Trading a market

Reading the ticket, and what each number means.

The order ticket

Price per contractWhat one share costs, in cents of a dollar
ShareholdingHow many shares the order is for
SubtotalPrice × shares
Fee (0.20%)The taker fee, charged on the fill
Total costWhat leaves your wallet
Max profitWhat you keep if the market resolves your way

Order types

Limit orders rest on the book at the price you name. Market orders cross whatever is already resting. Makers pay nothing; takers pay 0.20%.