TWS allows you to create a Basket file from a group of non-transmitted orders on a trading page. You can then trade or manage the baskets by opening the basket file from the BasketTrader. Please note, you can only create a Basket file from orders on a single trading page. To combine orders from multiple pages, create multiple files and combine them into one using a spreadsheet program such as Excel.
To create a Basket file:
- Select a quote monitor in your Classic TWS layout and create the orders to include in the Basket file by clicking the Ask Price on a market data line to create a BUY order, or clicking the Bid Price on a market data line to create a SELL order
- Modify the order parameters and define order attributes
- Click the Trade menu and select Save Orders as Basket
- In the dialog box, review or rename the file and use a .csv extension (i.e. stocks.csv) and click OK. The system uses the Trading page name as the default basket name
- Cancel the orders you created by clicking the Trade menu and selecting Cancel followed by Cancel All Orders on Page to cancel all orders at once.
Please Note
- BasketTrader supports Bracket orders, but baskets that include brackets will have the Reverse and Cancel and Reverse features disabled.
- Remember to create the bracket order(s) on the Quote Monitor and then save the brackets as a Basket file. You cannot create bracket orders within the BasketTrader itself.
Additional Information
- How to create a bracket file in TWS can be found in our Users' Guide.