The SnapTrader interface is designed to provide one-click trading functionality and increase screen space by eliminating order routing interfaces. Analytics is now a seamless process with this flexible tool.
The SnapTrader interface can be placed anywhere on a chart and dragged to new locations as trading unfolds.
The SnapTrader interface displays the best bid and ask price, allowing users to place market buy or sell orders with one click. Hovering the mouse over the buy panel displays a tray to lift the best offer or join the best bid. Hovering the mouse over the sell panel displays a tray to join the best offer or hit the best bid.
Traders can click the black arrows up or down to place limit and stop orders. A horizontal line will appear on a chart with the same price displayed on the SnapTrader. Users can move the line to a particular price, and then place a limit or stop order. A record of all orders placed using the SnapTrader interface reside in an on-line computer database for subsequent retrieval and reporting.
Order types can be selected by right-clicking the SnapTrader interface's order trays.
Order types include:
- DOM-Triggered Stop
- DOM-Triggered Trailing Stop
- DOM-Triggered Trailing Stop Limit
- Limit
- Stop
- Stop Limit
- Trailing Limit
- Trailing Stop
- Trailing Stop Limit
Use the SnapTrader interface along with the Order Book, a useful tool showing positions, open trade equity, and working orders. The SnapTrader interface can also be used with the Order Study, which places markers on a chart for fills and lines of current working orders.