Download to KAROLL DIRECT users manual
Transcript
3.0 TRADING CENTER – Stocks The ORDER ENTRY PANEL is located to the right of the TRADING CENTER. This panel changes from a STOCK, FUTURES or OPTION ORDER ENTRY PANEL depending on your choice in the TRADING CENTER box. By selecting STOCKS in the TRADING CENTER box, the STOCK ORDER ENTRY panel will appear to the right of the page and will accept your stock orders. It is important to verify that your orders are placed in the correct account. If you manage several accounts, select the desired account from the drop-down menu located at the top of the STOCK ORDER ENTRY panel. To place an order, simply enter the stock symbol of the security in the SECURITY section. The TRANSACTION section allows you to select the type of transaction you wish to execute. The number of shares desired must be entered in the QUANTITY section and the desired type of order must be selected in the ORDER TYPE section. 3.1 Transaction types - Stocks Drop-down menu Buy Sell Short Cover Definition Buy Sell Short Selling Cover a Stock Position Details Buy stock Sell stock that you posses Sell stock that you do not posses Buy back the stocks that you shorted 7