OptionTrader provides a configurable Buttons panel that you can elect to hide or display. It allows you to create new buttons and edit existing ones that perform a defined trading action with a single click, including creating orders (and transmitting instantaneously), modifying orders, closing positions, and more.
To use the Buttons panel:
- Use the "B" toggle button in the top-right corner to display/hide the buttons panel
- Place a check-mark next to Armed on the right side to enable one-click actions
To edit or create new buttons:
- Click on the Configure (wrench) icon on the right side to edit the existing buttons or create new ones
- Add new buttons by clicking the "New..." button on the right hand side
- Select the action you wish to perform from the "Select Action" drop down menu
- Some actions can be customized. If possible, the "Customize Action" section will appear
- Once finished, click OK to close the Configure Button window
- If you are satisfied with your button configuration, click Apply to save your changes and OK to close the window.
Note
- MIFID II rules require that Interactive Brokers in Europe and the UK provide its retail clients with a reasonable estimate of the costs and charges related to products and services offered. Since it is mandatory, IBKR has implemented it in all IBKR trading platforms to show the option for the clients to see Ex-ante Costs and Charges disclosure. Clients can see this prompt as a hyperlink named “Cost Impact” at the time of placing orders and will not be able to transmit an order instantaneously.
Additional Information
- OptionTrader Buttons panel in the TWS Users' Guide.