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Place Trader Workstation (Classic TWS) - Highlights

 View Mosaic Highlights     Take a tour around TWS


 

Desktop trading platform

 

Optimize your trading speed and efficiency with our market-maker designed Trader Workstation (TWS). Trade stocks, options, bonds, ETFs, funds and more across 100+ markets worldwide, all from a single account. These are just a few of the benefits that Place Trade’s TWS offers:

 
 
  • An easy to use spreadsheet-like interface with real-time market data and quick-click order entry.


  • Support for more than 60 different order types, from the basic limit order to the most complex algo.
 
  • Task-specific trading tools to enhance efficiency for all trading styles, including the Accumulate/Distribute algo, FXTrader, ScaleTrader, SpreadTrader, OptionTrader and more.


  • Sophisticated, built-in risk management and option pricing applications.
 
  • Real-time account balance and activity monitoring, with a real-time margining system that notifies you of margin deficiencies before liquidation becomes necessary.


  • An optional Paper Trading account, linked to your production account, that lets you experiment with the full range of TWS features in a simulated environment.
 
     


 

TWS Quote Monitor

The TWS Quote Monitor is a searchable, spreadsheet-like interface that allows you to quickly create and submit orders on any product directly from a ticker line. Create multiple pages to organize your trading environment, and get single-click access to real-time trade reports, account monitoring, price/risk analytics and more.

 

 

 

Order Types and Algos

Choose from over 60 different order types and algos that can help to limit your risk, speed execution, provide price improvement, ensure privacy, time the market and streamline the implementation of advanced trading strategies. TWS context-sensitivity helps to ensure that your order is always valid by hiding features that aren’t supported for selected attributes, destinations or products.

Execute large volume orders using our IBAlgos, which balance market impact with risk to help you achieve best execution on your large volume stock and option orders.

For more information on our order types and algos, see the Order Types pages.

 
 

Specialized Trading Tools

Different traders have different needs. Our specialized trading tools are custom-designed to enhance your trading environment.

         
 

 Accumulate Distribute

Accumulate/Distribute Algo 
Randomized order quantity and submission time intervals help you to get the best price on large volume orders without being noticed in the market.

 
 

 Scale Trader

ScaleTrader 
Prevent your large-sized trades from being subject to increasingly deteriorating prices by easily scaling your order into smaller, incrementally priced components based on specified price and size instructions.

 
 
  FX Trading

FXTrader1 
Trade FOREX markets in our optimized FXTrader window, which includes real-time streaming quotes, up/down indicators, trading volumes, pending trades, executions, positions, and average price plus P&L.

 
  Basket Trader Tool

BasketTrader 
Create and trade basket files and index-based baskets with complete order management.

 
 
  Spread Trader

SpreadTrader 
Create and manage complex futures, options and EFP spreads with ease.

 
  Chart Trader

ChartTrader 
View real-time line, bar or candlestick charts, with complete order management capabilities from any intraday chart.

 
 
  Deep Book Trading

BookTrader 
Optimizes trading speed with single-click order submission from the deep book.

 
  Combination Trader

ComboTrader 
Use named strategy templates or create your own combination orders.

 
 
  Options Trader

OptionTrader 
Use this integrated suite of options tools to analyze and manage options orders from a single customizable screen.

 
  Deep Book Trading

DepthTrader 
Gauge market liquidity with trading volume away from the inside quote, including TotalQuotes and NYSE Deep Book, which are available by subscription.

 
 
  Option Portfolio

Option Portfolio 
Use the TWS Option Portfolio algorithm to help you adjust the risk profile of your portfolio by any of the Greek risk dimensions.

 
  Stock-management interface

ISW 
The ISW is a customizable stock-management interface that combines Level I and Level II market data, real-time charting, rapid order entry and complete order management into a single screen.

 
 
 

 

     
 1Please note that FOREX trading is not available at this time (2015) however we are in the process of adding it so please check back with us if you see this message after 2015. In the meantime you can practice using the FX Trader in your paper,virtual trading account.

 

 

Price/Risk Analytics

Price/Risk Analytics
 

Our comprehensive suite of sophisticated mathematical risk-assessment and price-measuring tools come standard with TWS including:

 
             
 

The Risk Navigator

View your portfolio risk across multiple asset classes, and view and assess specific risk slices of your portfolio.

 

Model Navigator 

The Model Navigator is a sophisticated option model pricing tool that lets you modify pricing assumptions and include them in the model price calculation.

 

Option Analytics 

The Option Analytics window displays values that reflect the rate of change of an option's price with respect to a unit change in each of a number of risk dimensions.

 
             
 

 

  

Real-Time Activity Monitoring

View your positions, profit and loss, margin requirements and excess liquidity in real-time in the customizable Account window.

 

 

     
 

View Account Window

TWS Account Window 
View account balances, margin, funds available for trading, market value and portfolio data for all of your products in a customizable, easy-to-read account window.

 
  Profit and Loss

Profit & Loss 

View P&L on your trading screen as well as in the Account Information window.

 
 
  Margin Requirements

Margin Requirements 
Quick-glance summaries of potential deficiencies help you avoid liquidation, and "what if" Portfolio Margining shows your margin requirements using the Portfolio Margining system.

 
  Trade reports

Trades 
Expandable trade reports let you see daily executions as well as net trading activity by symbol.

 
         

 

 


 

 

Don't get left behind with sub-par trading tools just because you are not an active trader! At Place Trade you have access to professional, market maker designed trading tools regardless of how often you trade!

 

  • Advanced trading tools enable you to manage your orders successfully and with confidence.
  • A powerful trading platform that allows you to view and trade on markets worldwide, all from one screen.
  • Place Trader Workstation (TWS) is designed with the active trader in mind but is perfect for the individual that wishes to have the very best tools available so that the best investment decisions can be made regardless of how often a trade is placed!  

 

Looking for more information or how to do something in particular?  

Check out our fully illustrated Place Trader Workstation Users Guide for all of the latest tools available as well as how to use them!

 

 

Trading with our new Mosaic Interface? Get a quick view from our users guide via this link

 

 

 

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Learn more about retirement planning by visiting some of the links below:

Roth IRA

SEP IRA

SIMPLE IRA

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Rollover IRAs

Find out how Place Trade can help you get the most out of your college planning by visiting some of the links below:


Coverdell ESA

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