Trading Lab Curricula

Trading Lab Curricula


Educators create assignments and projects for students based on real trading experience on our platform.



  • Tailor the content to specific classes. For example, Finance and Trading students can study and practice using the order types and algos, Market Scanners and Fundamental Analysis features built into our platform.
  • Get started with our sample assignments and build your own assignments for specific classes.
  • Our free webinars and prepared webinar tests enhance your students' learning.
  • Integrate short videos, tours and interactive courses available at our Traders' University into your lesson plan.

Stock Trading Sample Assignments and Resources


IB Trading Platform Basics

Instruct your students to familiarize themselves with one or more of our three trading platforms – desktop, browser-based and mobile - using a variety of IB educational resources. Specific assignments can test your students' general knowledge of our trading platforms and can be organized based on the contents of QuickStart Guides, Users' Guides or Webinars.

Assignment

Trader Workstation

Learn the basics of our market maker-designed TWS desktop trading platform.

WebTrader

Learn the basics of our simpler browser-based platform.

Stock Orders

Instruct your students to learn the basics of trading by placing basic and advanced orders.

Assignment

Basic Orders

Place at least three different basic stock order types. For example, market, limit and stop orders.

Resources

Order Types page
  • Order Types
    Sort by "stocks" to view all stock order types.
Documentation
Webinars
Reference Material
Advanced Stock Orders

Instruct your students to place at least three different advanced stock order types. For example, All or None (AON), Bracket and Conditional orders.

Resources

Order Types page
  • Order Types
    Sort by "stocks" to view all stock order types.
Documentation
Webinars

Short Selling

Instruct your students to place an order to sell short.

Assignment

Market Data Fields

Add short selling market data fields to Classic TWS.

Resources

Documentation
Yield Optimizer Tool

Use the Yield Optimizer tool in TWS to compare borrow rates on hard-to-borrow stocks before they sell short.

Documentation
Additional Reference

Statements and Trade Confirmations

Instruct your students to check their daily activity statements and trade confirmation reports. Assignments can include running and analyzing a default statement; creating, running and analyzing a customized statement, and running and analyzing a trade confirmation report.

Statements and Trade Confirmation Reports are available from within Account Management.

Assignment

Statements

Run default statements and create customized statements to view detailed information about the account activity, including positions, cash balances, transactions, and more.

Trade Confirmation Reports

Run trade confirmation reports to view trade confirmations separately by asset class.

Market Scanners

Instruct your students to use our Market Scanners to quickly and easily scan markets for the top performing stocks contracts. Possible assignments include:

  • Scan multiple products.
  • Scan for top contracts on US stocks.
  • Choose from popular scan parameters.
  • Create custom scans - Variables, filters and parameters allow you to create unique, completely customized scans.
  • Submit orders directly from the scan results.

Assignment

TWS Market Scanner

See the bullet list above for sample Market Scanner assignments.

Resources

TWS Users' Guide
Webinars
WebTrader

See the bullet list above for sample Market Scanner assignments.

WebTrader Users' Guide
mobileTWS

See the bullet list above for sample Market Scanner assignments.

Trading Stocks on Margin

Instruct your students to familiarize themselves with our margin requirements and how to monitor the margin requirements for their own accounts.

Assignment

Learning About Margin

Learn the basic principles of trading stocks on margin.

Resources

IB Website
  • Margin
    Includes detailed overview and specific margin requirements for all asset classes, including stocks.
  • Market Scanners
Webinars
  • Margin
Interactive Tours
Monitor Margin Requirements

Learn how to monitor margin requirements.

US Stock Commissions

Instruct your students to familiarize themselves with our commissions.

Assignment

IB's Stock Commissions

Review IB's stock commissions and other pertinent pricing information.


Option Trading Sample Assignments and Resources


Options Overview

Provide your students with an overview of options.

Assignment

Use our educational resources to learn about options..

Option Orders

Students can learn about trading options by placing options orders.

Assignment

Submit an option trade using a volatility order.

Resources

Documentation

Strategy Builder

Instruct your students to use the Strategy Builder in Mosaic to quickly build options combo orders directly from the option chain display.

Assignment

Build options combo orders directly from the option chain display.

Resources

TWS Users' Guide

OptionTrader

OptionTrader is a robust trading tool in TWS that lets you view and trade options on an underlying. Instruct your students to use OptionTrader to perform the tasks listed.

Assignment

  • Load option chains
  • Establish straddles on historically volatile stocks
  • Create and manage options orders

Option Strategy Lab

Instruct your students to create and submit simple and complex multi-leg option orders that are based on a price or volatility forecast using the Option Strategy Lab.

Assignment

  • Enter your own price or volatility forecast on an underlying to generate a list of strategies.
  • Filter results by premium, delta, strike and/or expiry.
  • For each strategy, see the potential profit and loss and risk/return ratio in the scanner results.

Resources

Documentation
Webinars

Volatility Lab

The Volatility Lab is a comprehensive toolkit of nine volatility tools designed to help traders uncover superior trading opportunities. Instruct your students to use the Volatility Lab to perform the tasks listed below.

Assignment

  • Gauge and view what the option market is projecting for a stock's future direction based upon its historical movement.
  • View at a glance call and put open interest across available expirations to see where traders are positioned.

Resources

Documentation
Webinars

Probability Lab

The Probability Lab was created by Mr. Thomas Peterffy, founder of Interactive Brokers. It offers a practical way to think about options without the complicated mathematics, and is designed to optimize the analysis and management of option strategies. Instruct your students to perform the tasks listed below.

Assignment

Review the following concepts:
  • Probability distribution (PD)
  • The nature of stock prices
  • Calculate the PD from option prices and vice versa
  • PD implied by the market and your opinion
  • The best trades and potential consequences

Options Portfolio

Use the TWS Option Portfolio tool to help students adjust the risk profile of your portfolio by any of the Greek risk dimensions. Instruct your students to perform the tasks listed below.

Assignment

Find the most cost-effective way to achieve your objective in Delta, Gamma, Vega or Theta by describing your objective and specifying any conditions.

Resources

Documentation
Additional Reference Material

Market Scanner - Options

Instruct your students to use the TWS Market Scanners to quickly and easily scan markets for the top performing options contracts.

Assignment

  • Scan multiple products.
  • Scan for top contracts on US options.
  • Choose from popular scan parameters.
  • Create custom scans - Variables, filters and parameters allow you to create unique, completely customized scans.

Resources

TWS Users' Guide
Webinars

Trading Options on Margin

Instruct your students to familiarize themselves with our margin requirements for options and how to monitor the margin requirements for their own accounts.

Assignment

Learning About Margin

Learn the basics of trading options on margin.

Resources

IB Website
  • Margin
    Includes detailed overview and specific margin requirements for all asset classes, including options.
Webinars
Interactive Tours
Monitor Margin Requirements

US Options Commissions

Instruct your students to familiarize themselves with our options commissions.

Assignment

Encourage your students to review IB's option commissions and other pertinent pricing information.

Option Widgets

IB provides two widgets designed for options analysis. Instruct your students to use these widgets as part of your options lesson plan.

Assignment

  • The Options Pricing Calculator Widget is a free downloadable tool that allows users to price options using a "what-if" type analysis.
  • The Options Strategies Widget allows investors to view the profit-and-loss profiles of an array of option combinations that might help in their understanding of option and stock trading. The Widget is a free downloadable tool and can be used by investors wishing to understand better how to use options and options combinations to speculate on an underlying security or to hedge against an adverse movement in a security they currently own.

Resources

Widgets are available here

Additional Reference Material

Assignment

Provide this material as background for your students.

Resources

Widgets are available here

Futures Trading Sample Assignments and Resources


Futures Products

Instruct your students to familiarize themselves with futures products available through IB.

Assignment

Trader CME Leading Products

Equity Index, Agriculture, Interest Rates, Energy.
For instance, student can trade the following futures:

  • CL - Light sweet crude Oil futures NYMEX
  • ES - E-Mini S&P 500
  • YM - Mini-Sized Dow Jones Industrial Average $5
  • NQ - Emini NASDAQ 100
  • GE – Eurodollar
  • ZC - Corn

Resources

Futures Products web pages - CME Group futures

SpreadTrader

SpreadTrader helps you quickly and easily manage futures spreads from a single screen.

Assignment

Create and manage calendar spreads for futures from a single screen.

They can check the margin impact of any order before it is placed.

Trading Futures

Instruct your students to learn about trading futures by placing futures orders.

Assignment

Place a futures order. For example, place a stop limit order. Students can view the Margin Impact value before they submit the order.

Resources

TWS Users' Guide
Website

Market Scanner - Futures

Instruct your students to use the TWS Market Scanners to quickly and easily scan markets for the top performing futures contracts.

Assignment

  • Scan multiple products.
  • Scan for top contracts on US futures.
  • Choose from popular scan parameters
  • Create custom scans - Variables, filters and parameters allow you to create unique, completely customized scans.

Resources

TWS Users' Guide
Webinars
Monitor Margin Requirements

Learn how to monitoro margin requirements..

Trading Futures on Margin

Instruct your students to familiarize themselves with our margin requirements for futures and how to monitor the margin requirements for their own accounts.

Assignment

Learning About Margin

Learn the basics of trading futures on margin.

Resources

TWS Users' Guide
IB Website
  • Margin
    Includes detailed overview and specific margin requirements for all asset classes, including stocks.
Monitor Margin Requirements

Learn how to monitor margin requirements.

US Futures Commissions

Instruct your students to familiarize themselves with our commissions.

Assignment

Review IB's futures commissions and other pertinent pricing information.

Additional Resources

IB Website

Additional Reference Material

Assignment

Read the latest Futures-related articles from IB's Traders' Insight, a Global market commentary from Interactive Brokers Group traders and market participants.

View additional webinar recordings that IB has co-sponsored events with CME Group and ICE Futures.

Resources

Forex Trading Sample Assignments and Resources


Forex Overview

Provide your students with an overview on forex trading.

Assignment

Forex Markets

View our Forex Markets 101 Tour, which is designed to help investors recognize the nature and needs of participants in the currency market, and learn how various foreign currency instruments have been developed to create the largest traded market around the globe.

Resources

Forex Markets Interactive Course

FXTrader

The FXTrader provides an optimized trading interface with IB-designed tools to trade the forex markets.

Assignment

Trade all available currencies.

Students might want to hedge positions with the currencies' derivatives (futures or options). For instance, CME forex futures trading.

Resources

Documentation
Webinars

Forex Order Types

Instruct your students how to place a Forex order.

Assignment

Place a Forex order. For example, practice placing stop limit orders. Students may use IB's default trigger methodology or configure their own customized trigger methodology.

Resources

Website

Trading Forex on Margin

Instruct your students to familiarize themselves with our margin requirements for options and how to monitor the margin requirements for their own accounts.

Assignment

Learning About Margin

Learn the basic principles of trading forex on margin.

Resources

TWS Users' Guide
IB Website
  • Margin
    Includes detailed overview and specific margin requirements for all asset classes, including stocks.
Monitor Margin Requirements

Learn how to monitor margin requirements.

TWS Users' Guide

Forex Commissions

Instruct your students to familiarize themselves with our commissions.

Assignment

Review IB's Forex commissions and other pertinent pricing information.

Resources

IB Website

Additional Reference Material

Assignment

Read the latest Forex-related articles from IB's Traders' Insight, a Global market commentary from Interactive Brokers Group traders and market participants, and review the Forex Holiday Calendar.

Algorithms, Quantitative Finance, Computer Science, and Machine Learning Sample Assignments and Resources


TWS API

Students can use our proprietary Application Program Interface (API) to build their own automated rules-based trading application in their favorite programming language or protocol.

API Guides

Use our API guides to help you learn the details of our Application Program Interface.

Assignment

In addition to our API Reference Guide, we also provide a series of Getting Started Guides.

Margin

Instruct your students to familiarize themselves with our margin requirements and how to monitor the margin requirements for their own accounts.

Assignment

Learning About Margin

Learn the basic principles of trading on margin.

Resources

IB Website
  • Margin
    Includes detailed overview and specific margin requirements for all asset classes, including stocks.
Monitor Margin Requirements

Learn how to monitor margin requirements.

TWS Users' Guide

Additional Reference Material

Assignment

Product and Exchange Listings

Review our Product and Exchange Listing pages.

Economics and Finance Sample Assignments and Resources


Trading Platforms

Instruct your students to familiarize themselves with one or more of our three trading platforms – desktop, browser-based and mobile - using a variety of IB educational resources.

Specific assignments can test your students' general knowledge of our trading platforms and can be organized based on the contents of QuickStart Guides, Users' Guides or Webinars.

Assignment

Desktop - Trader Workstation

Learn the basics of our market maker-designed TWS desktop trading platform.

Browser-Based - WebTrader

Learn the basics of our simpler browser-based platform.

Order Types

Instruct your students to place at least three different basic stock order types. For example, market, limit and stop orders.

Assignment

Review the over 60 individual order types and algos that are available with our platform..

Resources

Order Types Page
Documentation
Webinars

Traders' Glossary

The Traders' Glossary is a comprehensive list of trading terms and acronyms.

Assignment

Use this online glossary as a reference when learning general trading and IB terminology.

Resources

Order Types page

Statements and Trade Confirmations

Instruct your students to check their daily activity statements and trade confirmation reports. Assignments can include running and analyzing a default statement; creating, running and analyzing a customized statement, and running and analyzing a trade confirmation report.

Statements and Trade Confirmation Reports are available from within Account Management.

Assignment

Statements

Run default statements and create customizes statements to view detailed information about the account activity, including positions, cash balances, transactions, and more.

Trade Confirmation Reports

Run trade confirmation reports to view trade confirmations separately by asset class.

Margin

Instruct your students to familiarize themselves with our margin requirements for options and how to monitor the margin requirements for their own accounts.

Assignment

Learning About Margin

Learn the basic principles of trading stocks on margin.

Resources

TWS Users' Guide
IB Website
  • Margin
    Includes detailed overview and specific margin requirements for all asset classes, including stocks.
Monitor Margin Requirements

Learn how to monitor margin requirements.

Technical Analysis

Technical analysis is the forecasting of markets through the study and analysis of data generated exclusively from the buying and selling of financial instruments.

Assignment

Use our resources to learn about technical analysis.

Market Scanner - Options

Instruct your students to use the TWS Market Scanners to quickly and easily scan markets for the top performing contracts.

Assignment

  • Scan multiple products.
  • Scan for top contracts on US options.
  • Choose from popular scan parameters.
  • Create custom scans - Variables, filters and parameters allow you to create unique, completely customized scans.

Resources

TWS Users' Guide
Webinars