While the main purpose of TAT is executing pre-scheduled trades, there are times that you might want to execute a trade right away. TAT allows for this with the use of the Instant Trade.
To execute a trade instantly from the Instant Order page, simply select the Account, Trade Template, and the Quantity you want to execute. Pressing the "PREVIEW Trade" will show you the strikes selected and mid-price of the trade that would have been executed. The "Enter Trade" button will submit the order for real.
Test Trade?
If you check the Test Trade? checkbox, the order will be submitted at $5.00 above mid-price. This will allow you to see how the order is submitted to TWS, but won't fill due to the high price.
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