Preferences

Preferences

Orders Preferences

Use this tab to create default preferences for each order you enter using order entry widgets.

General

Preference Description
Floating order entry style Sets whether MD Trader or the Order Ticket opens as your default order entry method.
Close floating order entry widget after submission Click this checkbox to close floating order entry widgets after submitting orders. Click to enable/disable this preference. The default preference is enabled (checkbox is checked).
Retain last opened location Sets whether to open a floating order entry widget in the same location where it was closed per workspace window. Check the checkbox to retain the last opened location. By default, this setting is unchecked and the floating order entry opens in its default location.
Launch floating order book using: Sets how you launch the floating order book using your mouse or keypad. Click to select one of the following: Middle Click, Left Click, Hover.
Left click = aggressive Seeds the order ticket to lift the offer (Buy) or hit the bid (Sell) with a left-click.

Note: This preference affects only Order Tickets with the Enable broker mode preference checked.
Seed with market quantity

Sets the order quantity in floating order entry widgets. When this setting is enabled, clicking a Bid/Ask quantity in Market Grid or Spread Matrix seeds the order quantity with either the market quantity or your maximum order quantity, whichever is less. When disabled, clicking a Bid/Ask quantity seeds your default order quantity. This setting is enabled (checked) by default.

Seed zero if market quantity exceeds max quantity

Sets the order quantity in floating order entry widgets. Dependent on the Seed with market quantity setting. When "Seed with market quantity" is enabled and this setting is enabled (checked), TT sets the order quantity to "0" if the market quantity is greater than your maximum order quantity.

When "Seed with market quantity" is enabled and this setting is disabled (unchecked), TT seeds the order quantity with either the market quantity or your maximum order quantity, whichever is less. This is the default behavior.

Launch floating order book using: Sets how you launch the floating order book using your mouse or keypad. Click to select one of the following: Middle Click, Left Click, Hover.
Delete MD Trader orders with right mouse button Swaps the left and right mouse button functionality in MD Trader. By default, this setting is disabled, so clicking the left mouse button deletes the working order and dragging working orders with the right mouse button reprices the order. When this setting is enabled, clicking the right mouse button will delete a working order and dragging a working order with the left mouse button to a new level will reprice the order.
Enable Position in Queue (PIQ) Displays how many contracts are in front of your order at any given price. Click (check) the checkbox to enable and display PIQ values when the PIQ column is shown in MD Trader®. The Enable Position in Queue (PIQ) checkbox is unchecked (disabled) by default. If this preference is disabled when the PIQ column is shown in MD Trader, each cell in the column will be blank.

Note: Position In Queue values are estimated on non-CME markets.
Show Exchange Clearing Account edit box Allows you to show/hide the "Exch Acct" edit box in MD Trader and the Order Ticket. Use this field to enter an exchange clearing account that is routed to the exchange instead of the account selected in the account field. Check the checkbox to enable this setting.
Sticky accounts in order entry widgets Allows the same account to remain selected in order entry widgets after entering an order. The account also remains selected when changing instruments. For example, if you open a linked MD Trader from the Market Grid and change instruments by clicking through the grid, the account remains the same.
Show order entry compliance fields (For MiDFID II exchanges only) Displays a CDI dropdown in MD Trader and Order Ticket widgets that allows a trader to report whether a trade is reducing risk, also referred to as a hedging trade, overriding the default value defined in Setup at order entry time. It also adds the Invest Decision, Exec Decision, and Client ID text entry fields.
Show order profile dropdown Shows/hides the order profile dropdown selector in the Order Ticket and MD Trader. By default, this setting is unchecked and order profile selectors are hidden.

Note: If a user has only one order profile, this dropdown will not appear.
Reset to default upon submit Sets whether to reset order entry parameters, such as order type, quantity and time-in-force (TIF), to their default values after submitting an order through an MD Trader or Order Ticket. By default, this setting is unchecked, which means that the modified order entry parameters are retained after submitting an order.

Enabling the additional Retain order profile will keep the currently-selected profile after submitting the order and reset to the parameters defined for that profile.
Set Floating Order Book columns Sets the columns you want shown in the Floating Order Book.

Floating Order Book columns

Field Description
Delete (Cxl) Delete a single line (order)
Algo Launch an order management algo (OMA) for the order
Contract

The name and contract expiry for the instrument or strategy.

WrkQty

Total order quantity

Send Green check button appears when a change is made to the order quantity or price
Price

Price of the order or fill.

TrigPrc

Price at which to enter an order (Shown only when an order has an associated Trigger price, such as a TT Stop or TT If-Touched order)

TIF

Time In Force for the order.

Account

Account number associated with the transaction.

Type

Type of order associated with this transaction (e.g. Limit or Market).

Time

The workstation time the order or action was sent. In a shared order book, if users are in different time zones, the Time field will display in the local time of the initiated workstation and will not convert to the workstation times for users in other time zones.

For synthetic and algo orders, the Time field displays the local time based on where the Algo Server is located

CurrentUser

TT user name of the trader associated with the transaction

For users who share an order book, this column allows you to determine which user submitted each order. You can also sort the orders by this column.

Parent Order Name of the parent algo order
Mod Modify user-defined parameters for a parent algo order
Delete Parent

Type of order associated with this transaction (e.g. Limit or Market).

OrigTime

Time the order was originally submitted.

PIQ

Shows your position in queue (PIQ) for each of your orders at a given price level. The column is hidden by default. The PIQ value is displayed when you enable PIQ in your workspace preferences.

TextTT

Displays an optional, user-defined text value from the Setup app or entered in the TextTT free-form text field in the Order Ticket. The value displayed in this column remains on submitted orders for tracking purposes in the TT system, but is not routed to the exchange.

You can show or hide the Text TT text box for a selected working order in the Order Toolbar. You can add or modify the text that displays in the TextTT column for the selected order.

Note: For Autospreader orders submitted by an ADL algo, the value is populated with the order tag of the parent algo order.

Confirm

The preferences in this section allow you to enable order confirmations. All preferences are unchecked (disabled) by default.

Preference Description
Cancel all from Order Book Enables order confirmation for when you click "Cancel All" in the Order Book widget.
Cancel selected orders Enables order confirmation for when you cancel one or more selected orders.
Modifications to working orders Enables order confirmation for changes to working orders in the Order Book widget.
Submission of orders with qty greater than Enables order confirmation for orders that exceed the configured quantity. Double-click or use the up/down arrows in the text box to enter a quantity.