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Advanced Order EntryAdvanced Order Entry combines both "Enter Order Entry" and "Quick Order Entry" function with the use of various hot keys, aims at speeding up users' order processing. Following describes this new function: [Keep Setting] Lock up the last order entry details for next input. [Hotkey] To speed up order entry with keyboard hotkey. 【Hotkey】List
[Support mulit-products order entry page] Clients performing multi-products trading can set at most 5 different products' order entry page. Each order entry page is specified to a single product with its own position details(i.e.quantity, price, Profit/Loss, etc). [Conditional Orders] Advanced Order Entry includes the following 5 different order entry types: - Normal - Market - Stop Order - OCO - Open&Close(Today) [Normal] Terms description:
Trigger:
Type(Validity type):
(2)Market Quick Order Window is used to get market price quickly. Client should input the Id, Lots, Ticks, Hot key and then can trade. 2 Types of orders are supported: "Hit Buy/Sell"(Hit over/up to market price to trade) or "Join Buy/Sell"(Place orders at price down to a certain level to wait in market). Order validity can be set as "Today", "Fak" and "Fok". (3)Stop Order Stop Limit Order can be set to limit loss when the market fluctates swiftly, while let the profit run as well. Users just have to input the Buy/Sell, Qty, Level(trigger price),toler and finally click "confirm buy/sell" . 'Trailing Stop' function is also supported which allows the Stop Loss value to flow as the market price changes, while the baseline of stop loss value is still the original set one. The "Step" is the change in stop level and price when market price has already moved according to the "step" value. (4)OCO This is an order that consists of both a Stop-Loss and a Limit order. Once one of the pair is filled, the other is canceled automatically. With OCO orders you know your exit points exactly. (4)Open&Close(Today) This function includes 2 steps: Open and Close position. Users can choose "Up/Down Trigger" OR "Mkt" order types, and set the quantity to build up the Open position order. After that, users have to set the Close position order with the use of "OCO(Points)/(Prices)" or "Stop(Points)/(Prices"). -"OCO(Points)/(Prices)" :Users have to set conditions on profit level("Profit Pts/Prc") and stop level("Loss Pts/Prc" with "toler"). When market price reaches either one side, the condition will be triggered with the cancellation of another condition. -"Stop(Points)/(Prices)" : Users have to set the "Stop level(Loss Pts)" and "Toler" , or with the combination of "Step" to place an order. When both "Open Position" and "Close Position" order conditions are set, users can click "Buy/Sell" to send out requests and wait for order conditions to be fulfilled. Besides, "Time to close" condition is added to trigger position to be closed at specified and market valid time within today. |