How to Place Market Orders

It is easy to place and manage orders with the MarketDelta Cloud app. There are 4 different ways to place orders:

  1. Trade from the Chart
  2. DOM (depth of market)
  3. Trade Ticket (manual order ticket)
  4. Watchlist (click and trade any symbol.

Market Order from the Chart

First click the "Trade" panel along the the right side of the chart to reveal the trade from the chart buttons, then click MKT. You only need to do this once. Afterwards, it will stay in place until you choose another order type or click "Trade" to collapse the trade from the chart panel.

To place a Buy order click the blue BUY button. An order will immediately be submitted.

To place a Sell order click the red SELL button. An order will immediately be submitted.

 

Market Order from the DOM

To place a BUY market order from the DOM click in the buy column above the best bid price. noted with the yellow box below. Screenshot_2015-10-08_15.12.47.png

 

To place a SELL market order from the DOM click in the sell column below the best ask price, noted with the yellow box below.
sell.png

Market Order from the Trade Ticket

To place a SELL market order from the Trade Ticket do the following steps:

  1. Click in the SELL button at top.
  2. Specify Quantity
  3. Choose Market as the Order Type
  4. Verify the order is correct and click the big red sell button at the bottom to submit the order into the market.
trade_ticket_sell.png


To place a BUY market order from the Trade Ticket do the following steps:

  1. Click in the BUY button at top.
  2. Specify Quantity
  3. Choose Market as the Order Type
  4. Verify the order is correct and click the big blue buy button at the bottom to submit the order into the market.

trade_ticket_buy.png

Market Order from the Watchlist

Any cell that has a background color in the watchlist is tradable, meaning you can click in the cell to initiate a trade. The Trade Ticket will open with a preset, configured order for the symbol you clicked.

To place a BUY order from the watchlist click in the red ASK column cell in the row of the symbol you want to trade.

To place a SELL order from the watchlist click the blue BID column cell in the row of the symbol you want to trade.

Screenshot_2015-10-08_16.06.05.png

 

Have more questions? Submit a request

0 Comments

Article is closed for comments.