OrbisProTrader UsersGuide

Orbis Pro Trader Users Guide
Quick Guide
1
Section
Dynamic Level II
An overview of Important trader windows and features. The complete in-depth manual follows.
LEVEL II
Trading Window. Enjoy the Depth of the market as the Level II displays all bids and offers from the Major Brokerage firms, ECNs (Electronic Communications Network) and other traders, investors and financial institutions. Watch momentum build as the market makers position for trading and the rest of the trading world reacts. The top of the Level II window is a convenient order execution platform. Large Buy, Sell, Sell Short and Cancel keys give the trader the ability to take advantage of trading opportunities quickly. Also includes special tools to give the trader an edge in their executions.
Figure 1.0 LEVEL II
Quick Guide
Section 1
The Account Manager

Positions, Cost, Profit and Loss, Buying Power and Account information.
An extremely important window for a user. All positions (with the position tab pressed) are diplayed with all pertinent information. The trader sees all positions owned, share amounts, and the average cost. Real-time bids and offers on all positions with real-time profit and loss calculations. Also totals for the profit and loss for closed positions for the day and P/L for the entire portfolio. All account information(with the account tab pressed) such as Buying power, number of trades executed for the day, share amounts, overnight buying power are displayed.
ACCOUNT MANAGER
Figure 2.2 ACCOUNT MANAGER
Quick Guide
Section 1
The Trade Manager

Orders, Trades, Cancels, Log.
The trade manager window is also a very key window for the trader. This window keeps track of a number of different items. The orders window(with the order tab pressed) show all orders that were placed for that day. Includes the status of the order, whether it is still open, executed or cancelled. The trade window (with the trade tab pressed) displays all the trades that were executed for the day. Including Buy, Sell, Sell Short, Symbol, share amount, price, time, contra party, account and type (margin,cash) of trade. With the log tab presses the trader will see a log of every execution key stroke that was entered. The symbol tab is used to check on short availability for each stock and the amount of share available.
TRADE MANAGER
Figure 3.3 TRADE MANAGER
Section 1
Quick Guide
Dynamic Marketview
Real-time Level I information
The marketwatch window enables the trader to track a multitude of stock and opportunities. Open multiple marketwatch windows and group your stocks by favorites, sector, industry etc. This real-time display shows Best Bid, Best Offer and last trade. High and low for the trading day, yesterdays 4:00PM close and volume. Move or sort the columns to match your individual trading style. The marketwatch is also linked to the order execution windows for quick stock loading and buy and sell orders once a decision has been made.
MARKETWATCH
Figure 4.4 MARKETWATCH
Section 1
Quick Guide
Dynamic Level I Ticker

Watch stocks tick by tick.
LEVEL I TICKER
Many traders like to use tickers. The ticker shows any Bid or Offer change of the security or index you are watching. Color coded for convenience, the ticker talks to the trader to let him know what is happening. Load your stocks and indecies in the ticker and it will display Bid/Offer changes with the change for the day and time..
Figure 5.5 LEVEL I TICKER
Section 1
Quick Guide
ECN (Electronic Communication Networks) Books

ECN depth of Market.
ECN BOOKS
ECNs have become a major force in the United States stock markets. These computer matching engines bring traders together to execute trades. Depending on what direct connection ECNs your Broker/Dealer offers, each ECN will display an order book. The order book shows all the current buy and sell limit orders. The ECN book is a great view of the depth of the market
Figure 6.6 ECN BOOK
Section 1
Charts & Graphs

Historical data.
CHARTS
One powerful trader resource is a chart. A chart helps the trader organize and analyze historical trading data. Whether using simple support and resistance, intrady or year charts, candlestick or bar charts the trader makes the choice. If you would like to configure chart studies they are available for you.
*Please view the detail section of this manual for more on the many different configurations that are available.
Figure 7.7 CHARTS
Quick Guide
Section 1
Dynamic Options
Option chains, streaming Bids and Offers, Order execution
OPTIONS
Trading Window. Display option chains with real-time streaming information and best current bids and offers for various
exchanges and major brokerage firms, ECNs (Electronic Communication Networks), other traders, investors and financial institutions. The top of the Option chain window is a convenient order execution platform. Easy Buy, Sell, Sell Short and cancel keys give the trader the ability to take advantage of trading opportunities, hedges, partial hedges quickly. Also includes sorting tools and tabs for ease of use.
Figure 8.1 OPTION CHAINS with ORDER EXECUTION
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Configuration Basics
2
Section
Figure 2. 1 APPLICATION BAR
Application Caption Bar
This Bar is located at the top left hand side of the screen. The program name and the current version are shown.
The Menu Bar
The Menu Bar is found directly below the Application Caption Bar. Left click on any item on the Menu bar will open a drop down menu. Then select the window you would like open.
Figure 2. 2 THE MENU BAR
Figure 2. 3 SELECTING A WINDOW TO OPEN.
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Section 2
The Icon Bar
The Icon Bar is found directly below the Menu Bar. The Icon Bar, shown in figure 2.4, provides instant access(shortcuts) to frequently used options found within the contents of the Menu Bar. Placing your mouse pointer over each of the Icons will identify that Icons usage.
Figure 2. 4 THE ICON BAR
Configuration Windows
Each trading tool window can be configured to the traders specifications. The following is a brief description of the configuration settings available for each window.
Trading Window (Top Order Execution Box)
Right Mouse Click in the top of the trading window.
Figure 2. 5 EXECUTION BOX CONFIG OPTIONS
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Section 2
Route Configuration
The trader can configure the execution routes they will be using. You can also designate preferred routes for quick access. There is also a default button to reset the systems default route settings. Too add a new route just type it into the dialog box and click save. Please contact your Broker for the execution routes are available.
Figure 2. 6 ROUTE CONFIGURATION DIALOG BOX
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Section 2
Order Configuration
Each execution window features a DEF (Default Key) to allow the trader to configure default orders and load them in the execution window quickly. The trader can configure orders for the Nasdaq, NYSE and options separately. They can also configure share amounts, the time the trade will be active for, the account and the trading route. The trader can configure each trading window on its own or create a Global default setting (Check in the bottom left hand corner) that will be used in all the execution windows.
Figure 2. 7 ORDER CONFIGURATION DIALOG BOX
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Section 2
Trading Window (Bottom Quote Montage)

Right Mouse click in the bottom of the trading window and a montage configuration Dialog box will be displayed.
Quote Montage Configuration
The Level II montage can be configured to the traders tastes. Change the tier colors, size of the font and color grouping. You can also highlight a particular market maker, exchange or ECN to monitor. You can also have the grid displaye and decide how many levels of ECN Bids and Offers you want displayed in your montage. You can use the Default settings or create your own Default.
Figure 2. 8 LEVEL II CONFIGURATION BOX
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Section 2
Account Manager Window

Right mouse click in the middle of the Account Manager window for the following options.
Figure 2. 9 ACCOUNT MANAGER BOX CONFIG OPTIONS
Account Manager Configuration
The account manager window comes with two different configuration functions. The first is a print function. The trader can print out their positions and account information. The second allows the trader to color code their positions and adjust the font and colors of the Account Manager window.
Figure 2. 10 ACCOUNT MANAGER CONFIG BOX
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Section 2
Trade Manager Window

Right mouse click in the middle of the Trade Manager window for the following options.
Figure 2.10 TRADE MANAGER CONFIG BOX
Trade Manager Configuration
The trade manager window comes with the following configuration functions. The first is the ability to sort the trades, orders and log. You can also print the order, trades, log and symbol windows. The trade manager window comes with a executed trade beeper box. If a particular trade is executed a beeper file can be alerted to let the trader know they execution took place. The configuration box allows the trader to choose colors and fonts. See Figure 2.12
Figure 2.11 BEEPER FILE CONFIGURATION
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Section 2
Figure 2.12 ORDER MANAGER CONFIGURATION BOX
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Section 2
Market Minder Window

Right mouse click on the top of any column in the Market Minder window for the following options.
Figure 2.13 MARKET MINDER CONFIG OPTIONS
Market Minder Configuration
The Market Minder window comes with the following configuration functions. The first is the ability to sort or move any of the columns. You can also change the font and color code the display for stocks that are up or down.
Figure 2.14 MARKET MINDER CONIGURATION BOX
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Section 2
Options Window
Right mouse click on the top of any column in the middle of the Options window for the following configuration.
Figure 2.15 OPTION CONFIGURATION SELECTIONS
Options Configuration
The Option window comes with the following configuration functions. The first is a Auto fit function. This adjusts the columns so the fit properly in the option window. The configuration Dialog Box allows you to adjust option chain and option quote montage colors. You can change the way the Option chain is displayed, by strike price, expiration date, or all. You also have the function to select volume, price and expiration filters. See Figure 2.16
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Section 2
Figure 2.16 OPTION CONFIGURATION BOX
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Configuration Basics Chart Window
Section 2
The Chart window has the most configuration options out of the windows discussed. Right mouse click on the in the middle of the chart and the following selections appear.
Figure 2.17 CHART RIGHT MOUSE CLICK CONFIG
Chart Configuration
The first selection DATA allows the trader to select the time frame for the chart.
F igure 2.18 DATA CONFIGURATION BOX
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Section 2
Chart Configuration
The Second selection RECT enables you create another Chart rectangle attached to the first or you can remove it or move it up and down. Also includes a configuration window to configure the rectangles Labels, Ruler, and last price displays.
Figure 2.18 CHART RECTANGLE CONFIGURATION
Figure 2.19 RECTANGLE CONFIGURATION BOX
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Section 2
Chart Configuration
The third selection RECT enables you to change the views on the rectangle. Decide whether you wide like to display the Chart Labels and horizontal and vertical lines.
Figure 2.20 RECTANGLE VIEW CONFIG
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Section 2
Chart Configuration
The fourth selection ZOOM enables you to Zoom in or Zoom out of the current displayed chart. Fit screen, Set range, and Auto scale are additional features.
Figure 2.21 RECTANGLE ZOOM CONFIG
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Section 2
Chart Configuration
The fifth selection SETTING enables you change the colors of the chart and load and save particular settings. Also included is a Data Buffer to speed up chart displays and a History of charts that you have configured to jump from one to another.
Figure 2.22 RECTANGLE SETTING CONFIG
Figure 2.23 COLOR

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Figure 2.24 CHART
Section 2
Chart Window
Left mouse click and HOLD will bring up an information box. This box contains the High, Low, Open, Close and Volume for the time period the mouse pointer was on when clicked.
Figure 2.25 LEFT MOUSE CLICK & HOLD INFO BOX
A double left mouse click will open a dialog box to change the Chart type, draw chart studies and more.
Figure 2.26 DOUBLE LEFT MOUSE CLICK CONFIG BOX
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Section 2
Chart Configuration
The Chart study configuration box allow the trader to choose different charting tools to augment their trading. Just select the study you want to display and use the arrow key to move it to the right, making it active. Once active you can click on Config for more options on the selected study.
Figure 2.27 CHART STUDY SELECTION
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Section 2
Chart Configuration
After a chart study has been selected and is active further configuration is available. In the PRICE studies selection the trader may also select the type of price chart they would like. Bar Charts (Open, High, Low ,Close) Line charts or Japanese Candlesticks. The colors of the Price studies can also be configured.
Figure 2.28 SELECT CONFIG
Figure 2.28 SELECT PRICE STUDY & COLORS
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Section 2
Chart Configuration
In the VOLUME studies selection the trader may display the information as Bars or a line or an area display. Select the colors of the lines and how the Bars and the Area displays are filled in.
Figure 2.29 SELECT VOLUME STUDY CONFIG
Figure 2.30 CHOOSE BAR, LINE, AREA DISPLAY & COLORS
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Section 2
Chart Configuration
The MOVING AVERAGE study selection allows the trader to overlay different types of moving averages on the chart. A moving average is the average price of a security at a particular time. A SIMPLE moving average is calculated by adding the securitys prices for x amount of time periods. You then divide the total by x to create the average. The trader may also select a EXPONENTIAL moving average. This is calculated differently from a simple moving average. An exponential moving average is calculated by applying a percentage of todays closing price to yesterdays moving average volume. Exponential moving averages place more weight on recent prices. The trader may also select a WEIGHTED moving average. A weighted moving average is calculated by multiplying each of the previous days data by a weight. The weight is based on the number of days in the moving average. The trader selects the type of average (Simple, Weighted, Exponential) the time period and the display colors.
Figure 2.31 MOVING AVERAGE CHART
MOVING AVERAGE CONFIG BOX
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Section 2
Chart Configuration
In the STO (STOCHASTICS) study selection the trader may display the Stochastics oscillator. The Stochastic Oscillator compares where a securitys price closed relative to its price range over a given time period. The Stochastic Oscillator is displayed as two lines. The main line is called %K. The second line, called %D, is a moving average of %K. The %K line is usually displayed as a solid line and the %D line is usually displayed as a dotted line. There are several ways to interpret a Stochastic Oscillator. Buy when the Oscillator (either %K or %D) falls below a specific level (e.g., 20) and then rises above that level. Sell when the Oscillator rises above a specific level (e.g., 80) and then falls below that level. Buy when the %K line rises above the %D line and sell when the %K line falls below the %D line. Traders also look for divergences. Prices are making new highs but the Oscillator is failing to make new highs. The trader can choose what periods to use and the colors that will be displayed.
Figure 2.32 STOCHASTICS CHART
STOCHASTICS CONFIG BOX
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Section 2
Chart Configuration
In the MOMENTUM study selection the trader may display this rate of change study. The Momentum indicator measures the amount that a securitys price has changed over a given time span. Momentum displays the rate of change as a ratio. A trader would buy when the indicator bottoms and turns up and sell when the indicator peaks and turns down. Momentum is also used as a leading indicator as market tops are generally identified by rapid price increases and market bottoms end with rapid price decreases. The trader selects the time period and also the colors.
Figure 2.33 MOMENTUM CHART
MOMENTUM CONFIG BOX
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Section 2
Chart Configuration
In the RSI (RELATIVE STRENGTH INDEX) study RSI measures the internal strength of a single security. The RSI is a price-following oscillator that ranges between 0 and 100. A popular method of analyzing the RSI is to look for a divergence in which the security is making a new high, but the RSI is failing to surpass its previous high. The RSI usually tops above 70 and bottoms below 30. RSI often forms chart patterns that may not be visible on a price chart. The RSI shows, sometimes more clearly than price themselves, levels of support and resistance. Divergences occur when the price makes a new high (or low) that is not confirmed in the RSI. Prices usually correct and move in the direction of the RSI.
Figure 2.34 RELATIVE STRENGTH INDEX CHART
RELATIVE STRENGTH CONFIG BOX
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Section 2
Chart Configuration
In the OBV (ON BALANCE VOLUME) study selection this indicator relates volume to price change. On Balance Volume is a running total of volume. It shows if volume is flowing into or out of a security. When the security closes higher than the previous close, all the days volume is considered up-volume. When the security closes lower than the previous close, all of the days volume is considered downvolume. The basic assumption is that OBV changes precede price changes. The theory is that smart money can be seen flowing into the security by rising OBV. When the public buys into the security, both the security and the OBV will surge ahead. If a securitys price movement precedes OBV this is considered non-confirmation. This usually occurs at Bull market tops or Bear market bottoms. The trader selects the time frame and the colors.
Figure 2.35 ON BALANCE VOLUME CHART
OBV CONFIG BOX
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Section 2
Chart Configuration
In the VAD (ADVANCE/DECLINE/VOLUME) study is a market momentum indicator. Advancing volume is the total volume for all securities that advanced in price. Declining volume is the total volume for all securities that declined in price. Charts of the advancing or declining volume can be used to look for volume divergences (where advancing volume increases but the market falls) to see if selling pressure is waning, to view daily trends, etc. Trader selects the number of periods and the color.
Figure 2.36 ADVANCE?DECLINE VOLUME CHART
A/D/V CONFIG BOX
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Section 2
Chart Configuration
The ENVELOPES study selection displays trading bands information. Envelopes are comprised of three moving averages. One moving average shifted upward and the second is a middle moving average and the third is a moving average shifted downward. Envelopes define the upper and lower boundaries of a securitys normal trading range. A sell signal is generated when the security reaches the upper band whereas a buy signal is generated at the lower band. The optimum percentage shift depends on the volatility of the security. The more volatile the security the wider the percentage of shift will be used. The theory behind envelopes is that buyers and sellers push the price to extremes. Buyers push the price to the upper band and sellers push the price to the lower band. Eventually the price will stabilize and the price moves to more realistic levels. The trader selects the moving average periods, the band percentage and the colors of the lines.
Figure 2.37 ENVELOPES CHART
ENVELOPES CONFIG BOX
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Section 2
Chart Configuration
In the BOLLINGER BAND study selection the trader may display this moving average chart study. Bollinger Bands are similar to moving average envelopes. The difference is Bollinger Bands are plotted at standard deviation levels above and below a moving average and envelopes are plotted using a fixed percentage. Since standard deviation is a measure of volatility, Bollinger Bands are self-adjusting: they will widen during volatile markets and contract during stable periods. Basic interpretation of Bollinger Bands is that prices tend to stay within the upper and lower band. Sharp price changes tend to occur after the bands tightrn, as volatility lessons. When prices move out of the bands, a continuation of the current trend is implied. A move that originates at one band tends to go all the way to the other band. This is used to project profit potential. The trader selects the number of periods and colors of the lines.
Figure 2.38 BOLLINGER BAND CHART
BOLLINGER BAND CONFIG BOX
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The information in this manual and the accompanying software is protected by copyright:
Copyright GlobeTek Solutions 1998 2004.
COPYRIGHT: All content included in this manual and the adjoining software, such as text, graphics, logos, button icons, images, and software, is the property of Globetek or its content suppliers and is protected by U.S. and international copyright laws. All software used is the property of Globetek or its software suppliers and protected by U.S. and international copyright laws. Any other use, including the reproduction, modification, distribution, transmission, republication, display or performance, of the content on this site is strictly prohibited. TRADEMARKS: Global Trader is a trademark of Globetek Solutions. All other names and trademarks are the property of their respective holders. Globeteks trademarks may not be used in connection with any product or service that is not Globetek's, in any manner that is likely to cause confusion among customers, or in any manner that disparages or discredits Globetek.
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Orbis Trader Pro

DETAIL MANUAL
LOGGING ON
Click on the start button and go to Programs. Select the program. Or, double click the program icon on your desktop. Select Logon from the tool bar.
In the TraderID field, in place of YOURID, type in the User ID that was
supplied to you by your broker. Be sure to leave the four-letter firm ID followed by a dot. It should look something like this: XXXX.CCAB
Next, type your password in the password window. Then Click OK.
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OPENING A SCREEN
Your software installation should include a default screen, which opens when you log on. If a sample screen did not open when you logged on, go to Trade on the toolbar.
Left mouse click and select OpenScreen from the dropdown menu.
Double click on Default.screen then click Open. Sample.screen is another sample screen you may use. Of course you can create your own screens.
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SET A DEFAULT ORDER
Go to Config on the toolbar. Select Default Order.
The following Dialog Box will appear:
In the Account fields for both NASD and NYSE and Options (If applicable), select your account from the drop down menu. Click OK.
SAVING A SCREEN
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Go to FILE on the toolbar. Select save screen. Enter a file name and click save. To open your screen, go to file. Select open screen and double click on your file name. To have your screen open automatically every time you log on, save your screen with the name default. You can save as many different screens as you like. You can personalize your own screen using any windows you choose. All of these windows may be opened by going to Trader, on your tool bar. The drop down menu displays all available windows.
Windows essential for trading are labeled Trading, Account Manager and Trade Manager. A description of these windows follows.
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THREE ESSENTIAL WINDOWS

TRADING WINDOW
This is your order execution window and Level II quote window. Type the stock symbol in the white box in the upper left corner of the Trading window and hit enter. The title bar of the Trading window displays the stock symbol and the current inside market (the best bid and ask). Previous close (PCL), days high-low (H/L), last trade (Last), Volume(Vol) are displayed here. Net change compared to the previous days close is displayed in red. A maximum of five Trading windows may be opened. The Blue Message Line displays the status of your order in real time.
NOTE: Some actions will generate multiple messages. Only the last message will remain in the message line.
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UPPER SECTION of the TRADING WINDOW

The following is an explanation of the functions of the boxes and buttons on the top portion of the Trading window. Details on the bottom section of the Trading window (the Level II montage) begin on page 6.
Title Bar Displays the NASDAQ Inside Market. (Level one, the inside market, and the best Bid / best Ask all mean the same thing).
Stock Box Type a security symbol here and hit Enter.
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Shares Box
The preset default is 100. There are four ways to adjust the number of shares. 1. Use the up /down arrows to the right of the Shares Box. Left click on the appropriate arrow, hold down the left mouse button or use the mouse wheel. 2. Use the forward / back arrow keys on the keyboard. 3. Type the number directly into the Shares Box. 4. Left click on the quote size on the Level II montage. Deleting the Shares Right click on the arrows to the right of the Shares Box to delete a price. Move the mouse cursor over the Shares Box to make the field live and ready to accept a new typed in number of shares.
Preference Box
For SelectNet (SNET) Preference to Market Makers and ECNs. On the Level 2 montage, left click on the MM or ECN you wish to preference. The MM or ECN ID will appear in this box.
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Price Box
There are four ways to set a price.

1. Left click on any Bid or Ask price on the Level 2 montage. That price will loaded in the price box.
2. Use the arrows to the right of the Price Box on the Trading window. The left arrows change the price in $.10 increments while the right arrows change the price in $.01 increments. Left click on the appropriate arrow, hold down the left mouse button or use the mouse wheel. When the Price Box is blank, the price always starts at the ASK price.
3. Use the up / down arrow keys on the keyboard to change the price in $.001 increments. Up adds $.001 to the best Level II Bid. Down cuts $.001 from the best
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Level II Ask. 4. Type the price directly in the Price Box. Deleting a Price Right click on the arrows to the right of the Price Box to delete a price. Move the mouse cursor over the Price Box to make the field live and ready to accept a new typed in price.
ROUTE BOX
Click on the arrow to open the dropdown menu. Select the appropriate order type. Or use the End key on the keyboard. The default for all limit orders is no price in the price box, Buy at the ASK, Sell at the BID.
Account Box
If you trade more than one account, click on the arrow to select the account to be traded. Always select the account after entering the security symbol.
NOTE: Every time you enter a stock on a trading window, the default order is reset.
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Market Designator Not all NASDAQ securities are the same. Securities can be distinguished by the letter code that appears here. Q NASDAQ National Market. Most major stocks are in this category. These are the only securities on which you can use SOES. S NASDAQ SmallCap Market. You cannot use SOES on these securities. U Bulletin Board. Use our direct connection to HRZG and NITE. Call for info. N - NYSE. New York Stock Exchange. Use ARCA or DOT routing. On some securities you may be able to use Island and alleviate the DOT and ARCA per share fees. A - AMEX. American Stock Exchange. Use ARCA or DOT routing. On some securities you may be able to use Island and eliminate the DOT and ARCA per share fees.
Time In Force (TIF) The preset default is DAY. All unexecuted Day orders are cancelled at 6:30 PM ET. TIF for SOES orders is 90 seconds and is not adjustable. ISLD orders can be set to any TIF. Minimum TIF for SNET is 3 minutes.
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AON/ANY ANY is the preset default. AON (All or None) can be used for broadcast SelectNet (SNET) only. It you want your SNET order filled completely, or not or all, use AON. Buy Click here to send a buy order to go long, or to cover a short position. Sell Click here to send a sell order to cover a long position. SHRT Click here to enter a Short Sell order. Shorting rules must be observed. The system will reject illegal Short Sell orders. Shorting Rules: UPTICK - May short at the bid or higher. DOWNTICK - Must short at least $.01 above the bid. If the spread is .01, you may short at the ASK. You can enter a short sell on a listed security (stock symbols with three or fewer letters, example: GE, LU, QQQ, COM, etc.) on a downtick; however, the specialist on the trading floor wont actually place the order until the stock has an up tick. IPO - Initial Public Offerings are not shortable. Bulletin Board securities and NASDAQ Small Cap securities are only available by calling your broker. The software automatically checks availability when a Short Sale order is entered. The message Send Rej Shrt Security isnt shortable will be generated if the security is not available to short. Furthermore, traders can check Short availability by using the Symbol function on the Trade Manager window.
CXL
Click here to cancel the last order sent from that Trading window. Or, click the X in the CXL column on the Trade Manager - Orders window. Or, highlight
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the open order on Trade Manager - Orders by right mouse clicking anywhere on the line displaying the order. If you have more than one open order, you have the option of canceling all orders, or just the order on which you clicked. You also have the option of canceling all open orders for the same security as the order you selected.
DEF
This button restores your default settings to the Trading window. Be careful not to click BUY by mistake! Blue Message Line
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Remember, only the last message of a multiple message order appears in this line. Always and frequently check your Account Manager and Trade Manager windows. Individual Log Click on the Blue Message Bar to open that Trading Windows individual log.
P (Position) Button
Left mouse click here to automatically load the Shares Box with the number of shares you hold in any security. Use it immediately after any execution, or anytime you call up a stock in which you hold a position. It is also possible to set your default order to automatically display the number of shares you hold whenever you call up a security. (Go to Config on the toolbar and select Order Handle) R (Reverse) Button
Left click on this button to reverse the standard default order. With the button clicked on and highlighted in red/yellow, all default limit orders are no price in the price box, buy at the inside bid, sell at the inside ask.
Lock
You may lock your Trading windows to prevent accidental sending of Buy or Sell orders. To the right of the P button is a Blue padlock icon. Left mouse
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click here. It turns red to indicate a locked Trading window. Orders cannot be sent.
Linking Trading Windows To Time & Sale And Charts Put your mouse cursor on the Stock Box on the Trading window. Hold down the left mouse button and drag the cursor to the Time/Sale window and release the mouse button (drag and drop).
HIDDEN SECTION OF THE TRADING WINDOW
Additional options are available by pulling down the top of the Level II montage.
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Config Button
This button allows you to set a default order for individual Trading windows. Set the
default orders and click OK. To override the individual default, check Use Global Default.Dropdown Menu
If you have a margin account and would prefer not to use margin, select Cash from the dropdown menu. The buying power requirement for an order is recalculated without using margin. To return to normal buying power calculation for a margin account, reset this option to Margin. Lock Account
If you trade multiple accounts you can lock in the currently selected account. Calling up
different securities on the Trading window will not cause the default account number to be reset while this box is checked.
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Route Config
Click the Route Config button, opening the Configure window. Two lists can be configured. All Routes This list determines the specific routes that appear on the drop down menu, and their order on the list. It is advisable to consult with your broker before making any alterations. Errors may hinder order execution. Spelling must be precise. Click OK to save any changes. Preferred Routes This function allows you to select your most often used routes, for example ISLD, SOESL, ARCAL. Pressing the End key on the keyboard toggles between your specified routes. Enter the selections in the Preferred Routes field, in the order you wish them to toggle. Do not leave spaces between the specified routes. Errors on the End Key configuration only affect End Key operation. Spelling must be precise. Click OK to save any changes. The function of the End key can be assigned to any programmable Hot Key. See the section on Hot Keys for more information. The following is the correct spelling of a variety of routes. Please note that your broker may offer routes that are not shown here, or may not offer all routes that are shown here. SOESL SOESM ISLD ISLDN ARCAL ARCAM BRUTL HRZGL HRZGM HRZGS DOTL DOTM DOTS SNET
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LOWER SECTION OF THE TRADING WINDOW
This is the Level II montage. It contains Market Maker (MM) ID symbols, Electronic Communication Network (ECN) ID symbols (designated by #), and the Island Book (ISB). To the right of each MM, ECN or ISB symbol, are the Bid or Ask, and the size of the Bid or Ask. Size is abbreviated multiply by 100 for the actual number of shares. Left mouse click on any MM ID or ECN ID to load the Trading window with an order to that MM or ECN at the quoted price. The MM or ECN ID appears in the Preference Box, and the quoted price appears in the Price Box. Click on the displayed share size to load the shares box if
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desired. When directing an order to a MM or ECN, you must send buy orders at the MM or ECN Ask, and send sell orders at the MM or ECN Bid.
CONFIGURING THE LEVEL II MONTAGE
Right click over the Level II montage, opening the Level II Config window. The following parameters can be configured. Tier Level Each price level on the Level II montage is color-coded. These colors can be configured to your liking. Left click over a color band to configure the color. Font Left click on the Font field to open the Font configure window. Color Grouping If a different color for each price level is too much, a price range can be specified. For example, if .0625 were entered, color grouping would include all quotes within $.0625, or what was formerly a 16th. Show Grid Left click to check the box if you want to see a grid on the montage. Show ECN # - Normally checked. ECNs are designated with # following the market participant ID. Uncheck if you do not want to see the #. Show ISLD Normally unchecked. The Island Book, which is received directly from Island, is indicated by the symbols ISB. ISLD is the best bid/best ask quote supplied by
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NASDAQ. If displayed along with ISB, there will be duplicate quotes representing the top of the Island Book. This is undesirable. Show Island should only be selected if for some reason the Island Book (ISB) is unavailable. ISB Number Sets the depth, or number of Island Book (ISB) price levels that are displayed on the montage. Set As Default - You can set the current Level II configuration to be the default for all your Trading Windows. Load Default Left click to load your default Level II montage configuration on any Trading Window. Broker Monitor Two Market Participant IDs may be monitored by entering the MPID in the monitor field. Select text and background colors to make them stand out by left clicking over the appropriate field.
NOTE: Be sure to save your screen to preserve your Level II settings.
OPTION CHAINS AND EXECUTION

The following is an option chain screen with order execution. Please review with your broker the requirements and disclosures needed to trade options. Execution works the same way as your Level II window. Please review the section preceding this.
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The top of the Screen Displays a real-time dynamic quote with change for the day, percentage change for the day and High and Low for the current day.
Also included is a Display of the current option contract selected for market view. That particular contracts High or Low for the Day, Prior Close, Last trade, Change for the Day, percentage change for the day, Volume and a section to view cal option
chains, put option chains or both.
Below the execution box is the current quote for the selected option contract. The best Bid and Offer for the various exchanges and ECN participants. Check with your broker for execution routes available.
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The bottom window displays the Option contract chains. Sort by expiration price or expiration month. Chains display last trade, change for the day, Best Bid, Best Offer, Volume and open interest.
Option Configuration
Right click while your mouse is in the option chain window and a dialog box will appear. This allows the trader to configure the option window further. Change your window fonts, change the grouping, filter by volume, price or expiration.
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ACCOUNT MANAGER
Open Account Manager window so that the Position and Account tabs are displayed. Position Tab
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Displays all open positions. Right click on a symbol to load a Trading window with that security, the number of shares, and the account in which the position is held. Columns on the Position button are as follows: Sym The security symbol. Right click on the symbol to load a Trading window with that security, the number of shares, and the account number. Account Your account number. Shares The number of shares. Avgcost Average cost. Realized If you have sold part of your position, the realized P&L on the sale is displayed here.
Unrealized Your P&L if you were to close the position at the current market price. Bid and Ask The current inside market on that security. Type Cash, Margin or Short. Withhold BP - The amount of buying power used if the position was opened on the current trade date.
Account Tab
Displays account information. Columns on the Account tab are as follows:
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Account Your account number(s). Type Your account type: 1 = cash 2 = margin Realized Your P&L for the current day. Unrealized Your change in value of all current positions combined. Open BP Your Daytrading buying power, loaded daily for your account(s). Current BP Your current buying power. Fluctuates as you open and close
positions. OverNight BP This is your Overnight buying power. It is displayed as a guide. If any position that was opened today exceeds your Over Night buying power, this field turns red, alerting you of that fact. Exceeding OverNight BP will result in a margin call. NOTE: If your overnight buying power is less than your Daytrading buying power, the software will not prevent you from exceeding your ONBP. Tickets The number of trades for the day.
TRADE MANAGER
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Open the Trade Manager window so that the Orders, Trades, Log and Symbol tabs are displayed. The tabs are as follows: Order Tab
Displays all open orders. Right click on the row containing the order, to open the Cancel/Config window. Columns on the Order button are as follows: CXL: Left click to cancel an order. Time: The time the order was entered. Symb: The security symbol. B/S: B = Buy S = Sell Qty: The number of shares on the original order. Open: The number of shares currently open. Price: The price on your order.
Route: The routing selected for your order. Type: L = Limit M = Market S = Stop Status: Sending The order has not yet reached the market. Accepted The order has reached the market Canceling Order is not yet canceled. Short: Y = Yes N = No TIF: The time period that the order is active (i.e. DAY, 1, 2, 3, 5 or 10 min.) IOC Immediate or Cancel
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Trades Tab
Displays all todays trades. Columns on the Trade tab are basically the same as those on the Order button. Log Tab
Displays all the messages generated in the Blue message line on the Trading windows. The Log is only on your computers hard drive. This log has every action you performed on the trading platform for the day. Only the actions performed on one computer will show up on the Log, if you switch computers during the day, then you will have a separate log on the other computer. Symbol Tab
Has various functions: Enter the stock symbol in the Symb column and hit Enter. If the stock is shortable, the number of shares available will be displayed. In some cases, additional shares as well as additional securities may be located by calling your broker. Market Market Designator. HiRisk Y = Yes N = No. Stocks designated as HiRisk have a 50% maintenance requirement. ShortSize The number of shares available to sell short.
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OPENING OTHER WINDOWS

As previously stated, the windows essential for trading are: Trading, Account Manager and Trade Manager. Following is a description of the additional windows you may wish to employ:
TIME & SALE
Can be a very important trading tool. It reports trades as they occur. The first column shows the price of the trade. The second column indicates the number of shares. Multiply by 100 for the actual number of shares. The third column shows the time of the trade. Stand-alone feature - The Time & Sale window can function alone. It does not need to be linked to a Trading Window to function. The full number of shares may be displayed instead of dividing the number by 100. Right click to open the Config window and uncheck Share / 100. Linking Time & Sale to a Trading window Put your mouse cursor on the Stock Box on the Trading window. Hold down the left mouse button. While holding down the mouse button, drag the cursor to the Time & Sale window and release the mouse button (drag and drop). Color Code on Time & Sale Blue represents a trade at the Ask price. Red represents a trade at the Bid price.
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Orange represents a trade between the Bid and Ask Black represents a trade below the Bid Green represents a trade above the Ask.
Configuring the Time @ Sale Window Right click on the Time & Sale window to open the Config window. Default colors may be customized. Vertical and/or horizontal grid lines may be added. Full number of shares may be displayed, and the font may be adjusted. To save your Time & Sale settings as a default, click Save as Default. To load your default settings in any Time & Sale window, click Load Default.
Top 20
This is a live market statistics window. It lists NASDAQ (NASD) and New
York/American Exchange (NYSE) securities in order by most active, and percentage
gainers and losers. Right click on a symbol to load a Trading window.
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ISLD BOOK
Displays the Island Book. It Can be linked to a Trading Window, or can standalone.
MARKET WATCH
This window allows you to view data on stocks you wish to track. Enter the symbol in the yellow area and hit enter or arrow up/down on the keyboard. To automatically load your Trading window, right mouse click on the security symbol.
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Five Market Watch windows can be opened at the same time. The capacity for each window is forty symbols. However the total number of symbols displayed on one screen for all Market Watch windows is limited to eighty.
Columns on Market Watch

Sym Security symbol Change Net change from yesterdays 4:00PM close. Last Last trade Bid/Ask Level I High/Low Todays high and low Open Todays opening trade yClose Yesterdays 4:00PM closing price. Volume Todays total volume
Configuring the Market Watch window - Right click anywhere except on a security symbol.
Sorting Symbols Alphabetically Left click and swipe up or down, highlighting all symbols to be sorted. Next, right click anywhere on the first gray column on the left side. A dialog box should open with 3 options: Sort, Move, ShowAll. Highlight Sort and left click. The selected symbols should now be sorted. Moving Symbols - In the first gray column on the left side, left click and swipe up or down highlighting all symbols to be moved. The entire row must be highlighted. Next, right click anywhere on that first gray column. A dialog box should open with 3 options:
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Sort, Move, ShowAll. Highlight Move and left click. Left click again on the row where you want the symbol to be moved. A dialog box should open. Click Yes and the symbol(s) should now be moved. Moving Columns Moving columns is accomplished the same way as moving symbols. Restoring Hidden Columns If you have hidden columns on the Market Watch window, and wish to restore them, Right click on the top row containing the column titles. Highlight ShowAll and left click.
L1 Ticker
This level I ticker is for securities whose symbols you enter into the window. Whenever the Level I quote changes on your selected securities, the new Level 1 quote is displayed. To load your Ticker, right mouse click on the Ticker window. In the upper field type a name for the ticker. In the field below, type the security symbols in a vertical column. Click Save and OK. An unlimited number of tickers may be configured although only one at a time can be opened. To configure multiple tickers, delete both fields and enter a new ticker name and new symbols, click Save and ok. Additionally, colors, fonts and grid lines may be configured.
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CONFIGURING WINDOWS
For all windows, a right mouse click opens a configure window. Fonts and Colors are
configurable on all windows For the Market Watch window, right click anywhere except on a security symbol. For the Top 20 window, Right click anywhere on the numbers on the left or the column titles on top. For the Trade Manager window, Right click anywhere except on a security symbol.
MAIL
Mail is accessed via the Tools option on the toolbar. When mail has been sent to you, an alert will be displayed, scrolling across the top of the screen. To clear the alert, click
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anywhere on the new message or click the Clear New Mail Alert button. To reply to a message, click anywhere on the message, and then click the Reply button. Type in your reply, and click the Send key. Messages must be sent to a specific User ID.
CHARTS
Linking Charts to a Trading Window

Put your mouse cursor on the Stock Box on the Trading window. Left click. Hold down the left mouse button. While holding down the mouse button, drag the cursor to the Chart window and release the mouse button (drag and drop). RECTS - The default chart window opens with two RECTS or rectangles. Each RECT can display up to 15 different studies. RECTS may be moved up or down,
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minimized, maximized and closed, using the Control Box (symbols highlighted in yellow, in the upper left corner of each RECT), or selecting from RECT options when right clicking over a chart window. The solid horizontal line between RECTS is used to change the relative size of the RECTS. Put the mouse cursor over the line. A vertical arrow appears with the message move. Left click and slide the cursor up or down. HISTORICAL DATA Move the mouse cursor to the left of the Chart window until you see an arrow and the message DATA. Left click to recall up to five previous days of minute chart data, or day chart data back to 1970.
RIGHT CLICK
Anywhere on the chart. A dialog box opens with the following options.
Data
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Type - Choose Minutes or Day Chart Point Choose the desired Minute or Day Interval from the dropdown menu, or directly type in the number of minutes or days. Show Pre/Post Market If desired, left click to put a check in the box. From and To Select the specific start and end date/time of the data you wish to view. Notes: The amount of data that can be retrieved with one request is limited. Overlays further limit the date or time range available with one request. However, once chart data is retrieved, it is stored in your computers memory. Subsequent requests will allow more historical data to be retrieved. For example, two or three days of minute chart data can be retrieved with one request. Four or five days will exceed the limit for one request. Start by requesting two or three days first, then requesting four or five days of minute chart data. The same applies for day chart data. An alternative method is to recall historical data using the left click method described above, under HISTORICAL DATA.
RECT
Add, Remove, Move UP or Move Down Config - Show Label The time reading. Show Ruler The horizontal scale. Show Last Sale Price Displays the last trade price. Show Control Box - Symbols highlighted in yellow, in the upper left corner. Show Study Info Displays a color coded list of the RECTs studies, in the upper left corner. (May be obstructed by the chart study).
View
Label Removes or restores that RECTs chart label.
Zoom
In or Out The Up/Down Keyboard Arrow Keys do the same thing. Fit Screen Restores a zoomed in chart to full view. Set Range Once zoomed in, locks in the displayed zoom range.
Setting
Colors Allows adjustment of Background, Grid, and Label colors. Load Setting Load a previously saved .cst file (See below) Save Setting Save a chart configuration as a .cst file. Clear Setting Totally clears the chart window of all data. Data Buffer - If for some reason, such as a bad connection, the chart data stored in your computers memory is corrupt, click Remove to delete it.
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History Is a list of the last twenty charts displayed in a chart window. Double click on a symbol to display that chart. Use Move Up / Move Down to change the chart order. Use insert to insert a new chart in the list, etc.
LEFT CLICK
Anywhere on the chart to display data for that particular point in time.
DOUBLE CLICK
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On a specific RECT to open the Chart Study Config window. Click on a study on the left, in the Available Studies field. Click the right arrow to move the study to the right, in the Selected Studies field. Or, double click on the Available Study to move it into the Selected Studies field. Overlays Found in the Available Studies list. Study Layers UP/DOWN Determines the order of overlaid studies in the RECT. The study on the bottom of the list is drawn first. Studies higher on the list will be overlaid on studies lower on the list. The scale displayed will be that of the study on the top of the list. Config Highlight the study and click Config, opening that studys Config window. Or, double click on the Selected Study to open the Chart Config window. Apply click to see your changes before closing the Chart Study Config window. OK applies the changes (if you didnt click the Apply button) and closes the Chart Study Config Window
KEYBOARD ARROWS
Up/Down arrows Zoom in and Zoom out. Left/Right Once in Zoom Mode, these move horizontally along the time line.
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SCROLL BAR
Once in Zoom Mode, a scroll bar appears on the bottom of the chart window. Left click on the scroll bar and hold down the mouse button. A pop up window displays the date and time. Move the scroll bar left or right the date and time display changes. Release the mouse button and the first bar on the chart will be the date and time from the display.
PAGE UP / PAGE DOWN

This feature scrolls through the last twenty charts that have been displayed on that Chart window.
HOT KEYS
Hot keys allow you to program specific keyboard strokes to execute predetermined commands, such as Buy Isld Bid, Load Position, etc.
Configuring Hot Keys
Go to Config on the Tool Bar. Select Hot Key. The Hot Key Configure window opens. In the command column is a list of available commands. In the Hot Key column, next to the selected command, hold down the actual keys you want to assign to that command. For instance, left click the field next to Buy Button. Hold down the Control key and the A key. Ctrl+A will appear. Check the box labeled Enable Hot Key. Click the Save button. Now, pressing the Control key and the A key simultaneously will have the same effect as using the mouse to click on the Trading window Buy button. To delete a Hot Key, left click on
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the Hot Key, highlighting it, and click the Delete button. To delete all Hot Keys, Click on the top of the Hot Key column, highlighting the entire column, and click the Delete button.
Hot Key Commands

Most Hot Key commands are self-explanatory. Following is some clarification. Level II Plus Shave Adds $.001 to the best Level II Bid. Level II Minus Shave Cuts $.001 from the best Level II Ask. All Plus commands add $.001 to the best Level II Bid. All Minus commands cut $.001 from the best Level II Ask. Preferred Route Switch By default, the End key toggles between your preferred routes, which are configurable. (See Lower Section of the Trading Window). Additionally, the End key function can be assigned to any Hot Key, using the Preferred Route Switch command. Cancel One Cancels the last order sent. Cancel by Symbol Cancels all open orders with the same symbol as the last order sent. Cancel All - Cancels all open orders.
ALERT AND TRIGGER
Alerts allow you to define parameters, that when met, will trigger a visual and/or audible alert. Additionally, the alert can be set to trigger a PreDefined order. Select Alert &Trigger from Tools on the toolbar.
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The Alert Config window opens. Edit Click on any previously configured alert, and then click Edit to change the parameters. (Or, double click on the row). Delete - Click on any previously configured alert, the click Delete to remove it. Turn Off Sound Click to silence a triggered audible alert. Add - Click to add an alert. The Alert Item Edit window opens. Name If desired, type in a name for the alert. Secsym Enter the security symbol related to the alert, unless the alert is based on Time of day. Click Add. The Condition Edit window opens. Enter the desired conditions in the three fields. Click OK. Add Allows you to add multiple conditions on the same alert. Edit Click on any row then click Edit to adjust the parameters. (Or, double click on the row). Del - Click on any row then click Del to Delete that row. Fit sizes the columns to fit the data. Enable When checked the alert is enabled. Auto Delete When checked the alert will automatically be deleted once it has been triggered. Repeat When checked the alert will repeat daily or intraday, depending on the alert. Triggered When checked indicates that the alert has been triggered. Show Alert Window When checked will generate a pop up window when the alert is triggered. Sound When checked will generate an audible alert form your computer sound cards external speakers. Beep When checked will generate an audible alert from your computers internal speaker. Loop When checked will Loop the audible alert so that the sound is continuous, like an alarm. Browse Allows you to select a wave file of your choice to replace the default sound. Preview Allows you to preview selected audible alerts. Send Order When checked will trigger specific PreDefined orders. Browse Opens the Select PreDefined Order window. PreDefined orders or Groups (Baskets) may be selected for triggering when Alert parameters are met.
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Turn Off Sound Click to silence a currently triggered audible alert. Reset Click to reset a triggered alert. (Same as unchecking the Triggered box). OK Click to save your settings. Cancel Click to cancel your changes.
PREDEFINED ORDER
PreDefined orders may be used independently or in conjunction with alerts. Go to Tools on the tool bar and select PreDefined Order. Size and position the window as you like. Size and position of the window will be stored in memory. Adding a PreDefined Order Right click and select Add from the menu. (Or double left click anywhere in the window). The PreDefined Order Edit window opens. Name If desired, enter a name for the order. Group If Order Groups (Baskets) have been designated (See Below), orders are assigned to a Group here. Account Select the appropriate account from the drop down menu. Action Indicate whether the order is to BUY, SELL or SHORT. Symb Enter the security symbol. Share Enter the share size or select Position, to Sell the entire position. Price Enter the price in decimals. Example: 23.95, or select a price related to the Bid or Ask when the order is triggered. Ask+ and Bid+. When selected, sends the order at the Level I Bid or Ask. To send an order related to the Level I Bid or Ask, enter an amount after the + sign. Or, change the + sign to a sign and enter an amount. Examples follow: Ask+.01 sends an order .01 above the Ask. Ask-.02 sends an order .02 below the Ask. Bid+.01 sends an order .01 above the Bid. Bid-.02 sends an order .02 below the Bid. When no value is entered following the default Bid+ or Ask+, the order is sent at the
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Ask or at the Bid. Route Select the appropriate route for the PreDefined order. Enable When checked the order is ready to be triggered. Auto Delete When checked the order will automatically be deleted after it has been triggered. Triggered When checked indicates the order has already been triggered. OK Click to save your settings.
Additional Functions
Select PreDefined Order from the tool bar and Right Click anywhere on the window. The following options are displayed. Trigger Right click on a specific PreDefined order and select Trigger to trigger that order. Trigger All Right click anywhere on the window and select Trigger All to trigger ALL displayed orders. Add Select Add to add a new PreDefined Order. Edit Right click on a PreDefined Order to edit that order. Delete - Right click on a PreDefined Order to delete that order. Filter Right click anywhere on the window and select Filter. The PreDefined Order Filter window opens. Enter the parameters you wish to filter by. For example, multiple PreDefined Order windows could be opened, with each window filtered by a different Group: TECH Group in one window; RETAIL Group in another window, etc. Group Manager Right click anywhere on the PreDefined Order window and select Group Manager. In the Group Name field enter a name for the Group you wish to add. Click Add to add that Group to the list. Modify To change the name of a Group, right click on the Group name and then change. Click Modify to save the change. Delete To delete a group, left click on the Group name and click Delete.
STOP ORDERS
Depending on the services offered by your broker, various Stop Order routing may be available to you. An S following the route designates stop orders. For example: DOTS,
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GNETS etc. Call your broker to discuss Stop order options. Bring up a security in which a position is held on a Trading Window. Select the appropriate route designated for Stop orders. If you are Long the position, click the Sell button. If you are Short the position, click the Buy button. The Stop Order window opens. Type Select Limit or Market. Trailing stops are not yet available. Limit For a Stop Limit order two prices must be entered. Trigger Price This is the price that triggers the stop order. Limit Price This is the price beyond which your order will not execute. For a Sell order, set the Limit Price below the Trigger Price. For a Buy order, set the Limit Price above the Trigger Price. Market For a Market Stop only one price is entered. Click OK to Enter the Stop Order.
MISCELLANEOUS FEATURES
OverNight Buying Power Check
Go to Trade on the toolbar. Select More, then Overnight Buying Power Check. If any new position(s) you opened today exceeds your ONBP, a pop up message will alert you. (There is also an alert on your Account Manager, Account tab. The OverNight BP field turns red. See the Account Manager section in Three Essential Windows).
Exporting Trades to Excel

On Trade Manager / Trades, highlight the trades to be exported. Press Ctrl + C to copy. On an open Excel spreadsheet, press Ctrl +V to paste.
NASDAQ TRADING: ECNS AND MARKET MAKERS

ECNs (Electronic Communication Networks)
ORDER MATCHING ECNs are designated on the Trading window with a pound sign following the symbol. For example, BRUT#. There are two ways we connect with ECNs: direct or through SelectNet. Either way, to trade with an ECN, left mouse click on the ECN symbol. An order to that ECN will be set up on the Trading window. Click the BUY button to buy at the ask. Click the SELL button to sell at the bid. If the shares are available, your order will match with an immediate execution. If our connection to the ECN is via SelectNet, and you do not get the shares for any reason, a Time Out message will be generated on the Blue message bar and your Log. This means your order, or the unexecuted portion of it, is canceled.
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If our connection to the ECN is Direct, and you do not get the shares for any reason, your order, or the unexecuted portion of your order, will be posted to that ECNs Book.
POSTING ORDERS ON AN ECN BOOK If our connection to an ECN is Direct, you have the option of posting your order on that ECNs Book, in addition to matching orders that you see. Furthermore, ARCA (and REDI in the near future) will actively attempt to execute market orders and marketable limit orders against other ECNs and market makers, if there is not an immediate match for your order on the ARCA or REDI books.
ASK YOUR BROKER ABOUT WHAT DIRECT CONNECTION ECNs AVAILABLE Direct Connection ECNs: ISLD, BRUT, ARCA, GNET ISLAND (ISLD) Any number of shares.
8:00 AM ET to 6:30 PM ET. Limit only. Island Book order matching. All open ISLD orders are canceled at 6:30 PM ET Island is one of the most dominant ECNs in todays market. Island matches buyers and sellers. When an ISLD order is matched, execution is instantaneous. The program utilizes a direct connection to Island, providing order entry and execution as fast as todays technology allows. The default order for ISLD, and all limit orders is no price in the price box, but at the ask, sell at the bid. ISLAND BOOK Represents all the Bids and Asks in the Island system. The symbol ISB, in the MMID column of the Trading window Level 2 montage, represents the Island Book quotes.NOTE: The Island Book (ISB) matches ISLD orders with other ISLD orders only. Matching Orders On Island Like all ECNs, Island is an order matching system. If you enter an order that matches an ISB quote you see, your order may be instantly filled, up to the number of available shares displayed. Match any ISB Ask with an ISLD Buy order, and up to the number of displayed shares may be yours instantly. Match any ISB Bid with an ISLD Sell order, and up to the number of displayed shares may be yours instantly. However, other traders could beat you to it, if shares are in high demand. Shares on Island are available on a first come, first served basis.
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Posting Orders On Island In addition to matching orders you see on the Island Book, you can Post your own BID or ASK on the Island Book for all to see. The same procedure is used for matching orders and posting orders, on Island. If shares are available at your price or better, your order may receive an immediate match. If some shares of your order are matched, but not all, the unmatched portion of your order will be posted on the Island Book. Your posted order will stay on the Island Book for the duration of the TIF set on the Trading window. All open orders will be cancelled at 6:30 PM ET.
Invisible Island Orders Invisible Island orders are available using ISLDN on the Route box dropdown menu.
These orders are not displayed on the Island Book or the Level 2 montage. Use ISLDN
when you do not want your order to be displayed. However, be aware that visible Island orders receive priority over invisible orders. Visible orders, at any given price, will be executed before invisible orders. IOC Island Orders Island offers two Immediate or Cancel (IOC) order options: AON and ANY. IOC/ANY- This order will execute ANY amount of your order, if shares are available, and immediately cancel any unexecuted shares. IOC/AON This order will either immediately be executed in FULL, or be immediately canceled if the total number of shares are not available.
BRUT Round lots only.

8:00 AM ET to 6:30 PM ET. Limit only. Brut Book order matching. BRUT only accepts round lot orders. A round lot is 100 shares or a multiple of 100. Orders not for round lots will be rejected. BRUT matches buyers and sellers. When a BRUT order is matched, execution is instantaneous. The program utilizes a direct connection to BRUT, providing order entry and execution as fast as todays technology allows. Unlike the Island Book, the BRUT book is not displayed on the Level II montage. However, NASDAQ displays the best bid and the best ask from the BRUT book on the Level II montage. If your order represents the best bid or the best ask on the BRUT book, you will see it on the Level II montage.
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BRUT is most useful for matching orders you see displayed on Level II. If you wish to post an order; Island (ISLD) may be your best bet. IOC BRUT Order BRUT offers one Immediate or Cancel (IOC) order option. IOC/ANY- This order will execute ANY amount of your order, if shares are available, and immediately cancel any unexecuted shares.
ARCA Any Number of shares. 8:00 AM ET to 6:30 PM ET. Limit orders. 9:30 AM ET to 4:00 PM ET Market orders. Limit orders entered between 8:00 a.m. and 4:01 p.m. are canceled at 4:02 p.m. ET. Limit Orders entered after 4:02 p.m. are canceled at 6:30 p.m. ET. Market Orders are canceled at 4:00 p.m. ET. ARCA Book order matching and SmartBook order routing. ARCAL Limit order ARCAM Market order Like BRUT, ARCA matches buyers and sellers on the ARCA book. When an ARCA order is matched, execution is instantaneous. The program utilizes a direct connection to ARCA, providing order entry and execution as fast as todays technology allows.
Also like BRUT, the ARCA book is not displayed on the Level II montage. However, NASDAQ displays the best bid and the best ask from the ARCA book on the Level II montage. If your order represents the best bid or the best ask on the ARCA book, you will see it on the Level II montage. The main advantage to using ARCA is its SmartBook order routing. ARCA utilizes a sophisticated
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execution algorithm to effectively route your order to the marketplace. Any marketable order that does not get matched on the ARCA book is sent into the marketplace in search of best price execution. ARCA is often an excellent choice, especially if the trader is inexperienced with direct access order selection. Give it a try. IOC ARCA Order ARCA offers one Immediate or Cancel (IOC) order option. IOC/ANY- This order will execute ANY amount of your order, if shares are available, and immediately cancel any unexecuted shares.
GNET Any number of shares 8:00 AM ET 4:00PM ET Limit, Market, Stop Limit, Stop Market. Orders entered before 9:30 AM ET will not be executed until 9:30 AM ET or later. GNET offers GNET BOOK order matching and also routes to Market Makers. GNETL Limit order GNETM - Market order GNETS Stop Order, Limit or Market Like BRUT and ARCA, GNET matches buyers and sellers on the GNET book. When a GNET order is matched, execution is instantaneous. The program utilizes a direct connection to GNET, providing order entry and execution as fast as todays technology allows. If a marketable order is not matched on the GNET book, the order will be passed on to market makers with whom GNET has agreements to execute orders. The process is similar to ARCA SmartBook order routing, but does not execute against other ECNs, all of which charge a premium. This is why Gnet is considerably less expensive than ARCA. Despite the economy of using GNET, it is still a very effective method of automatic execution. Also like BRUT and ARCA, the GNET book is not displayed on the Level II montage. However, NASDAQ displays the best bid and the best ask from the GNET book on the Level II montage. If your order represents the best bid or the best ask on the GNET book, you will see it on the Level II montage.
MARKET MAKERS SOES and SelectNet (SNET)

SOES
(9:00 AM ET to 4:00 PM ET. Limit or Market. Executes against Market Makers only)
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SOES is operational during regular market hours. SOES market orders may be entered at 8:00AM for execution at the market open (Not recommended). SOES executes at the NASDAQ inside market only. The Trading window title bar displays the NASDAQ inside market. (Level one, the inside market, and the best Bid / best Ask all mean the same thing). SOES never executes outside the market. SOES orders execute against Market Makers only, and only on NASDAQ National Market securities. These securities are designated with a Q on the Trading window in the upper right corner. SOES cannot execute against Island or other ECNs. Market Makers fill SOES orders on a first come, first served basis. SOES orders have a TIF (Time in Force) of 90 seconds that is not adjustable. Market Makers may fill only 100 shares of a SOES order. Partial executions are common. If only an ECN or ECNs are at the inside market, a SOES order will stay in the system for 90 seconds. If a Market Maker joins the ECN at the inside market, then the SOES order may be executed. If not, the order will be canceled after 90 seconds. Two SOES options are available on the Trading window Route Box dropdown menu. Use SOESL for limit orders and SOESM for market orders.
SOESL Sends a limit order at the current inside market. The NASDAQ inside market is displayed on the title bar of the Trading window. The default for SOESL (and all limit orders) is: The Price box is empty. Click the BUY button to buy at the current NASDAQ inside Ask. Click the SELL button to sell at the current NASDAQ inside Bid. SOESL orders are executable only at the inside market. Buy at the Ask, Sell at the Bid. SOESL orders to buy below the Ask or sell above the Bid will be rejected. SOESL orders to buy above the ASK or sell below the BID function like market orders, but never execute beyond the limit price. With SOESL as your default, when you call up a stock, or select SOESL from the Route Box dropdown menu, there is no price in the Price Box. Clicking the BUY or SELL button sends a Limit order at the current inside market (the quote on the Trading window title bar). BUY sends your order to buy at the current ASK price. SELL sends an order to sell at the current BID price.
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Since the SOESL default order (no price in the Price Box) always sends a limit order at the current market, if the market changes just before you click BUY or SELL, your order will be entered at the new current market price. To prevent this from happening, set a specific price. Left mouse click on a quote on the Level 2 montage that represents the inside market. Your selected price appears in the Price Box. SOESL BUY - the price must be at the Ask or higher. SOESL SELL - the price must be at the Bid or lower.
SOESM SOES market order. Click BUY or SELL to send a SOES market order. SOES Market orders will stay in the system for up to 90 seconds. In a moving market, a SOESM order will track the changing bid or ask and execute at the current inside market at the time of execution. When using SOESM (or any market order) in a rapidly moving market, it is common to get an execution significantly higher on a buy, or lower on a sell, than the price at the time the order was entered. Protect yourself and set a limit price. SOESL orders to buy above the ASK or sell below the BID function like market orders, but never execute beyond the limit price.
SelectNet (SNET) (8:00 AM ET to 6:30 PM ET. Limit only. Minimum Time in Force (TIF) for SNET is 3 minutes. SNET orders cannot be cancelled for the first 10 seconds after entering the order. To cancel, you must click the CXL button (or cancel from the Trade Manager window) after 10 seconds has elapsed. Trying to cancel within the 10 seconds will generate a CancelRej message on the Blue Message Bar. THE ORDER WILL NOT ACTUALLY CANCEL UNTIL YOU CLICK CXL AFTER THE 10 SECOND PERIOD. There are two types of SelectNet orders Preferenced and Broadcast. Broadcast SNET This type of SNET is visible to all Market Makers on any given security. ECNs do not see, and cannot execute broadcast SNET orders. Only Market Makers can see and execute broadcast SNET orders. Market Makers have no obligation to fill any broadcast SNET order. Market Makers execute broadcast SelectNets only if it is in their own interest to do so. One advantage of using broadcast SNET is that the whole marketplace does not see your order. Broadcast SNET orders do not appear on the Level 2 montage. For these reasons broadcast
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SNET orders may be less likely to move the market. The default for SNET (and all Limit orders) when you choose SNET from the Route Box dropdown menu is: the Price Box is empty. Clicking the BUY button sends a broadcast SelectNet to buy at the current NASDAQ inside Ask. Clicking SELL sends a broadcast SelectNet at the current NASDAQ inside Bid. Broadcast SNET orders may be entered at any price. Preferenced SNET Market Makers and ECNs This type of SNET is directed to one specific MarketMaker or ECN, to buy at his ASK or sell at his Bid. ECNs are designated with a # following the ID symbol (Ex: INCA#). The program utilizes direct connections to Island, Arca and Brut. Accessing other ECNs through SNET is accomplished exactly the same way just click on the ECN symbol. For NMS securities (designated by a Q in the upper right corner of the Trading Window) Snet preference to Market Makers must be for at least 100 shares more than the displayed size. This makes the order a non liability order. On NASDAQ Small Cap securities (designated by an S in the upper right corner of the Trading Window), it is not necessary to preference Market Makers for more shares than are displayed. There is a difference between Market Makers and ECNs when it comes to preferenced SNET. ECNs are order matching. When you preference an ECN on SNET, your order may be instantly executed if shares are still available. It works similarly to Island. Most ECNs (not ISLD) charge a per/share fee in addition to the ticket price. SNET is the only NASDAQ order that can be sent as AON, but only for Market Makers. All or None means that if the Market Maker fills the order, he must fill it completely. Canceling SNET SelectNet orders cannot be cancelled for the first 10 seconds. To cancel, you must click the CXL button (or cancel from the Trade Manager window) after 10 seconds has elapsed. Trying to cancel within the 10 seconds will generate a Cancel Reject message.
PREPARING TO ENTER AN ORDER

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As previously explained, there are three essential windows you must have open when trading. They are the Trading, AccountManager and TradeManager. On AccountManager, keep open the Position button and on Trade Manager keep open the Order button. In this way you can always see your open orders and open positions. Check your open orders and open positions frequently! Limit Order A limit price is specified on this type of order. If your order is executed, the price will not be higher on a Buy, or lower on a Sell, than your specified price. Limit orders are the safest way to enter an order, since they limit the possible price of the execution. Market Order A market order is entered without a specific price. It is an order to buy or sell at the current market price whatever that may be. In a rapidly moving market, it is common to get an execution significantly higher on a buy, or lower on a sell, than the price at the time the order was entered.
Global Default Order

Your software should have been installed with a default order for your Trading windows already set. Isld is the preset default order for all your Trading windows. To adjust your Global default order, go to Config on the toolbar. Select DefaultOrder from the dropdown menu. Global Default Order Configure window opens. Separate configurations for NASDAQ and NYSE/AMEX. The following parameters can be set: Share number of shares. Select from the dropdown menu or enter a number. Route Any route may be set as the default. AON/ANY ANY is the preset default. AON (All or None) is used for SelectNet (SNET) only. It you want your SNET order filled completely, or not or all, use AON. ISLD, and SOES orders are automatically sent as ANY. Time In Force (TIF) The default is 3 minutes. Minimum TIF for SNET is 3 minutes. TIF for SOES orders is 90 seconds and is not adjustable. ISLD orders can be set to any TIF. Account Your account number(s) are available on the dropdown menu. Select your main account for your default order. When done configuring your global default order, click OK. NOTE: Every time you type a symbol in the stock box on a Trading Window, and hit
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enter, you reset that window to the global default.
Local Default Order

If you use more than one Trading Window, this allows you to set individual defaults for each. This is useful if you regularly trade more than one account each Trading window can be set to default to a different account. Pull down the top of the Level II montage to expose the Config button. This button allows you to set a default order for individual Trading windows. Set the default orders and click OK. To override the individual default, check Use Global Default.
Go to Config on the Toolbar. Select OrderHandle. This window allows you to set controls and options for the Trading Window. Left click the little box to enable the desired function. Enable Send Order Confirm When you click Buy, Sell or Short, a pop up message will appear, asking you if you want to send the order. A good idea for beginners. Price Check Set a percentage and/or dollar amount. Orders priced beyond those parameters, compared to Level I (the inside market) will generate a pop up message warning that the price is outside the market. Add $.01 to Short Price on Down Arrow If an order is sent to Sell Short at the Bid, and there is a down (Red) arrow, instead of rejecting the order; one cent will be added to the price. Clear Price After Execution After an order is executed, the Price Box goes blank. Default To Position When Symbol Entered If you hold a position in a security, every time you enter a symbol in the Trading Window, the number of shares you own will automatically load in the Shares Box. Same as clicking the P button. Reset Default Shares After Execution - The Shares Box on the Trading Window will automatically reset to your default number of shares whenever your order is completely
Order Handle Control
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filled. In other words, if, during execution of your order, the number of open shares declines to zero, the Shares Box instantly resets. Constant Shares The number of shares in the Shares Box remains constant. It does not decline as the order is executed. Default Buy Bid, Sell Ask - Works like the R button on the Trading Window. When you check this box the default for all Trading Windows is reversed. Reset Default Route After Execution Upon complete execution of an order, the default route is reset.
ENTERING AN ORDER
Enter The Security Symbol
On the Trading window, type the security symbol in the Stock Box and hit enter. On the title bar of the Trading window you should see the security symbol, and the inside market. (Level one, the inside market, and the best Bid / best Ask all mean the same thing). It should look like this: DELL 20.25 20.30. In this example, the bid on Dell is 20.25 and the ask is 20.30 NOTE: Make sure the symbol you entered appears on the title bar. NOTE: Every time you type a symbol in the stock box on a trading window, and hit enter, you reset that window to the global default.
Set The Account Number

If you have only one account, and you have set your default order, your account number is automatically set on the Trading window. If you have multiple accounts, select the desired account from the dropdown menu on the Trading window. Always select the account after entering the security symbol. NOTE: Every time you enter a stock on a trading window the default order is reset.
Set The Number Of Shares

Your default order setting automatically loads the Shares Box on the Trading window, but you can designate any number you choose. There are three ways to do this: Use the forward / back arrows to the right of the Shares Box on the Trading window. Use the forward / back arrow keys on the keyboard. Type the number directly into the Shares Box.
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Set The Route

Use your default route, or select a route from the Route Box dropdown menu. Also, try
the End key on the keyboard.
Set The Price

With a limit type as your default route, when you call up a stock, there is no price in the Price Box. Clicking the BUY or SELL button sends a Limit order at the current inside market (the quote on the Trading window title bar). BUY sends your order to buy at the current ASK price. SELL sends an order to sell at the current BID price. To make sure your order is entered at the exact price you desire, you can enter your limit price in the Price Box. There are four ways to set a price. Left click on any Bid or Ask on the Level 2 montage. Use the arrows to the right of the Price Box on the Trading window. The left arrows change the price in $.10 increments while the right arrows change the price in $.01 increments. Left click on the appropriate arrow, hold down the left mouse button or use the mouse wheel. When the Price Box is blank, the price always starts at the ASK price. Use the up / down arrow keys on the keyboard to change the price in $.001 increments Type the price directly in the Price Box. NOTE: Every time you select a limit type order from the route box dropdown menu, the default for all limit orders is set. The default for all limit orders is: no price in the price box. Clicking buy sends a buy order at the current inside ask. Clicking sell sends a sell order at the current inside bid. NOTE: If you have a price set in the price box, and then select a limit order from the route box, your price will be erased and replaced with the default. You are now ready to enter an order.
You can use the following as a mini checklist prior to executing an order: The security symbol is displayed on the title bar of the Trading window. The account number is set. The number of shares is set. The route is set. The limit price is set. (Or blank for the limit default). For market orders, the price box is empty. Your Account Manager is open and set to Position. Your Trade Manager is open and set to Order.
Checklist Prior to Placing Order
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Click Buy or Sell

A message should appear on the Blue message line on the Trading window. For example, Accept Buy 100 DELL 25.25 ISLD - 10:30:01 . Check the Order window on TradeManager (Its already open, right?) You should see your open order there unless it was immediately executed. Check Position on Account Manager. (Its already open, right?) If your order is being executed, the position will appear here. Check Trade on Trade Manager. If the order is being executed, the executions will appear here. Check the number in the Shares Box. If your order is being executed, the number of shares will decline to reflect any remaining open or unexecuted shares in the Share Box. If the order was not completely executed, the number of unexecuted shares will be displayed. Check Log on Trade Manager for all the details of the order you entered. Or, click on the Blue Massage Line to see the Individual Trading Window log.
Partial Executions
Partial executions are part of trading NASDAQ securities. It occurs with listed securities also, but is most common for NASDAQ. As your order is executed, the number of shares on the Trading window Shares Box will decline to reflect outstanding open shares left on your order. Likewise, Order, on TradeManager will display current open shares in the open column. Messages will continue to be displayed on the Blue message line. REMEMBER: The Blue message line only displays one message at a time. Log, on Trade Manager, holds all messages very useful for reference. Also, the Trade button on Trade Manager will display all your executions as they occur. Additionally, your executions will be reflected on Account Manager Position. As you can see, there are many sources for confirmation of your trade executions, orders, and messages.
Canceling Orders
It is possible to cancel any order that has not yet been executed. However, some orders may be executed immediately after entry. If an order is partially executed it may be
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possible to cancel the open remainder. There are three ways to cancel an open order. Click the CXL button on the Trading window on which you sent the order. The CXL button will cancel the last order sent on that window. On TradeManager Order, left click on the X in the first column, labeled CXL. To cancel any or all open orders: On TradeManager - Order, Right click on the row containing the open order to be cancelled. The Cancel/Config window opens. The cancel options are: CancelOne Click to cancel only the order you selected. CancelAll Click to cancel all open orders. Cancel Secsym Click to cancel all open orders for the same symbol as the order, which you selected.
Covering A Position
Once you have entered an order and it is executed in part or in whole, the number of shares in the Shares Box on the Trading window will decline to reflect any remaining open or unexecuted shares. If the order was fully executed, 0 (the number zero) will be displayed in the Shares Box. If the order was not completely executed, the number of unexecuted shares will be displayed. At this point, the balance of the order could be still open, or could be cancelled. Check Order on Trade Manager to confirm the status of the order. The Qty (Quantity) column shows the total number of shares on the order you entered. The Open column shows any shares still open. If the order is not displayed on Order on Trade Manager, the unexecuted portion of the order has been cancelled. (Confirm this on your Log). In this case you would have to enter another order to attempt to complete the transaction. Simply clicking the BUY or SELL button again will send the same order you originally sent, but this time for the balance of the unexecuted shares. Make sure the order has been cancelled before you do this. Of course it may be necessary to adjust the price on the order to get an execution. IMPORTANT: YOU CANNOT ENTER TWO ORDERS TO SELL THE SAME POSITION. If you see the message Check Open Orders on the Blue Message Line when you enter an order to sell a position, you already have a sell order in the system. That order must be cancelled before another can be placed. So now you are ready to cover your position. With the security in question called up on
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the Trading window, click the P button on the Trading window. (Located above the
CXL button. This loads the Shares Box with the number of shares you hold (long or
short) in the security displayed on that Trading window. Short positions are designated with a minus sign following the number of shares. NOTE: To cover a Short position, use the BUY button.
NASDAQ TEST SYMBOLS

NASDAQ provides a number of test symbols. You may use these symbols to practice order entry, and to test your system. These are not real securities. All NASDAQ orders may be entered on these test symbols. Real executions are possible. However, Market Makers seldom bother to fill SelectNets on test symbols. Please use this NASDAQ service responsibly. The following is a list of NASDAQ test symbols: TEST TESTB TESTE TESTX ATEST
TICKET CHARGES
SOES, ISLD, SNET What is a Ticket? In most cases, a Ticket represents any and all executions that result from one order being entered. Regardless of how many partial executions result from one order being sent, only one ticket is generated. One Ticket = one commission. If your order is partially executed, and is cancelled by you, market conditions, or any reason, the partial execution(s) represent one ticket and one commission. If additional orders are entered and executed in part or in whole, additional tickets and commissions will be generated. Most ECNs (not Island) charge a per share fee for routing through them. These fees are added to the commission on that ticket.
NYSE and AMEX SECURITIES

DOT 9:30 AM ET to 4:00 PM ET. Limit or Market. ISLD 8:00 AM ET to 6:30 PM ET. Limit only.) ARCA 8:00 AM ET to 6:30 PM.
NOTE: Although regional quotes are shown, all orders are sent to NYSE and AMEX. Odd lots (orders for a number of shares that is not a multiple of 100) must go as ANY
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(not AON ). DOT orders on NYSE and AMEX trades, carry a charge of 1 cent per share in addition to the base commission charge.
DOT
Although DOT is an electronic method of routing orders to the NYSE and AMEX, a specialist on the exchange floor handles orders. Do not expect the instant order entry, execution, and confirmation afforded by NASDAQ systems. DOTL - Limit order Like all limit orders, the default is: The Price box is empty. Buy at the current inside market. (The quote on the Trading window title bar).
DOTM - Market order In a rapidly moving market, it is common to get an execution significantly higher on a buy, or lower on a sell, than the price at the time the order was entered. Protect yourself and set a limit price. DOTS - Stop order - Limit or Market
To cover a Long position, select DOTS and click SELL. The Stop Order window opens.
ISLD - Limit order

Now the Island Book is available on all NYSE and AMEX Securities as well. Certain popular securities (e.g. QQQ) have significant liquidity on Island, but as of this writing, there is little liquidity on the Island Book on many Listed stocks. Use ISLD to trade the Island Book in exactly the same way as described for NASDAQ securities. ARCA Limit or Market ARCA is one of the best ways to execute orders on Listed securities. First, the order checks the ARCA order book providing the possibility of an immediate match. If there is no immediate match, the order goes to DOT. ARCA costs less than a regular DOT order and increases your chances for an execution!
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Figure 1.0 LEVEL II

The Account Manager

Figure 2.2 ACCOUNT MANAGER

The Trade Manager

Figure 3.3 TRADE MANAGER

Figure 4.4 MARKETWATCH

Dynamic Level I Ticker

Figure 5.5 LEVEL I TICKER

ECN (Electronic Communication Networks) Books

Figure 6.6 ECN BOOK

Charts & Graphs

Figure 7.7 CHARTS

Figure 8.1 OPTION CHAINS with ORDER EXECUTION

Application Caption Bar

The Menu Bar

Figure 2. 2 THE MENU BAR

Figure 2. 3 SELECTING A WINDOW TO OPEN.

The Icon Bar

Figure 2. 4 THE ICON BAR

Trading Window (Top Order Execution Box)

Right Mouse Click in the top of the trading window.

Figure 2. 5 EXECUTION BOX CONFIG OPTIONS

Figure 2. 6 ROUTE CONFIGURATION DIALOG BOX

Figure 2. 7 ORDER CONFIGURATION DIALOG BOX

Trading Window (Bottom Quote Montage)

Quote Montage Configuration

Figure 2. 8 LEVEL II CONFIGURATION BOX

Account Manager Window

Figure 2. 9 ACCOUNT MANAGER BOX CONFIG OPTIONS

Account Manager Configuration

Figure 2. 10 ACCOUNT MANAGER CONFIG BOX

Trade Manager Window

Figure 2.10 TRADE MANAGER CONFIG BOX

Trade Manager Configuration

Figure 2.11 BEEPER FILE CONFIGURATION

Figure 2.12 ORDER MANAGER CONFIGURATION BOX

Market Minder Window

Figure 2.13 MARKET MINDER CONFIG OPTIONS

Market Minder Configuration

Figure 2.14 MARKET MINDER CONIGURATION BOX

Figure 2.15 OPTION CONFIGURATION SELECTIONS

Figure 2.16 OPTION CONFIGURATION BOX

Configuration Basics Chart Window

Figure 2.17 CHART RIGHT MOUSE CLICK CONFIG

F igure 2.18 DATA CONFIGURATION BOX

Figure 2.18 CHART RECTANGLE CONFIGURATION

Figure 2.19 RECTANGLE CONFIGURATION BOX

Figure 2.20 RECTANGLE VIEW CONFIG

Figure 2.21 RECTANGLE ZOOM CONFIG

Figure 2.22 RECTANGLE SETTING CONFIG

Figure 2.23 COLOR

Figure 2.24 CHART

Figure 2.25 LEFT MOUSE CLICK & HOLD INFO BOX

Figure 2.26 DOUBLE LEFT MOUSE CLICK CONFIG BOX

Figure 2.27 CHART STUDY SELECTION

Figure 2.28 SELECT CONFIG

Figure 2.28 SELECT PRICE STUDY & COLORS

Figure 2.29 SELECT VOLUME STUDY CONFIG

Figure 2.30 CHOOSE BAR, LINE, AREA DISPLAY & COLORS

Figure 2.31 MOVING AVERAGE CHART

MOVING AVERAGE CONFIG BOX