X_TRADER® Documentation
- Introduction To X_TRADER®
- TT Login
- Workspace Management
- Control Panel Icon And Menu Descriptions
- Trading
- 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
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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
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Position Window
- 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
-
Spread Matrix
- 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
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Floating Windows
- 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
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Order Types
- 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
- 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
- Volatility
- 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
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Wholesale Trading
- 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
- Euronext Wholesale Trades
- NYSE Liffe U.S. Wholesale Trades
- OSE J-NET Trades
- SFE Block Trades
- SGX Trade Reporting: One Sided Trades
- TFX Block Trades
- Aggregator
-
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
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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
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Fill Window
- 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
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Customer Defaults
- 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
Staged Order Ownership
You are viewing X_TRADER Version 7.17 and higher. For earlier versions, click here
X_TRADER Pro users with the parameter Staged order management allowed enabled in TT User Setup may take ownership of an available staged order. This includes users sharing an order book.
Note: X_TRADER (non-Pro) users sharing an order book cannot submit, manipulate, or view staged orders; however, they can see the related child orders.
Tip: You can set the New Staged Order property in the Sounds tab to play an alert whenever a staged order appears.
Claiming Ownership
Execution traders may take ownership of Available staged orders that they would like to manage.
Orders and Fills Window
There are multiple ways to claim an order. For example, after selecting the order in the Orders Pane, you can click the Claim button on the Order Toolbar. Confirmation will be required if a confirmation method is enabled on the global properties Orders tab.
Confirmation Dialog Box
An alternative method allows you to select the order and click the Order Details (?) button. This displays the Order Details dialog box.
Order Details Dialog Box
Notes:
- By default, the Claim, Promote, Unclaim, and ? buttons are not displayed on the Order Toolbar. These buttons can be added from the global Properties Orders tab.
- By default, the Order Details columns is not displayed in the Order Pane. You may enable this from the Orders Pane right-click context menu Show Hide Columns | Column Configuration dialog box.
To claim a staged order using the claim button...
Click to select an available staged order displayed in the Orders Pane.
Click the Claim button. If you have a confirmation set up, the confirmation dialog box appears.
Confirmation Dialog Box
Click the Yesbutton. The Order Details dialog box appears.
Order Details Dialog Box
- Click the Claimbutton to take ownership of the order.
To claim a staged order using the Order Details (?) button...
- Click to select an available staged order displayed in the Orders Pane.
Click the Order Details (?) button. The Order Details dialog box appears.
Order Details Dialog Box
- Click the Claimbutton to take ownership of the order.
Once claimed, only the execution trader that owns the staged order has the ability to work it until unclaimed.
Users sharing an order book with the execution trader can see the order and monitor the execution progress, but cannot act on the order. If needed, the current owner can unclaim the staged order, making it available to other users to claim and execute.
Orders and Fills Window
The TTStatus field displays Owned. The Owner field displays the owner’s TT User Setup Username. The owner is attached to the staged order and all future related child orders and fills that occur while the trader manages the staged order.
A blue buy (B) or red sell (S) button indicates the execution trader can enter a child order. The Buy/Sell buttons continue to display until child orders are placed for the full quantity of the staged order.
INFO messages are written to the Audit Trail for each claimed staged order as shown in the screen shot below.
Audit Trail
Unclaiming Ownership
Provided the staged order is in either Working (W) or Partially Filled (P) state, you (or users with Administrator permissions) can relinquish ownership. After selecting one or more of your owned staged orders in the Order Pane, click the Unclaim button on the Order Toolbar to release ownership of the selected orders.
Order and Fills window
After click the Unclaim button, confirmation will be required if a confirmation method is enabled on the global properties Orders tab.
Confirmation Dialog Box
Unclaiming ownership removes the execution trader's ownership from the staged order but continues to display the trader's Username in the Owner field as an indication of the last user who touched the staged order.
Orders and Fills Window
Notes:
- Execution traders sharing an order book may not release staged orders owned by another user. Only the owner of the order (or an Administrator) may unclaim a staged order.
- All related child orders in Working (W) state continue to work and retain the unclaimed owner’s Username.
- By default, the Unclaim button is not displayed on the Order Toolbar. This can be added from the global properties Orders tab.
Separate INFO messages are written to the Audit Trail for each unclaimed staged order as shown in the screen shot below.
Audit Trail
To unclaim a staged order...
- Click to select one or more staged orders owned by you displayed in the Orders Pane.
Click the Unclaimbutton. If you have a confirmation set up, the confirmation dialog box appears.
Confirmation Dialog Box
Click Yes to confirm. The TTStatus field changes to Available.