Sterling OMS Admin Console

Level I Order Entry

The Level I Order Entry window is where orders can be manually entered, say, on behalf of a customer.

To submit a Level I order (station must have order entry enabled):

1. From the OMS Admin Console menu select Windows/Level I Order Entry, as shown below.
2. On the Level I Order Entry window that appears, enter the order specifications in the fields as described below.

   Field Name	Description
   Side	The side (buy, sell) of the order.
   Quantity	The number of shares in the order. Fractional quantity can be entered as decimal (e.g. 0.5 shares).
   Symbol	The product symbol of the order.
   Price	The limit price of the order.
   Order Type	The order type (LMT or MKT).
   Account	The account submitting the order. Use the pull-down to select from a list of existing accounts.
   Destination	The destination where the order will be routed for execution. Select from the dropdown.
   TIF	Time in force (TIF) of the order.
   Max Floor	The maximum share volume of the order that is permitted to be publicly displayed in a quote.
   Order Capacity	The role played by the broker.
   Inst	The instrument type. Values: E - Equities, O - Options
   Maturity	The option contract’s maturity date. Field is enabled when O is selected above.
   Put/Call	The option type for the order. Values: Put, Call
   Open/Close	Designates if the order is opening or closing a position. Values: Open, Close
   Strike Price	The option strike price, i.e., the price at which the underlying security can be bought/sold at maturity.
   HandInst	Broker handling instructions.

3. Click Save to submit the order for routing out by the OMS.