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A preset is a saved order shape — type, side, size and price — that shows up on every market page as a one-click chip. What presets are for is Presets; this page is the terminal’s screen for them. They live under Settings.

Sizes follow the side

A buy preset holds a dollar amount. A sell preset holds a share count. That is the same rule the trade panel uses, and it applies to market and limit presets alike. A limit buy is the one that converts: the preset stores your dollars, and when you fire the chip it buys as many shares as that amount covers at the preset’s price, rounded down. The chip shows the dollar figure.

The list

One row per preset: Type (limit or market), Side, Size and Price, with a delete button on the right. Size shows as dollars or shares according to the side; a market preset shows a dash for price. A preset that cannot produce an order is labelled Won’t fire on its row, with the reason and the instruction to delete and recreate it. That is where a missing chip gets explained — most often it is a preset made before sizes followed the side, holding its size in the other column.

Creating one

New preset opens a short dialog: For a limit buy, a line under the fields reminds you that it fires as an order for as many shares as that dollar amount buys at that price, rounded down. Save preset stays disabled until the preset can actually fire: at least $0.01 or 0.01 shares, a tradable price on a limit preset, and — for a limit buy — a dollar amount big enough to buy at least 0.01 shares at that price.
Prices are stored on the 1¢ tick the order book trades on. Enter an off-tick price like 0.555 and the dialog says Saved as 56¢ before you save it, so the chip, the list and the order it fires all agree.

Deleting one

The trash icon on its row. There is no confirmation and no undo.

Editing

Presets cannot be edited in the terminal. To change one here, delete it and create a replacement. Editing an existing preset in place is a Chrome extension feature — see the extension’s Presets tab.

Where they show up

On every market page, at the bottom of the trade panel, under Quick orders. Each chip is labelled with exactly what it will do — BUY $25 MKT, SELL 100 MKT, BUY $25 @ 42¢ LIM — and fires on click against the outcome currently selected in the panel. See Placing an order. The Manage link beside that heading brings you back here.

Presets

What presets are for, across all three surfaces.

Placing an order

Firing one from a market page.