GMI Currenex Manual

Catalogue
Login in 3 Default Currency Tile 5 Advanced Currency Tile 6 Market Depth 9 Independent Currency Tile 11 Expiry Types 12 Input the Trading Amount 13 Create New Order 15 Activity Monitor 16 Expiry Order 17 Market 18 Limit 21 Stop 22 One Cancels Other 23 Cancel ESP Orders on Disconnect 24 Close a Position 25 Trade Status Monitor 26 Report 27
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Login in
Demo Account Login Websitehttp://dret.currenex.com/

Please note: 1. Users may need to download java application at http://www.java.com/en/download/. 2. Users should reset their password after first login in the GMI Currenex platform.

Toolbar

Work Space

Trade Status Monitor

Default Currency Tile

Currency pair

Last three numbers of the rate

The first three numbers of the rate

Total amount of entry orders at this price

Entry buy

Input your entry buy price

Amount

Entry sell

Advanced Currency Tile

Choose MenuSetup Preferences and then popup a dialog box . Click Show 1-Click button and show 1-Click Bid/Offer Button.

Sell ten standard lots

Buy twenty standard lots

Entry buy order at -1 pip of rate

Entry sell order at +1 pip of rate

Market Depth
Click the currency pair and then market depth will be showed in the rate.

Choose Menu Setup Preferences Book Size, you can revise the number of lines.

Dealing rates The quantity of entry orders

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There are four different market depth views: .

Standard: Each individual order Consolidated: The total quantity available at each price band Volume Weighted Average Price (VWAP): The all in volume weighted average price at incremental prices from that price to the top of book Enhanced VWAP: The volume weighted average price at predefined quantity increments of 5 million
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Independent Currency Tile

Right click in the currency pair and popup an independent currency tile.

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Expiry Type
Users choose between three basic entry order types:

Immediate or Cancel (IOC): An order that will either be immediately filled or cancelled. Good Till Cancelled (GTC): An order that will remain in the market until it is filled or manually cancelled. Market (MKT): An order that will be filled wherever the market is trading.

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Input the Trading Amount

Traders can input the trading amount directly here and double click the BID or OFFER button.

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Right click on the fast button such as Sell 1m. Traders can input the new amount in the pop-up window.

e.g. Input 0.1here and then fast button will be changed into Sell 0.1m from Sell 1m.

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Create New Order

The simplest way of creating new order is to click the BID or OFFER button. After you clicking the button, a price ladder appears. Please choose the needed price and the new order will be showed in the active monitor which is in the right of the workspace.

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Activity Monitor
There are five kinds of orders in the activity monitor.
Shows submitted orders where no quantity was filled. Click Modify can modify the order price and click Cancel can cancel the order. Shows completed trades .

Shows submitted orders that were cancelled.

Shows partials that are done on Immediate or Cancel (IOC) Orders. Shows orders where part of the order quantity has been filled and part of the quantity remains as a resting order.

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Expiry Order
Two ways to open the window of Create Order: Right click on the BID or OFFER button

Click the marked button in the following picture

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Market

Orders can be filled at the current market price by using market orders. Traders can input the trading amount in the blanks and choose to buy or sell, expiry type and fill type. After checking the order information in the blue area which is on the top of the window, traders just need to click Place Order.

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Expiry Type: Select the time at which the order will expire.

IOC: An order that will either be immediately filled or cancelled. GTC: An order that remains in the market until executed or cancelled as a result of predetermined userdefined properties. Timed (in seconds): Timed to a predetermined number of seconds. Custom: Customize your own time based on the end of markets closing or a customer defined time.

Fill Type: Partial Fills are automatically enabled for this feature. Users may define the minimum amount they wish to trade in a block by typing an amount (identified in millions (m) or thousands (k)) in the Fill Type area.

Limit

Traders can specify the desired execution price of an order. Traders wanting to buy can do below the market, while sellers can sell above the market. Traders can also set a protection. If the price you set does not accord with the regulation, the system will warn you to revise the price.

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Stop

This type of order gives the traders the ability to buy above the current market rate, or sell bellow the current market rate. Traders can set their stop price or trailing stop. They also can set a Protection where they can determine a Stop Loss and Take Profit.

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One Cancels Other

This order allows the user to submit two orders; on the condition if one is filled the other order is immediately cancelled.

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Cancel ESP Orders on Disconnect

Choose Menu Setup Preferences Cancel ESP orders on disconnect, that means it can cancel all the ESP orders automatically when you log off or the system is disconnected. Otherwise, you need to cancel the orders by yourself.

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Close a Position
Traders are able to close positions by buying or selling the same trading volume without clicking the close-position button. For example, trader buys 2,000 ounce XAU/USD at 1739.8520. In Margin Position, we can see our trading amount is 2,000 and the position has won 69.9 pips.

At 1740.6980, if trader wants to close this position for the profit achieving his/her goal, trader just sells 2,000 ounce XAU/USD. Then we can see our trading amount has become 0, which is means all the positions has been closed.

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Trade Status Monitor

You can see Done Trades tab , ESP Orders tab, Margin Positions tab in the trade status monitor.

Done Trades To view all the done trades of the day. ESP Orders To view all the ESP orders. Traders can right click on the selected order to cancel it.

Margin Positions To view all the margin positions of the day. All the done trades and margin position will be cleared every 17:00 EST.

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Report
To view the history trades you can choose Menu Report Trade

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Traders can search trades through date, counter party, trading amount and currency pair. Double click a specific trade and then pop up a new window about the details of this trade.

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The trade details

Click Show Order to show the order details

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The order details

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