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TradeStation’s TradeManager
is an advanced order management system that allows
you to easily view and manage your orders and
positions on a real-time basis. All it takes is
a single glance at your screen to see the real-time
status of all your open, cancelled and filled
orders, open positions, real-time profit/loss...and
much more. Multiple accounts can be easily managed
from a convenient drop-down list. And all information
will be easily displayed on a real-time basis
in one of the following nine tabs:
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| For clients who have a team of traders, the TradeManager allows you to easily view and manage the trades placed by all traders in real-time. You can limit viewing access to a single supervisory, master account, or allow all traders to view trades placed by all traders, across all accounts. Plus, the TradeStation Order Execution Network supports integration with many popular Order Management Systems so that your Order Management System can be updated real-time or by inserting trades you have placed. |
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This tab displays
your account statistics, including your real-time
account net worth, real-time overnight and
daytrading buying power, real-time realized
and unrealized profit/loss, and many more
crucial account information. |
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The Today’s
Orders tab displays all your orders for the
day, color-coded based on the order status
(i.e., open, filled, cancelled, etc.). The
colors change automatically as the order status
changes. You can easily filter the view based
on order status (open, filled, etc.) and/or
account number and sort on any column to quickly
find a desired order. To cancel an order,
simply right-click on the displayed order,
and choose "Cancel/Close." And,
if you'd like to quickly access a particular
symbol, you can easily sort by symbol. |
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This tab displays
the list of parked orders that you have previously
created and saved. You can park orders to
send them easily with just one mouse click
when you’re ready, or use them over
and over again as a template. |
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This tab displays your current long and/or short open positions, color-coded so you can see them at a glance. Winning positions are highlighted in green and losing positions are highlighted in red. To close a position or cancel an order, simply right-click on the displayed order, and choose "Cancel/Close." To reverse a position, simply right-click on the displayed position, and choose “Reverse”. And, if you'd like to quickly access a particular symbol, you can easily sort by symbol. |
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The Strategy Orders
tab displays information about any trades
generated by a trading strategy. When you
automate a strategy applied to a chart and
the market conditions meet the criteria of
that strategy, a strategy order is generated
and sent to this tab. You can filter the information
displayed using the following filters: All
Orders, Active Orders, Filled Orders, Canceled
Orders, and Ignored Orders. |
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This tab allows
you to track your strategy positions against
your actual open positions in order to identify
any potential discrepancies. The entries are
color-coded so you can see them at a glance;
winning positions are highlighted in green
and losing positions are highlighted in red. |
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This tab allows
you to perform block trade allocations for
a single large Equity order across multiple
accounts.* Allocations can be specified by
dollar amount or by percentage of total order
or equity. |
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This tab displays
trade status information from the TradeStation
order server and ECNs for the current user
session. |
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| System access and trade placement and execution may be delayed or fail due to market volatility and volume, quote delays, system and software errors, internet traffic, outages and other factors. |
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Block Trade Allocations is a feature that will allow RIAs, fund managers and other eligible institutional traders to execute a single large order and then allocate the shares across multiple accounts. If you are interested in learning more about this feature, then please contact the Institutional Sales department at (800) 579-7616. |
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