|
|
|
|
CANCEL AND CANCEL/REPLACE (Back to Index) Cancel Trade To Cancel a trade you have entered, first select the order by left clicking on that order in the Order Status window. Then with the cursor over the Order Status window, right click and select Cancel Trade. You will then see your green Working order turn into a red Canceled order in the Order Status window.  When you select Cancel, a confirmation box will NOT appear asking if you are certain you want to cancel the trade. It will send the cancel request automatically. Cancel/Replace Trade Function Cancel/Replace trades also can be executed from the Order Status Screen. To execute a Cancel/Replace order, select the Working order (shown in green) that you wish to modify by left clicking next to that order in the Order Status Window. Once the order you want to modify is selected, right click on your mouse and select Cancel/Replace Trade.  So if you selected Cancel/Replace Trade for a working order, you would see this screen:  From here you have the option to change the Price and/or Quantity. Once you are satisfied with your changes, click the submit button from the Cancel/Replace screen. After submitting your Cancel/Replace order, go to the main BEST Direct screen. You will see your previous order drop to the bottom of the screen as a red Canceled order and your new order as a green Working order:  The Cancel Trade and Cancel/Replace functions are also available from the Order Management screen under the View dropdown menu. NOTE: You cannot Cancel or Cancel/Replace a Market Order. Also, when you Cancel or Cancel/Replace a working order, there is no guarantee that you will not be filled on your original order. Even if your order turns red on your side, indicating a Canceled order, it doesn’t necessarily mean that your Cancel has been confirmed. If you are too late to Cancel an order, you will receive a notification on your screen. At this time, you will also see your red Canceled order turn back into a green Working order, and will be instructed to await your fill. Copyright © Manduca Trading LLC 2003. All Rights Reserved. |
|
There is a substantial risk of loss in futures,
futures option and forex trading. Furthermore, Manduca Trading LLC is not responsible
for the accuracy of the information contained on linked sites. Manduca Trading LLC is a
registered Independent Introducing Broker with the NFA and CFTC. |
 |
|
 |
