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If you frequently use the same order settings when placing equity trades, hot keys may help you save time when entering orders. With hot keys, you can assign order settings (everything but the equity symbol) to a key or combination of keys (for example, F5 or Ctrl+B).
In addition to placing orders, you can also use hot keys to:
- Close open positions: You can create a hot key that will Close a specified number of shares in an open position, or one that will Close All your open positions in the security.
- Cancel open orders: For the Action, choose Cancel Oldest to create a hot key that will cancel the oldest open order for the security, or Cancel Most Recent to cancel the most recent open order. You can also create a hot key to cancel all orders, using either Cancel All on Symbol or Cancel All, which will cancel all open orders for the account.
Once you set up one or more hot keys, to place an order, go to the Trading tool or Symbol Hub and press the hot key. An order verification window will open and you can place the order.
TIP: If you have order verification turned off, the order will be sent immediately upon pressing the hot key. To minimize risk of accidentally placing orders, consider creating hot keys that use a combination of the Ctrl key + a letter, number, or Function key. For example, Ctrl+F2.
Manage Hotkey settings by right-clicking in the Stocks & ETFs tab and selecting Hot Keys. You can also access them from the main menu: Settings > Settings... and choose the Trading tab > Equity Hot Keys sub-tab.
Create a Hot Key
- Right-click in the Stocks & ETFs tab of either the Trading tool or the Symbol Hub and choose Hot Keys.
- Click in the Keystroke field and press the hot key(s) you want to use. Many keys and key combinations are available, including the Function keys and symbols, such as open/close brackets, Num Pad, plus/minus, etc., can be used in combination with Ctrl. Use the hot keys to create a system that works best for you.
- Specify the
- Action
- Venue
- Quantity
- Type: Choose Market or use Inside Bid/Ask + Delta to create a limit price
- Delta: Specifies how much above or below the Inside Bid or Ask to price the order
- Max Floor: Can be used with the ARCA or NSDQ venues, if available.
- The hot keys you create display at the top of the screen and you can Enable or disable them as necessary by checking/unchecking the box next to the hot key description.
- Click Save when you are finished creating hot keys and wish to close the Settings window.
Edit a Hot Key
Click the row for the hot key you want to edit. The hot key you are editing will be highlighted yellow, and the fields will populate with the settings for that hot key. Click Save when you are finished editing hot keys.
Delete a Hot Key
To permanently delete a hot key, click the X at the end of the row in the list of hot keys you've created.
Enable/Disable Hot Keys
To Enable or Disable ALL hot keys, use the Enable All or Disable All buttons at the top of the Hot Key window. To enable or disable hot keys one at a time, check or uncheck the box for the individual hot key definition.
Copyright © 2011 Charles Schwab & Co., Inc. All rights reserved. Member SIPC. (0911-5522)
Recommended Configuration
Operating System: Windows 10 or later. (Touch screens and tablets not certified)
CPU: Intel Core i7 / AMD FX 8150 or faster
Memory: 4 GB RAM or higher
Disk Space: 200 MB hard drive space
Graphics: 1 GB Video card or higher (External USB video devices are not supported)
Internet Connection / Download Speed: 15+ Mbps (Wireless not recommended)
Minimum Configuration
Operating System: Windows 8.1 or later (Touch screens and tablets not certified)
CPU: Intel Core i5 or higher
Memory: 2 GB RAM or higher
Disk Space: 200 MB hard drive space
Graphics: 512 MB Video card or higher (External USB video devices are not supported)
Internet Connection / Download Speed: 10+ Mbps (Wireless not recommended)
Please note that Microsoft has ended support for Windows 8 and the use of this operating system is not recommended. Additional information can be found on the Microsoft site.
Can I run StreetSmart Edge on my Mac computer?
Schwab Streetsmart Edge Mac
StreetSmart Edge can be used on a Mac computer with either a Windows® emulator or a cloud-based solution. The cloud-based solution uses the Internet to access StreetSmart Edge, so the program can be used with non-Windows-based computers. Call a Schwab Client Services Specialist at 800-435-4000 to inquire about accessing the cloud-based version of StreetSmart Edge.
Copyright © 2010-2019 Charles Schwab & Co., Inc. Member SIPC. All rights reserved. (1019-9NXS)