# Note 1. Spot Markets

1. The exchange selection field with the item SPOT MARKETS displays the order book filled with the best current orders from all exchanges. Selecting SPOT MARKETS mode in the exchange selection field allows you to utilize our Smart Order Router (SOR) or to select to trade pro-rata across connected exchanges.
2. Field to enter or select a currency pair
3. Select the type of algorithmic Smart Order you want to apply to multiple exchanges at once. You can choose between Smart Order and Pro-Rate Order.
4. Click to open the SELL Smart Order/Pro-Rate Order window to submit sell orders (Placing a basket of sell orders). (Note 1.1.) (Note 1.3.)
5. Click to open the BUY Smart Order/Pro-Rate Order window to submit buy orders (Placing a basket of buy orders). (Note 1.1.) (Note 1.3.)
6. Displays the abbreviations of the exchanges where the best bids are placed.
7. Click on the exchange order to open an extended list of the best orders for the selected exchange. Double-click to bring up the Quick Order window where a single order can be sent (Note 1.4.)