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TradeStation's TradeManager

An advanced order management system

   
View TradeManager Demo
TradeStation’s TradeManager is an advanced order management system that allows you to easily view and manage your orders and positions on a real-time basis. All it takes is a single glance at your screen to see the real-time status of all your open, cancelled and filled orders, open positions, real-time profit/loss...and much more. Multiple accounts can be easily managed from a convenient drop-down list. And all information will be easily displayed on a real-time basis in one of the following nine tabs:
               
Balances Open Positions Strategy Positions Allocations*
Today's Orders Strategy Orders Average Price Reporting Messages
Parked Orders            
   
For clients who have a team of traders, the TradeManager allows you to easily view and manage the trades placed by all traders in real-time. You can limit viewing access to a single supervisory, master account, or allow all traders to view trades placed by all traders, across all accounts. Plus, the TradeStation Order Execution Network supports integration with many popular Order Management Systems so that your Order Management System can be updated real-time or by inserting trades you have placed.
 
Balances
This tab displays your account statistics, including your real-time account net worth, real-time overnight and daytrading buying power, real-time realized and unrealized profit/loss, and many more crucial account information.
   
 
   
 
Today's Orders
The Today’s Orders tab displays all your orders for the day, color-coded based on the order status (i.e., open, filled, cancelled, etc.). The colors change automatically as the order status changes. You can easily filter the view based on order status (open, filled, etc.) and/or account number and sort on any column to quickly find a desired order. To cancel an order, simply right-click on the displayed order, and choose "Cancel/Close." And, if you'd like to quickly access a particular symbol, you can easily sort by symbol.
   
 
   
 
Parked Orders
This tab displays the list of parked orders that you have previously created and saved. You can park orders to send them easily with just one mouse click when you’re ready, or use them over and over again as a template.
   
 
   
 
Open Positions
This tab displays your current long and/or short open positions, color-coded so you can see them at a glance. Winning positions are highlighted in green and losing positions are highlighted in red. To close a position or cancel an order, simply right-click on the displayed order, and choose "Cancel/Close." To reverse a position, simply right-click on the displayed position, and choose “Reverse”. And, if you'd like to quickly access a particular symbol, you can easily sort by symbol.
   
 
   
 
Strategy Orders
The Strategy Orders tab displays information about any trades generated by a trading strategy. When you automate a strategy applied to a chart and the market conditions meet the criteria of that strategy, a strategy order is generated and sent to this tab. You can filter the information displayed using the following filters: All Orders, Active Orders, Filled Orders, Canceled Orders, and Ignored Orders.
   
 
   
 
Strategy Positions
This tab allows you to track your strategy positions against your actual open positions in order to identify any potential discrepancies. The entries are color-coded so you can see them at a glance; winning positions are highlighted in green and losing positions are highlighted in red.
   
 
   
 
Allocations
This tab allows you to perform block trade allocations for a single large Equity order across multiple accounts.* Allocations can be specified by dollar amount or by percentage of total order or equity.
   
   
 
   
 
Messages
This tab displays trade status information from the TradeStation order server and ECNs for the current user session.
   
 
   
 
Average Price Reporting
   
 

 
 
System access and trade placement and execution may be delayed or fail due to market volatility and volume, quote delays, system and software errors, internet traffic, outages and other factors.
 

*

Block Trade Allocations is a feature that will allow RIAs, fund managers and other eligible institutional traders to execute a single large order and then allocate the shares across multiple accounts. If you are interested in learning more about this feature, then please contact the Institutional Sales department at (800) 579-7616.


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