trading - · pdf filenetexchangetm pro trading release 1.1 dated: 06/09/98 page 79 trading...

NETEXCHANGE TM PRO TRADING

Release 1.1 Dated: 06/09/98 Page 79

TRADING

Trading enables you to trade stocks, options and mutual funds, as wellas make inquiries about order status. The following functions areavailable:

þ Commissions - Browse broker daily revenues, month-to-date andyear-to-date commissions by product type and total.

þ Stocks - Buy or sell stocks.

þ Mutual Funds - Buy, sell or exchange load, low-load and no-loadmutual funds.

þ Options - Buy, sell or close options.

þ Orders - Inquire on status of, change or cancel orders.

Accessing Step Action

Trading Functions1 Click Trading in the Header of any page to access Trading.

Result: The Trading functions are displayed in theNavigation Bar (left column).

2 Click the Trading function you would like to access.

Result: The first page for the function selected isdisplayed.

Note: Without a valid account number in the Select box,Trading functions cannot be activated. For more details seeSelect Bar in the Introduction section.



Trading Commissions



Commissions The commission summary page provides data regarding revenue andcommissions resulting from broker trades. Complete the followingfields to view commission summary by broker:

Field Action

Office # Type your office number.

RR # Type your Registered Representative number.

Click Display.

Result: Your revenue and commissions are displayed includingthe following details:

• Product

• Daily Revenues

• Month-to-Date Commissions

• Year-to-Date Commissions



Trading Stock Buy/Sell Stock



Buy/Sell Stock Buy/Sell Stock enables you to buy or sell stock according to theparameters you wish to set on the trade. Refer to the following fieldinstructions for guidelines to placing an order:

Field Action

Enter Symbol orCompany Name

Type the security symbol or name of thecompany you want to trade in thecorresponding boxes provided.

• Click Get Quote to display the mostrecent quote for the security.

• Click Lookup to search for securitysymbols or company names.

Note: Click your browser’s Backbutton to return to Buy/Sell Stock.

Transaction Select the type of order you would like toplace from the drop-down box:

• Buy

• Sell

• Buy to Cover*

• Sell Short*

∗ Only available for accounts authorized formargin trading.

!WARNING

Equities trading is provided only to thoseRegistered Representatives that meetNASD licensing requirements. It is yourfirm’s responsibility to ensure that Reg-istered Representatives are permitted toengage in Equities trading and are incompliance with all other related laws andregulations.

Continued..........



Buy/Sell Stock Field Action

(Cont.) Quantity Type the number of shares you would like totrade.

Account Type Select from one of the following account typesin which you wish to place the order:

• Cash

• Margin*

• Short*

∗ Only available for accounts authorized formargin trading.

Order Type Select the type of order you would like toplace:

• Market

• Limit

• Stop

• Stop-Limit

Price Type the price per share of the order.

• Prices can be entered in whole numbers orwhole numbers followed by fractions ortheir decimal equivalent. (For example,$12.75 can be entered as 12 3/4 or12.75.)

Stop-Limit Price Complete only if you have selected Stop-Limit in the Order Type field. Type the limitprice at which you would like the order to beexecuted.

Continued..........


Release 1.1 Dated: 06/09/98 6





(Cont.) Add. Order Data Optional. Select one of the followingadditional order instructions:

AON - All or none.

NH - Not held - timing of execution will notbe held to match tape.

DNR - Do not reduce price on ex-dividenddate for GTC orders.

DNI - Do not increase shares on ex-dividenddate for GTC orders.

CASH - Stock is to be bought or sold forsame-day settlement.

ND - Next-day settlement.

Duration Select the length of time for which you wouldlike the order to remain open:

Day - Order expires at the end of the tradingday.

GTC - Good until canceled. Order remains ineffect until the client cancels or 90 days.

GTX - GTC order eligible for extendedmarket hours trading.

OC - Immediate or cancel order whichrequires that all or part of the order beexecuted as soon as the bid is entered.Unexecuted portions are automaticallycanceled.

FOK - Fill or kill order which requires that theentire order be executed immediately atthe price specified or immediatelycanceled.

Continued..........




(Cont.) P/A Indicator Select from one of the following principal/agency codes:

P - Member/member organization, non-program trade order.

I - Individual (80A), non-program trade order.

A - Other agency, non-program trade order.

D - Member/member organization, programtrade, index arbitrage.

J - Individual (80A), program trade, indexarbitrage.

U - Other agency, program trade, indexarbitrage.

C - Member/member organization, programtrade, non-index arbitrage.

K - Individual (80A), program trade, non-index arbitrage.

Y - Other agency, program trade, non-indexarbitrage.

Rte/Mlt/Com Optional, leave blank to charge standardcommission. Select from the followingcommission codes and complete the blank boxto the right:

RTE - Cents per share. Type the number ofcents in the field to the right. To charge35� per share, type 35.

MLT - Percentage discounted from the fullcommission. Type the percentage ofthe full commission to be charged in thefield to the right. For a 25% discount,type 75.

COM - Flat commission rate. Type the exactdollars and cents in the field to the right.

Continued..........




(Cont.) Solicited Optional. Select the appropriate indication ofclient solicitation for the trade. This isreflected on the confirmation:

• Yes

• No

Split RR1 Optional, complete only if commission is tobe split between two Registered Reps. Typethe first RR number followed by the percentthey are allocated.

Split RR2 Optional, complete only if commission is tobe split between two Registered Reps. Typethe second RR number followed by thepercent they are allocated.

Note: Split RR1 and Split RR2 fieldsmust equal 100% when totaled.

Trailers Optional. Type a message up to four lines(22 characters per line). Message will beprinted on client’s confirmation.

Continued… .......



Trading Buy/Sell Stock Order Review

Trading Buy/Sell Stock Order Received



Buy/Sell Stocks Step Action

(Cont.)1 After all fields in Buy/Sell Stock (page 83) are completed:

If… Then…

You would like toproceed with the order:

Ø Click Review BeforeSending.

Ø The Order Review pageappears.

You do not want toproceed with the order:

Ø Click Clear Order.

Ø The order is erased andall information lost.

2 Review the Buy/Sell Stock order review page:

If… Then…

All information in theorder is correct:

Ø Click Send Order.

Ø The Order Received pageappears.

You would like tochange information inthe order:

Ø Click Back.

Ø The Order Entry pagereappears.






Mutual Funds Provides functions for trading mutual funds:

• Buy

• Redeem

• Exchange

Note: Exchanges may only be executed within fund families thatpermit exchanges.

Click Mutual Funds on the Trading menu in the Navigation Bar (leftcolumn) to access Mutual Funds.

!WARNING

Mutual Funds trading is provided only tothose Registered Representatives thatmeet NASD licensing requirements. It isyour firm’s responsibility to ensure thatRegistered Representatives are permittedto engage in Mutual Funds trading and arein compliance with all other related laws andregulations.



Trading Mutual Funds Buy



Buy Mutual Funds Buy Mutual Funds enables you to place orders for a wide range ofmutual funds as well as to access fund data and descriptions.

Field Action

Enter fundsymbol/cusip orfirst letters of

name

Type the fund symbol or name of the fund youwant to trade in the corresponding boxesprovided.

• Click Lookup to search for fund symbolsor names.

Note: Click your browser’s Backbutton to return to Buy Mutual Funds.

Click Continue Placing Order to proceed with the order.

Result: The Buy Mutual Funds fund information page isdisplayed indicating whether the purchase is load, low- load orno-load.

Continued..........



Trading Mutual Funds Buy (Fund Information)



Buy Mutual Funds(Cont.)

The Buy Mutual Funds fund information page displays the following:

• Fund Name

• Fund Family

• Fund Symbol

• Fund Cusip

• Fund Info - load, low-load or no-load

• Description

Click Continue Placing Order to proceed with the order.

Result: The Buy Mutual Funds order page is displayed.




Trading Buy Mutual Funds Order (No-Load)




The Buy Mutual Funds order page enables you to specify importantdetails regarding the order which, if not completed correctly, willprevent the order from being placed.

Field Action

Amount Type the dollar amount or number of sharesyou would like to purchase.

Note: Dollar amount cannot exceed$999,999.99. Share amount cannotexceed 7 whole numbers followed by 3decimal places (7654321.321).

Reinvestment Indicate how you would like to receivedividends and capital gains:

Ø Click Yes to reinvest dividends and incomefrom the fund; or

Click No to receive dividends and incomefrom the fund.

Ø Click Yes to reinvest capital gains from thefund; or

Click No to receive capital gains from thefund.

Continued..........



Trading Buy Mutual Funds Order (No-Load)




The following are optional load and no-load fields that do not need tobe completed to place a mutual fund purchase order.

Note: Depending on whether the mutual fund being purchased isload or no-load, some of the following fields may not bedisplayed.

Field Action

Comm OVR Type a dollar amount to override standardcommission. This field will hold up to ninedigits for dollar amount, followed by two digitsfor cents.

Over/Under Load funds only. Select from the followingoptions to specify a dollar purchase requiring awhole number of shares:

Over - Order will be rounded up to thenearest number of whole shares tosatisfy the order.

Under - Order will be rounded down to thenearest number of whole shares tosatisfy the order.

RR OVR If you have special arrangements with the fund,type the fund-assigned RR number. Up to fivecharacters may be entered, three minimum.

Branch OVR If payment instructions are to be directed to abranch other than yours, type the branchnumber.

Continued..........



Trading Buy Mutual Funds Order (Load)



Buy Mutual Funds Field Action

(Cont.) Deliver Load funds only. Select one of the followingways the fund will settle or be delivered:

Street - Street name.

Physical - Certificate mailed to client.

Customer - Client name.

NAV Ind Load funds only. Select one of the followingcodes if purchase qualifies for net asset valuehandling:

No

Yes - NAV Transfer

Yes - Repurchase

Yes - Employee/RR

Yes - Error Correction

Yes - Wrap Fee Account

Yes - Other

Fund Account Load funds only. Select one of the followingaccount descriptions:

New - Fund account is new.

Existing - Fund account is not new.

Fund Account No. Load funds only. Type the fund accountnumber.

Continued..........




(Cont.) LOI/ROA Load funds only. Select one of the followingindications of client agreements:

None - Client has made no extra agreementswith correspondent.

LOI - Client has signed a Letter of Intent.

ROA - Client qualifies for Rights ofAccumulation.

LOI/ROA Value Load funds only. Must be completed if LOIor ROA was selected. Type dollar amount ofthe LOI or ROA breakpoint.

ROA Link Load funds only. Type the 20-characterROA link account if client wishes to link toanother account.

LOI Date Load funds only. If a LOI exists, type thedate the LOI was signed by the client or theLOI number was assigned by the fund.

• Enter dates in the MM/DD/YY format.

RR Name Load funds only. If the RR OVR field wascompleted, type the RR name.

Continued..........




(Cont.) Split RR1 If commission is to be split between twoRegistered Reps. Type the first RR number inthe left box, followed by the percent they areallocated in the right box.

Split RR2 If commission is to be split between twoRegistered Reps. Type the second RRnumber in the left box, followed by the percentthey are allocated in the right box.

Note: Total Split RR commissionpercentage should be less than or equalto 100%.

Comment Type a message up to 32 characters.

Click Review Before Sending.

Result: The Buy Mutual Funds order review page is displayed.



Trading Buy Mutual Funds Order Review

Trading Buy Mutual Funds Order Received



Buy Mutual Funds Step Action

(Cont.)1 Review the Buy Mutual Funds order review page.

If... Then...



Ø The Order Received pageis displayed.


Ø Click Back.

Ø The order entry page isdisplayed again.






Trading Mutual Funds Redemption Access

Trading Mutual Fund Redeem



Redeem MutualFunds

Redeem Mutual Funds facilitates redemption of both load and no-loadmutual funds.

To access Mutual Funds Redeem, click the Redeem hyperlink in thetop right corner of any Mutual Funds page. Upon accessing the page,a list of the client’s mutual fund positions is displayed, including:

• Security

• Quantity

• Price

• Value

Click on the security name of the mutual fund position you would liketo redeem.

Result: The Redeem Mutual Funds order entry page isdisplayed. The page title indicates whether the mutual fundselected is a load or no-load fund.

Continued..........



Trading Redeem Mutual Funds - Load Order Entry



Redeem MutualFunds (Cont.)

The Redeem Mutual Funds order entry page enables you to view afund’s value as of the previous business day and specify how much ofthe fund you would like to redeem.

Field Action

Amount Type the dollar amount or number of sharesyou would like to sell. Type F or Full in theshare field to redeem entire position.


The following are optional load and no-load fields that do not need tobe completed to place a mutual fund redemption order. Note thatdepending on whether the mutual fund being sold is load or no-load,some of the following fields may not be displayed.

Field Action

Comm OVR Type a dollar amount to override standardcommission. You may enter up to nine digitsfor dollar amount followed by two digits forcents.

RR OVR Load funds only. If you have specialarrangements with the fund, type the fund-assigned RR number. Up to five charactersmay be entered.

RR NAME Load funds only. If the RR OVR field wascompleted, type the RR name.

Continued..........



Trading Redeem Mutual Funds - Load Order Entry



Redeem Mutual Field Action

Funds (Cont.) CDSC Waiver Load funds only. Select one of the followingindications of whether or not you will waivethe CDSC (contingent deferred sales charge):

N - No (Gross/Net field must be completed).

Y - Yes (Comment field must be completed).

Gross/Net Load funds only. Must be completed if “No”was selected in the previous field. Select oneof the following indications of whether or notthe dollar amount of the trade includes theCDSC:

Gross - Dollar amount includes CDSCdeduction.

Net - Dollar amount after deduction.

Split RR1 If commission is to be split between twoRegistered Reps. Type the first RR number inthe left box followed by the percent they areallocated in the right box.

Split RR2 If commission is to be split between twoRegistered Reps. Type the second RRnumber in the left box followed by the percentthey are allocated in the right box.


Comment Type a message up to 32 characters. Must becompleted if “Yes” was selected in CDSCWaiver field.

Continued..........



Trading Redeem Mutual Funds Order Review

Trading Redeem Mutual Funds Order Received



Redeem Mutual Step Action

Funds (Cont.)1 If... Then...



Ø The Order Review page isdisplayed.




2 Review the Redeem Mutual Funds Order Review page.

If... Then...





Ø Click Back.

Ø The order entry page isdisplayed again.


Ø Click Cancel.




Trading Mutual Funds Exchange Access

Trading Mutual Fund Exchange



Exchange MutualFunds

The Exchange Mutual Funds order entry page enables you tosimultaneously redeem and purchase funds within the same fund family.Only select fund families allow exchanges.

To access Mutual Funds Exchange, click the Exchange hyperlink in thetop right corner of any Mutual Funds page. Upon accessing the page,a list of the client’s exchange-eligible mutual fund holdings will bedisplayed, including:

• Security

• Quantity

• Price

• Value

Note: An exchange may be a taxable event. Clients may wishto consider tax implications prior to placing an exchange order.

Click on the fund name that you would like to exchange.

Result: The Exchange Mutual Funds purchase into page isdisplayed.

Continued..........



Trading Exchange Mutual Funds Purchase Into



Exchange MutualFunds (Cont.)

The Exchange Mutual Funds Purchase Into page displays:

• Mutual fund to be exchanged (selected on the previous page), andthe current value of that position.

• Mutual funds that are exchange-eligible.

Note: Load mutual funds and no-load mutual funds are notinterchangeable.

Click the mutual fund that you would like to purchase.

Result: The Exchange Mutual Funds order page is displayed.

Continued..........



Trading Exchange Mutual Funds Order




The Exchange Mutual Funds order entry page enables you to view afund’s value as of the previous business day and specify how much ofthe fund you would like to redeem.

Field Action

Amount Type the dollar amount or number of sharesyou would like to purchase. Type F or Full inthe share field to redeem entire position.


Reinvestment Indicate how you would like to receivedividends and gains and capital gains:

Ø Click Yes to reinvest dividends and incomefrom the fund; or

Click No to receive dividends and incomefrom the fund.

Ø Click Yes to reinvest capital gains from thefund; or

Click No to receive capital gains from thefund.

Continued..........



Trading Exchange Mutual Funds Order




The following are optional fields that do not need to be completed toplace a mutual fund exchange order:

Field Action

Comm OVR Type a dollar amount to override standardcommission. Field holds up to nine digits fordollar amount, followed by two digits forcents.

Comm OVR To Type a dollar amount to override standardcommission on receiving side. Field holds upto nine digits for dollar amount, followed bytwo digits for cents.

Split RR1 If commission is to be split between twoRegistered Reps. Type the first RR number inthe left box, followed by the percent they areallocated in the right box.

Split RR2 If commission is to be split between twoRegistered Reps. Type the second RRnumber in the left box, followed by the percentthey are allocated in the right box.


Comment Type a message up to 32 characters.

Click Review Before Sending to proceed with the order.

Result: The Exchange Mutual Funds order review page isdisplayed.

Continued..........



Trading Exchange Mutual Funds Order Review

Trading Exchange Mutual Funds Order Received




The Exchange Mutual Funds Order Review page provides a summaryof the order entered.

Step Action

1 Review the Exchange Mutual Funds Order Review page:

If... Then...





Ø Click Back.

Ø The order page isdisplayed again.






Options Provides functions for trading options:

• Buy Calls/Puts

• Close Calls/Puts

• Covered Calls

Click Options on the Trading menu in the Navigation Bar (left column)to access Options.

!WARNING

Options trading is provided only to thoseRegistered Representatives that meetNASD licensing requirements. It is yourfirm’s responsibility to ensure thatRegistered Representatives are permittedto engage in Options trading and are incompliance with all other related laws andregulations.



Trading Options Buy Calls/Puts



Buy Calls/Puts Buy Calls/Puts enables you to buy calls and puts according to theparameters you wish to set on the trade. Refer to the following fieldinstructions for guidelines to placing an order and the options available:

Field Action

Enter stock symbol Type the underlying stock symbol or name.

• Press Lookup to search for stock symbolsor company names.

Note: Click your browser’s Backbutton to return to Buy Calls/Puts.

Click Continue to proceed with the order.

Result: The select options page is displayed, listing the calls orputs available for the underlying stock, as well as the stockquote.




Trading Options Buy Calls/Puts Select Options



Buy Calls/Puts(Cont.)

The Buy Calls/Puts select options page displays the strike pricesavailable for the underlying stock selected on the previous page.

Refer to the following details regarding reading the Calls and Putscharts:

• Columns - Options are listed by expiration month for callsfollowed by expiration month for puts.

• Rows - Options are listed chronologically by strike price.

Click the strike price that you would like to purchase.

Result: The Buy Calls/Puts order page for the strike priceselected is displayed.




Trading Options Buy Calls/Puts Order



Buy Calls/Puts(Cont.)

The Buy Calls/Puts order page enables you to specify the conditionsunder which the order will be executed. The Option, Real-TimeQuote and Transaction fields are read-only fields pre-filled with thecurrent quote for the option and the transaction previously selected.

Field Action

Quantity Type the number of contracts you would liketo buy.


• Market

• Limit

• All or None

Price Type the price per share for the order.

• Prices can be entered in whole numbers orwhole numbers followed by fractions ortheir decimal equivalent. (For example,$1.75 can be entered as 1 3/4 or 1.75.)

Duration Click the duration for which you would like theorder to remain active:

• Day

• GTC

• Fill or Kill

Continued..........



Buy Calls/Puts Field Action

(Cont.) Add. Order Data Optional. Select the following additionalorder instruction:

AON - All or none. Do not execute orderpartially.

Account Type Select from one of the following account typesin which you wish to place the order:

• Cash

• Margin

• Short





Continued..........



Buy Calls/Puts Field Action

(Cont.) Solicited Optional. Select the appropriate indication ofclient solicitation for the trade. This isreflected on the confirmation:

• Yes

• No

Split RR1 Optional, complete only if commission is tobe split between two Registered Reps. Typethe first RR number followed by the percentthey are allocated.



Trailers Optional. Type a message up to 25characters. Message will be printed onclient’s confirmation. Caution: What youtype is what will appear on client’s state-ment. No spell-check or edits can be madeon this text.

Continued..........



Trading Options Buy Calls/Puts Review Order

Trading Options Buy Calls/Puts Received Order



Buy Calls/Puts Step Action

(Cont.)1 Once all fields on the Buy Calls/Puts page (page 133) have

been completed:

If... Then...







2 Review the Buy Calls/Puts Order Review page.

If... Then...


Ø Click the Send Orderbutton.

Ø The Order Received pagewill appear.


Ø Click the Back button.

Ø The order entry page willreappear.



Ø The order will be erasedand all information lost.



Trading Options Close Calls/Puts



Close Calls/Puts Close Calls/Puts enables you to close an option position in the client’sportfolio. To access Close Calls/Puts click the Close Calls/Putshyperlink in the top right corner of any Trading Options page. Uponaccessing the page, a list of the client’s open positions is displayed,including:

• Security

• Quantity

• Price

• Value

Click the security name of the option position you would like to close.

Result: The Close Calls/Puts order page is displayed.

Continued..........



Trading Options Close Calls/Puts Order



Close Calls/Puts(Cont.)

Complete the following fields on the Close Calls/Puts order page:

Field Action

Quantity Type the number of contracts you would liketo close.


• Market

• Limit

• All or None



Additional Optional. Select one of the followingadditional order instructions:

NH - Not held - timing of execution will notbe held to match tape.

DNR - Do not reduce price on ex-dividenddate for GTC orders.

DNI - Do not increase shares on ex-dividenddate for GTC orders.

CASH - Stock is to be bought or sold forsame-day settlement.

ND - Next-day settlement.

Continued..........



Close Calls/Puts Field Action

(Cont.) Duration Click the duration for which you would like theorder to remain active:

• Day

• GTC

• Fill or Kill





Solicited Optional. Select the appropriate indication ofclient solicitation for the trade. This isreflected on the confirmation:

• Yes

• No

Continued..........



Close Calls/Puts Field Action

(Cont.) Split RR1 Optional, complete only if commission is tobe split between two Registered Reps. Typethe first RR number followed by the percentthey are allocated.



Trailers Optional. Type a message up to 25characters. Message will be printed onclient’s confirmation. Caution: What youtype is what will appear on client state-ment. No spell-check or edits can be madeon this text.

Continued..........



Trading Options Close Calls/Puts Order Review

Trading Options Close Calls/Puts Order Received



Close Calls/Puts Step Action

(Cont.)1 Once all fields on the Close Calls/Puts page (page 143) have

been completed:

If... Then...







2 Review the Close Calls/Puts Order Review page.

If... Then...





Ø Click Back.

Ø The order entry pagereappears.






Trading Options Covered Calls



Covered Calls Covered Calls enables you to write covered calls for the client. Toaccess Covered Calls click the Covered Calls hyperlink in the top rightcorner of any Trading Options page. Upon accessing the page, a listof the client’s current positions is displayed, including:

• Security

• Quantity

• Price

• Value

Click the security position you would like to write a covered callagainst.

Result: The Write Covered Calls select options page appears.

Continued..........



Trading Options Covered Calls (Select Options)



Covered Calls(Cont.)

The Write Covered Calls select options page displays the strike pricesavailable for the underlying stock selected on the previous page.

Refer to the following details regarding reading the Calls chart:

• Columns - Options are listed by expiration month for callsfollowed by expiration month for puts.

• Rows - Options are listed chronologically by strike price.

Click the strike price of the option that you would like to write.

Result: The Write Covered Calls order page appears.

Note: The strike price selected is not necessarily the marketprice. A full quote for the option selected is provided on theWrite Covered Calls order page.




Trading Options Write Covered Calls Order



Covered Calls(Cont.)

The Write Covered Calls order page enables you to specify theconditions under which the order will be executed. The Option, Real-Time Quote and Transaction fields are read-only fields pre-filled withthe current quote on the option and the transaction previously selected.

Field Action

Quantity Type the number of contracts you would liketo sell.


• Market

• Limit

• All or None



Duration Click the duration for which you would like theorder to remain active:

• Day

• GTC

• Fill or Kill

Add. Order Data Optional. Select the following additionalorder instruction:

AON - All or none. Do not execute orderpartially.

Continued..........



Trading Options Write Covered Calls Order



Covered Calls Field Action

(Cont.) Rte/Mlt/Com Optional, leave blank to charge standardcommission. Select from the followingcommission codes and complete the blank boxto the right:


MLT - Percentage discounted from fullcommission. Type percentage of fullcommission to be charged in field toright. For a 25% discount, type 75.

COM - Flat commission rate. Type exactdollars and cents in field to right.

Solicited Optional. Select the appropriate indication ofclient solicitation for the trade. This isreflected on the confirmation:

• Yes

• No

Split RR1 Optional, complete only if commission is tobe split between two Registered Reps. Typethe first RR number followed by percent theyare allocated.



Trailers Optional. Type a message up to 25 charac-ters. Message will be printed on client’sconfirmation. Caution: What you type iswhat will appear on client’s statement.



Continued..........



Trading Options Write Covered Calls Order Review

Trading Options Write Covered Calls Order Received



Covered Calls Step Action

(Cont.)1 After all fields on the Write Covered Calls page (page 155)

are complete:

If... Then...







2 Review the Write Covered Calls order review page.

If... Then...





Ø Click the Back button.

Ø The order entry pagereappears.






Trading Order Status



Order Status Provides a read-only display of current orders by account and thestatus of each order, as well as cancel and change order functions.

Note: Only orders that have not been fully executed may becanceled or changed.

To access Order Status:

Ø Click Order Status on the Portfolio or Trading Navigation Bars(left column); or

Ø Select Order Status on the Select Bar.

See Portfolio Order Status (page 59) for further details.

trading - · pdf filenetexchangetm pro trading release 1.1 dated: 06/09/98 page 79 trading...

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