Trade book gives you all the details you need to know about your trades. It gives you additional information about executed trades that are not shown in the order book. For example, if you buy 1000 shares of Asian Paints, it would’ve gotten executed in different lots. This is basically because of the possibility that you would have purchased those 1000 shares from different sellers. Let me illustrate:
• Bought 350 shares from A
• Bought 400 shares from B
• Bought 100 shares from C
• Bought 80 shares from D
• Bought 70 shares from E
All this is only available in trade book. Neither the order book or Net positions mention these details.
Now let’s understand how to use the trade book on the trading platform.
To begin with, click on “Trade” on the main menu and select Trade Book. You can also access it by pressing the shortcut key, F8.
The first look of the trade book itself shows you all that you need to know about your executed trades. The information and style is the same as order book. So in case, you haven’t read about how to use the order book, you can continue to read this to get a step by step explanation of how to use the features.
Segment – If you have traded in more than one segment and want to analyse your trades accordingly, you can choose it from here. The default option is set as “All”.
Product – You could further use this filter to segregate your trades based on product type. Traders who trade with different time horizons will find this useful as they can see the details of how many intraday, margin and delivery trades they have done for the day. The default option is set as “All” for simplicity.
• Option Type – Allows you to separate your trades by Call and Put options. You must note however that futures trades will not be displayed if you choose this filter.
• Expiry Date – If you have traded derivatives in more than one expiry contract, you can filter using this feature. This is especially useful as the expiry date nears. This is usually when all traders start to roll over their positions and take fresh position in next month contracts.
Export to Excel– Allows you to take a backup of all your trade on a spreadsheet for number crunching and for future use.
Reposition Columns – You can rearrange, unselect or add more columns that you want information on. Items such as Exchange Order number, Trade number crowd the available space. Many traders like to keep it minimalistic and to the point. However this feature allows you to customize it to your needs.
Tejas is the Co-Founder & CEO at FYERS, the youngest team to get NSE’s broker license. He has a specialization in finance and has over 10 years of work experience spanning across proprietary trading, risk management, and broking. Tejas & his team started FYERS, a technology-focused brokerage as a mission to transform the trading/investment landscape in India.