The Smart Trading function offers a variety of features, including pre-order profit and loss simulation, balanced multi-leg trading, and order splitting. Below, we will introduce these features in detail and explain how to use them to enhance your trading efficiency.
The Smart Trading function supports balanced multi-leg trading, which helps maintain a balanced ratio for each leg during multi-leg trades. This feature is especially useful for complex options strategies, such as straddles, strangles, and butterflies. By using balanced multi-leg trading, you can significantly improve trading efficiency and reduce risks associated with single-leg execution delays.
Before you place an order, the Smart Trading function can simulate potential profits and losses (PnL). This feature analyzes market data to provide estimates of PnL under different market scenarios. This way, you can have a clearer expectation of the trading outcome before placing an order, allowing you to make more informed decisions.
The order splitting function allows you to break a large order into multiple smaller orders for execution. This helps reduce market impact and optimize trade execution. For instance, when trading a large order, placing it directly might significantly affect market prices. Order splitting can disperse the order execution, reducing market impact and achieving better execution prices.
The Smart Trading entry is located to the right of the date in the T-quote table. Click to enter Smart Trading mode.
The Smart Trading mode provides an intuitive interface for easily selecting and managing complex options strategies.
Upon first entering Smart Trading mode, the system will guide you through the following prompts.
Once in this mode, you can check the options contracts you intend to trade in the T-quote table and then click [Next] to set up the contracts.
On the order page, you can directly edit the contracts for different legs in the contract list on the right side, such as adjusting the leg direction, order type, quantity, etc.
