The input data (bid/ask) across strikes and expiration dates form the basis of our implied volatility (IV) estimates. If the input data is inconsistent or sporadic, it negatively impacts the quality of the IV estimates we produce. If we assess that the quality of the estimates falls below a certain threshold, typically the input data is not sufficient for a robust estimate. In these cases, we stop producing estimates rather than produce numbers we have low confidence in. When this happens, you may not see any data presented on this screen…

To use the Mutual Fund/ETF Replicator:

1. From the Mosaic layout, click the New Window drop down and select Mutual Fund/ETF Replicator; from the Classic layout, click Analytical Tools followed by Mutual Fund/ETF Replicator 2…

TWS offers the following Market Depth windows:

• BookTrader
• Market Depth…

Analytical Tools can be found in our Trader Workstation platform.

If using the Mosaic layout, you can find the various Analytical Tools that we offer by clicking the blue New Window button in the top left corner. Scroll through the list of tools, or, if you know what you’re looking for, start by typing a tool name or feature to get a quick list. Select a tool to open it…

If you have linked accounts or are an advisor with client accounts, you will see a "Select Account" drop down menu in the top left of the screen when in the Option Rollover tool.

View the TWS User's Guide…

If you select "Create (1:1) price combo" in the Combo Selection window of TWS, the price of the combo is displayed as if it were a 1:1 price combo regardless of the legs ratio.

For example: if you create a 2:1 legs ratio spread with "Create (1:1) price combo" selected, ticker row prices will be displayed as if it were a 1:1 leg ratio spread…

If your combo position is currently displayed as individual legs and you are unable to display it as a Complex Position, you can check the P&L using a quote monitor in Classic TWS:

1. Copy and paste (it is easiest to use Ctrl+C and Ctrl+V) the individual legs of your combo from the Portfolio tab into another tab/quote monitor of Classic TWS…

To create a stock spread order in TWS:

1. Enter the underlying symbol of one of the two stocks into a market data line and select Combinations followed by Stock / Stock (SMART)
2. Click in the Underlying field and enter the underlying symbol of the other stock, hit Enter and choose…

Click on "Analytical Tools" in the Classic TWS menu line or on the "New Window" button in Mosaic and in the drop down select "Price History" and when that window opens add a symbol. You can search earlier dates by editing the Date field which will go back a number of years…

With the new auto-complete "Search" fields included on menus, in the New Window drop-down, and in the right-click menu from any symbol in your Watchlist, Portfolio or trading page, now it’s easier than ever to access the tools and information you need within TWS. Avoid navigating through multiple layers of menus by simply typing what you need in the relevant search field and clicking the desired result to load the tool or window you need. Click within any menu and simply type a keyword into the Search box…

To display the average daily trading volume over a 90 day period, you can add the "Average Volume" column to TWS or Mosaic. To add a column to a Watchlist in Mosaic, click on the small wrench in the upper right corner of the window and select Settings. Under the Available Columns on the right side, highlight "High/Low/Volume/History" and scroll down to "Average Volume" and click on it. Click on the "Add" button in the middle and the Average Volume column will be added under "Shown Columns" for that Watchlist. To save the new layout changes, go to the bottom of the page and click on Apply then OK. …

The Pair or Leg-by-Leg tab of the Combo Selection is the most flexible tool to create a combo.

To select a combo with the Combo Selection window's Pair or Leg-by-Leg tab:…

There is no setting within the Market Depth Trader tool or buttons which will allow you to trade outside of regular trading hours. However, what you can do is enable your orders to be activated, triggered, or filled outside of regular trading hours from the Order Presets. By doing this, your orders will automatically populate with "fill outside RTH" enabled when you submit the order from Market Depth Trader. Alternatively, you can edit each order individually once it is placed and enable the order to fill outside RTH…

With the Strategy tab of Combo Selection you start the combo selection by choosing a strategy and then an action (Buy Combo/Combo Sell Combo).

To select a combo with the Combo Selection window's Strategy tab:…

The Price Target chart shows the current underlying price highlighted in yellow and the target price based on your forecast in red.

The blue shaded area represents the estimated price range to one standard deviation. Drag the dotted line to change the expiration date…