 127
OptionsAnalysis 131
Volatility Lab 131
Volatility Lab 131
Implied Volatility Tab 133
Historical Volatility Tab 134
Industry Comparison 136
Volatility OverTime 138
Volatility Skew 140
Probability LabSM (Patent Pending) 141
Option Strategy Lab 144
TWSUsers'Guide 4
Contents
OrderEntry 146
Analyze Strategiesin the Scanner 147
Analyze the Price Target 148
Compare Strategy Performance 148
Strategy Detail 149
Option Activity 150
Option Analytics 152
Option AnalyticsGreeks 154
Option AnalyticsP&L 155
Option Analytics 156
Strategy Performance Graph 159
Portfolio Analyst 160
Wall Street Horizon Data 161
The Toolbox 163
IB Information System 164
Event Calendars 164
Daily Lineup 164
Economic Events 165
Corporate Earnings 166
Dividendsand Splits 168
IPOsand Secondary Offerings 168
Corporate Events 169
Fundamentals 170
Analyst Ratings(Summary) 172
Short Interest TearSheet 173
Ownership TearSheet 175
TWSUsers'Guide 5
Mosaic NewsPanel 177
Bloomberg TV NewsFeed 177
StockTwitsNewsFeed 178
Today'sTop Ten News 179
Company Specific News 180
Filtered News 181
Market Signals 183
Traders'Insight NewsFeed 185
Social Sentiment 185
Portfolio orWatchlist News 186
Broad Tape News 188
Analyst Research 189
Analyst Actions 189
Recent Publications 191
Market Columnsand Reports 191
Trading Tools 194
BasketTrader 199
Send a Basket Order 199
Create a Basket File in TWS 200
Manually Create a Basket File 201
IndexTrader 203
BookTrader 204
Open BookTrader 204
Trade with BookTrader 205
BookTraderQuantity Multipliers 207
BookTraderOrderHandling 208
TWSUsers'Guide 6
Contents
BookTraderHotkeys 210
BookTraderColors 214
BookTraderButtons 217
OrderType Select buttons 217
Basic Buttonspanel 217
Deep Book buttons 217
ChartTrader 219
Open ChartTrader 219
Create and Transmit Chart Orders 220
ComboTrader 223
About Combination Orders 223
Create a Combination Order 225
Guaranteed and Non-Guaranteed Combo Orders 228
Using the ComboTrader 229
Multiple combos 229
Strategy combo 229
Advanced Combo Routing 231
Advanced Combo Routing Fields(available based on selected OrderType): 233
Transmit a Combination Order 233
Noteson Combination Orders 234
EFPs 236
Relevant EFPs 236
Introduction 236
EFPFuturesSpreads 237
FXTrader 239
The FXTraderWindow 239
TWSUsers'Guide 7
The FXTraderTrading Cell 240
Using the FXTrader 241
The Integrated Stock Window 243
Quote Panel 243
Book Data Panel 244
ISW ButtonsPanel 245
OrderEntry Panel (OEP) 246
Auto Orders 248
ISW OrderEntry Sub Panels 250
Market Depth 252
Market Depth Trader 252
NOTES 253
Market Depth TraderforBonds 254
Market Depth ButtonsPanel 254
Create an Order 255
MergerArbitrage Window 257
OptionTrader 260
Using the OptionTrader 260
Loading Option Chains 261
Combo Ordersin the OptionTrader 263
The Button Panel 264
OptionTraderStatistics 266
OptionTrader 267
Settings 268
The OrderTicket 270
Basic 270
TWSUsers'Guide 8
Contents
Advanced Combo Routing 273
Advanced Combo Routing Fields(available based on selected OrderType): 275
Adjustable Orders 275
Scale Ordersvia ScaleTrader 277
Pegged Orders 279
Volatility Trading 281
Conditional 284
Miscellaneous 285
Pre-Borrow SharesforShorting 289
About Pre-Borrows 289
Eligibility 289
The Pre-Borrow Market 289
Ratesand Fees 289
Transaction Information 289
Create a Pre-Borrow Order 290
Short Saleson a Pre-Borrow 290
Transactionsand Positions 291
292
Pre-Borrow Returns 292
OrderQuantity Calculator 294
Determine OrderQuantity 294
Calculate OrderQuantity 295
Rapid OrderEntry 297
EnterOrdersusing Rapid OrderEntry 297
Update Orders 298
Set Type and Time in Force 299
TWSUsers'Guide 9
Set Price Parameters 300
Validation 300
Create "InstantaneousTransmit"Hot Key 300
Rebalance YourPortfolio 302
The Rebalance Window 302
Import and Export Positionsto Rebalance 303
Rebalance forAdvisors 306
SpreadTrader 308
Create FuturesSpreadswith SpreadTrader 308
EFPFuturesSpreads 311
Create Option Spreadsin SpreadTrader 313
Stock Borrow/Loan 316
About Stock Borrow/Loan 316
AccessStock Borrow/Loan 317
Borrow/Loan Fields 319
Borrow/Loan Transactions 322
Borrowing Shares 323
The Borrow Rate and Interest Rate 324
Preview Orders 325
Lending Shares 325
Returns/Recalls/Rerates 326
Transactionsand Positions 329
331
TWSBlotter 332
Using the TWSBlotter 332
Understand the BlotterInterface 332
TWSUsers'Guide 10