Explore Questrade Edge Web

Visit each page to make trades and learn more about the various securities offered.

1. Stocks, Options, ETFs
   • Access the web-based trading platform where you can trade these investment products.
2. FX & CFDs
   • Learn more about FX & CFD trading, open a practice account, and access the platform.
3. Mutual Funds
   • Buy and sell mutual funds and access the Mutual fund centre (also accessible via Market Research).
4. Precious Metals
   • Learn about trading physical gold and silver, and metals storage and delivery.
5. Fixed Income
   • Access the bonds bulletin to compare bonds and GICs.
6. IPOs
   • Explore and buy into IPOs using the IPO centre.

1. Balances
   • Compare Start of Day and Current account balances, including cash and market value.
2. Positions
   • View active positions in each account, add and remove columns to your preference.
3. Orders
   • View all submitted orders from up to the last 3 months.
4. Executions
   • View all executed orders from up to the last 3 months.
5. Activity
   • View account activity including login data.

The positions tab on your trading platform allows you to conveniently track and manage your investments. From this tab, you can view your open and closed positions, average price, market value, and much more. "Positions" is just another way of saying your investments, or your holdings.

You can also customize your positions page both within Edge Web and Edge Desktop. In addition, we offer filtering and searching tools if you happen to manage a large portfolio, and for options traders, you can even choose to group by strategy.

Note: All positions shown are for informational and educational purposes only. No information in this article is intended to provide any form of trading or investment advice. Most positions have been omitted from sample images.

The positions page

On the positions page by default, you’ll see 9 columns, each displaying a different set of information.

Symbol

The first column you’ll see is the Symbol (also known as the ‘ticker’). In this column, you’ll also see the full company name, or for an ETF investment, the name of the ETF company and/or trust.

Beside the ticker and description, you may also see icons representing actions or events related to the investment.

These are the icons found next to the symbols in the columns, and what they mean:

Open qty and Closed qty

Open quantity represents how many shares you currently own (Or owe if shorting) of a particular position. Whereas Closed quantity represents how many shares you’ve sold (Or bought to cover if shorting).

Another way to think about this is as “unrealized” vs. “realized”. Open quantities of positions fluctuate in value, however once you’ve closed your position, the gain/loss is realized or locked-in.

Note: Once you completely close your position, and your Open qty is 0, this symbol will disappear from the Positions tab the next trading day. You can track your historical trades by clicking “Activity” in the Account menu.

Avg price

The average price shows you the price at which you bought or shorted the investment. Buying more shares at a different price point can either “Average up” or “Average down” your overall price.

For example: If I buy 10 shares of XYZ at $10/share, then buy another 10 shares at $15/share, my average price for 20 shares would be $12.50/share.

Note: “Average Price” may not reflect correctly on your trading platform with certain transactions in your Questrade account (i.e. transfer-ins, stock-splits or other corporate actions). Please review your statements for accuracy, and report discrepancies to Questrade as soon as possible when issues are identified. Please see Average price and adjusted cost base.

Price

This column represents the current price per share in the open market.

Mkt value

The current market value of your position. The number of shares you still own/owe from your Open qty multiplied by the current share price.

% portfolio

How much of your overall balance is invested in this specific security. This will grow or shrink depending on how the market value fluctuates.

Open P&L

Your current open, or unrealized profits or losses for this specific security. Once you sell your shares or cover your short investment, this value is then shown in Closed P&L.

Closed P&L

Your locked-in, or realized, gains or losses for this specific investment.

Customizing your positions page

On the positions tab, you can add additional columns, and filter your view to show only specific securities.

1. Click here to filter by security type (Stocks/ETFs, Options, and more)

2. Here you can group by position, underlying or strategy, this can be useful for Options trading specifically.

3. Click this icon to filter/search for a specific ticker symbol. This can be incredibly useful if you manage a very large portfolio.

4. To add or remove columns, please click the small icon on the top right

You can also shift the order of the columns by clicking the + or -- buttons in the pop-up

Additional columns

Here are the detailed explanations of all the other columns available in the positions page, organized in alphabetical order:

% P&L

Your profit or loss since buying/shorting the security shown as a percentage.

% P&L day

Your profit or loss since market open (9:30 am ET) shown as a percentage.

Book value

The market value of the position when you bought or shorted it. This is calculated as your Avg price multiplied by your Open qty.

Currency

The currency the position trades in.

Date/time

The specific date/time the position was added. (Bought or shorted)

Days to exp

For options contracts specifically, this indicates how many days are left until the contract expires.

Delta

For options specifically, a ratio comparing the change in price of the underlying asset to the change in price of the derivative.

This column is available for single options, and the parent and child rows of options strategies.

For example: If an options contract has a delta of 0.65, this means that if the underlying stock increases by $1 a share, the options contract will rise by $0.65 per contract. (Everything else being equal)

Description

The full name of the specific symbol. Note: This is already shown under the ticker symbol in the default column on the left side.

Earnings date

The estimated earnings date for a stock. This is shown once the company has confirmed their earnings date.

Entry price

The fill price of the most recent transaction for this specific security.

Exch

The exchange this investment trades on (NYSE, TSX, etc.)

Expiry date

For options contracts specifically, the date the contract will expire worthless.

Gamma

Gamma is a derivative of the Delta. This measures the change of the option’s delta resulting from a change to the underlying stock price.

Gamma is greatest when the option is at-the-money, and decreases the further away the option is from being either in-the-money, or at-the-money.

The calculation of gamma is fairly complex and requires complex spreadsheets or software to find it’s value, but let’s show an approximate example:

Say you have a call option with a delta of 0.4, if the underlying increases by $1, the option will increase in value by $0.40, and its delta will also change after this price move on the underlying. After the $1 increase let’s assume the option’s delta is now 0.53. The 0.13 difference between the “first” and “second” delta can be considered an approximate value for Gamma.

Implied volatility

The estimated expected volatility of the security’s price, shown as a percentage. A higher volatility means a more unstable security price.

This field is available for single options and the parent and child rows of options strategies.

In-the-money

Shows if the options contract is in-the-money. This field is available for single options, and strategies’ child rows. It will be blank for the parent row for a strategy.

Option style

Shows if your options contract is an American or European style option.

Option type

For single-leg options, this shows whether the option is a call or a put. For multi-leg options and strategies, the parent row will be blank, and each child row will display the corresponding option type for each strategy leg.

P&L day

Shows today’s (since market open) profit or loss for this position shown as a dollar value.

Rho

Measures the rate of change of an option’s price resulting from a change in the risk-free interest rate. Rho measures the ‘sensitivity’ of an options contract relative to a change in the risk-free interest rate . This field is available for single options, and the parent and child rows of options strategies

For example: If an option has a Rho of 1.0, then for every 1 percentage increase in the risk-free interest rate, the value of the option would increase by 1%. Options that are most sensitive to interest rate changes from the central banks are those that are at-the-money, and with the longest time to expiration.

Security ID

The unique identifier number assigned to this specific position.

Security type

Shows what type of security this position is. (Stock, ETF, Option..)

Strike

The price at which your options contract can be exercised. This field is blank for options strategies in the parent row, but each child row and leg of the strategy will have the strike price shown.

Theta

Measures the daily rate of decline in an options contract due to the passage of time. This is also known as the measurement of “time decay”. The further away in time you are from expiry, the more “time-value” an option will have. This field is available for single options, and the parent and child rows of options strategies.

For example: If the theta is -0.05, the options contract price will decline by $0.05 each day.

Vega

Vega is the measurement of an option’s price sensitivity compared to changes in the volatility of the underlying asset. As the volatility of the underlying asset increases, so does the value of the option. Vega is the change in the option’s price compared to every 1% change in volatility.

For example: If the value of an option is $7.50, implied volatility is at 20%, and the option has a Vega of 0.12. If the Implied volatility moved from 20% to 21.5%, this is a 1.5% volatility increase. Therefore the option’s value will increase by 1.5(Vol) * 1.2(vega) to $7.68.

1. Account
   • View balances, positions, orders, executions, and activity.
2. Watchlist
   • Access pre-made watchlists or create customized watchlists.
3. Stocks
   • View detailed information about specific stocks, ETFs, or indices.
   • Includes TipRanks Smart Score, Analyst Ratings, and News analysis
4. Options
   • View detailed information about options.
5. Research
   • Access market event calendars, news, and videos.
6. Alerts
   • Customize email and SMS alerts for specific symbols.

1. Closed P&L
   • Represents the profit and loss (P&L) values of closed positions in your account.
   • This includes positions that were completely closed in the current day, and positions that were previously partially closed.
2. P&L day
   • Today’s profit (or loss) for open positions in your account, compared to the previous trading day’s values.
3. % P&L day
   • Today’s profit (or loss) for open positions in your account (expressed as a percentage), compared to the previous trading day’s values.

Shows the number of orders for the day, including open (waiting to be executed) and closed (executed) orders.

Where to buy or sell securities.

Add gadgets to your preference. They will always be visible while you navigate the rest of the platform on the left.

To create a watchlist:

1. Log in to Questrade Edge Web
2. In the main toolbar, click/tap Watchlist
3. Click/tapUser-added image, and then Manage watchlists
4. OSelect + Add watchlist to create one
5. To keep your platform organized, name your watchlist
6. Once the watchlist is created, click/tap + Add Symbol to add securities of your choice

Later, if you decide to add or remove securities from your watchlist, click/tap , and then edit this watchlist. To add, remove or manage your watchlists, click/ tap, and then click/tap Manage watchlists.

By default, our platform shows you key information about the securities you add to your watchlist; for example, last price, bid, ask, change, mini-charts, high & low of the day, and volume. However, you can customize the data that appears in your watchlist by clicking/tap . For an explanation of the different data feeds, see below.