i fund traders futures platform guide by william cheung

99
Basic Futures Platform Guide

Upload: williamcheung

Post on 26-Jan-2015

125 views

Category:

Documents


2 download

DESCRIPTION

 

TRANSCRIPT

Page 1: I Fund Traders Futures Platform Guide By William Cheung

Basic Futures Platform Guide

Page 2: I Fund Traders Futures Platform Guide By William Cheung

Table of Contents

Copyright © 2012 iFundTraders 2

Platform Set Up 5

Downloading 6

Installing 8

Logging In 11

Default Layout 12

Basic Windows 15

Positions 16

Order Entry 20

Active Orders 24

Completed Orders 27

Chat and Research 30

Quotes 32

Account Summary 37

Charts 38

Chart Properties 40

Depth of Market (DOM) 41

Page 3: I Fund Traders Futures Platform Guide By William Cheung

Table of Contents

Copyright © 2012 iFundTraders 3

Initiating Basic Trades 44

Order Entry

Basic Order Entry 45

Modifying Pending Orders 47

Placing a Stop Limit Order on Open Positions 49

Placing Trailing Stops on Open Positions 52

DOM (Depth of Market)

Basic Order Entry 55

Modifying Pending Orders 57

Placing a Stop Limit Order on Open Positions 58

Placing Trailing Stops on Open Positions 60

Charts

Basic Order Entry 63

Modifying Pending Orders 66

Placing a Stop Limit Order on Open Positions 68

Placing Trailing Stops on Open Positions 71

Page 4: I Fund Traders Futures Platform Guide By William Cheung

Table of Contents

Copyright © 2012 iFundTraders 4

The Main Menu 74

File 75

Accounts 78

Orders 79

View 84

Tools 90

Reports 91

Help 94

Identifying Icons 96

Quotes 97

Charts 98

Page 5: I Fund Traders Futures Platform Guide By William Cheung

Platform Set Up

Page 6: I Fund Traders Futures Platform Guide By William Cheung

Downloading

Copyright © 2012 iFundTraders 6

If downloading the 14 day free demo of this platform, please fill out this form and an email with the download link and

your login credentials will be emailed to you.

Click the Submit Button once this form has been completed

Page 7: I Fund Traders Futures Platform Guide By William Cheung

Downloading

Copyright © 2012 iFundTraders 7

Click on this hyperlink to begin downloading the

platform.

Page 8: I Fund Traders Futures Platform Guide By William Cheung

Installing

Copyright © 2012 iFundTraders 8

Once the download of the set up files for the platform has

completed, you should have an icon on your desktop.

Double click on this icon to begin the installation process and follow

the steps as indicated

Page 9: I Fund Traders Futures Platform Guide By William Cheung

Installing

Copyright © 2012 iFundTraders 9

f

e

d

c

b

a

Select Typical

from the dropdown list,

then select Click the Next Button

Check these two boxes then click the Next

Button

Page 10: I Fund Traders Futures Platform Guide By William Cheung

Installing

Steps:

a) Welcome to the OEC Trader Demo Setup Wizard.

Click the Next Button

b) End User License Agreement

Click the Next Button

c) Select Components

Select Typical from the drop down menu (default) then click the Next Button.

d) Select Additional Tasks

Check the boxes Create a desktop icon and Create a Quick Launch icon, then click the Next Button.

e) Installing

Click the Next Button

f) Completed the OEC Trader Demo Setup Wizard

Check the box Launch OEC Trader Demo, then click Finish to launch the platform upon closing of this window

Copyright © 2012 iFundTraders 10

Page 11: I Fund Traders Futures Platform Guide By William Cheung

Logging In

Copyright © 2012 iFundTraders 11

Enter the Login Credentials provided to you from the email

Welcome Letter then Click Logon (please note that your

Login Credentials are case sensitive)

Page 12: I Fund Traders Futures Platform Guide By William Cheung

Default Layout

Copyright © 2012 iFundTraders 12

Page 13: I Fund Traders Futures Platform Guide By William Cheung

Default Layout

Copyright © 2012 iFundTraders 13

Please note the ability to draw upon additional resources after launching the platform, via the

hyperlinked View Menu and other links listed in this start up window.

Page 14: I Fund Traders Futures Platform Guide By William Cheung

Default Layout

Copyright © 2012 iFundTraders

This is the Default Layout which can

be used immediately. Layouts can be

created on your own or they can be

downloaded by clicking onto

View > Layout > Download Layout

from the main menu.

14

Page 15: I Fund Traders Futures Platform Guide By William Cheung

Basic Windows

Page 16: I Fund Traders Futures Platform Guide By William Cheung

Windows - Positions

Copyright © 2012 iFundTraders

a

b

c

d

e

f

g

h

w

m

l

k

j

i

v

u

t

s

r

q

p

o

n

16

The Positions window under the Account command displays information on the total number of trades for all asset classes. The position refers to the

amount of a contract either owned (which constitutes a long position) or borrowed (which constitutes a short position) by an individual or broker that is a

trade an investor currently holds open.

Positions is really an aggregate of both detailed and average positions. The summary level represents a summary position, which pulls in all of the

detailed activity for the position. If you expand a particular symbol you will notice all of the detailed activity contained underneath the summary.

The contents of this window can be easily expanded and contracted in one simple button click. You can find those functions in the context menu in this

window. Additionally, all of the columns can be sorted to assist you in finding the information you need quickly.

y

x

z

Page 17: I Fund Traders Futures Platform Guide By William Cheung

Windows - Positions

a) Account

The accounts which you are entitled to trade

b) Symbol

The securities which you have placed a trade

c) #Prev

The number of open contracts/trades carried over from prior trading session(s)

d) #Bought

The total number of contracts purchased

e) #Sold

The total number of contracts sold (or shorted)

f) Net Pos

The total number of open positions/contracts currently open (if in a short position, this value will be negative)

g) Avg. Buy Price

The average price of all long contracts/trades

h) Avg. Sell Price

The average price of all sold/short contracts/trades

Copyright © 2012 iFundTraders 17

Page 18: I Fund Traders Futures Platform Guide By William Cheung

Windows - Positions

i) Open P/L

The current profit or loss of the open position reflected base currency

j) Realized P/L

The current profit or loss of closed trade(s) reflected in base currency

k) Prev. Price

The price of the security held from the prior session.

l) Net Pos. Price

The average price of the total open position

m) $ Open P/L

The current profit or loss of the open position

n) $ Realized P/L

The current realized profit or loss of closed trades

o) Total P/L

The total profit or loss of all open and closed trades reflected in base currency

p) $ Total P/L

The total profit or loss of all open and closed trades

q) Initial Margin

The total amount of margin required for the current open position to be held overnight, as reflected in base currency.

Copyright © 2012 iFundTraders 18

Page 19: I Fund Traders Futures Platform Guide By William Cheung

Windows - Positions

r) $ Initial Margin

The total amount of margin required for the current open positions if to be held overnight.

s) Maintenance Margin

The minimum amount of margin required for the current open positions reflected in base currency (percentage of margin), otherwise a margin call will be triggered.

t) $ Maintenance Margin

The minimum amount of margin required for the current open positions (percentage of margin), otherwise a margin call will be triggered.

u) Total P/L Points

The total number of points gained or lost on the specific contract.

v) Total P/L Ticks

The total number of ticks gained or lost on the specific contract.

w) Time

The time that the most recent of the current position was filled.

x) Exit (MKT)

Exit and close the currently highlighted open trade at market

y) Exit All (MKT)

Exit and close all open trades at market

z) Exit AT LMT

Loads the selected trade into the Order Entry window to adjust the specified exit limit price.

Copyright © 2012 iFundTraders 19

Page 20: I Fund Traders Futures Platform Guide By William Cheung

Windows – Order Entry

Copyright © 2012 iFundTraders 20

b

h

q

r

s

l

k

j

i

m

n

o

p

t

u

e

d

c

g

f

m

i

a

Page 21: I Fund Traders Futures Platform Guide By William Cheung

Windows – Order Entry

a) Asset

The instrument of which the trade will be placed.

b) Type

The type of order that will be placed (ie. Standard, OSO, OCO, Complex).

c) Side

To initiate either a Buy or a Sell (Short).

d) Quantity

The number of contracts that will be initiated in the order.

e) Lookup

Quick access to search for the security/symbol that will be traded.

f) Options

Quick access to search the Options chain to view activity or trade.

g) Order Specs: Type

The type of order to be placed (ie. Market, Limit, Stop, Stop Limit, Market If Touched, Market On Open, Market On Close, Trailing Stop Loss, Trailing Stop Limit, Iceberg)

h) Order Specs: Flag

Duration of the order to remain active (ie. Day, GTC, FOK, IOC)

Copyright © 2012 iFundTraders 21

Page 22: I Fund Traders Futures Platform Guide By William Cheung

Windows – Order Entry

i) Transmit

Sending the configured order parameter to the market for execution.

j) B-LMT

To send a pending buy order to the market to be filled at the specified price.

k) B-MKT

To enter a long trade immediately, regardless of price.

l) Modify

To modify the entry parameters of a pending order that has been loaded into the Order Entry window by double clicking on the order in the Active Orders window.

m) New Order

To clear all fields in the Order Entry window in preparation to place new values.

n) S-LMT

To send a pending sell order to the market to be filled at the specified price.

o) S-MKT

To enter a short trade immediately, regardless of price.

p) Cancel

To cancel an existing pending order that has been loaded into the Order Entry window by double clicking on the order in the Active Orders window.

Copyright © 2012 iFundTraders 22

Page 23: I Fund Traders Futures Platform Guide By William Cheung

Windows – Order Entry

q) Execution Time: Release

Designation of when an order will be routed to the market.

r) Execution Time: Cancel:

Designation of when the order will be cancelled.

s) Template

To load an existing or previously saved trading parameters.

t) Save

To save the existing parameters so that it can be quickly loaded into the Order Entry window.

u) Delete

To delete an existing or previously saved template.

Copyright © 2012 iFundTraders 23

Page 24: I Fund Traders Futures Platform Guide By William Cheung

Window – Active Orders

Copyright © 2012 iFundTraders

g

f

e

d

c

b

a

l

k

i

j

h

n

m

24

Page 25: I Fund Traders Futures Platform Guide By William Cheung

Window – Active Orders

a) Account

The account which the pending trade has been initiated.

b) Order #

Order ticket tracking number.

c) State

The status of the active order.

d) Avg. Price

The average price of the partially filled pending orders.

e) Side

The side of the trade taken, either long or short.

f) Qty

The number of contracts filled of the entire order size.

g) Symbol

The symbol of the pending contract order .

h) Price

The entry price of the limit/pending order.

i) Last Cmd

Order information in regards to any orders held or working

Copyright © 2012 iFundTraders 25

Page 26: I Fund Traders Futures Platform Guide By William Cheung

Window – Active Orders

j) Comments

Any type of information pertaining to this trade

k) Time

The posted time which the pending order was sent to market.

l) Cancel

Quick access to cancel the currently highlighted order.

m) Cancel All

Quick access to cancel all pending orders.

n) Find

Searching for a previously entered pending order by order ticket number.

Copyright © 2012 iFundTraders 26

Page 27: I Fund Traders Futures Platform Guide By William Cheung

Window – Completed Orders

Copyright © 2012 iFundTraders

f

g

h

i

j

k

l

m

c

d

e

a

b

p

o

n

27

Page 28: I Fund Traders Futures Platform Guide By William Cheung

Window – Completed Orders

a) Account

The account which the completed order was taken

b) Order #

The order ticket number of the order placed

c) State

The status of the completed order

d) Side

The side of the completed order (ie. Buy or Sell)

e) Qty

The total number of contract(s) filled of the total order

f) Symbol

The symbol of the completed order

g) Avg.Price

The average price of the filled completed orders

h) Completed Time

The time that the most recent order was completed or cancelled.

Copyright © 2012 iFundTraders 28

Page 29: I Fund Traders Futures Platform Guide By William Cheung

Window – Completed Orders

i) Price

The price which the most recent order was executed, either at MKT or the LMT with the price

j) Last.Cmd

Auto generated notes clarifying the order or error which may have taken place.

k) Comments

Comments generated by the server pertaining to the order.

l) Time

The time which the order was accepted for processing.

m) Fill Time

The time which the order was filled.

n) Find

Searching and sorting completed orders by order ticket number.

o) Cancelled

Display or hide Cancelled orders

p) Rejected

Display or hide Rejected orders

Copyright © 2012 iFundTraders 29

Page 30: I Fund Traders Futures Platform Guide By William Cheung

Window – Chat and Research

Copyright © 2012 iFundTraders

a

b

c

30

Page 31: I Fund Traders Futures Platform Guide By William Cheung

Window – Chat and Research

a) Research tab

Brokerage messages sent to platforms

b) Chat tab

Brokerage support and helps desk via platform chat window tab.

c) Chris M

The current representative who is serving the platform chant community (click on the name in this field of the representative which you’d like to communicate with then enter the text)

Copyright © 2012 iFundTraders 31

Page 32: I Fund Traders Futures Platform Guide By William Cheung

Window - Quotes

Copyright © 2012 iFundTraders 32

Page 33: I Fund Traders Futures Platform Guide By William Cheung

Window - Quotes

Copyright © 2012 iFundTraders 33

Symbol

The symbol of the security.

Last

The most recent filled price.

Chg

Amount the security has changed from the opening of the session.

BidSize

The number of contract currently on the inside bid.

Bid

The current inside bid price.

Ask

The current inside ask price.

AskSize

The number of contracts currently on the inside ask.

High

The current high established during the current trading session.

Low

The current low established during the current trading session.

Page 34: I Fund Traders Futures Platform Guide By William Cheung

Window - Quotes

Copyright © 2012 iFundTraders 34

Chg%

The percentage of change of the security from the open of the current session.

LastVol

The most recent volume or number of contracts traded.

TotalVol

The current number of contracts traded in the current session.

Open

The opening session price of the contract.

Settle

Updated

The last time the contract data was updated.

Base Contract

The underlying security of the contract being traded.

Expires

The contract expiry date of the security.

Description

A brief description of the security.

Page 35: I Fund Traders Futures Platform Guide By William Cheung

Window - Quotes

Copyright © 2012 iFundTraders 35

Currency

The base currency which the security trades in.

Exchange

The exchange where the security is traded.

Group

The classification of the security.

Type

The type of trading environment which the security is exposed to.

Start Time

The next start time which the security can be traded

Stop Time

The most current time which the security has stopped trading.

Tick Size

The value of each move of the security.

Per Point

The dollar value of each point move.

Initial Margin

The amount of margin required in reserve to enter a trade of the specified contract.

Page 36: I Fund Traders Futures Platform Guide By William Cheung

Window - Quotes

Copyright © 2012 iFundTraders 36

Maintenance Margin

The minimum level of margin a percentage of the total market value of the contracts.

USD Pip Value

The value of each pip as it pertains to currency pairs.

$ Margin Required

The amount of margin required to trade a currency pair.

Expiration Time

The time which the contact term expires on the set date.

Page 37: I Fund Traders Futures Platform Guide By William Cheung

Window – Account Summary

Copyright © 2012 iFundTraders 37

d

c

a

b

e

a) DEMO927936

Your Account

b) Open P/L

Profit or Loss of open positions.

c) Realized P/L

Profit or Loss of closed positions.

d) Total P/L

Total equity of account.

e) Net Liq

Current accessible amount which can be utilized.

Page 38: I Fund Traders Futures Platform Guide By William Cheung

Window - Charts

Copyright © 2012 iFundTraders 38

e

d

c

b

a

Page 39: I Fund Traders Futures Platform Guide By William Cheung

Window - Charts

Copyright © 2012 iFundTraders 39

a) Title Bar

Shows the current chart being displayed

b) Quick Access Tool Bar Menu

Tools which will allow you to change the current appearance of the chart.

c) Quick Access Drawing Tools Menu

Tools which will allow you to add a variety of drawings to the chart.

d) Tabbed Charts

Quick access to charts of different timeframes or securities.

e) Chart Properties

The ability to change the properties of the current chart .

Page 40: I Fund Traders Futures Platform Guide By William Cheung

Window - Charts

Copyright © 2012 iFundTraders 40

The chart properties can be customized by clicking onto the

Profiles button and personalizing the each of the fields.

This also includes other areas of visual representation within a

chart, by selecting the appropriate category from the dropdown tab.

Page 41: I Fund Traders Futures Platform Guide By William Cheung

Window – Depth of Market

Copyright © 2012 iFundTraders 41

a

b

c

d

e

f

g

h

i

j

k

l

m

o

n

n

p

q

r

Red broken line marks the

session high

Green broken line marks

the session low

Page 42: I Fund Traders Futures Platform Guide By William Cheung

Window – Depth of Market

a) Title Bar

Indicates the current symbol loaded and ready to trade in the DOM.

b) Quick Access Tool Bar

Quick access buttons to perform special order types and other functions.

c) Qty

The default quantity for orders placed.

d) Total P/L

Current profit or loss for open trade.

e) Pos

Current open positions with average price of total position.

f) Exit at Mkt & Cxl

Closes current position and cancels all pending orders.

g) Reverse & Cxl

Reverses the current position and cancels all pending orders.

h) Cancel Bids

Cancels all pending bid orders.

i) Cancel All

Cancels all pending orders.

Copyright © 2012 iFundTraders 42

Page 43: I Fund Traders Futures Platform Guide By William Cheung

Window – Depth of Market

j) Cancel Offers

Cancels all orders placed on the offer.

k) Buy Mkt

Buy at market.

l) Go to Last

Centres the currently traded price into the middle of the window.

m) Sell Mkt

Sell or short at market.

n) Pending orders

The number of contracts which are pending execution.

o) Bid contracts

The current number contracts currently on the bid at the specified price.

p) Ask contracts

The current number of contracts currently on the ask at the specified price.

q) Bid/Ask

The current bid price (green) and ask price (red). N.B. The last price value will be in bold.

r) Filled Contracts

Displays the number of contracts filled at the current moment

Copyright © 2012 iFundTraders 43

Page 44: I Fund Traders Futures Platform Guide By William Cheung

Initiating Basic Trades

Page 45: I Fund Traders Futures Platform Guide By William Cheung

Trading with Order Entry

Copyright © 2012 iFundTraders 45

Step 1: Select

the instrument

to be traded

Step 2: Select

the type of order

to initiate.

Step 3: Select

the side of the

trade which you

will initiate.

Step 4: Select

the number of

contacts you

wish to trade.

Step 5: Enter the symbol

of security you will trade.

Step 5a: If unsure of the

symbol click on this search

button.

Basic Order

Entry

Page 46: I Fund Traders Futures Platform Guide By William Cheung

Trading with Order Entry

Copyright © 2012 iFundTraders 46

Step 6: Select

the order type to

initiate the trade.

Step 7: Select

the fill criteria of

the order. Step 8: Select

the time which

the order will be

sent to the

market and/or

cancelled

(optional)

Step 9b: If entering with

a market order, simply

click B-MKT or S-MKT

Step 9a: If

trading with limit

orders, click

B-LMT or S-LMT

adjust price

accordingly, then

click Transmit.

Step 10: If

planning to

trade this

criteria in the

future, select

Save to reuse

this template

(optional)

Basic Order

Entry

Page 47: I Fund Traders Futures Platform Guide By William Cheung

Trading with Order Entry

Copyright © 2012 iFundTraders 47

Step 1: Double click the

pending order in the

Active Orders window

that will be modified.

Modifying

Pending Orders

Page 48: I Fund Traders Futures Platform Guide By William Cheung

Trading with Order Entry

Copyright © 2012 iFundTraders 48

Step 2: Modify the

relevant information in

the necessary fields

accordingly

Modifying

Pending Orders

Step 3: Once all the

changes have been

made, click on the

Modify button to

transmit the changes.

Page 49: I Fund Traders Futures Platform Guide By William Cheung

Trading with Order Entry

Copyright © 2012 iFundTraders 49

Step 1: After opening

the position, select the

correct side to place

the Stop Limit order.

Step 2: Enter the

number of contracts

which you will be

applying the Stop

Limit order

Step 3: Enter the

symbol of the

contract that the

Stop Limit order

will be applied to.

Placing a Stop

Limit Order on

Open Positions

Page 50: I Fund Traders Futures Platform Guide By William Cheung

Trading with Order Entry

Copyright © 2012 iFundTraders 50

Step 4: Select Stop

Limit from the

dropdown menu.

Step 5: Specify

the type/duration

of the Stop Limit

order from the

drop down menu.

Placing a Stop

Limit Order on

Open Positions

Page 51: I Fund Traders Futures Platform Guide By William Cheung

Trading with Order Entry

Copyright © 2012 iFundTraders 51

Step 6: Enter the

trigger price to initiate

the Stop Limit order

Step 8: Click the transmit button

to execute the order, once the

parameters have been verified.

Step 7: Enter the

limit price which

the Stop Limit is

intended to exit

your open trade.

Placing a Stop

Limit Order on

Open Positions

Page 52: I Fund Traders Futures Platform Guide By William Cheung

Trading with Order Entry

Copyright © 2012 iFundTraders 52

Step 1: After opening

the position, select the

correct side to place

the trailing stop.

Step 2: Enter the

number of contracts

which you will be

applying the trailing

stop.

Step 3: Enter the

symbol of the

contract that the

trailing stop will be

applied to.

Placing Trailing

Stops on Open

Positions

Page 53: I Fund Traders Futures Platform Guide By William Cheung

Trading with Order Entry

Copyright © 2012 iFundTraders 53

Step 4: Select Trailing

Stop Loss from the

dropdown menu.

Step 5: Specify

the type/duration

of the trailing stop

loss order from

the drop down

menu.

Placing Trailing

Stops on Open

Positions

Page 54: I Fund Traders Futures Platform Guide By William Cheung

Trading with Order Entry

Copyright © 2012 iFundTraders 54

Step 6: Enter the

initial price where the

Trailing Stop Loss will

commence.

Step 8: Click the transmit button

to execute the order, once the

parameters have been verified.

Step 7: Enter the

Delta or factor

which the trailing

stop price will

incorporate as a

part of the initial

trail.

Placing Trailing

Stops on Open

Positions

Page 55: I Fund Traders Futures Platform Guide By William Cheung

Trading with D.O.M. (Depth of Market)

Copyright © 2012 iFundTraders 55

Step 1: Select the

number of contracts to

initiate with each click

Step 2b: To place a

buy limit order, left

click on the green

column at the price to

execute, at or below

the current inside bid

price.

Step 2a: To place a

buy stop order, right

click on the green

column at the price to

execute, at or above

the current inside ask

price.

Basic Order

Entry

Page 56: I Fund Traders Futures Platform Guide By William Cheung

Trading with D.O.M. (Depth of Market)

Copyright © 2012 iFundTraders 56

Step 1: Select the

number of contracts to

initiate with each click

Step 2a: To place a

sell limit order, left

click on the red

column at the price to

execute, at or above

the current inside ask

price.

Step 2b: To place a

sell stop order, right

click on the red

column at the price to

execute, at or below

the current inside bid

price.

Basic Order

Entry

Page 57: I Fund Traders Futures Platform Guide By William Cheung

Trading with D.O.M. (Depth of Market)

Copyright © 2012 iFundTraders 57

To modify the

execution price of a

pending order, left

click and drag the

quantity of the pending

order to the new price.

To cancel the specific

order, right click the

quantity of the pending

order

To modify the quantity

of a pending order, left

click the current

pending order. The

quantity can then be

modified through the

side pop-up table.

5

5

Modifying Pending

Orders

Page 58: I Fund Traders Futures Platform Guide By William Cheung

Trading with D.O.M. (Depth of Market)

Copyright © 2012 iFundTraders 58

Step 1: Enter position

Step 2: Click on the

blue and white shield

icon

Placing a Stop

Limit Order on

Open Positions

Page 59: I Fund Traders Futures Platform Guide By William Cheung

Trading with D.O.M. (Depth of Market)

Copyright © 2012 iFundTraders 59

Step 3: Check the

box Stop Limit

Step 4: Right click in

the appropriate area

below the entry to set

your Stop Limit price.

Placing a Stop

Limit Order on

Open Positions

Page 60: I Fund Traders Futures Platform Guide By William Cheung

Trading with D.O.M. (Depth of Market)

Copyright © 2012 iFundTraders 60

Step 1: Enter position

Placing Trailing

Stops on Open

Positions Step 2: Click on the

blue and white shield

icon

Page 61: I Fund Traders Futures Platform Guide By William Cheung

Trading with D.O.M. (Depth of Market)

Copyright © 2012 iFundTraders 61

Step 3: Check the

box Trailing Stop

Placing Trailing

Stops on Open

Positions

Step 4: Use the

Up/Down arrows to

select the point factor

of the trailing stop

Page 62: I Fund Traders Futures Platform Guide By William Cheung

Trading with D.O.M. (Depth of Market)

Copyright © 2012 iFundTraders 62

Placing Trailing

Stops on Open

Positions

Step 5: Right click in

the red area below the

current price which is

below the entry point.

Page 63: I Fund Traders Futures Platform Guide By William Cheung

Trading with Charts

Copyright © 2012 iFundTraders 63

Step 1:

Click on the

mouse icon

to activate

the chart

trading

abilities

Basic Order

Entry

Page 64: I Fund Traders Futures Platform Guide By William Cheung

Trading with Charts

Copyright © 2012 iFundTraders 64

Step 2: Change the

contract quantity

accordingly

Step 3: Place the

mouse pointer over the

chart, in the appropriate

execution area.

Step 4a: If pointer is

above the current

trading price, the

options are to left click

to place a Buy Stop

order and right click to

place a Sell Limit order

Page 65: I Fund Traders Futures Platform Guide By William Cheung

Trading with Charts

Copyright © 2012 iFundTraders 65

Step 4b: If pointer is

below the current

trading price, the

options are to left click

to place a Buy Limit

order and right click to

place a Sell Stop order.

Page 66: I Fund Traders Futures Platform Guide By William Cheung

Trading with Charts

Copyright © 2012 iFundTraders 66

Modifying

Pending Orders

Once the pending

order has been

place, note the call-

out window which

allows you to modify

the pending order.

Page 67: I Fund Traders Futures Platform Guide By William Cheung

Trading with Charts

Copyright © 2012 iFundTraders 67

Modifying

Pending Orders

This is the number of

contracts which the current

pending order was created

with. To change this value,

click on this value. A

contract table will open for

you to modify the number of

contracts to change the

order to.

This is price on the chart

where the order was placed.

To modify the execution

price for the trade, click this

double arrow box and drag it

to the new price level. Clicking on this box, it will

cancel the pending order.

Clicking on this box, it will

cancel the pending order.

Page 68: I Fund Traders Futures Platform Guide By William Cheung

Trading with Charts

Copyright © 2012 iFundTraders 68

Step 1: After

entering a trade,

click on the Ext.

Options button.

Placing a Stop

Limit Order on

Open Positions

Page 69: I Fund Traders Futures Platform Guide By William Cheung

Trading with Charts

Copyright © 2012 iFundTraders 69

Step 2: In the pop up

window, check the box

Stop Limit

Step 3: Use the

Up/Down arrows

to change the

amount of the

factor.

Placing a Stop

Limit Order on

Open Positions

Page 70: I Fund Traders Futures Platform Guide By William Cheung

Trading with Charts

Copyright © 2012 iFundTraders 70

Note the current long

open position.

Step 4: Right

click the area of

the chart where

the Stop Limit

will be placed to

set the trailing

stop.

Placing a Stop

Limit Order on

Open Positions

Page 71: I Fund Traders Futures Platform Guide By William Cheung

Trading with Charts

Copyright © 2012 iFundTraders 71

Placing Trailing

Stops on Open

Positions

Step 1: After

entering a trade,

click on the Ext.

Options button to

open the pop-up

window

Page 72: I Fund Traders Futures Platform Guide By William Cheung

Trading with Charts

Copyright © 2012 iFundTraders 72

Placing Trailing

Stops on Open

Positions

Step 2: Check the

box Trailing Stop

Step 3: Use the

Up/Down arrows

to change the

amount of the

trail stop*

*N.B. The amount of the stop takes into consideration the range between the entry price to the current

price, plus the factor amount. Otherwise, if there is a one point spread between the entry price to the

current price, the 0.25 point is also added to the trail, making for a 1.25 point trail.

Page 73: I Fund Traders Futures Platform Guide By William Cheung

Trading with Charts

Copyright © 2012 iFundTraders 73

Placing Trailing

Stops on Open

Positions

Note the current long

open position.

Step 4: Right

click the area of

the chart where

the trailing stop

will be placed to

set the trailing

stop.

Page 74: I Fund Traders Futures Platform Guide By William Cheung

The Main Menu

Page 75: I Fund Traders Futures Platform Guide By William Cheung

Main Menu - File

Copyright © 2012 iFundTraders 75

Login to platform if currently logged out

Logout of platform if currently logged in

Opens new window (please see following pages)

Activates selected Plugins

Exports current platforms configured settings

Imports platform configured settings from another

source

Enables DDE (Dynamic Data Exchange), typically

with a spreadsheet such as Microsoft Excel.

Enables login to multiple instances of the same

platform to run on the same computer

Close out platform.

Page 76: I Fund Traders Futures Platform Guide By William Cheung

Main Menu - File

Copyright © 2012 iFundTraders 76

a

b

c

d

e

f

g

h

i

Page 77: I Fund Traders Futures Platform Guide By William Cheung

a) Charts…

Opens a new chart based on the symbol entered in the pop-up window.

b) Depth of Market…

Opens a DOM window based on the account and symbol entered in the pop-up window.

c) Historical Quotes

Opens a new Historical Quotes window. Enter the symbol in the pop-up window and click enter.

d) Option Chain

Opens a new Option Chain window. Enter the symbol in the pop up window to view the option chain of the underlying symbol.

e) Order Ticket…

Opens the option to select from multiple methods of the order entry window.

f) Quotes…

Opens a new quotes window or creates a new tab in the existing Quotes window.

g) Quote Detail

Opens a more detailed quote window of the symbol entered.

h) Regional BBO

Opens a new window of the National Best Bid and Offer.

i) Time and Sales

Opens new Time and Sales (aka ‘prints’) window of the chosen symbol.

Main Menu - File

Copyright © 2012 iFundTraders 77

Page 78: I Fund Traders Futures Platform Guide By William Cheung

Main Menu - Accounts

Copyright © 2012 iFundTraders 78

By default, the Positions option is selected showing all positions of all accounts.

Select the active account to place trades.

Select the trades and pending orders of the specific account as selected by this

option.

The ability to have the platform assist your risk management of your account.

A one-time action to enable trading of specific equity securities.

Page 79: I Fund Traders Futures Platform Guide By William Cheung

Main Menu - Orders

Copyright © 2012 iFundTraders 79

a

b

c

d

e

f

g

h

i

j

l

m

k

Page 80: I Fund Traders Futures Platform Guide By William Cheung

a) Standard

Resets the Order Entry window to basic single entries .

b) Turbo

Opens a new window to enable simultaneous multiple order execution which can be linked to a spreadsheet.

c) Rapid

Opens a new window to enable specific/conditional Order Entry criteria.

d) OCO

Resets the Order Entry window to enable a conditional ‘one filled order cancels the other order’.

e) OSO

Resets the Order Entry window to enable ‘one filled order sends the other order’.

f) Complex

Resets the Order Entry window to enable the multiple trading of the same symbol with different expiry dates.

g) OSM Order Entry

Order Staging Module enables special order types based on Iceberg, Improved Time Slice, Market Time Slice and Time Slice.

Main Menu - Orders

Copyright © 2012 iFundTraders 80

Page 81: I Fund Traders Futures Platform Guide By William Cheung

h) Order Defaults

Loads the Order Entry window to populate with pre-configured settings when the New Order button is clicked.

i) Clear After Submit

Enables/disables the resetting of the Order Entry window.

j) Confirmations

Enables/disables a pop up window which requires confirmation before orders/commands will be executed

k) Notifications

[See following pages].

l) Show Cancelled Orders

Enables all cancelled orders to be listed in the Completed Orders window.

m) Show Rejected Orders

Enables all rejected orders to be listed in the Completed Orders window.

Main Menu - Orders

Copyright © 2012 iFundTraders 81

Page 82: I Fund Traders Futures Platform Guide By William Cheung

Main Menu - Orders

Copyright © 2012 iFundTraders 82

Enables/disables a pop up

window which requires

confirmation before

orders/commands will be

executed

Page 83: I Fund Traders Futures Platform Guide By William Cheung

Main Menu - Orders

Copyright © 2012 iFundTraders 83

Enables/disables an alerts pop up window when a

fill has been executed.

Enables/disables an alerts pop up window if a

Modify or Cancel command has Failed

Enable/disable notification for Visible Orders Only

Page 84: I Fund Traders Futures Platform Guide By William Cheung

Main Menu - View

Copyright © 2012 iFundTraders 84

w

v

u

t

s

r

q

p

d

c

b

a

e

f

g

h

i

j

k

l

m

n

o

Page 85: I Fund Traders Futures Platform Guide By William Cheung

a) Lock Windows

Lock the windows to the platform backdrop (unlocking will enable for floating windows)

b) Show Tabs

Show/hide tabs of duplicate windows located below the default window.

c) Layout

Main Menu - View

Copyright © 2012 iFundTraders 85

Restores platform windows to the original default.

Closes out all open windows on current layout.

Loads the default platform layout for Equity and Option trading

Loads the default platform layout for Forex trading

Loads the default platform layout for Futures trading

Download additional default layouts from server

Save the current layout

Delete saved layouts

Import saved layouts from other sources

Export the saved layout to another location.

Page 86: I Fund Traders Futures Platform Guide By William Cheung

d) Positions

Opens a Positions window or activates currently opened Positions window.

e) Account Summary

Opens an Account Summary window or activates currently opened Accounts Summary window.

f) Active Orders

Opens an Active Orders window or activates currently opened Active Orders window.

g) Completed Orders

Opens a Completed Orders window or activates currently opened Completed Orders window.

h) Advanced Order Tickets

Main Menu - View

Copyright © 2012 iFundTraders 86

Opens a Rapid Order Entry window.

Opens a Turbo Order Entry window.

Opens single/multiple DOM windows.

Opens a Order Staging Module window.

Page 87: I Fund Traders Futures Platform Guide By William Cheung

i) Quotes

j) Depth of Market

Opens a new DOM window or activates the selected DOM from the current list.

k) Charts

l) Communications

Main Menu - View

Copyright © 2012 iFundTraders 87

Creates a new Quotes tab in the existing Quotes window

Activates the selected tab to show Quotes

Creates a new chart tab in the Chart window.

Activates the tab in the Chart window.

Activates the tab in the Chart window.

Extracts the Chart window from the platform and

tiles show all tabbed charts in one window.

Activates the Chat tab as the active window.

Activates the Research tab as the active window.

Page 88: I Fund Traders Futures Platform Guide By William Cheung

m) Custom Indicators

n) Deal Manager

Refers to Forex trading only; not pertinent to Futures trading.

o) Financial News

News headlines as reported by third party companies.

p) Financial News Browser

Opens a new browser to enable the searching for news headlines.

q) Historical Quotes

Opens a new window to retrieve Historical Quotes as per the symbol entered into the search field; also opens previously viewed historical quote windows opened.

Main Menu - View

Copyright © 2012 iFundTraders 88

Unfortunately, there is no

information in this area at this

time.

Page 89: I Fund Traders Futures Platform Guide By William Cheung

r) Option Chain

Open an Option Chain window of the underlying symbol or view previously opened Option Chain windows.

s) Order Entry

Activate the Order Entry window or create a new tab of the order entry window based on a previous order submitted.

t) Price Alerts

Open a new Price Alert window to notify once price meets the specified criteria.

u) Quote Details

This option is only available for equities and indices at this time.

v) Regional BBO

This option is only available for equities, options and indices at this time.

w) Time and Sales

This option is only available for equities, options and indices at this time.

Main Menu - View

Copyright © 2012 iFundTraders 89

Page 90: I Fund Traders Futures Platform Guide By William Cheung

Main Menu - Tools

Copyright © 2012 iFundTraders 90

Opens a new window to perform a symbol search.

Opens a new window to perform scheduled order

execution with pre-configured parameters.

Opens a the alerts settings configuration window

to modify sounds or files when triggered.

Opens a the alerts window for configuration.

Opens a new window that will allow all orders and

transactions copied and sent to an email address.

Opens a new window that enables trading of

stocks listed within indices

Opens a new window that list the most active

stocks, gainers and losers.

Opens a new window that list the current logins to

the account .

Opens a new window that lists/enables/disables

hotkey functionality.

Page 91: I Fund Traders Futures Platform Guide By William Cheung

Main Menu - Reports

Copyright © 2012 iFundTraders 91

Opens a new Equity Report s window

Displays Fills for the selected account in a new window

Displays the Activity for the selected account in a new

window

Displays the pending Orders for the selected account in a

new window

Displays the Rejected Orders for the selected account in a

new window

Displays the Cancelled Orders for the selected account in

a new window

Displays the Order Details for the selected trade in a new

window

Displays the details of executed Trades for the selected

account in a new window

Displays the detailed Open Orders for the selected

account in a new window

Page 92: I Fund Traders Futures Platform Guide By William Cheung

Main Menu - Reports

Copyright © 2012 iFundTraders 92

Opens a new window displaying the statistics of

the selected account.

Displays the Gross Profit and Loss of the selected

account

Opens a new window displaying the ticket

statistics of the selected account.

Displays the Daily Positions taken in the selected account

Page 93: I Fund Traders Futures Platform Guide By William Cheung

Main Menu - Reports

Copyright © 2012 iFundTraders 93

Opens a new window displaying the chat dialog

history with platform support/broker.

Opens a new window displaying announcements

sent from the broker to the platform users.

Displays the summary report of Forex account in a new

window.

Page 94: I Fund Traders Futures Platform Guide By William Cheung

Main Menu - Help

Copyright © 2012 iFundTraders 94

Opens a Quick Start window to access information and

direction to assist new users.

Opens the OEC Contact Us web page.

[See following pages].

Opens the OEC Hours of Trading web page

Opens the OEC web page to Contract Margins for the specific

securities

Opens the OEC web page to Contract Specs for the specific

contract/security

Opens the OEC web page to platform Users Guide

Opens the OEC Downloads web page to access complimentary

applications to the platform.

Opens a new pop up window for OEC to provide remote assistance.

Opens the OEC web page with platform updates and Release notes

Opens the OEC web page with the latest platform feature notes

Provides information relevant to the platform currently installed.

Opens the OEC web page to platform Glossary of Terms

Page 95: I Fund Traders Futures Platform Guide By William Cheung

Main Menu - Help

Copyright © 2012 iFundTraders 95

Opens a browser

window and plays the

specific training video

selected.

Page 96: I Fund Traders Futures Platform Guide By William Cheung

Identifying Icons

Page 97: I Fund Traders Futures Platform Guide By William Cheung

Identifying Icons - Quotes

Copyright © 2012 iFundTraders 97

Page 98: I Fund Traders Futures Platform Guide By William Cheung

Identifying Icons - Charts

Copyright © 2012 iFundTraders 98

Page 99: I Fund Traders Futures Platform Guide By William Cheung

Identifying Icons - Charts

Copyright © 2012 iFundTraders 99