Iress Investor Quick Start Guide

This quick start guide for the ever-so-simple Iress Investor includes the following.

  •   Four Quadrants
  •   Change & save content
  •   Quote/watchlist
  •   Depth
  •   Security info
  •   Chart
  •   Alerts
  •   Options
  •   Order pad
  •   Order trades
  •   How to place orders
  •   Contingent order pad
  •   Portfolio view
  •   News/SENS

Four Quadrants

Iress investor platform layout consists of four frames (commands) which can be customized to meet your needs. You can change each command (or ‘quadrant’, ¼ of the screen layout) to show any of the following: Quote, Watchlist, Depth, Charts, News, SENS, Alerts, Security Info, Order Pad, Trades, Contingent order pad, Portfolio, Statements, Settings & Options.

Change & save content

To do this you just need to click on the drop down button at the top of each quadrant and then select the new content that you want shown in there. After making changes, remember to save the layout settings for next time, otherwise your screen will default back to the last saved setting when you log in again. The save function is found under User > Save Settings.

Quote/watchlist

By default it will show the JSE Top 40 shares, but you can change this to anything you like. Add individual share by entering its name or code in the (you guessed it) ‘Enter code’ field and press Enter or click on the start button. Again,save your changes by clicking on the watchlist button then > Save Watchlist.

Depth

Depth is the term given to the exchange price feed that details all the bids (buy orders) and asks (sell orders) in the market for a given security. To view the depth of an instrument you need to press the menu button on the frame (quadrant) of your choice then select the depth command. Enter the share code, same as in the quote or watchlist.

Security info

Gives you more info on each security or share, ie full name and classification, when it was listed, how many shares are issued, what the market cap is, basic financial ratios like EPS & DPS in CPS, PE ratios and the yield %.

Chart

This is a trading platform not a charting platform, so even though you can display a couple of basics charts, don;t expect too much. You can, however, change the period, timeframe, add basic indicators, use drawing tools and save chart templates.

Alerts

This is a great feature. You can set up alerts to be received via email on your smart phone, keeping you in the loop on what is happening in the market when you are not in front of the screen. Afterwards, alerts can temporarily disabled or permanently deactivated.

Options

Here you can change your password, layout settings, style and more.

Order pad

This shows all your orders, plus whether they have traded or not. If they have traded, they will also appear under the ‘Order trades’ command below. An important field here is the ‘OrdState’ as it shows the state of your order, ie Active, Pending, Cancelled and so on. You can load Buy & Sell orders, configure alerts, edit existing orders and delete orders.

Order trades

This shows you a list of all your orders that have successfully traded in the market. You can choose to see only orders for the current day (default) or you can specify and date using the ‘range’ option.

How to place orders

Click on Buy or Sell. Choose your account. Specify the security code (ie Capitec shares) and enter the quantity & price. You can select a limit order (where you specify the price) or a market order (where you specify only the quantity). By default orders are only valid for the day, but you can change to GTD (and specify a date) or GTC (order stays active till cancelled). If needed, you can also enter your password.

Contingent order pad

Similar to the normal order pad, except that it is only for contingent (or conditional) orders, most commonly used for setting stop losses. You can also use Buy & Sell contingent orders and Amend or Delete them later. With contingent orders you have to specify a trigger price (condition to be met before the order enters the market) and an order price (at which the order will go into the market, once triggered). More below.

CONTINGENT ORDERS

Portfolio view

The portfolio view shows the value of your account based on the current market price, including cash and holdings. It also breaks down your cash into what is available vs what is used for margin lending if you have any contracts for difference or other margined instruments open. You can also see a summary of your P&L, exposure and more.

News/SENS

SENS is short for Stock Exchange News Service, a list of compulsory news broadcasts for JSE listed companies. For each entry or announcement you can simply click on the heading to open up and view the full news item.

Was this helpful? Let us know. Or request a demo.

Leave a Reply

Your email address will not be published. Required fields are marked *

Scroll Up