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All the Tools You Need to Invest

Get the Most Advanced Trading Tools to help meet all of your online investing needs! 

  


Advanced Trading Tools to meet the needs of the most sophisticated investors, active traders and professional fund managers:
 

US & Global Equities


Extensive Options Tools  


Balance Market Impact & Risk

 

Stock Borrow Loan and Short Stock Availability Tool in Account

Professional trading tools, combined with award winning trading platforms, over 60 different order types, lightning-fast navigation, advanced capabilities and verified best execution truly make Place Trade the smartest place for all of your online trading needs!




 
     

PlaceTrader Workstation (TWS) Trading Tools

 

 

 

Sophisticated trading tools combined with over 60 different order types, lightning-fast navigation and advanced capabilities put Place Trader Workstation (TWS) at the front of the pack when it comes to online trading.

Learn more about the elite trading tools that allow Place Trade clients to implement their investment strategies without hindrance via the links below or check out the Place Trade Workstation Users Guide. (Please be sure to check out our Mosaic Interface and WebTrader platform as well.)

 

The following trading tools include our traditional Trader Workstation (TWS) trading platform as well as the Mosaic Application Interface:  

 

Mosaic Tools and Tiles

The default Mosaic includes a subset of tools and tiles, but you can add and rearrange the existing tiles, and open tools as standalone windows.

Trade

    

Trade in Mosaic

The Mosaic trading tools make it easy to create, submit and modify orders.

Strategy Builder

Advanced Orders Panel

Pause Execution

Quotes

    

Quotes and Data in Mosaic

Depth and breadth of quotes across our myriad Mosaic tools.

Predefined Watchlists

Level II Market Depth

Time and Sales Data

Price History Window

Option Chains

Option Selector

The Quote Details Window

FX Matrix

SLB (Stock Loan Borrow) Rates

Analytics

Technical Analytics

Find market scanners, charts, labs and more in our robust offering of technical analytics.

Portfolio Builder

Portfolio Performance Profile

Predefined Mosaic Market Scanners

Mosaic Market Statistics

Advanced Market Scanner

Complex Orders and Trades Scanner

Continuous Futures

Mutual Fund/ETF Replicator

Time and Sales Data

Performance Profile

Virtual Securities

Price History

Market Scanners

Charts

Chart Indicators

Bond Search

 

Options Analysis

Options Analysis

Use or options labs to create the best strategies for your portfolio.

Volatility

Volatility Lab

The Volatility Lab offers a comprehensive toolkit of volatility tools that help to provide a snapshot of past and future readings for volume on a stock, its industry peers and some measure of the broad market.

Volatility Lab

Volatility Over Time

Multi Expiry Skew

Time Lapse Skew

Implied Volatility by Expiry

Historical Volatility

Probability LabSM (Patent Pending)

Option Strategy Lab

Option Activity

Option Volume by Strike

Open Interest by Strike

Interactive Analytics

Greeks

Put & Call P&L

Option Analytics

Strategy Performance Graph

Portfolio Analyst

Wall Street Horizon Data

The Toolbox

 

Information System

Information System

News and fundamentals abound throughout the Information System.

Event Calendars

Daily Lineup

Fundamentals

TopicCompany Overview

TopicFinancial Summary

TopicOwnership Tear Sheet

TopicShort Interest Tear Sheet

TopicDividend Calendar

TopicAnalyst Ratings (Details)

TopicAnalyst Ratings (Summary)

TopicRatios

TopicFinancial Statements

TopicAnalyst Forecasts

TopicSimilar Products

Analyst Research  

Analyst Research

Research and analysis from top providers.

Analyst Actions

Recent Publications

Premium Market Content

 

 

Trading Tools

TWS provides a comprehensive collection of specialized trading tools that function separately as stand-alone windows, and in conjunction with other TWS tools. Our expanding family of order management applications include:

BasketTrader

BookTrader

ChartTrader

ComboTrader

EFPs

FXTrader

Cash Quantity for Forex Orders

Integrated Stock Window (ISW)

Market Depth

Merger Arbitrage Window

OptionTrader

Order Ticket

Pre-Borrows for Shorting

Quantity Calculator

Rapid Order Entry

Rebalance Portfolio

SpreadTrader

TWS Blotter

VolatilityTrader

Write and Roll Options

Yield Optimizer

 

Mathematical Analysis

 

Interactive Analytics®

Interactive Analytics (IB) is a suite of mathematical risk-assessment tools that uses a combination of market data and parametric values to:

  • Assess the risk of your entire portfolio across asset classes and look at the risk of "what-if" scenarios (Portfolio Analytics)
  • Mathematically value and risk-assess individual option classes (Option Analytics).

Interactive Analytics does not support pricing and risk analysis for futures options. Before you use IA, please review the Interactive Analytics Use Agreement and Disclaimer.

 

Portfolio Analytics

 

Portfolio Analytics shows your portfolio risk across multiple asset classes, and allows you to create hypothetical "what-if" risk scenarios by adding, removing and modifying contract positions. Five tabbed pages show specific slices of your portfolio risk sorted by position, underlying and Greek risk dimension. The bottom half of the Portfolio Analytics window displays portfolio- and sub-portfolio value plots, which show the contribution that each contract in your portfolio or sub-portfolio makes to the slope and curvature of the plot.

 

Option Analytics

 

Option Analytics is accessed through the Option Trader window, and includes the following tools:

  • The main Option Trader window which can be configured to display the real-time model prices, implied volatilities and the Greek risk measures
  • The Option Analytics window which shows theoretical prices over a range of underlying prices (updated on a daily basis)
  • The Option Model Editor, where you view and change the model pricing assumptions.

Please review the TWS User's Guide for more information on Interactive Analytics.

 

TWS Arbitrage Meter

 

The Index Arbitrage Meter illustrates the extent of the premium (or discount) of the lead month futures price above (or below) its fair future value with respect to the index price. A green bar indicates that the lead month futures price is at a premium to (i.e. greater than) its fair future value. A red bar indicates that the lead month futures price is at a discount to its fair future value. This tool is available for Indices and Futures on Indices.

To see the Arbitrage meter, make sure "Show Arbitrage Meter" is selected under the "Settings" menu.

How to display the Arbitrage Meter for an Index:

  1. Click on the desired market data line to select the index.
  2. Right click and select Show Arbitrage Meter.

 

Marketwatch News

 

We provide the latest Marketwatch news and research from the Trader Workstation.

How to access news: Right click any market data line ticker and then choose "Show News".

 

Charts

 

We provide 20 minute delayed Bigcharts over numerous time periods from within Trader Workstation.

How to access charts: right-click any market data line ticker and choose "Show Graph".

 

Model Portfolios

Models provide an efficient process to manage multiple trading strategies for clients without requiring open multiple accounts. Client investments are allocated among instruments in the Model based on the Model's allocation ratios as defined by the account manager.

Create a Model

Initially Fund and Populate a Model

Establish Target Percent Allocations

Fund the Model

Purchase Model Investments

View Models and Positions

Invest Client Funds in a Model

Invest in Multiple Models

Divest from a Model

Withdraw Cash from a Model

Rebalance a Model

Reallocate Funds

Monitor Model Activity

Delete a Model

 

 

 

PlaceTrader Workstation (TWS) Trading Tools

 

 

Sophisticated trading tools combined with over 60 different order types, lightning-fast navigation and advanced capabilities put Place Trader Workstation (TWS) at the front of the pack when it comes to online trading.

Learn more about the elite trading tools that allow Place Trade clients to implement their investment strategies without hindrance via the links below or check out the Place Trade Workstation Users Guide. (Please be sure to check out our Mosaic Interface and WebTrader platform as well.)

 

The following trading tools include our traditional Trader Workstation (TWS) trading platform as well as for the Mosaic Application Interface:  

 

Mosaic Tools and Tiles

The default Mosaic includes a subset of tools and tiles, but you can add and rearrange the existing tiles, and open tools as standalone windows.

Trade

    

Trade in Mosaic

The Mosaic trading tools make it easy to create, submit and modify orders.

Strategy Builder

Advanced Orders Panel

Pause Execution

Quotes

    

Quotes and Data in Mosaic

Depth and breadth of quotes across our myriad Mosaic tools.

Predefined Watchlists

Level II Market Depth

Time and Sales Data

Price History Window

Option Chains

Option Selector

The Quote Details Window

FX Matrix

SLB (Stock Loan Borrow) Rates

Analytics

Technical Analytics

Find market scanners, charts, labs and more in our robust offering of technical analytics.

Portfolio Builder

Portfolio Performance Profile

Predefined Mosaic Market Scanners

Mosaic Market Statistics

Advanced Market Scanner

Complex Orders and Trades Scanner

Continuous Futures

Mutual Fund/ETF Replicator

Time and Sales Data

Performance Profile

Virtual Securities

Price History

Market Scanners

Charts

Chart Indicators

Bond Search

 

Options Analysis

Options Analysis

Use or options labs to create the best strategies for your portfolio.

Volatility

Volatility Lab

The Volatility Lab offers a comprehensive toolkit of volatility tools that help to provide a snapshot of past and future readings for volume on a stock, its industry peers and some measure of the broad market.

Volatility Lab

Volatility Over Time

Multi Expiry Skew

Time Lapse Skew

Implied Volatility by Expiry

Historical Volatility

Probability LabSM (Patent Pending)

Option Strategy Lab

Option Activity

Option Volume by Strike

Open Interest by Strike

Interactive Analytics

Greeks

Put & Call P&L

Option Analytics

Strategy Performance Graph

Portfolio Analyst

Wall Street Horizon Data

The Toolbox

 

Information System

Information System

News and fundamentals abound throughout the Information System.

Event Calendars

Daily Lineup

Fundamentals

TopicCompany Overview

TopicFinancial Summary

TopicOwnership Tear Sheet

TopicShort Interest Tear Sheet

TopicDividend Calendar

TopicAnalyst Ratings (Details)

TopicAnalyst Ratings (Summary)

TopicRatios

TopicFinancial Statements

TopicAnalyst Forecasts

TopicSimilar Products

Analyst Research  

Analyst Research

Research and analysis from top providers.

Analyst Actions

Recent Publications

Premium Market Content

 

 

Trading Tools

TWS provides a comprehensive collection of specialized trading tools that function separately as stand-alone windows, and in conjunction with other TWS tools. Our expanding family of order management applications include:

BasketTrader

BookTrader

ChartTrader

ComboTrader

EFPs

FXTrader

Cash Quantity for Forex Orders

Integrated Stock Window (ISW)

Market Depth

Merger Arbitrage Window

OptionTrader

Order Ticket

Pre-Borrows for Shorting

Quantity Calculator

Rapid Order Entry

Rebalance Portfolio

SpreadTrader

TWS Blotter

VolatilityTrader

Write and Roll Options

Yield Optimizer

 

Mathematical Analysis

 

Interactive Analytics®

Interactive Analytics (IB) is a suite of mathematical risk-assessment tools that uses a combination of market data and parametric values to:

  • Assess the risk of your entire portfolio across asset classes and look at the risk of "what-if" scenarios (Portfolio Analytics)
  • Mathematically value and risk-assess individual option classes (Option Analytics).

Interactive Analytics does not support pricing and risk analysis for futures options. Before you use IA, please review the Interactive Analytics Use Agreement and Disclaimer.

 

Portfolio Analytics

 

Portfolio Analytics shows your portfolio risk across multiple asset classes, and allows you to create hypothetical "what-if" risk scenarios by adding, removing and modifying contract positions. Five tabbed pages show specific slices of your portfolio risk sorted by position, underlying and Greek risk dimension. The bottom half of the Portfolio Analytics window displays portfolio- and sub-portfolio value plots, which show the contribution that each contract in your portfolio or sub-portfolio makes to the slope and curvature of the plot.

 

Option Analytics

 

Option Analytics is accessed through the Option Trader window, and includes the following tools:

  • The main Option Trader window which can be configured to display the real-time model prices, implied volatilities and the Greek risk measures
  • The Option Analytics window which shows theoretical prices over a range of underlying prices (updated on a daily basis)
  • The Option Model Editor, where you view and change the model pricing assumptions.

Please review the TWS User's Guide for more information on Interactive Analytics.

 

TWS Arbitrage Meter

 

The Index Arbitrage Meter illustrates the extent of the premium (or discount) of the lead month futures price above (or below) its fair future value with respect to the index price. A green bar indicates that the lead month futures price is at a premium to (i.e. greater than) its fair future value. A red bar indicates that the lead month futures price is at a discount to its fair future value. This tool is available for Indices and Futures on Indices.

To see the Arbitrage meter, make sure "Show Arbitrage Meter" is selected under the "Settings" menu.

How to display the Arbitrage Meter for an Index:

  1. Click on the desired market data line to select the index.
  2. Right click and select Show Arbitrage Meter.

 

Marketwatch News

 

We provide the latest Marketwatch news and research from the Trader Workstation.

How to access news: Right click any market data line ticker and then choose "Show News".

 

Charts

 

We provide 20 minute delayed Bigcharts over numerous time periods from within Trader Workstation.

How to access charts: right-click any market data line ticker and choose "Show Graph".

 

Model Portfolios

Models provide an efficient process to manage multiple trading strategies for clients without requiring open multiple accounts. Client investments are allocated among instruments in the Model based on the Model's allocation ratios as defined by the account manager.

Create a Model

Initially Fund and Populate a Model

Establish Target Percent Allocations

Fund the Model

Purchase Model Investments

View Models and Positions

Invest Client Funds in a Model

Invest in Multiple Models

Divest from a Model

Withdraw Cash from a Model

Rebalance a Model

Reallocate Funds

Monitor Model Activity

Delete a Model

 

 

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Learn more about retirement planning by visiting some of the links below:

Roth IRA

SEP IRA

SIMPLE IRA

Traditional IRA

Qualified Plans

Rollover IRAs

Find out how Place Trade can help you get the most out of your college planning by visiting some of the links below:


Coverdell ESA

529 College Savings Plans

UGMA/UTMA Accounts

 

 

 

Enjoy even more tools with our Mosaic Interface and WebTrader Platform

In addition to the TWS trading tools above, we offer many great features through our truly elegant Mosaic Interface as well as with our super simple to use Place Trader (WebTrader) platform!

 

The Mosaic Interface

Check out Mosaic! It is our newest interface - an upgrade to our Trader Workstation (TWS) platform - that is fully customizable, is easy to use and offers a ton of great features.  You will love it!  (Yes, you can still use our traditional TWS platform as well.)   There is an additional list of trading tools listed under the Mosaic link.  (There is no additional charge to use this fantastic interface.) 


Place Trade WebTrader  

Place Trade WebTrader features a cleaner, simpler platform designed for traders who consistently trade in a single category of securities or in a specific market. Intuitive design allows traders to execute their orders without wading through excess information.


The following trading tools are for our traditional Trader Workstation (TWS) trading platform (and link to highlights of each):


The Watchlist

Our Watchlist tool allows you to view several contracts all together in a small window that can be moved anywhere on your desktop. Create multiple named Watchlist windows, grouping contracts by industry or any other organizational criteria.

The Watchlist tool features the following capabilities:

  • Display TWS menus by clicking the Watchlist Settings page in Global Configuration and checking Display pull-down menus
  • Populate the Watchlist by entering the underlying symbol in the Contract column, or by dragging and dropping a ticker line from another TWS window into the Watchlist
  • If you drag a Group Header in the Watchlist, the header and all contracts in that section will be copied into the Watchlist
  • Add more Contract/Last/Change columns by dragging to expand the width of the window
  • Customize fields in the column using the Watchlist Layout page in Global Configuration

 

BasketTrader

Manage groups of orders on multiple products, and create order groups modeled on popular indices with ease using our sophisticated BasketTrader tool. Learn to send a basket order, create a Basket File in Place Trader Workstation, manually create a Basket File, and use our IndexTrader to create basket orders based on indices like a seasoned trader.

 

Stock Borrow/Loan

Clients who have been approved for Portfolio Margin may use our Stock Borrow/Loan feature to borrow or lend US stocks electronically. This capability allows traders to implement advanced trading strategies

 

Yield Optimizer

Our Yield Optimizer compares rates for borrowing and lending stock so that you can see projected returns if you invest the unused portion of your account equity. Compare borrowing rates for hard-to-borrow stocks using various strategies.

 

Place Trader Workstation TWS Blotter

Receive, stage, submit, and monitor orders all from one window with the Place Trader Workstation Blotter, a unit in our suite of specialized order management tools. Receive and create tickets and manage orders through one screen with this sophisticated tool.

 

BookTrader

Create an order at any price, including the best bid and ask, with a single click in the BookTrader price ladder. Transmit orders with a single click  or by using a hotkey once you’ve set up Instantaneous Transmit. BookTrader displays a separate window for each contract you select.

 

ChartTrader

Submit orders directly from any real-time chart within the Place Trader Workstation using the ChartTrader. Instantaneous orders can be created and sent by clicking directly on any chart or by accessing the Quote Panel.

 

ComboTrader

ComboTrader allows you to create orders containing both stock and options legs through a single tool. Although the order will be constructed of separate legs, it will be executed as a single transaction if it is routed directly to an exchange.

 

Market Depth

Evaluate market liquidity more thoroughly by viewing alternative bids and offers from the inside quote through our Market Depth tool. Once you’ve gauged the market and are comfortable with your investment decision, create and transmit orders through the same window.

 

Rebalance Portfolio

Use the Rebalance window to redistribute percentages of positions in your portfolio that make up your liquidation value. The rebalance function automatically opens and closes positions based upon new percentages that you enter. Add contracts and create orders just as you would from the main trading screen.  Use the Import and Export tool to rebalance your portfolio as well.

 

The Integrated Stock Window

One-click order entry, comprehensive market data, and detailed charts make the Integrated Stock Window, or ISW, a trader’s dream. It is a centralized single-symbol window featuring a quote panel that displays data for selected stocks. From one screen you can view Level I and Level II quotesconfigure your order & trading tools buttonscreate orders, access other order toolscreate advanced orders and modify both new and working orders.

 

OptionTrader

A multifunctional and configurable standalone screen, the OptionTrader is the ideal tool for investors that actively trade in options. View market data; access your options orders, executions, and portfolio information; create combination Spread orders; and set up specific options chains all through one navigable window. Determine which options will be displayed on your screen by defining criteria such as Options Trader Statistics, strike, expiry, and exchange.

A specific feature entitled The Model Navigator enables traders to modify the values they use to calculate options prices.  Use the Options Analytics Window  to view the rate of change of an options price (with respect to a unit change in each of a number of risk dimensions).

Write and Roll Options

Sell calls against long stock positions and sell puts against short stock positions with ease using our Write and Roll Options tool. The Rollover Options function allows you to roll over options that are about to expire to a comparable option with a later expiration date automatically. Use the Write Options function to view all of your long and short positions and write options orders quickly and effortlessly.

 

The Order Ticket

The Order Ticket functions as an alternate form of order entry for users who prefer to set all order attributes from a single tabbed window.

The Basic tab includes basic order and time in force information, all based on the contract shown in the Quote Panel. Also view the Advanced Combo Routing tab.

The Adjustable Orders tab is used to define a one-time adjustment to a stop, stop limit, trailing stop or trailing stop limit order.

The Scale Trader tab gives you access to ScaleTrader, which allows you to place a scale order designed to help prevent larger sized trades from being subject to increasingly deteriorating prices by scaling your order into smaller, incrementally priced components based on user-specified price and size instructions.

The Pegged Orders tab allows you to select from available fields to create a Pegged to Stock options order.

The Volatility tab, active when you select a VOL order type, allows you to create options orders where the limit price is calculated as a function of an option volatility that you can modify.  Trade volatility and dynamically manage your options orders.

The Conditional tab allows you to create a conditional order, which will automatically be submitted or cancelled only if specified criteria for one or more defined contracts are met.

The Miscellaneous tab and order fields can be used to apply order attributes and set specific rules for OCA groups.

 

Quantity Calculator

Create custom order sizes via several methods using the Quantity Calculator. Set a general default order sizecalculate order quantity, set specific default sizes for each instrument type, or even set precise default size orders for specific contracts.

 

Rapid Order Entry

Quickly transmit an order without opening an order ticket or clicking in a market data line with our Rapid Order Entry Panel. Simply tab through the available fields, enter the parameters of your order, and click Trade to submit your order.   Enter Rapid Orders - Configure Rapid Order Entry - Update Orders - Create "Instantaneous Transmit" Hot Keys

 

SpreadTrader

The SpreadTrader allows traders to create and transmit multiple combination orders with two clicks of a mouse. Fabricate your own highly sophisticated matrices of variations on an options strategy for a single underlying, and define the exact display set up of the combination lines within the matrix by assigning specific positions to each parameter of your strategy. Filters permit you to select which contracts will be displayed in your matrix. Simple controls and intuitive filters make the SpreadTrader, an advanced tool, accessible to traders of all experience levels.

 

Merger Arb

This trading tool was designed based upon specific market-based needs of our clients. Create combination orders for anticipated mergers between companies through the Merger Arbitrage window.

  

 

 

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