Basic FuturesPlatform Guide
Table of ContentsPlatform Set Up                                                        5                  Downloading    ...
Table of ContentsInitiating Basic Trades                                                                           44     ...
Table of ContentsThe Main Menu                                                         74                    File         ...
Platform Set Up
Downloading                                     If downloading the 14 day free                                      demo o...
Downloading              Click on this           hyperlink to begin           downloading the               platform.Copyr...
Installing           Once the download of the set up               files for the platform has         completed, you shoul...
Installing                  a                                   b                       c                                 ...
InstallingSteps:a)   Welcome to the OEC Trader Demo Setup Wizard.        Click the Next Buttonb)   End User License Agree...
Logging In                        Enter the Login Credentials                      provided to you from the email         ...
Default LayoutCopyright © 2012 iFundTraders                12
Default Layout                                   Please note the ability to draw                                  upon add...
Default Layout This is the Default Layout which canbe used immediately. Layouts can be created on your own or they can be ...
Basic Windows
Windows - Positions            a       b       c    d      e       f        g          h            i          j        k ...
Windows - Positionsa)    Account           The accounts which you are entitled to tradeb)    Symbol           The securi...
Windows - Positionsi)    Open P/L           The current profit or loss of the open position reflected base currencyj)    ...
Windows - Positionsr)    $ Initial Margin           The total amount of margin required for the current open positions if...
Windows – Order Entry        a                              b                                                            i...
Windows – Order Entrya)    Asset          The instrument of which the trade will be placed.b)    Type          The type ...
Windows – Order Entryi)    Transmit          Sending the configured order parameter to the market for execution.j)    B-L...
Windows – Order Entryq)    Execution Time: Release          Designation of when an order will be routed to the market.r) ...
Window – Active Orders                                                        la   b   c   d       e     f   g     h      ...
Window – Active Ordersa)    Account           The account which the pending trade has been initiated.b)    Order #      ...
Window – Active Ordersj)    Comments          Any type of information pertaining to this tradek)    Time          The po...
Window – Completed Ordersa   b   c   d   e   f      g        h         i         j   k   l   m                            ...
Window – Completed Ordersa)   Account        The account which the completed order was takenb)   Order #        The orde...
Window – Completed Ordersi) Price      The price which the most recent order was executed, either at MKT or the LMT with ...
Window – Chat and Research                                        ca   b        Copyright © 2012 iFundTraders       30
Window – Chat and Researcha)   Research tab       Brokerage messages sent to platformsb)   Chat tab       Brokerage supp...
Window - QuotesCopyright © 2012 iFundTraders           32
Window - Quotes   Symbol      The symbol of the security.   Last      The most recent filled price.   Chg      Amoun...
Window - Quotes   Chg%      The percentage of change of the security from the open of the current session.   LastVol   ...
Window - Quotes   Currency      The base currency which the security trades in.   Exchange       The exchange where th...
Window - Quotes   Maintenance Margin      The minimum level of margin a percentage of the total market value of the cont...
Window – Account Summary        a)   DEMO927936               Your Accounta       b)   Open P/L               Profit or ...
Window - Chartsab                                             ecd    Copyright © 2012 iFundTraders                38
Window - Chartsa)   Title Bar        Shows the current chart being displayedb)   Quick Access Tool Bar Menu        Tools...
Window - Charts    The chart properties can be  customized by clicking onto the Profiles button and personalizing       th...
Window – Depth of Market    a    b                   c                   d    e                            f              ...
Window – Depth of Marketa)   Title Bar        Indicates the current symbol loaded and ready to trade in the DOM.b)   Quic...
Window – Depth of Marketj) Cancel Offers      Cancels all orders placed on the offer.k) Buy Mkt      Buy at market.l) Go...
Initiating Basic     Trades
Trading with Order Entry    Basic Order                                       Step 2: Select       Entry                  ...
Trading with Order Entry                      Step 7: Select       Basic Order                      the fill criteria of  ...
Trading with Order Entry   Modifying Pending OrdersStep 1: Double click thepending order in theActive Orders windowthat wi...
Trading with Order Entry    Modifying  Pending OrdersStep 2: Modify therelevant information inthe necessary fieldsaccordin...
Trading with Order Entry  Placing a Stop  Limit Order on  Open PositionsStep 1: After openingthe position, select thecorre...
Trading with Order Entry  Placing a Stop  Limit Order on  Open PositionsStep 4: Select StopLimit from thedropdown menu.Ste...
Trading with Order Entry  Placing a Stop  Limit Order on  Open PositionsStep 6: Enter thetrigger price to initiatethe Stop...
Trading with Order Entry  Placing Trailing  Stops on Open     PositionsStep 1: After openingthe position, select thecorrec...
Trading with Order Entry  Placing Trailing  Stops on Open     PositionsStep 4: Select TrailingStop Loss from thedropdown m...
Trading with Order Entry  Placing Trailing  Stops on Open     PositionsStep 6: Enter theinitial price where theTrailing St...
Trading with D.O.M.                                                                  (Depth of Market)    Basic Order     ...
Trading with D.O.M.                                                                   (Depth of Market)    Basic Order    ...
Trading with D.O.M.                                                                           (Depth of Market)           ...
Trading with D.O.M.                                                                   (Depth of Market)  Placing a Stop  L...
Trading with D.O.M.                                                             (Depth of Market) Placing a Stop Limit Ord...
Trading with D.O.M.                                                                   (Depth of Market) Placing Trailing S...
Trading with D.O.M.                                                              (Depth of Market) Placing Trailing Stops ...
Trading with D.O.M.                                                             (Depth of Market)Placing TrailingStops on ...
Trading with ChartsBasic Order   Entry                                               Step 1:                              ...
Trading with Charts                                Step 2: Change the                                contract quantity    ...
Trading with Charts                                Step 4b: If pointer is                                below the current...
Trading with Charts  ModifyingPending OrdersOnce the pendingorder has beenplace, note the call-out window whichallows you ...
Trading with Charts  ModifyingPending OrdersThis is the number ofcontracts which the currentpending order was createdwith....
Trading with Charts Placing a Stop Limit Order on Open PositionsStep 1: Afterentering a trade,click on the Ext.Options but...
Trading with ChartsPlacing a StopLimit Order onOpen PositionsStep 2: In the pop upwindow, check the boxStop LimitStep 3: U...
Trading with Charts Placing a Stop                                     Note the current long Limit Order on               ...
Trading with ChartsPlacing TrailingStops on Open   PositionsStep 1: Afterentering a trade,click on the Ext.Options button ...
Trading with ChartsPlacing TrailingStops on Open   PositionsStep 2: Check thebox Trailing StopStep 3: Use theUp/Down arrow...
Trading with ChartsPlacing TrailingStops on Open   PositionsNote the current longopen position. Step 4: Right click the ar...
The Main Menu
Main Menu - File                     Login to platform if currently logged out                     Logout of platform if c...
Main Menu - File               a               b               c               d               e               f          ...
Main Menu - Filea)   Charts…        Opens a new chart based on the symbol entered in the pop-up window.b)   Depth of Mark...
Main Menu - AccountsBy default, the Positions option is selected showing all positions of all accounts.Select the active a...
Main Menu - Orders             a             b             c             d             e             f             g      ...
Main Menu - Ordersa)   Standard       Resets the Order Entry window to basic single entries .b)   Turbo       Opens a ne...
Main Menu - Ordersh) Order Defaults     Loads the Order Entry window to populate with pre-configured settings when the Ne...
Main Menu - Orders                                Enables/disables a pop up                                window which re...
Main Menu - Orders                            Enables/disables an alerts pop up window when a                            f...
Main Menu - View                    a                    b                    cd                     ef                   ...
Main Menu - Viewa)   Lock Windows       Lock the windows to the platform backdrop (unlocking will enable for floating win...
Main Menu - Viewd)   Positions       Opens a Positions window or activates currently opened Positions window.e)   Account...
Main Menu - Viewi)   Quotes                                                    Creates a new Quotes tab in the existing Qu...
Main Menu - Viewm) Custom Indicators                                                                            Unfortunat...
Main Menu - Viewr) Option Chain      Open an Option Chain window of the underlying symbol or view previously opened Optio...
Main Menu - Tools                            Opens a new window to perform a symbol search.                            Ope...
Main Menu - ReportsOpens a new Equity Report s window                            Displays Fills for the selected account i...
Main Menu - Reports            Opens a new window displaying the statistics of            the selected account.           ...
Main Menu - Reports        Opens a new window displaying the chat dialog        history with platform support/broker.     ...
Main Menu - Help    Opens a Quick Start window to access information and    direction to assist new users.    Opens the OE...
Main Menu - Help                                  Opens a browser                                window and plays the     ...
Identifying Icons
Identifying Icons - QuotesCopyright © 2012 iFundTraders   97
Identifying Icons - ChartsCopyright © 2012 iFundTraders   98
Identifying Icons - ChartsCopyright © 2012 iFundTraders   99
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I Fund Traders Futures Platform Guide By William Cheung

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I Fund Traders Futures Platform Guide By William Cheung

  1. 1. Basic FuturesPlatform Guide
  2. 2. Table of ContentsPlatform Set Up 5 Downloading 6 Installing 8 Logging In 11 Default Layout 12Basic Windows 15 Positions 16 Order Entry 20 Active Orders 24 Completed Orders 27 Chat and Research 30 Quotes 32 Account Summary 37 Charts 38 Chart Properties 40 Depth of Market (DOM) 41 Copyright © 2012 iFundTraders 2
  3. 3. Table of ContentsInitiating Basic Trades 44 Order Entry Basic Order Entry 45 Modifying Pending Orders 47 Placing a Stop Limit Order on Open Positions 49 Placing Trailing Stops on Open Positions 52 DOM (Depth of Market) Basic Order Entry 55 Modifying Pending Orders 57 Placing a Stop Limit Order on Open Positions 58 Placing Trailing Stops on Open Positions 60 Charts Basic Order Entry 63 Modifying Pending Orders 66 Placing a Stop Limit Order on Open Positions 68 Placing Trailing Stops on Open Positions 71 Copyright © 2012 iFundTraders 3
  4. 4. Table of ContentsThe Main Menu 74 File 75 Accounts 78 Orders 79 View 84 Tools 90 Reports 91 Help 94Identifying Icons 96 Quotes 97 Charts 98 Copyright © 2012 iFundTraders 4
  5. 5. Platform Set Up
  6. 6. Downloading If downloading the 14 day free demo of this platform, please fill out this form and an email with the download link and your login credentials will be emailed to you. Click the Submit Button once this form has been completedCopyright © 2012 iFundTraders 6
  7. 7. Downloading Click on this hyperlink to begin downloading the platform.Copyright © 2012 iFundTraders 7
  8. 8. Installing Once the download of the set up files for the platform has completed, you should have an icon on your desktop. Double click on this icon to begin the installation process and follow the steps as indicatedCopyright © 2012 iFundTraders 8
  9. 9. Installing a b c Select Typical from the dropdown list, then select Click the Next Button d e f Check thesetwo boxes then click the Next Button Copyright © 2012 iFundTraders 9
  10. 10. InstallingSteps:a) Welcome to the OEC Trader Demo Setup Wizard.  Click the Next Buttonb) End User License Agreement  Click the Next Buttonc) Select Components  Select Typical from the drop down menu (default) then click the Next Button.d) Select Additional Tasks  Check the boxes Create a desktop icon and Create a Quick Launch icon, then click the Next Button.e) Installing  Click the Next Buttonf) Completed the OEC Trader Demo Setup Wizard  Check the box Launch OEC Trader Demo, then click Finish to launch the platform upon closing of this window Copyright © 2012 iFundTraders 10
  11. 11. Logging In Enter the Login Credentials provided to you from the email Welcome Letter then Click Logon (please note that your Login Credentials are case sensitive)Copyright © 2012 iFundTraders 11
  12. 12. Default LayoutCopyright © 2012 iFundTraders 12
  13. 13. Default Layout Please note the ability to draw upon additional resources after launching the platform, via the hyperlinked View Menu and other links listed in this start up window.Copyright © 2012 iFundTraders 13
  14. 14. Default Layout This is the Default Layout which canbe used immediately. Layouts can be created on your own or they can be downloaded by clicking onto View > Layout > Download Layout from the main menu. Copyright © 2012 iFundTraders 14
  15. 15. Basic Windows
  16. 16. Windows - Positions a b c d e f g h i j k l mThe Positions window under the Account command displays information on the total number of trades for all asset classes. The position refers to theamount of a contract either owned (which constitutes a long position) or borrowed (which constitutes a short position) by an individual or broker that is atrade an investor currently holds open.Positions is really an aggregate of both detailed and average positions. The summary level represents a summary position, which pulls in all of thedetailed activity for the position. If you expand a particular symbol you will notice all of the detailed activity contained underneath the summary.The contents of this window can be easily expanded and contracted in one simple button click. You can find those functions in the context menu in thiswindow. Additionally, all of the columns can be sorted to assist you in finding the information you need quickly. n o p q r s t u v w x y z Copyright © 2012 iFundTraders 16
  17. 17. Windows - Positionsa) Account  The accounts which you are entitled to tradeb) Symbol  The securities which you have placed a tradec) #Prev  The number of open contracts/trades carried over from prior trading session(s)d) #Bought  The total number of contracts purchasede) #Sold  The total number of contracts sold (or shorted)f) Net Pos  The total number of open positions/contracts currently open (if in a short position, this value will be negative)g) Avg. Buy Price  The average price of all long contracts/tradesh) Avg. Sell Price  The average price of all sold/short contracts/trades Copyright © 2012 iFundTraders 17
  18. 18. Windows - Positionsi) Open P/L  The current profit or loss of the open position reflected base currencyj) Realized P/L  The current profit or loss of closed trade(s) reflected in base currencyk) Prev. Price  The price of the security held from the prior session.l) Net Pos. Price  The average price of the total open positionm) $ Open P/L  The current profit or loss of the open positionn) $ Realized P/L  The current realized profit or loss of closed tradeso) Total P/L  The total profit or loss of all open and closed trades reflected in base currencyp) $ Total P/L  The total profit or loss of all open and closed tradesq) Initial Margin  The total amount of margin required for the current open position to be held overnight, as reflected in base currency. Copyright © 2012 iFundTraders 18
  19. 19. Windows - Positionsr) $ Initial Margin  The total amount of margin required for the current open positions if to be held overnight.s) Maintenance Margin  The minimum amount of margin required for the current open positions reflected in base currency (percentage of margin), otherwise a margin call will be triggered.t) $ Maintenance Margin  The minimum amount of margin required for the current open positions (percentage of margin), otherwise a margin call will be triggered.u) Total P/L Points  The total number of points gained or lost on the specific contract.v) Total P/L Ticks  The total number of ticks gained or lost on the specific contract.w) Time  The time that the most recent of the current position was filled.x) Exit (MKT)  Exit and close the currently highlighted open trade at markety) Exit All (MKT)  Exit and close all open trades at marketz) Exit AT LMT  Loads the selected trade into the Order Entry window to adjust the specified exit limit price. Copyright © 2012 iFundTraders 19
  20. 20. Windows – Order Entry a b i c m d e f g h q ri j k l sm n o p t u Copyright © 2012 iFundTraders 20
  21. 21. Windows – Order Entrya) Asset  The instrument of which the trade will be placed.b) Type  The type of order that will be placed (ie. Standard, OSO, OCO, Complex).c) Side  To initiate either a Buy or a Sell (Short).d) Quantity  The number of contracts that will be initiated in the order.e) Lookup  Quick access to search for the security/symbol that will be traded.f) Options  Quick access to search the Options chain to view activity or trade.g) Order Specs: Type  The type of order to be placed (ie. Market, Limit, Stop, Stop Limit, Market If Touched, Market On Open, Market On Close, Trailing Stop Loss, Trailing Stop Limit, Iceberg)h) Order Specs: Flag  Duration of the order to remain active (ie. Day, GTC, FOK, IOC) Copyright © 2012 iFundTraders 21
  22. 22. Windows – Order Entryi) Transmit  Sending the configured order parameter to the market for execution.j) B-LMT  To send a pending buy order to the market to be filled at the specified price.k) B-MKT  To enter a long trade immediately, regardless of price.l) Modify  To modify the entry parameters of a pending order that has been loaded into the Order Entry window by double clicking on the order in the Active Orders window.m) New Order  To clear all fields in the Order Entry window in preparation to place new values.n) S-LMT  To send a pending sell order to the market to be filled at the specified price.o) S-MKT  To enter a short trade immediately, regardless of price.p) Cancel  To cancel an existing pending order that has been loaded into the Order Entry window by double clicking on the order in the Active Orders window. Copyright © 2012 iFundTraders 22
  23. 23. Windows – Order Entryq) Execution Time: Release  Designation of when an order will be routed to the market.r) Execution Time: Cancel:  Designation of when the order will be cancelled.s) Template  To load an existing or previously saved trading parameters.t) Save  To save the existing parameters so that it can be quickly loaded into the Order Entry window.u) Delete  To delete an existing or previously saved template. Copyright © 2012 iFundTraders 23
  24. 24. Window – Active Orders la b c d e f g h i j k m n Copyright © 2012 iFundTraders 24
  25. 25. Window – Active Ordersa) Account  The account which the pending trade has been initiated.b) Order #  Order ticket tracking number.c) State  The status of the active order.d) Avg. Price  The average price of the partially filled pending orders.e) Side  The side of the trade taken, either long or short.f) Qty  The number of contracts filled of the entire order size.g) Symbol  The symbol of the pending contract order .h) Price  The entry price of the limit/pending order.i) Last Cmd  Order information in regards to any orders held or working Copyright © 2012 iFundTraders 25
  26. 26. Window – Active Ordersj) Comments  Any type of information pertaining to this tradek) Time  The posted time which the pending order was sent to market.l) Cancel  Quick access to cancel the currently highlighted order.m) Cancel All  Quick access to cancel all pending orders.n) Find  Searching for a previously entered pending order by order ticket number. Copyright © 2012 iFundTraders 26
  27. 27. Window – Completed Ordersa b c d e f g h i j k l m n o p Copyright © 2012 iFundTraders 27
  28. 28. Window – Completed Ordersa) Account  The account which the completed order was takenb) Order #  The order ticket number of the order placedc) State  The status of the completed orderd) Side  The side of the completed order (ie. Buy or Sell)e) Qty  The total number of contract(s) filled of the total orderf) Symbol  The symbol of the completed orderg) Avg.Price  The average price of the filled completed ordersh) Completed Time  The time that the most recent order was completed or cancelled. Copyright © 2012 iFundTraders 28
  29. 29. Window – Completed Ordersi) Price  The price which the most recent order was executed, either at MKT or the LMT with the pricej) Last.Cmd  Auto generated notes clarifying the order or error which may have taken place.k) Comments  Comments generated by the server pertaining to the order.l) Time  The time which the order was accepted for processing.m) Fill Time  The time which the order was filled.n) Find  Searching and sorting completed orders by order ticket number.o) Cancelled  Display or hide Cancelled ordersp) Rejected  Display or hide Rejected orders Copyright © 2012 iFundTraders 29
  30. 30. Window – Chat and Research ca b Copyright © 2012 iFundTraders 30
  31. 31. Window – Chat and Researcha) Research tab  Brokerage messages sent to platformsb) Chat tab  Brokerage support and helps desk via platform chat window tab.c) Chris M  The current representative who is serving the platform chant community (click on the name in this field of the representative which you’d like to communicate with then enter the text) Copyright © 2012 iFundTraders 31
  32. 32. Window - QuotesCopyright © 2012 iFundTraders 32
  33. 33. Window - Quotes Symbol  The symbol of the security. Last  The most recent filled price. Chg  Amount the security has changed from the opening of the session. BidSize  The number of contract currently on the inside bid. Bid  The current inside bid price. Ask  The current inside ask price. AskSize  The number of contracts currently on the inside ask. High  The current high established during the current trading session. Low  The current low established during the current trading session. Copyright © 2012 iFundTraders 33
  34. 34. Window - Quotes Chg%  The percentage of change of the security from the open of the current session. LastVol  The most recent volume or number of contracts traded. TotalVol  The current number of contracts traded in the current session. Open  The opening session price of the contract. Settle Updated  The last time the contract data was updated. Base Contract  The underlying security of the contract being traded. Expires  The contract expiry date of the security. Description  A brief description of the security. Copyright © 2012 iFundTraders 34
  35. 35. Window - Quotes Currency  The base currency which the security trades in. Exchange  The exchange where the security is traded. Group  The classification of the security. Type  The type of trading environment which the security is exposed to. Start Time  The next start time which the security can be traded Stop Time  The most current time which the security has stopped trading. Tick Size  The value of each move of the security. Per Point  The dollar value of each point move. Initial Margin  The amount of margin required in reserve to enter a trade of the specified contract. Copyright © 2012 iFundTraders 35
  36. 36. Window - Quotes Maintenance Margin  The minimum level of margin a percentage of the total market value of the contracts. USD Pip Value  The value of each pip as it pertains to currency pairs. $ Margin Required  The amount of margin required to trade a currency pair. Expiration Time  The time which the contact term expires on the set date. Copyright © 2012 iFundTraders 36
  37. 37. Window – Account Summary a) DEMO927936  Your Accounta b) Open P/L  Profit or Loss of open positions.b c) Realized P/Lc  Profit or Loss of closed positions.d d) Total P/L  Total equity of account.e e) Net Liq  Current accessible amount which can be utilized. Copyright © 2012 iFundTraders 37
  38. 38. Window - Chartsab ecd Copyright © 2012 iFundTraders 38
  39. 39. Window - Chartsa) Title Bar  Shows the current chart being displayedb) Quick Access Tool Bar Menu  Tools which will allow you to change the current appearance of the chart.c) Quick Access Drawing Tools Menu  Tools which will allow you to add a variety of drawings to the chart.d) Tabbed Charts  Quick access to charts of different timeframes or securities.e) Chart Properties  The ability to change the properties of the current chart . Copyright © 2012 iFundTraders 39
  40. 40. Window - Charts The chart properties can be customized by clicking onto the Profiles button and personalizing the each of the fields. This also includes other areas of visual representation within achart, by selecting the appropriate category from the dropdown tab. Copyright © 2012 iFundTraders 40
  41. 41. Window – Depth of Market a b c d e f g h i j n n Red broken line marks the session high r p q Green broken line markso the session low k l m Copyright © 2012 iFundTraders 41
  42. 42. Window – Depth of Marketa) Title Bar  Indicates the current symbol loaded and ready to trade in the DOM.b) Quick Access Tool Bar  Quick access buttons to perform special order types and other functions.c) Qty  The default quantity for orders placed.d) Total P/L  Current profit or loss for open trade.e) Pos  Current open positions with average price of total position.f) Exit at Mkt & Cxl  Closes current position and cancels all pending orders.g) Reverse & Cxl  Reverses the current position and cancels all pending orders.h) Cancel Bids  Cancels all pending bid orders.i) Cancel All  Cancels all pending orders. Copyright © 2012 iFundTraders 42
  43. 43. Window – Depth of Marketj) Cancel Offers  Cancels all orders placed on the offer.k) Buy Mkt  Buy at market.l) Go to Last  Centres the currently traded price into the middle of the window.m) Sell Mkt  Sell or short at market.n) Pending orders  The number of contracts which are pending execution.o) Bid contracts  The current number contracts currently on the bid at the specified price.p) Ask contracts  The current number of contracts currently on the ask at the specified price.q) Bid/Ask  The current bid price (green) and ask price (red). N.B. The last price value will be in bold.r) Filled Contracts  Displays the number of contracts filled at the current moment Copyright © 2012 iFundTraders 43
  44. 44. Initiating Basic Trades
  45. 45. Trading with Order Entry Basic Order Step 2: Select Entry the type of order to initiate.Step 1: Selectthe instrumentto be tradedStep 3: Selectthe side of thetrade which youwill initiate.Step 4: Selectthe number ofcontacts you Step 5: Enter the symbol Step 5a: If unsure of thewish to trade. of security you will trade. symbol click on this search Copyright © 2012 iFundTraders button. 45
  46. 46. Trading with Order Entry Step 7: Select Basic Order the fill criteria of Entry Step 8: Select the order. the time whichStep 6: Select the order will bethe order type to sent to theinitiate the trade. market and/or cancelledStep 9a: If (optional)trading with limitorders, clickB-LMT or S-LMT Step 10: Ifadjust price planning toaccordingly, then trade thisclick Transmit. criteria in the future, select Save to reuse Step 9b: If entering with this template a market order, simply (optional) click B-MKT or S-MKT Copyright © 2012 iFundTraders 46
  47. 47. Trading with Order Entry Modifying Pending OrdersStep 1: Double click thepending order in theActive Orders windowthat will be modified. Copyright © 2012 iFundTraders 47
  48. 48. Trading with Order Entry Modifying Pending OrdersStep 2: Modify therelevant information inthe necessary fieldsaccordinglyStep 3: Once all thechanges have beenmade, click on theModify button totransmit the changes. Copyright © 2012 iFundTraders 48
  49. 49. Trading with Order Entry Placing a Stop Limit Order on Open PositionsStep 1: After openingthe position, select thecorrect side to placethe Stop Limit order.Step 2: Enter thenumber of contractswhich you will beapplying the StopLimit orderStep 3: Enter thesymbol of thecontract that theStop Limit orderwill be applied to. Copyright © 2012 iFundTraders 49
  50. 50. Trading with Order Entry Placing a Stop Limit Order on Open PositionsStep 4: Select StopLimit from thedropdown menu.Step 5: Specifythe type/durationof the Stop Limitorder from thedrop down menu. Copyright © 2012 iFundTraders 50
  51. 51. Trading with Order Entry Placing a Stop Limit Order on Open PositionsStep 6: Enter thetrigger price to initiatethe Stop Limit orderStep 7: Enter thelimit price whichthe Stop Limit isintended to exityour open trade. Step 8: Click the transmit button to execute the order, once the parameters have been verified. Copyright © 2012 iFundTraders 51
  52. 52. Trading with Order Entry Placing Trailing Stops on Open PositionsStep 1: After openingthe position, select thecorrect side to placethe trailing stop.Step 2: Enter thenumber of contractswhich you will beapplying the trailingstop.Step 3: Enter thesymbol of thecontract that thetrailing stop will beapplied to. Copyright © 2012 iFundTraders 52
  53. 53. Trading with Order Entry Placing Trailing Stops on Open PositionsStep 4: Select TrailingStop Loss from thedropdown menu.Step 5: Specifythe type/durationof the trailing stoploss order fromthe drop downmenu. Copyright © 2012 iFundTraders 53
  54. 54. Trading with Order Entry Placing Trailing Stops on Open PositionsStep 6: Enter theinitial price where theTrailing Stop Loss willcommence.Step 7: Enter theDelta or factorwhich the trailingstop price willincorporate as apart of the initial Step 8: Click the transmit buttontrail. to execute the order, once the parameters have been verified. Copyright © 2012 iFundTraders 54
  55. 55. Trading with D.O.M. (Depth of Market) Basic Order Step 1: Select the Entry number of contracts to initiate with each clickStep 2a: To place abuy stop order, rightclick on the greencolumn at the price toexecute, at or abovethe current inside askprice.Step 2b: To place abuy limit order, leftclick on the greencolumn at the price toexecute, at or belowthe current inside bidprice. Copyright © 2012 iFundTraders 55
  56. 56. Trading with D.O.M. (Depth of Market) Basic Order Step 2a: To place a Entry sell limit order, left click on the red column at the price to execute, at or aboveStep 1: Select the the current inside asknumber of contracts to price.initiate with each click Step 2b: To place a sell stop order, right click on the red column at the price to execute, at or below the current inside bid price. Copyright © 2012 iFundTraders 56
  57. 57. Trading with D.O.M. (Depth of Market) To modify the quantity Modifying Pending of a pending order, left Orders click the current pending order. The quantity can then be modified through theTo modify the side pop-up table.execution price of a 5pending order, leftclick and drag thequantity of the pendingorder to the new price. 5To cancel the specificorder, right click thequantity of the pendingorder Copyright © 2012 iFundTraders 57
  58. 58. Trading with D.O.M. (Depth of Market) Placing a Stop Limit Order on Open Positions Step 2: Click on the blue and white shieldStep 1: Enter position icon Copyright © 2012 iFundTraders 58
  59. 59. Trading with D.O.M. (Depth of Market) Placing a Stop Limit Order on Step 4: Right click in Open Positions the appropriate area below the entry to set your Stop Limit price.Step 3: Check thebox Stop Limit Copyright © 2012 iFundTraders 59
  60. 60. Trading with D.O.M. (Depth of Market) Placing Trailing Stops on Open Positions Step 2: Click on the blue and white shieldStep 1: Enter position icon Copyright © 2012 iFundTraders 60
  61. 61. Trading with D.O.M. (Depth of Market) Placing Trailing Stops on Open PositionsStep 3: Check the Step 4: Use thebox Trailing Stop Up/Down arrows to select the point factor of the trailing stop Copyright © 2012 iFundTraders 61
  62. 62. Trading with D.O.M. (Depth of Market)Placing TrailingStops on Open Positions Step 5: Right click in the red area below the current price which is below the entry point. Copyright © 2012 iFundTraders 62
  63. 63. Trading with ChartsBasic Order Entry Step 1: Click on the mouse icon to activate the chart trading abilities Copyright © 2012 iFundTraders 63
  64. 64. Trading with Charts Step 2: Change the contract quantity accordingly Step 3: Place the mouse pointer over the chart, in the appropriate execution area. Step 4a: If pointer is above the current trading price, the options are to left click to place a Buy Stop order and right click to place a Sell Limit orderCopyright © 2012 iFundTraders 64
  65. 65. Trading with Charts Step 4b: If pointer is below the current trading price, the options are to left click to place a Buy Limit order and right click to place a Sell Stop order.Copyright © 2012 iFundTraders 65
  66. 66. Trading with Charts ModifyingPending OrdersOnce the pendingorder has beenplace, note the call-out window whichallows you to modifythe pending order. Copyright © 2012 iFundTraders 66
  67. 67. Trading with Charts ModifyingPending OrdersThis is the number ofcontracts which the currentpending order was createdwith. To change this value,click on this value. Acontract table will open foryou to modify the number ofcontracts to change theorder to. Clicking on this box, it will cancel the pending order. This is price on the chart where the order was placed. To modify the execution price for the trade, click this double arrow box and drag it Clicking on this box, it will to the new price level. cancel the pending order. Copyright © 2012 iFundTraders 67
  68. 68. Trading with Charts Placing a Stop Limit Order on Open PositionsStep 1: Afterentering a trade,click on the Ext.Options button. Copyright © 2012 iFundTraders 68
  69. 69. Trading with ChartsPlacing a StopLimit Order onOpen PositionsStep 2: In the pop upwindow, check the boxStop LimitStep 3: Use theUp/Down arrowsto change theamount of thefactor. Copyright © 2012 iFundTraders 69
  70. 70. Trading with Charts Placing a Stop Note the current long Limit Order on open position. Open PositionsStep 4: Rightclick the area ofthe chart wherethe Stop Limitwill be placed toset the trailingstop. Copyright © 2012 iFundTraders 70
  71. 71. Trading with ChartsPlacing TrailingStops on Open PositionsStep 1: Afterentering a trade,click on the Ext.Options button toopen the pop-upwindow Copyright © 2012 iFundTraders 71
  72. 72. Trading with ChartsPlacing TrailingStops on Open PositionsStep 2: Check thebox Trailing StopStep 3: Use theUp/Down arrowsto change theamount of thetrail stop* *N.B. The amount of the stop takes into consideration the range between the entry price to the current price, plus the factor amount. Otherwise, if there is a one point spread between the entry price to the current price, the 0.25 point is also added to the trail, making for a 1.25 point trail. Copyright © 2012 iFundTraders 72
  73. 73. Trading with ChartsPlacing TrailingStops on Open PositionsNote the current longopen position. Step 4: Right click the area of the chart where the trailing stop will be placed to set the trailing stop. Copyright © 2012 iFundTraders 73
  74. 74. The Main Menu
  75. 75. Main Menu - File Login to platform if currently logged out Logout of platform if currently logged in Opens new window (please see following pages) Activates selected Plugins Exports current platforms configured settings Imports platform configured settings from another source Enables DDE (Dynamic Data Exchange), typically with a spreadsheet such as Microsoft Excel. Enables login to multiple instances of the same platform to run on the same computer Close out platform.Copyright © 2012 iFundTraders 75
  76. 76. Main Menu - File a b c d e f g h iCopyright © 2012 iFundTraders 76
  77. 77. Main Menu - Filea) Charts…  Opens a new chart based on the symbol entered in the pop-up window.b) Depth of Market…  Opens a DOM window based on the account and symbol entered in the pop-up window.c) Historical Quotes  Opens a new Historical Quotes window. Enter the symbol in the pop-up window and click enter.d) Option Chain  Opens a new Option Chain window. Enter the symbol in the pop up window to view the option chain of the underlying symbol.e) Order Ticket…  Opens the option to select from multiple methods of the order entry window.f) Quotes…  Opens a new quotes window or creates a new tab in the existing Quotes window.g) Quote Detail  Opens a more detailed quote window of the symbol entered.h) Regional BBO  Opens a new window of the National Best Bid and Offer.i) Time and Sales  Opens new Time and Sales (aka ‘prints’) window of the chosen symbol. Copyright © 2012 iFundTraders 77
  78. 78. Main Menu - AccountsBy default, the Positions option is selected showing all positions of all accounts.Select the active account to place trades.Select the trades and pending orders of the specific account as selected by thisoption.The ability to have the platform assist your risk management of your account.A one-time action to enable trading of specific equity securities. Copyright © 2012 iFundTraders 78
  79. 79. Main Menu - Orders a b c d e f g h i j k l mCopyright © 2012 iFundTraders 79
  80. 80. Main Menu - Ordersa) Standard  Resets the Order Entry window to basic single entries .b) Turbo  Opens a new window to enable simultaneous multiple order execution which can be linked to a spreadsheet.c) Rapid  Opens a new window to enable specific/conditional Order Entry criteria.d) OCO  Resets the Order Entry window to enable a conditional ‘one filled order cancels the other order’.e) OSO  Resets the Order Entry window to enable ‘one filled order sends the other order’.f) Complex  Resets the Order Entry window to enable the multiple trading of the same symbol with different expiry dates.g) OSM Order Entry  Order Staging Module enables special order types based on Iceberg, Improved Time Slice, Market Time Slice and Time Slice. Copyright © 2012 iFundTraders 80
  81. 81. Main Menu - Ordersh) Order Defaults  Loads the Order Entry window to populate with pre-configured settings when the New Order button is clicked.i) Clear After Submit  Enables/disables the resetting of the Order Entry window.j) Confirmations  Enables/disables a pop up window which requires confirmation before orders/commands will be executedk) Notifications  [See following pages].l) Show Cancelled Orders  Enables all cancelled orders to be listed in the Completed Orders window.m) Show Rejected Orders  Enables all rejected orders to be listed in the Completed Orders window. Copyright © 2012 iFundTraders 81
  82. 82. Main Menu - Orders Enables/disables a pop up window which requires confirmation before orders/commands will be executedCopyright © 2012 iFundTraders 82
  83. 83. Main Menu - Orders Enables/disables an alerts pop up window when a fill has been executed. Enables/disables an alerts pop up window if a Modify or Cancel command has Failed Enable/disable notification for Visible Orders OnlyCopyright © 2012 iFundTraders 83
  84. 84. Main Menu - View a b cd ef gh ij kl mn op qr st uv w Copyright © 2012 iFundTraders 84
  85. 85. Main Menu - Viewa) Lock Windows  Lock the windows to the platform backdrop (unlocking will enable for floating windows)b) Show Tabs  Show/hide tabs of duplicate windows located below the default window.c) Layout Restores platform windows to the original default. Closes out all open windows on current layout. Loads the default platform layout for Equity and Option trading Loads the default platform layout for Forex trading Loads the default platform layout for Futures trading Download additional default layouts from server Save the current layout Delete saved layouts Import saved layouts from other sources Export the saved layout to another location. Copyright © 2012 iFundTraders 85
  86. 86. Main Menu - Viewd) Positions  Opens a Positions window or activates currently opened Positions window.e) Account Summary  Opens an Account Summary window or activates currently opened Accounts Summary window.f) Active Orders  Opens an Active Orders window or activates currently opened Active Orders window.g) Completed Orders  Opens a Completed Orders window or activates currently opened Completed Orders window.h) Advanced Order Tickets Opens a Turbo Order Entry window. Opens a Rapid Order Entry window. Opens single/multiple DOM windows. Opens a Order Staging Module window. Copyright © 2012 iFundTraders 86
  87. 87. Main Menu - Viewi) Quotes Creates a new Quotes tab in the existing Quotes window Activates the selected tab to show Quotesj) Depth of Market  Opens a new DOM window or activates the selected DOM from the current list.k) Charts Creates a new chart tab in the Chart window. Activates the tab in the Chart window. Activates the tab in the Chart window. Extracts the Chart window from the platform and tiles show all tabbed charts in one window.l) Communications Activates the Chat tab as the active window. Activates the Research tab as the active window. Copyright © 2012 iFundTraders 87
  88. 88. Main Menu - Viewm) Custom Indicators Unfortunately, there is no information in this area at this time.n) Deal Manager  Refers to Forex trading only; not pertinent to Futures trading.o) Financial News  News headlines as reported by third party companies.p) Financial News Browser  Opens a new browser to enable the searching for news headlines.q) Historical Quotes  Opens a new window to retrieve Historical Quotes as per the symbol entered into the search field; also opens previously viewed historical quote windows opened. Copyright © 2012 iFundTraders 88
  89. 89. Main Menu - Viewr) Option Chain  Open an Option Chain window of the underlying symbol or view previously opened Option Chain windows.s) Order Entry  Activate the Order Entry window or create a new tab of the order entry window based on a previous order submitted.t) Price Alerts  Open a new Price Alert window to notify once price meets the specified criteria.u) Quote Details  This option is only available for equities and indices at this time.v) Regional BBO  This option is only available for equities, options and indices at this time.w) Time and Sales  This option is only available for equities, options and indices at this time. Copyright © 2012 iFundTraders 89
  90. 90. Main Menu - Tools Opens a new window to perform a symbol search. Opens a new window to perform scheduled order execution with pre-configured parameters. Opens a the alerts settings configuration window to modify sounds or files when triggered. Opens a the alerts window for configuration. Opens a new window that will allow all orders and transactions copied and sent to an email address. Opens a new window that enables trading of stocks listed within indices Opens a new window that list the most active stocks, gainers and losers. Opens a new window that list the current logins to the account . Opens a new window that lists/enables/disables hotkey functionality.Copyright © 2012 iFundTraders 90
  91. 91. Main Menu - ReportsOpens a new Equity Report s window Displays Fills for the selected account in a new window Displays the Activity for the selected account in a new window Displays the pending Orders for the selected account in a new window Displays the Rejected Orders for the selected account in a new window Displays the Cancelled Orders for the selected account in a new window Displays the Order Details for the selected trade in a new window Displays the details of executed Trades for the selected account in a new window Displays the detailed Open Orders for the selected account in a new window Copyright © 2012 iFundTraders 91
  92. 92. Main Menu - Reports Opens a new window displaying the statistics of the selected account. Opens a new window displaying the ticket statistics of the selected account. Displays the Gross Profit and Loss of the selected account Displays the Daily Positions taken in the selected accountCopyright © 2012 iFundTraders 92
  93. 93. Main Menu - Reports Opens a new window displaying the chat dialog history with platform support/broker. Opens a new window displaying announcements sent from the broker to the platform users. Displays the summary report of Forex account in a new window.Copyright © 2012 iFundTraders 93
  94. 94. Main Menu - Help Opens a Quick Start window to access information and direction to assist new users. Opens the OEC Contact Us web page. [See following pages]. Opens the OEC Hours of Trading web page Opens the OEC web page to Contract Margins for the specific securities Opens the OEC web page to Contract Specs for the specific contract/security Opens the OEC web page to platform Glossary of Terms Opens the OEC web page to platform Users Guide Opens the OEC Downloads web page to access complimentary applications to the platform. Opens a new pop up window for OEC to provide remote assistance. Opens the OEC web page with platform updates and Release notes Opens the OEC web page with the latest platform feature notes Provides information relevant to the platform currently installed.Copyright © 2012 iFundTraders 94
  95. 95. Main Menu - Help Opens a browser window and plays the specific training video selected.Copyright © 2012 iFundTraders 95
  96. 96. Identifying Icons
  97. 97. Identifying Icons - QuotesCopyright © 2012 iFundTraders 97
  98. 98. Identifying Icons - ChartsCopyright © 2012 iFundTraders 98
  99. 99. Identifying Icons - ChartsCopyright © 2012 iFundTraders 99

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