Create a Hidden Order

A Hidden order (generally a large volume order) shows no evidence of its existence in either the market data or the deep book.

To create a Hidden order

  1. Display the Hidden field for stocks, and/or the Hide Pennies  field for penny-priced equity options, on an order management line:

  1. On the Page menu, click Layout.

  2. In the Columns - Order Row section on the right side of the page, check Hidden and/or Hide Pennies, and click OK.

  1. On the trading screen, create an order (click in the Ask Price to create a BUY order, or the Bid Price to create a Sell order).

  2. Check the Hidden or Hide Pennies (for equity options) field.

  1. To transmit the order, click the "T" in the Status field.

For a more detailed description of hidden orders, visit the Order Types information page.