ORDER ENTRY PAGE (right).  First, select the desired order entry page option from the MTrade menu.  You have the option of selecting from Future, Future Option, Spread or Spread Option . Also, remember that you can change the default type from your MTrade profile.

In most cases, the account number will be the one in the drop down box, or if you have multiple accounts, you can choose from the list of available accounts from the drop down.

Next, enter the applicable contract data in the corresponding fields. Note that you can view real time quote information by clicking on the Quick Quote button at the bottom of the page. Again, much of this information can be set to default values by using your MTrade profile.

When you've finished entering the contract data select Preview Order at the bottom of the page. A page will be displayed showing the order you just entered. Confirm that the order is correct and click on the Send Order button to submit it for processing

PROFILE PAGE.  Here you can set the following default options:

• Symbol for a new order.  This is selectable from a list of all available contracts that can be traded via the MTrade system.

• Price type.  Choose from LMT, MIT, MKT, MOC, MOO, or STP.

• Quantity traded.

• Time in force.  Choose from DAY, GTC or GTD.

• Month format.  You can either use 3-character months or the single character symbol.

• The default start page.  Choose from any of the order entry pages or either of the orders pages.

OPTION SPREAD ORDERS (right).  MTrade offers you the ability to place up to a four-legged option spread.

As above with a futures order, if you manage more than one account, choose the account in which you wish to place the trade from the drop down menu.

Next, enter each leg of the spread by providing the appropriate information into each of the areas from 'Buy/Sell' down through 'Call/Put.'  And in the final steps to placing the order, choose the price type from the drop down, choose 'Buy' or 'Sell' to indicate whether you are placing a debit or credit spread, enter the price differential and, finally, select the order duration.

When you're finished entering the option spread order, select Preview Order at the bottom of the page.  A page will be displayed showing the order you just entered.  Confirm that the order is correct and click on the Send Order button to submit it for processing.

VIEW CHARTS (left).  Many times prior to placing an order you may wish to view a chart of the contract you are interested in trading. You can access the charting functionality quickly by selecting 'Quote' and then 'Chart' from the menu system.

There are two methods by which you can view a chart. The quickest is to enter the contract into the top available box and then click on the 'Get Chart' button. If you are unsure of the contract format or if you wish to modify the chart parameters, you can do so by selecting from the combination of drop downs and entering information into the available areas. Click on the 'Get Chart' button and your customized chart will appear.

ORDER STATUS PAGE (right).  Once the working order screen is displayed, you need to find the order that you are interested in canceling. Once found, note that in the first column on the left side of the display the options 'Cancel' and 'Change' are displayed as links. Since in this example you wish to cancel the order, you would click on that link.

You would then be taken to a cancel order preview window. After confirming that this is in fact the order that you would like to cancel, simply click on the Cancel Order button to submit the cancellation request.

Lastly, a cancellation confirmation window will appear and the status of that order would be automatically changed from working to dead.  It would then be viewable on the Dead Order page.  

This is one of only several methods for canceling an order via MTrade.