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X_TRADER®

Holding Orders

You are viewing X_TRADER Version 7.17 and higher. For earlier versions, click here

You can place an order on hold using the Orders and Fills Window and the Order Book window. When you place an order on hold, you can change it as you would any other order.  Held orders remain in the window until sent to the market or manually deleted.

Notes

  • Held orders are not deleted when you use the Del Series button in the Market Grid.
  • If an order cannot be submitted because it has an error, review the Audit Trail to identify order entry errors.

Tip:

  • Change a working GTD (Good 'Til Day) order to a held order after the market closes.
  • Customize the Held Order Status property using the Color tab on the Properties menu.

To hold an order:

  1. Click to select the order you want to put on hold.

Note: Hold the CTRL key and continue clicking orders to select more than one order to put on hold.

  1. Click the Hold button.

The order is removed from the market. The TTStatus column identifies orders placed on hold.

To send a held order to market:

  1. Click to select the held order you want to send to market.

Note: Hold the CTRL key and continue clicking orders to select more than one held order to send to market.

  1. Click the Submit button.

Holding Synthetic Orders

Placing a synthetic orders on hold removes the order from the market, deletes the Position Reserve, and stops further parent actions (e.g., the creation of child orders). Existing child orders that have not been filled are also placed on hold and removed from the market. Held orders remain in the window until they are sent to market or deleted. You cannot place staged orders, including decedents of staged orders, on hold. Placing a synthetic order on hold is limited to synthetic orders with a status of Waiting, Pending Trigger, or Working.

Note: By default, the Hold and Submit buttons are not displayed on the Order Toolbar. They can be added from the Orders tab within Properties.

Tip: Autospreader orders can also be placed on hold.

To hold a synthetic order:

  1. Click to select the order you want to hold.

    Notes

    • Synthetic orders are identified by an asterisk before the exchange name (e.g.,*CME).
    • Hold the CTRL key and continue clicking orders to select more than one order to hold.
  2. Click the Hold button.

    The order is held. The TTStatus column identifies orders on hold.

To send a held synthetic order to market:

  1. Click to select the paused order you want to resume.

    Note: Hold the CTRL key and continue clicking orders to select more than one paused order.

  2. Click the Submit button.

Supported Actions

Once a synthetic order has been put on hold or paused you can modify it as needed. The following are supported actions for parent and child orders:

Note: The Go To Market button is disabled when a parent synthetic order has a status of Hold.

 

Order TypeSupported Actions

Parent Order

  • Cancel the parent synthetic order.
  • Modify the parent synthetic order quantity.
  • Modify the parent synthetic order price.
  • Modify the trigger price of a trigger-style parent synthetic order.
  • Modify the Ticks Away offset of a trailing-style parent synthetic order.
  • Submit a held parent synthetic order.
  • Resume a paused parent synthetic order.

Child Order

  • Modify the child order price.
  • Modify the child order quantity.
  • Cancel the child order.
  • View child order details.
  • Inquire the status of a child order.
  • Repeat child order.
  • Go To Market.