The Trade Registration window allows you to register manually executed trades. You open it by selecting Window > Trade Panel in the Main menu, or by right-clicking an Instrument in the Market View window then selecting New Trade Report in the context menu (the window opens pre-filled).
The Market Channels lamp to the right of the Instrument field summarizes the connection status for the public channels which feed the client with instrument data. For more information on this, refer to 3.2 above.
Should one or several channels experience problems, you may still be able to place an order in the market – it all depends on which channel(s) it is since different instruments use different channels.
Manual trades must be registered within a certain period of time according to the NGM Member Rules (refer to the Member Rules document to find out what the time period is). If you have reached an agreement with the market supervisors to register a trade older than this period, you can register an EGT trade (Exchange Granted Trade). See EGT in the table below.
Click the Send Request button to register the trade. A text will appear to the left of the button to notify you if the trade was accepted or rejected (red color) by the system. A rejected trade will also be exclaimed by an Information dialogue containing the reason for the rejection.
For internal trades, you can fill in data for the other leg as well, which means that internal trades do not need to be confirmed. Thus, if you register an internal trade, it will be executed immediately.
Field | Description | Comment |
---|---|---|
Instrument |
Instrument name |
Select an Instrument using the drop-down list. You can type the first letters of the Instrument you want to display and then select it from the list of matching options that will appear. |
My Side |
Buyer or seller |
|
Internal Trade |
Check this box if you are registering an Internal trade. |
|
Price |
Price |
Use Open the Properties window to find out an instrument’s Tick Size. To avoid any mistakes, an already entered price will be set to zero if you change Instrument. |
Volume |
Volume |
Use Open the Properties window to find out an instrument’s Round Lot. If the client does not know an instrument’s Round Lot, it will assume it is 1. |
EGT |
If you have reached an agreement with the market supervisors to register a trade older than what is allowed according to the Member Rules, check this box to register an EGT trade. This will activate the Date and Time fields, allowing you to specify the exact date and time of the trade. |
Manual trades must be registered within a certain period of time, which is specified in the NGM Member Rules. If this or any other rule regarding trade registration is broken, the NGM Market Surveillance must be contacted. EGT = Exchange Granted Trade |
Account |
Free text field used to specify an Account. |
Since it is a free text field, no system check is made to verify that the Account you specify actually exists. The Accounts tab in the Options dialogue (see 3.5 above) allows you to specify predefined accounts. Once created, predefined accounts are available in all Account fields throughout the application; start typing the first letter of a predefined Account and it will appear as a suggested Account that you can select. The field will, in addition to any predefined accounts, remember accounts that you have entered for any previously successfully submitted manual trades, and suggest these as well. Due to limitations in the FIX protocol, this field does not support special or local characters (such as åÅ, äÄ, öÖ). |
Client |
Yes = Client Account No = Non Client Account |
|
Group ID |
Trade Group ID |
Refer to 2.9 above for a description of the Trader Group name format. Until a valid value has been entered, the trade panel is locked to ensure that no invalid value can be entered. The status bar contains a specification of the format to use. |
Trader ID |
Free text field used to specify a Trader ID. Manual trades are sent on Trader Group level to your counterparty. So even if you specify a Trader ID for your counterparty, it will still be sent to the whole counterparty Trader Group. |
Your own log-in username is filled in by default. No trader IDs are registered in the system. Consequently, it is a free text field and no system check is made to verify that the ID exists. However, if all members in a Trader Group specify the same Trader ID, it will not be possible to separate them and their respective actions in the system. Therefore, it is suggested that you always use your given system log-in username as your Trader ID. Due to limitations in the FIX protocol, this field does not support special or local characters (such as åÅ, äÄ, öÖ). |
Use [Tab] to move between fields
Use arrow keys <up/down> on keyboard to increase/decrease values in fields displaying .
Use the <Space> key to check/uncheck check boxes.
In drop-down lists, type the first letter in the name you are looking for to filter the lists.
Use <Escape> to reset values or to close the dialogue.
Press <Ctrl+Enter> to send an order to the central system.
Refer to 3.5 for information on all available shortcuts in the Elasticia Trading Client.
A successfully submitted trade is displayed in the Outbox section of your Trades window, and in the Inbox section of your counterparty’s Trades window.
If your counterparty accepts the trade, the trade is made public in the market and also registered to your firm’s Trades window in the Confirmed section.
If your counterparty declines your trade or if it times out, you will be notified about this in the client status bar in lower right corner by a pop-up window displaying details about the decline, and by the symbol. The number, in this case “4”, indicates the number of declined trades. To display a list containing details about the declined trades, click the
symbol. To remove a declined trade from the list, click the corresponding
symbol. For information on how to accept a trade registered by your counterparty, refer to 4.5 below.