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X_TRADER®

Pausing Synthetic Orders in the Position Window

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

Pausing an order is different from holding in that the existing children are left to work the market and the Position Reserve of the order is not deleted. Like holding an order, pausing stops any further parent actions (e.g., the creation of child orders). Paused orders remain in the windows until resumed or manually deleted. Pausing a synthetic order is limited to non-staged and non-triggered parent orders with a status of Waiting, Pending Trigger, or Working.

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

Follow these procedures to manage paused orders:

To pause a synthetic order:

  1. Click to select the synthetic order you want to pause.

    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 pause.
  2. Click the Pause button.

    The order is paused. The TTStatus column identifies orders paused.

To resume a paused synthetic order:

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

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

  2. Click the Resume button.

Supported Actions

Once a synthetic order has been 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 Pause.

 

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.