You are here: Specialized Trading Tools > BasketTrader > Send a Basket Order

Transmit a Basket Order

Once you have uploaded a basket of orders, you can modify them before you transmit by adding or removing instruments, changing the multiplier, reversing the order sides, and electing to convert limit orders to market, relative, or RPI orders.

You can modify the basket quantity in the Execute Basket section. By default, the quantity is 100%.

Note:  Note that the system cannot guarantee the basket quantity when it is other than 100% due to exchange required order size rounding. This means that the value of the basket could be significantly higher than expected.

When you transmit a basket order, each order in the basket is cleared individually. If your account does not meet margin requirements, it is possible that only a portion of the basket order will fill.

 

Important Disclosures