- Introduction To X_TRADER®
- TT Login
- Workspace Management
- Control Panel Icon And Menu Descriptions
- Trading And The Market Explorer
Trading And The Market Window
- Introduction to the Market Window
- Order Pane
- Submitting an Order using the Order Pane
- Launching an OTA from the Order Pane
- Selecting an Order Gatewayor Broker in the Market Window
- Applying Routing Rules in the Market Window
- Confirming Your Order in the Market Window
- Customizing the Quantity Buttons
- Order Pane Field Descriptions
- Algo Order Pane Field Descriptions
- Order Pane Context Menu
- Market Grid in the Market Window
- Using the Instrument Explorer in the Market Grid
- Market Grid Pane Field Descriptions
- Generating an RTD Formula
- Highlighting in the Market Grid
- Viewing Price Trend Indicators in the Market Grid
- Viewing Live-Only Contracts
- Viewing your Estimated Position In Queue
- Cloning Contract Rows
- Trading Eurodollar Options
- Launching an Algo in the Market Grid
- Market Grid Context Menu
- Viewing Market Depth
- RFQ Overview
- RFQ MiFID II
- Calculating Implieds
- Calculating Implied Ins
- Calculating Implied Outs
- Calculating Implied Quantities
- Calculating Implieds From Implieds
- Implied Functionality by Market
- Setting Implieds
- Viewing Implieds
- Managing Links
- Keyboard Trading in the Market Window
Trading And MD Trader
- Introduction to MD Trader
- MD Trader Field Descriptions
- Using the Instrument Explorer in MD Trader
- MDTrader - Order Entry
- MD Trader - Order Management
- MD Trader and Managing Links
- MD Trader - Displaying Market Data
- MD Trader - Configuration
- Using the MD Trader Context Menu
- Keyboard Trading in MD Trader
Orders And Fills Window
- Introduction to the Orders and Fills Window
- Order Modification Pane
- Order Toolbar
- Orders Pane
- Performing Order Status Inquiries
- Deleting an Order
- Canceling and Replacing an Order
- Holding Orders
- Pausing Synthetic Orders
- Changing Trigger Price Orders
- Recognizing Orders in an Unknown State
- Modifying Running Algo Variables
- Launching an OMA
- Keyboard Functions
- Fills Pane
- Adding a Manual Fill
- Deleting a Manual Fill
- Confirming Fills
- Changing Fill Account Information
- Start of Day Fills
- Fills Alert Dialog Box
- Using the Fills Pane Context Menu
- Fills Pane Column Descriptions
- Summary Pane
- Displaying Profit and Loss
- Position and Summary Pane Grouping
- Using the Summary Pane Context Menu
- Summary Pane Column Descriptions
- Introduction to the Position Window
- Position Pane
- Displaying Profit and Loss in the Position Pane
- Position Pane Context Menu
- Calculating Profit and Loss
- Orders and Fills Pane Context Menu
- Understanding Credit and Margin
- Position Pane Grouping
- Position Pane Column Descriptions
- Orders and Fills Pane
- Order Status Inquiries
- Deleting an Order from the Position Window
- Confirming Fill Orders in the Position Window
- Holding Orders in the Position Window
- Pausing Synthetic Orders in the Position Window
- Recognizing Orders in the Unknown State
- Orders and Fills Pane Column Descriptions
- Keyboard Functions and the Position Window
- Order Passing
- Quote Board
- Depth Window
- Introduction to the Spread Matrix
- Launching the Spread Matrix
- Navigating the Spread Matrix
- Customizing the Spread Matrix
- Displaying the Butterfly-Condor Matrix
- Butterfly Condor Matrix Overview
- Trading with the Spread Matrix
- Spread Matrix Calculations
- Butterfly Matrix Calculations
- Spread Matrix Context Menu
- Creating Strategies
- Audit Trail
- Floating Windows Overview
- Floating Order Book Overview
- Using the Floating Order Book
- Managing Algos in the Floating Order Book
- Keyboard Trading in the Floating Order Book
- Floating Order Book Column Descriptions
- Floating Depth Window
- Floating Net Position Window
- Using Floating Order Entry
- Using Multiple Floating Order Entry Windows
- Trading with the Order Bar
- Launching via the Net Position Field
- Seeding the Floating Order Entry
- X_TRADER Order Types
- Cross Orders
- Triggered Orders
- Iceberg Orders
- If Touched
- Triggered If Touched Orders
- Triggered Stop Orders
- Limits on Market Orders
- Machine Gun
- Market On Auction (MOA)
- Market On Close (MOC)
- Market On Open (MOO)
- Minimum Volume
- Submitting a Mutual Offset Order
- On Behalf Of Orders
- Order Cancels Order
- Duration Orders
- Time Sliced Orders
- Timed Orders
- Trailing If Touched Orders
- Trailing Limit Orders
- Trailing Stop Orders
- Volume Duration
- Volume Sliced Orders
- Best Limit
- Managing Saved Orders
- Saved Orders MiFID II
- Synthetic Orders on X_TRADER
- Introduction to Staged Orders
- Staged Order Creation
- Entering Related Child Orders
- Staged Order Management
- Staged Order Ownership
- Permissions and Risk
- Staged Orders Properties
- Introduction to Wholesale Trading
- SupportedTypes of Wholesale Trades
- Wholesale Orders MiFID II
- BVMF Cross Trades
- CME Cross Trades
- Eurex Wholesale Trades
- GMEX Wholesale Trades
- HKEx Wholesale Trades
- ICE Wholesale Trades
- LSE Cross and Committed Trades
- MX Cross and Committed Trades
- MEFF Cross Trades
- NYSE Liffe Wholesale Trades
- NYSE Liffe U.S. Wholesale Trades
- OSE J-NET Trades
- SFE Block Trades
- SGX Trade Reporting: One Sided Trades
- TFX Block Trades
Automated Trading Windows
- Automated Trading Overview
- Introduction to the Algo Dashboard
- Deploying Algos
- Algo Order Management
- Sharing Algos in the Algo Explorer Pane
- Renaming Algos in the Algo Explorer Pane
- Deleting Algos in the Algo Explorer Pane
- Launching Algos in the Algo Variable Pane
- Updating Algos in the Algo Explorer Pane
- Setting Favorite Algos in the Algo Explorer Pane
- Managing Algo Templates
- Algo Behavior at Market Close
- Algo Behavior When the Algo SE Server is Restarted
- Algo Variable Pane
- Algo Explorer Pane
- Algo Orders Pane
- Algos Dialog Box
- Algo Dashboard Column Descriptions
- Algo Orders Pane Context Menu
- Algo Explorer Pane Context Menus
- Order Management
- Order Book
Parent Order Book
- Introduction to the Parent Order Book
- Parent Order Book Toolbar Field Descriptions
- Managing Autospreader Orders in the Parent Order Book
- Managing Staged Orders in the Parent Order Book
- Managing Synthetic Orders in the Parent Order Book
- Managing Algo Orders in the Parent Order Book
- Viewing Child Orders
- Parent Order Book Context Menus
- Algo Variable Pane in the Parent Order Book
- Introduction to the Fill Window
- Fill Window Fills Pane
- Fill Window Fills Pane Column Descriptions
- Fill Window Fills Pane Context Menu
- Fill Window and Start of Day Fills
- Managing Manual Fills in the Fill Window
- Changing Fill Account Information in the Fill Window
- Fill Window Position Pane
- Displaying Profit and Loss in the Fill Pane
- Fill Window Position Pane Column Descriptions
- Analytic Windows
- Alerts Manager
- Time And Sales
- Settings And Global Properties
- Introduction to the Customer Defaults
- Creating a Customer Defaults Profile
- Changing a Customer Defaults Profile
- Deleting a Customer Defaults Profile
- Setting Customer Defaults to Read-Only
- Sharing your Customer Defaults Profile
- Using the Customer List
- Customer Defaults for MiFID II
- Algo Defaults for MiFID II
- Customer Defaults Dialog Box Field Descriptions
- Order Defaults
- Risk Parameters
- Routing Rules
- Login Gateway
- Global Properties
- TT Minimizer
- Screen Configuration
- Customizing Fonts
- Filtering And Sorting Data
- Formatting Grids
- Resizing And Printing Windows
- Tabbed Windows
Order Defaults Field Descriptions
You are viewing X_TRADER Version 7.17 and higher. For earlier versions, click here
You define a template on the Order Defaults dialog box to establish all of the most common order variables. You can add a new template or change the template of a current order at any time. By changing an Order Defaults template, all subsequent orders with that template are affected.
The fields on the Order Defaults window break into the following sections:
Product and General Fields
Product and General fields configure matching keys and general order defaults, including the default quantity, maximum order quantity, time in force settings, and more.
Sets the name of the template, up to 32 characters in length.
Enables the order template so you can trade with it.
Sets tradable Products or asterisk (*) for all. You can separate multiple products with commas (e.g., ES,NQ).
Sets the broker ID that is associated with the order template.
Note: This column is only available when running X_TRADER in multi-broker mode.
Specifies the TT gateway or an asterisk (*) for all.
Sets Exchange or asterisk (*) for all.
Sets product types or asterisk (*) for all.
Example: Future, Spread, Option.
Note: Product, Gateway, Market, and Product Type are not editable fields for the <Default> template.
Sets the default quantity automatically seeded for each trade.
Max Order Qty
Sets the maximum quantity allowed per trade. The Maximum Order Qty field in Guardian overrides this one.
A validity check based on ticks from the Last Traded Price. Valid orders are:
A custom order identifier up to 15 characters in length. This field is not passed to the exchange.
Indicates your order type and determines whether the order is sent as a Limit or Market order.
Indicates your Time in Force (TIF) and determines how long your order works in the market. In all cases, your orders work until they trade, you cancel them, or the time in force is met.
Price and Trigger Fields
Price and Trigger fields are used to configure Stops, If Touched, and Trailing order templates which seed the Modifiers and Price Mode sections.
Indicates the threshold quantity or percentage for With A Tick (WAT) orders; entries without the % character are interpreted as a fixed quantity.
Indicates whether the price that triggers an order is:
Price Mode Type
Applies when Price Mode is set to Relative and indicates the base price used to price the child order. To clarify:
Price Mode Offset
Applies when Price Mode is set to Relative and indicates the number of ticks applied to the base price to determine the child order price. Positive offsets move away from the market; Negative offsets move into the market
Sets an order qualifier type.
Example: Stop, Trailing Stop, Trailing Limit, If Touched, Block, Cross.
Indicates the type of price used to evaluate the modifier.
Examples: LTP, Bid, Ask, Same side, Opposite side.
Indicates the quantity or percentage required at the trigger price to activate the trigger; entries without the % character are interpreted as a fixed quantity.
Example: For Minimum Volume orders, it is the quantity or percentage that needs to be in the market for the order to go to market.
Indicates a function used to evaluate the trigger price quantity.
Number of ticks from the trigger price your order will trail. Ticks Away is always a positive value as it is evaluated based on the Buy/Sell direction of the order.
Note: This field only applies to trailing orders.
Slicer fields are used to configure:
- Time and volume order templates, which seed the Advanced section
- Machine Gun time interval, which seeds the Modifiers section
The method used to break up an order (Iceberg, Time Sliced, Volume Sliced,Time Duration, Volume Duration).
Total time or traded volume required to achieve the total goal quantity.
Declare time duration in Minutes (Min), Seconds (Sec) or Milliseconds (ms).
Note: Leave this column blank if this is a Volume Duration order.
The disclosed quantity or percentage (%) of total goal quantity viewable to the market; entries without the % character are interpreted as a fixed quantity (Iceberg, Time Sliced, Volume Sliced).
Percentage to vary each disclosed order portion of a slicer order. Enter as a positive integer from 0 to 100.
The interval applied to an order.
Declares if the sliced interval is in Minutes (Min), Seconds (Sec), or Milliseconds (ms).
Declares how to handle the remaining balance of a sliced order before placing the next disclosed order portion for Timed sliced and Volume sliced orders.
When to perform the left over action; at the end of the interval or at the halfway point (Time Sliced and Volume Sliced).
Number of ticks to add or subtract to/from your Bid or Offer to determine the price of the limit order when Leftover Action is Payup (Time Sliced, Volume Sliced, and Duration); the limit price is based on the buy/sell direction of the order.
Timed fields are used to configure:
- Timed order end behavior, which seeds the Submit Time section
- Machine Gun retry attempts, which seeds the Modifiers section
Sets the time, according to your workstation, to activate the parent order to either a Pending Trigger or Working state.
Start Time should be entered in the user’s time zone, and in the HH:MM:SS AM/PM format. For example: 7:30:00 AM or 3:29:58 PM.
Sets the time, according to your workstation, to cease working the parent order, associated child orders, and any undisclosed orders.
End Time should be entered in the user’s time zone, and in the HH:MM:SS AM/PM format. For example: 7:30:00 AM or 3:29:58 PM.
Declares the action taken when an order's end time is reached. Either:
The number of times to resubmit a rejected order until it is accepted (Machine Gun orders only).
Indicates the type of position you are establishing with the order (Open or Close).
Matching method of the order (TOCOM).
A switch indicating you are sending a natively supported order type to the Synthetic SE.
Note: Depending on the order type and the exchange, the order may be managed by the Synthetic SE even if the checkbox is unchecked.
Example: Icebergs are not natively supported on Eurex so, even if the box is unchecked, the order will still go to the Synthetic SE.
Indicates if the order is staged and managed by the Synthetic SE.