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TT User Setup

Creatingand Managing X_TRADER Customer Defaults

You are viewing TT User Setup Version 7.17 and higher. For earlier versions, click here

This section describes the following:

Customer Defaults Overview

Use the Customer Defaults tab to create order templates X_TRADER applies to orders. By providing X_TRADER users with customer defaults, you limit the amount of data the traders have to enter to place a trade, thereby making the trading process faster and easier for the traders. You can create multiple customer default templates for each trader, and you can prevent traders from changing their own customer defaults.

You can access the X_TRADER customer defaults from the user's Customer Defaults tab, or by selecting X_TRADER Customer Defaults from the User Admin menu. Both options are similar, except that you can create and edit customer defaults for multiple users from the X_TRADER Customer Defaults window.

How Customer Defaults Appear in X_TRADER

A TT User Setup administrator can configure customer defaults for traders using X_TRADER 7.6 or later. X_TRADER receives the customer defaults, which the trader may be required to use, depending on the Restrict user from editing their local Customer Defaults setting.

  • When you check the Restrict user from editing their local Customer Defaults option, the trader must use the configured customer default(s).
  • When you uncheck the Restrict user from editing their local Customer Defaults option, then the trader can choose to use the configured customer default(s) by checking the Sel option in the X_TRADER Customer Defaults window.

Note: TT User Setup automatically assigns users <DEFAULT> customer default entry in TT User Setup. If you do not edit the <DEFAULT>customer default record, and if you do not create any other customer defaults, X_TRADER does not use the TT User Setup's customer defaults for that user. If you later edit the <DEFAULT>customer default or add a new customer default, X_TRADER begins picking up customer defaults from TT User Setup after it is restarted.

Assigned customer defaults determine the defaults applied to a trader's orders. For example, a selected user whose Customer = <DEFAULT>, Market = LIFFE, and Account # = ACT555 means that when the <DEFAULT> user trades on LIFFE and has only his <DEFAULT> Customer selected (that could be the only customer he has), the trader uses account number ACT555.

When one user has multiple customer default records with the same Customer value, X_TRADER uses the record that best matches a trader's transaction. In the following example, the user has five customer default records that all have the same Customer name and trade Futures Product Types in the CME Market. If the user trades on the CME-A flavored Gateway, the highlighted customer default row would be the best match and therefore only that record would be applied.

When one user has multiple customer default records with different customer names, X_TRADER allows the user to choose a customer before entering an order. After the user chooses a customer, X_TRADER chooses the best matching customer default per that customer. For the most control over a traders customer defaults, use the same customer setting for all of a trader's customer defaults and check the Restrict user from editing their local Customer Defaults option.

Creating a Customer Default

To create a customer default...

  1. From the Customer Defaults window, click New.

    The New Customer Default window appears.

    Refer to the New User and Edit User Window Fields topic for descriptions of each field.

  2. Enter the Customer name for this default and select the Market, Gateway, Product type, and Product defaults that this customer default uses. These options together make up the key for this record. Two records cannot have the same key.
  3. Enter an Account number or click the browse button to select an account number. If you enter an account that does not exist, TT User Setup creates it.

    Note: Verify whether or not this user is restricted to certain accounts on the Account Permissions tab. If this user is restricted to certain accounts, then you must enter one of those accounts in the Customer Defaults window (i.e., don’t leave Account# blank or enter an account that the user is not permitted to trade). Otherwise, the Customer Defaults will not be valid in X_TRADER.

  4. Select the Account type and then enter the Give up clearing member code and the free-form text fields (FFT2 and FFT3).
  5. Assign a default TT Gateway connection (i.e., login). Refer to Assigning a Default Gateway Connection.
  6. Assign a default customer account for entering On-Behalf Of orders. Refer to Assigning a Default TTORD to an On Behalf Of (OBO) User.
  7. Click Save and then Close.

    The new customer default appears in both the Edit User and Customer Default windows.

    Note: Changes do not take affect until the trader starts X_TRADER.

Assigning a Default Gateway Connection

Use this procedure to assign a default TT Gateway connection (Gateway Login) for a user when adding a Customer Default.

To assign a default TT Gateway connection to an account...

  1. From the Customer Defaults window, select a customer defaults profile and click Edit
  2. In the Edit Customer Default window, click the button next to the Connection field to select a Gateway Login

  3. Select a login in the Select Gateway Logins window.

    You can filter the list of current gateway logins based on Alias, Gateway, MGT, Exchange Member, Group, or Trader; and Broker (X_TRADER ASP environment).

    Note: When editing a Customer Default profile after an upgrade, the Connection field may be pre-populated with the corresponding Gateway Login for the gateway (if selected) in the Gateway field.

  4. Click Save

    Click Save and Add New if adding a connection to a new customer defaults profile.

Assigning a Default TTORD to an On Behalf Of (OBO) User

Using the Customer Defaults tab, you can assign a user’s TTORD that the OBO-enabled user (direct trader) is placing the orders for by default. The TTORD assigned in Customer Defaults is selected in the filterable OBO List in X_TRADER® 7.17 by default when the direct trader enters an OBO order. You can also assign a default TTORD to an administrator to allow the administrator to view the user’s orders.

Note: Ensure that the OBO functionality is enabled for this direct trader on the Trade Permissions tab. Only direct traders and administrators can have OBO enabled.

To assign a default TTORD to an On Behalf Of user...

  1. From the Customer Defaults window, select a customer defaults profile and click Edit
  2. In the Edit Customer Default window, click the button next to the On Behalf Of field.

  3. Select a user from the filterable OBO list in the On Behalf Of window.

  4. Click Save.

    Click Save and Add New if adding a connection to a new customer defaults profile.