Trading Futures, Options and Spreads

Trading Futures, Options and Spreads

With LindConnect, you have three ways to place a trade from the Trading section—the Order Entry box, the OE Plus & Spreads box as well as the Bid/Ask and Market Depth boxes on the quote screen.

In addition, you can Cancel or Replace a working order and submit Parked Orders from the Account Activity section.

Order Entry

This order entry box for a futures or options trade sits alongside the quotes display in the Trading section of LindConnect. Start typing a contract symbol or name in the Commodity field and select the contract you want to trade from the dropdown list. (Select “Option” if you want to trade an options contract; a field to select a call or put strike price will appear.) Fill out the rest of the order ticket, then simply hit Buy or Sell to submit your order.

OE Plus & Spreads

Trade futures, options or spreads with this order-entry box. Also, set up Parked Orders for future use.

In the OE Plus & Spreads order-entry box, you can type in market shorthand and tab through fields. Or, check the Prompt Input box to be prompted with appropriate information for the order entry fields.

Bid/Ask and Market Depth

Create a market order by simply clicking on a contract’s bid or ask price. Expand the quote selection to see the next five bid/ask prices with the + sign, and create a limit order at any of those prices with just one click.

Account Activity

You can take three types of order placement actions directly from the Account Activity screen.
Cancel or replace a not-yet-filled working order by clicking on the button in front of the order; an order status box will appear for your submission.

Submit a previously Parked Order by checking the box in front of the order. Confirm submission on the next screen, which includes a snapshot quote of current prices. Your parked orders remain in this panel until you delete them.