TRADE FOREX:  Trading Platform  
 
RESOURCES:

16. Order Management

The order management window is a summary view of all open orders. Orders within 10 pips of being executed are highlighted, allowing traders to easily track order status.

16. Order Management

Ref: Each order is assigned a reference number. Both sides of a 'One Cancels Other' (OCO) order will have the same number.

Buy/Sell: Order type based on the first currency in the pair.

Ccy Pair: The currency pair of the trade.

Deal Amount: The first currency value of your order.

Basis: Order type, i.e. Stop Loss (or Stop Entry), or Limit.

Order Rate: The trigger rate at which you want the trade executed.

Live Price: The current rate at which the trade could be executed.

Points Dif: The difference between the order rate and the live price.

Conf: The order confirmation number generated by the system upon placement of your order.

Expiry: The point at which the order becomes invalid, even if the market reaches your rate.

Currencies: Sort open orders by currency pair or show all orders.

Orders in listing: The number of orders posted in the category you have selected in the currency field.

New: Clicking "New" will take you to the order form to leave a new order.

Modify: Clicking "Modify" will allow you to change the rate and/or lot size of the order without having to cancel the order.

Cancel Order: In the order status window, highlight the order you wish to cancel by clicking on it with your mouse, and then click 'Cancel'.

Color Indicators

Yellow (Whole Row): Indicates the second leg of an OCO
Yellow (Live Price and Points Diff column): Indicates within 'n' number of points (default is 1)
Green (Live Price and Points Diff column): Indicates when an order rate has been passed through
Blue: Indicates that an order is filled

Saletlx User Guide
POS. NAME DESCRIPTION
1
DEALING BOXES One per currency pair; view real time bid/ask rates; click on the BUY or SELL to instantaneously execute a trade.
2
RATE COMPARISON Quick snapshot of current bid/ask, today's high/low, etc. - by currency pair.
3
POSITION MANAGEMENT Summary view of all open positions. Place, monitor, and cancel orders.
4
CHARTING Access the charting tool by clicking "Charting" tab.
5
ECONOMIC CALENDAR Weekly listing of upcoming economic reports, including date & time, country, forecast, previous and actual.
6
SYSTEM LOGIN / LOGOFF Access user configurable settings and logoff.
7
MARGIN ANALYSIS Information about margin, P&L and account balances.
8
NEWS 24-hour streaming news service from Thompson IFR provides actionable market news and analysis.
9
COMMENTARY Expert market analysis provided by our senior traders.
10
REPORTS Access to several ad hoc reports for data export or printing.
11
TOOLS FX trading tools.
12
ACTIVITY LOG Lists each action completed or attempted in your account.
13
DEAL BLOTTER Provides pertinent details on all open trades, as well as trades that have been closed out during the current trading day.
 EXECUTING A TRADE Auto Limit/Stop Orders
Squaring Your Position
Point and Shoot
Position Orders
LEAVING AN ORDER Sophisticated order entry
ORDER MANAGEMENT Edit / Cancel an order
MINIMIZE BUTTON State of the Art Technology
SYSTEM REQUIREMENTS Secure and robust Java-enabled dealing software
 
 
 

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