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X_TRADER® Documentation

Viewing Market Depth

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

The Depth layout option in the Market Grid context menu shows the aggregate market depth data for all orders at the same price level. You can configure the number of additional rows the Depth layout provides using the Market Depth Increment field in the Trading tab on the Properties menu. Not all exchanges provide market depth data.

Note: Detailed depth is not available when running X_TRADER in simulation mode.

Notes: When open, the aggregate best prices display. Also:

  • Working buy and sell quantities at each level reflect activity for all traders with the same Group ID.
  • You can customize the color-coded depth rows in the Color tab on the Properties menu.

This layout can be used in tandem with the Implieds pricing feature. Refer to Setting Implieds.

Follow these procedures to view market depth:

To enable the Market Depth feature:

  1. In the Market Grid, right-click a cell to access the context menu and click Layouts.
  2. Click Depth to enable the feature.

The icon displays in the Market Grid.

Note: Alternatively, you can select the Depth column from the Show/Hide Columns dialog box.

To view the Market Depth for a single row:

  1. Left-click (market depth) or right-click (detailed depth) the icon after each contract identifier to display depth.

    Currently, detailed depth is only supported by BVMF, OSE, SFE, and SGX exchanges.

  2. Click the icon to hide the Depth feature.

To view the Market Depth for multiple rows:

  1. Click the Depth header to highlight the entire column.
  2. Click the icon after the first contract identifier.

Depth for the first twenty rows opens. Alternatively, you can highlight just the rows you want.

  1. Click the icon to hide the Depth feature.

Market Depth Color Coding

For exchanges that support market depth, X_TRADER provides a coloring scheme that follows NASDAQ Level II coloring conventions. All orders with the same price level are grouped with the same background color.

This feature contains the following characteristics:

  • Columns that display color when market depth is enabled include the Bid Mbr/Ask Mbr, Bid/Ask Quantity, and Bid/Ask Price columns.
  • Colors can be displayed for the aggregate market depth views.
  • Display colors for the background and foreground text can be set using the Color tab on the Properties menu.

To enable the Market Depth color scheme:

  1. From the Control Panel, click the Settings menu and choose Properties.
  2. Click the Trading tab.
  3. Click to select the Market Depth by price level box to enable market depth color coding.

Adding Price Averages and Accumulations to the Market Grid

Use the Accumulation columns to take all the outstanding bids/offers at the specified price or better.

To add Bid and Ask Price Averages and Accumulations to the Market Grid:

  1. Right-click on the Market Grid to access the context menu.
  2. Click Show/Hide columns, and select the BidQty Accum, BidPrc Avg, AskPrc Avg, and AskQty Accum columns to display these columns.
  3. Save your workspace with Depth hidden to retain customized settings.