|SSX Education Center >> SSX Trading System Resources|
|SSX Trading System Educational Resources
Welcome to the Trading System Education Page. On this page you will be able to download documents and watch videos that walk-through the most important features of the SSX Trading System.
Trading Tutorial Documents
Step-By-Step Trading Guide - (PDF)
Trading Dashboard Tutorial - (PDF)
Stock Holdings and Trading History - (PDF)
Trading Company Profile Page - (PDF)
Trading Tutorial Videos
How to Trade Stocks on SSX Video
This video is a step-by-step how-to video for trading stocks on SSX.
SSX Trading Dashboard Walkthrough Video
The Trading Dashboard is the location for all trading information on SSX. This video explains the most important features of the Trading Dashboard.
Trading Algorithm - Order Matching
The Trading Algorithm selects the oldest order to Buy based on order entry time stamp.
It then looks for the order to Sell with the lowest price at or below that Buy order's maximum price. If there is more than one Sell order with the same price, the Algorithm then selects the Sell order with the oldest order entry time. If there is more than one Sell order at the exact same order time, then it selects the Sell order with the largest quantity of shares.
The Algorithm then completes the trade at the price entered in the matching Sell order.
The Algorithm then repeats constantly looking for matching orders.
Trading System Terminology
"Bid” or Buy Order: This is an order placed to purchase shares of a stock at a maximum purchase price.
“Offer” or Sell Order: This is an order placed to sell shares of a stock at that selling price.
Partial Trade: The order may be partially filled by another order that has a matching price but is only for a portion of the number of shares. A new order for the number of shares not traded will be automatically placed with the same pricing criteria.
All or Nothing: An All or Nothing order will be filled if another order matches the quantity of shares as well as the price.
Order Expires When Filled: The order will remain open until such time that the order is matched with a corresponding order and a trade is executed.
Order Expires At End of Trading Day: The order will be automatically cancelled if it remains unfilled at the end of the trading day that the order is placed.
Symbol: A Company’s symbol is the official symbol by which the stock is identified on the Exchange. Stock quotes will be referenced by the Company’s symbol rather than the Company’s full name.
Total Value of Holdings: This is the amount that all of your shareholdings are worth at the current market rates.
Cash in Account: This is the amount of cash you have available to purchase shares of IPOs or purchase shares from other Investors.
Funds Frozen: When a Buy Order is placed the total amount of funds required to complete the order and pay all associated commissions are Frozen until the order is fulfilled or cancelled. Funds that are Frozen are not available for trading.
Funds Released: If an order is cancelled or fulfilled the frozen funds will be released back to an Investor’s SSX Account or used to complete the trade.
Commission: SSX charges both the Buyer and Seller 1.5% of the total amount of the trade as commission.
Stock Quote: The stock quote is the current market price for that stock and is based on the last completed trade. There is a red or green arrow next to the quote indicating the direction of movement from the previous trade.
Current Price: The price per share of a stock as determined by the price at which shares were sold in the most recently executed trade.
Order Expired: An order that has expired is automatically cancelled by the SSX system.
Order Cancelled: A cancelled order was manually cancelled by the Investor.
Company Profile Page: A detailed page on the SSX website that contains all the information about a Company including trading details and due diligence documents.
Daily Volume: The total number of shares traded in the current trading day for a particular stock.
|Trading System Frequently Asked Questions|
When is the Exchange open?
How do I buy shares from other Investors on SSX?
How do I sell shares I own to other Investors on SSX?
How long will my order stay open?
How will I know when I have traded stock with another Investor on SSX?
Where can I see what stocks I own and the current value of my holdings?
Where can I see all the companies that are trading on SSX?
How can I view the price history for a stock on SSX?
How can I review the details for a company trading on SSX?
Can I view all the orders that are open for a stock?
Where can I learn more about the trading functions on SSX?
How are orders matched?