Using Hot Keys for Order Execution
This means: when the stockbox is selected and I press CTRL-E the system immediately sends out a CyberExchange ECN buy order at the best available asking price.
As many shares as possible will be filled instantly. If the entire order is not filled, the system will keep targeting the next available best asking price. It will keep going until my entire order is filled. Exception, if the price rises more than 50 cents (from current price), the system will not chase it any more. (That's what Adjust .50 means in the above Hot Key Executions dialog window.)
This is especially useful in after hours trading when a stock may break either up or down depending earnings and guidance. If the stock tanks, I press Ctrl-H to issue a similar CyberExchange ECN short order.