With BookTrader you can create an order at any price, including the best bid and ask, with a single click in the BookTrader price ladder. BookTrader displays as a separate window for whichever contract you select. It shows a series of prices above and below the best bid and ask in the price ladder…

Before you can instantaneously transmit an order with a single click in BookTrader, first you need to arm the tool:

1. Check the Armed box in the top-left of the BookTrader window
2. Review and agree to the warning message that appears in the pop-up window by clicking…

No, it is not possible to sort the BookTrader Price Ladder. The BookTrader Price Ladder is sorted by Price by default and will update dynamically as the price changes.

Additional Information…

To cancel immediately all of your BookTrader orders:

• Click the Cancel All button at the top of the window
• Alternatively, click the Orders menu option followed by Cancel All…

It is possible to configure Hotkeys in BookTrader and assign actions to specific keys and key combinations to rapidly create and transmit orders to the marketplace.

To record hot keys:…

The number of symbols that can be viewed simultaneously via the TWS deep book windows (including BookTrader, Market Depth and ISW) is determined as follows: one unique symbol for every 100 allowed lines of market data, with a minimum of three and a maximum of 60…

To edit or create new buttons in the the Buttons panel of BookTrader:

1. Click Configure at the top of the BookTrader window and select Buttons
2. Add new buttons by clicking the New... button on the right hand side…

You can quickly create an order for a larger order size within the BookTrader Price Ladder by enabling the Size Buttons.

To enable the Size buttons:…

To clear your order log in BookTrader window:

• Click the Clear Log button at the top of the window
• Alternatively, click the BookTrader menu option followed by Clear Log…

You can practice book trading with the BookTrader tool of TWS in a demo or paper trading account.

An active subscription to a Level 2 data package to see market depth quotes will be required to use this tool; however, as we provide free real time quotes on Forex in most countries, you can practice with a Forex pair (ex. EUR.USD) if you are not subscribed to real time quotes…

To add or remove columns from the Orders and/or Trades tab in the BookTrader:

1. Click on the Configure (wrench) icon in the top right corner of the Orders or Trades section
2. Select Configure Order Columns or Configure Trade Columns…

To add another BookTrader window to your Mosaic layout within TWS:

1. Click on the chain link icon in the upper-right corner of the anchor bar, next to the digital clock, to un-group the anchor bar
2. Select No Group…

No, the only columns available in the BookTrader Price Ladder are the ones that populate by default. It is also not possible to remove any of the default columns…

To enable the order type buttons (LMT, STP, STP LMT, and T LMT buttons) in BookTrader:

1. Click Configure at the top of the BookTrader window and select Settings
2. Under Price Ladder Status Column, select Show separate status column for each order…

You can exclude certain exchanges from the BookTrader window by clicking on the respective exchange in the Deep Book Buttons section of the BookTrader:

• De-select a button to filter out market data from the price ladder
• The Others button includes data from exchanges that don’t offer deep data, Level I data from exchanges you have elected to filter out, and Level I data for exchanges that offer deep data but to which you do not subscribe. Hold your mouse over the button to see the exchanges included in the data…