- 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
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
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
- Order Passing
- 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
- 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
- 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
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 Pane Field Descriptions
You are viewing X_TRADER Version 7.17 and higher. For earlier versions, click here
The Order pane field descriptions include:
1. Order Summary field
Order Summary: This field displays your order information when you click a row in the Market Grid (quantity, price, product, month/year, time in force, order type, and order restriction).
When you click a row with an option, this field displays a C for call or a P for put along with the strike price.
2. Preset Quantity buttons
These pre-set quantity buttons increase the Quantity field by their numeric value. The quantity defaults are 1, 5, 10, 100, and 500. Refer to Customizing the Quantity Buttons.
The Clear button deletes numbers from the Quantity field. To clear the entire pane, click the Reset button.
3. Quantity/Price fields
The Order Quantity field is on the left; the Price field is on the right. To change these fields:
Confirm: Lets you confirm an order before it is sent to market. Use the Order Entry tab on the Properties menu to enable this feature for every order entry window.
For confirmation options, refer to Confirming Your Order.
Hold: Marks the order as held in the Orders and Fills Window when you click Buy or Sell. Order remains held until you submit it.
Leave: When trading BrokerTec, prevents new orders for a contract on the same side from canceling previous orders.
Stage: Marks the order as a staged order. Click the down arrow to the right to enter execution instructions and select a routing method.
5. Buy and Sell buttons
Buy and Sell
Click these buttons to send an order to market.
6. Routing Rules
|Routing Rules Fields||Description|
Opens the Routing Rules dialog box.
Note: The Routing Rules dialog can also be launched by clicking a link in the routing preview pane.
Allows you to select an order gateway (non X_TRADER ASP) or broker (X_TRADER ASP) to associate with the order. Upon selection a list of available customers will appear to the right.
A gray line separates the order gateways or brokers from the routing rules. These are the routing rules that were defined within the Routing Rules Configuration dialog box.
List of available customers for the selected order gateway (non X_TRADER ASP) or broker (X_TRADER ASP) as defined within Customer Defaults.
Contains editable account information that is defined within Customer Defaults.
This field appears when a selected broker has multiple order gateways available.
When a Routing Rule is selected a preview of the selected rule displays.
Direct Traders have the ability to enter orders on behalf of customers who's TTORD's are mapped to the Direct Trader's M and G.Click the OBO>> button to display a list of TTOR ID's that have been mapped to your ID.
Note: Access to this functionality is controlled within TTUS.
When the OBO>> is clicked a list of available TTORD's that have been mapped to your ID appear. Selecting an OBO allows you to submit an order on behalf of the selected TTORD. See On Behalf Of Orders for additional information.
7. Order Template
|Order Template Fields||Description|
Indicates the order template associated with the customer profile. You can change the associated order template.
Note: If an algorithm is selected the Algo Order Pane appears.
Warning! Check the effects of the order template on the other Order pane columns before you submit the order.
Indicates your order type and determines whether the order is sent as a Limit or Market order.
Indicates 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.
A custom identifier used for order reference within X_TRADER, up to 15 characters in length. This field is not passed to the exchange.
Sets a limited number of ticks you are willing to pay to fill a Market order.
Collapses the other Order pane columns.
Warning! Check the effects of the order template on the other Order pane columns before you submit the order.
Sets an order qualifier type. Each qualifier reveals associated fields you need to fill out to complete your order.
|The price at which the parent Stop or If Touched order is triggered.|
|Sets the type of price used to calculate the trigger price of
a synthetic order qualifier. For Stop and If Touched orders, this
setting determines the type of price used for an explicitly entered
Trigger Price. Select one of the following:|
|A toggle button to set a secondary trigger condition as a quantity (Qty) or percentage (%) required at the trigger price for a Stop or If Touched order.|
|The number of ticks from the Price Type the parent order should trail the market (trailing orders only).|
Notes: Each exchange determines their support of order restrictions. The definition and use of the restriction may differ between exchanges and marketplaces. Refer to each exchange's market rules for additional information.
For the additional fields required for a particular order qualifier (e.g., Cross Orders), refer to the Order Types topic.
9. Price Mode
|Price Mode Fields||Description|
Indicates whether the price that triggers an order is:
Refer to Price Mode for more details.
Sets the price of the child order relative to LTP, Bid, Ask, or Trigger (the parent order Trigger price from the Modifier section). Two additional pricing parameters are available: Same Side and Opposite Side.
Note: Parameters independent of Buy/Sell direction (i.e., Offset, Same Side, Opposite Side and percentage) are converted to the actual value when displayed in trading windows (e.g., the Confirmation Window, Orders and Fills Window, and Audit Trail).
|When the With a Tick (WAT) option is enabled, the Synthetic SE monitors the opposite inside market of an order and converts a passive order to an aggressive order when the specified threshold is met. The threshold may be set as a quantity or percentage.|
10. Advanced Settings
|Advanced Settings Fields||Description|
|Displays the Advanced Settings dialog box.|
Sets slicer orders. Slicer orders execute a large order by splitting the order into smaller disclosed quantity orders. Each slicer type reveals unique fields you need to fill out to complete your order.
Note: Reload orders can be placed from the Advanced Settings section when an Autospreader order is selected in the Market Grid. Refer to Using Reload Orders for more information on using this order type.
Sets how the sliced order will split the order up. A preview of the proposed order displays in the preview grid based on the parameters entered. Each sliced order type has different parameters available.
Note: X_TRADER automatically corrects parameter fields that contain invalid values. The corrected value displays with a yellow background.
Sets how to handle the resting order when it is time to send the next portion of a slicer order.
Preview of the proposed child orders.
Note: X_TRADER automatically corrects parameter fields that contain invalid values. When this occurs, the child orders are recalculated and display with a yellow background.
Recalculates the order preview when order parameters have been changed.
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.
A warning message displays at the bottom of the Advanced Settings pane when it contains an invalid parameter. The message identifies the parameter that triggered the warning (User value) and the new X_TRADER adjusted quantity (Applied value).
Note: When the preview pane is closed, the invalid parameter is followed by the X_TRADER adjusted quantity with the invalid value in parenthesis.
11. Submit Time
Sets when an order is submitted and how long it is active.
|Opens the calendar/time control.|
|Sets the date and time when an order is submitted and how long it is active.|
Declares the action taken when an order's end time is reached:
Pin: Available only in floating order entry mode, operates the Order Pane as an independent order form with seeded contract.
13. Account Details
Indicates the type of position you are establishing with the order:
Account Type menu
Sets your account types.
Indicates the clearing member code you set up in the Customer Defaults window. Used for Give-up trade accounts only.
When you select your customer, this field seeds with the FFT3 field set up on the Customer Defaults window.
Alternatively, you can type up to 15 alphanumeric characters in the FFT3 field in the Order Entry pane prior to sending an order