WARNING:  THE OVERDRIVE™ ORDER ENTRY CAPABILITY IS PROVIDED AS IS AND WITHOUT WARRANTY OR GUARANTEE OF RELIABILITY. YOU USE IT SOLELY AT YOUR OWN RISK. ORDER ENTRY FOR BONDS, OPTIONS, AND OTHER SECURITIES IS NOT CURRENTLY PROVIDED BY OVERDRIVE™. YOU CAN USE THE PULSE-2000 SCREENS DIRECTLY TO ACCOMPLISH THESE FUNCTIONS.  ADVISORTOOLS.COM PROVIDES ORDER ENTRY CAPABILITIES SOLELY FOR THE CONVENIENCE OF OUR USERS.
Entering BOOKS™ Stock Orders with OverDrive
Order entry with OverDrive™ requires that you be authorized for Order Entry by the Home Office. Contact the your Home Office Technical Liaison for assistance. Once authorized, OverDrive™ can transmit stock and mutual fund orders that you enter in BOOKS™ to the home office wire order entry system and the mutual fund trading desk.
Power User Tip: Before you begin transmission, if you want to see how OverDrive™ formats an order, highlight the order by clicking anywhere in its row, then click on the Display Details button at the bottom of the screen.
Entering Orders
Enter your orders in BOOKS™, leaving the Order Taker field blank. The orders will appear on the BOOKS™ Main View Screen marked with an asterisk to indicate that they have not been placed. Next use Alt-Tab to switch to OverDrive™. Click on Orders, then on Place BOOKS™ Orders. An Order Entry screen will appear with the essential information about the order tickets from BOOKS™. In the leftmost column for each order is a X to indicate that the order is to be transmitted. If you wish to exclude one or more orders, just click on the first column to turn off the X. Then click on the Place Orders Button to begin the transmission.
Transmitted Reports
Once all the orders have been transmitted, OverDrive™ reports the results, and marks each order by placing a status code in the first column as follows:
P -- (Placed) Indicates that the order was transmitted and acknowledged.
R -- (Rejected) Indicates that the order was rejected, usually because of a symbol or account number error. If you switch to BOOKS™ and edit the order, you will see the reason for rejection in the Error Message field. Correct the order, clear the Order Taker field, and return to OverDrive™ to transmit the order again.
T -- (Transmitted) Indicates that the order was transmitted but not acknowledged. AN ORDER MARKED T MAY OR MAY NOT HAVE BEEN ACCEPTED BY THE ORDER ENTRY SYSTEM (A PROBLEM IN COMMUNICATION BETWEEN OVERDRIVE™ AND THE ORDER ENTRY SYSTEM HAS OCCURRED). USE THE ORDER MONITOR OR THE ORDER EXECUTION REPORTS IN OVERDRIVE™ OR CALL THE HOME OFFICE TO SEE IF THE ORDER WAS ACCEPTED. IF THE ORDER WAS NOT ACCEPTED, SWITCH TO BOOKS™, CLEAR THE ORDER TAKER FIELD AND THEN USE OVERDRIVE™ TO RETRANSMIT THE ORDER.
Cancel & Replace
You can cancel an order or cancel and replace an order with OverDrive. Click on Orders, then Cancel & Replace.  A spreadsheet of all open orders will be displayed.  Click in the Action column of the order that you want to cancel or cancel & replace.  One click will cause an action of Cancel.  Two clicks will cause an action of Cancel & Replace.  If you choose Cancel & Replace, a summary of your order will appear.  Make any changes necessary. Then click on Process.  OverDrive will transmit your cancellation or change to the trading desk.  Obviously, if the order has already been executed before the trading desk receives the cancellation or change, the order system will give you an error.  As always, check the status of the order to make sure it was cancelled.

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Verifying That Your Stock Orders Were Entered Correctly
Whenever you enter stock orders, you must do one of the following to ensure that