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Position Management Field Descriptions

FieldDescription

Contract Bar

Displays the selected row's contract.

Open Position

Displays your current open position (in number of contracts).

Reset Position

Displays your number of hedged contracts.

Reset

Sets the number of contracts you want to hedge. This setting defaults to your current number of open contracts for the selected row.

After setting the number of contracts you want to hedge, click OK.

Max. Position Limit

Displays your current maximum position setting.

You can temporarily change this value here, but the Profile Setup Page controls your maximum position. Any value you enter seeds the MaxPos column in the Profile Parameters section on the Autotrader grid.

Account

Displays the current position of the account you are using.

Working Cover Orders - Bid

Displays the number of working cover Bids you have in the market for this contract.

Working Cover Orders - Ask

Displays the number of working cover Offers you have in the market for this contract.

Net

Displays your current net position.

Don't prompt, always trade below position limit

When selected, Autotrader always trades within the maximum allowable position.

You are never prompted with a Quote Exceeds Maximum Position window. Autotrader continues to quote the position-reducing side of the market.