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X_TRADER® Documentation

Launching an OMA

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

Order Management Algos (OMA) apply an algo to an existing order in X_TRADER. Once an OMA has been launched you can manage and monitor its progress from the Parent Order Book window or the Algo Dashboard window.

Warning! TT strongly recommends that you test algos with TT SIM before running them in a live production environment.

To launch an OMA

  1. Do one of the following from the Order Pane:
    • Right-click the desired order and click Apply Algo from the context menu.


    • Click the Algo button for the desired order.

    The Algo Variables [OMA] dialog box appears.

  2. Select the desired OMA from the drop-down list.
  3. Edit the algo variables as needed.
  4. Click Start.

    Note: If you are applying an OMA to a child order already running an OMA you will be prompted to replace it. Clicking OK cancels the running OMA and possibly its child orders.