Transcript Document

A Look at New Features in 7.7
CQG version 7.7 offers features to make trading
and market analysis more seamless.
New features include:
• Smart Order preferences plus two new order types: Trailing Limits
and Bracket Orders
• Trade routing through the Enhanced Quote SpreadSheet (EQSS)
• Net change histogram on the Quote SpreadSheet (QSS)
• New EQSS and QSS select current values dialog
• Time-based TradeFlow bars
• Improved add study dialog
• Metadata for exchange-traded spreads
• Communications toolbar
• E-mail settings
• Improved login window
• Updated toolbar preferences
• Saving, sending, and printing images
Smart Orders Preferences
Smart Orders have been added to the
Trading Preferences window for the
DOMTrader and the Order Ticket.
There are five Smart Order types:
• DOM-Triggered Stops
• Iceberg Limits
• Brackets
• Trailing
• Order-Cancels-Order (OCO)
This is the master symbol list for all
symbols for the five Smart Orders. You
can set the qualifications for each Smart
Order by symbol. Here, the DOM
quantity thresholds for the DOMTriggered Stop are set for EP.
The asterisk indicates the symbol is
used for another Smart Order, but is not
set up for DOM-Triggered Stops.
Enable or disable order confirmation
dialogs.
Key Benefit:
Easily set up the individual Smart
Order qualifications in the
preferences window.
Iceberg Order Preferences
An Iceberg Limit order breaks
up an order into increments and
only displays the number of
contracts set by the trader to be
displayed on the exchange’s
order book.
Turn on Iceberg Limit orders.
The amount of contracts
displayed can be set as a
specific quantity or a
percentage of the total size of
the order by symbol.
Enable confirmation window to
be displayed when you place an
Iceberg Limit order.
Key Benefit:
Set up Iceberg Limit orders by
symbol using the preferences
dialog.
Bracket Orders
A Bracket Order is a limit order that,
once filled, places a target order
and a stop loss order on an ordercancels-order (OCO) basis.
Bracket Orders must first be
enabled in the Bracket/Smart
Orders Preferences. Then, choose
Bracket Order from the “link” icon
pull down menu.
To place a Bracket Order:
1. Place the limit order.
2. Set the target and stop loss
orders by tick or dollar amount in
the confirmation window that opens.
3. Choose from stop, trailing stop,
and DOM-triggered stops.
If the Limit order is filled, the target
and stop loss orders are
automatically placed as OCOs.
Key Benefit:
Target and risk management orders are
automatically placed.
Bracket Orders Preferences
Turn on Bracket orders for
placing Bracket orders from the
DOMTrader and the Order
Ticket. Select the symbol and
set the parameters.
For the target price, select from:
•Limit
•Iceberg
•Trailing Limit
For the Stop Loss order, select:
•Stop
•DOM-Triggered Stop
•Stop Limit
Choose to enable the
confirmation window to open
when placing the Bracket order.
Key Benefit:
Target and risk management orders are
automatically placed.
Trailing Orders and Preferences
Trailing Limit and Trailing
Stop orders track the
market and adjust as the
market moves.
Select Trailing Limits and
Trailing Stop Orders from
the pull down menu.
Enable Trailing Stops and
Trailing Limits from the
Preferences Dialog.
For Trailing Limits, the
market can be defined as:
• Current bid on buys and
current offer on sells.
• Current offer on buys
and current bid on sells.
• Last trade.
Key Benefit:
Your limit or stop order is managed by the
CQG Gateway and automatically moves to
a new level faster than you could manually
adjust the order.
OCO Preferences
Order-Cancels-Orders allow you to
chain orders together. If one order is
filled, then the other chained orders
are cancelled.
Enable OCO orders for the
DOMTrader and the Order Ticket.
Key Benefit:
Trade with greater efficiency by using OCO
orders to manage open orders.
Enhanced Quote SpreadSheet Trading
Key Benefit:
Every cell is customizable, so you can
design specific quote displays with order
routing functionality.
The Enhanced Quote
SpreadSheet offers
the ultimate in utility.
Every cell is
customizable. Now,
order routing from the
EQSS is available.
Build elaborate quote
and order routing
displays to monitor
multiple markets and
manage different
positions.
Customizing the EQSS and QSS
Key Benefit:
Easily update and modify the fields
displayed in the EQSS or the
columns in the QSS.
The Enhanced Quote SpreadSheet Select
Current Values dialog is now much easier to
use.
Select available field data and view the
explanation detailing the field.
Choices are now grouped for both the
Quote SpreadSheet and the Enhanced
Quote SpreadSheet.
Tooltips explain the column information.
Easily adjust the order of the columns.
Quote SpreadSheet Histograms
The Quote SpreadSheet has
colored net change histogram
bars providing a visual view
of which contracts are trading
up or down relative to a
group.
Here, the Eurodollar
contracts are shown from
February 2008 to June 2012.
The nearby contracts are up
and the deferred are down for
the session.
The highlighted Bid and Ask
buttons are for trading the
Eurodollars directly from the
Quote SpreadSheet.
Key Benefit:
Quickly determine the contracts that
are trading strong or weak compared
to the other contracts within a group.
Time-Based TradeFlow Bars
Time-based TradeFlow bars
use the same TradeFlow
concept of monitoring executed
volume at the bid versus the
ask price for color-coding and
width of the bar.
The green portion of the bar
represents the percentage of
volume traded at the ask price
(buying). The red portion
represents the percentage of
volume traded at the bid price
(selling).
The wider and brighter the
colors, the higher the volume of
trades.
Key Benefit:
Stay more informed as to other
traders’ actions using
TradeFlow based on time bars.
Improved Add Study Dialog
Right -click on the chart to add
studies. Now, as you type, the
list will display highlighted
letters of the studies matching
the text.
Set up the studies, choose to
overlay the study on the chart,
pick which data to apply the
study to, and add the study to
the Toolbar.
Key Benefit:
Improved “search studies” features
make adding studies to charts
easier.
MetaData for Exchange-Traded Spread Orders
Key Benefit:
More details of exchange-traded spreads
are listed in the chart title and the All
Contracts view.
Information detailing individual
native spread legs for the following
types of spreads is now available:
•Calendar
•Reversed Calendar
•Reduced Tick
•Butterfly
•Pack
•Bundle
•Condor
•Strip
The title bars will show the
individual symbols of each leg. The
All Contracts view displays a
description of the spread and
individual legs.
Communications Toolbar
Add Instant Messaging, Live
Chat for CQG Support, and
sending screen captures buttons
to your Toolbar.
Key Benefit:
Better manage spread trading
using details of your current
positions displayed in the Orders
& Positions window.
E-mail Settings
The E-Mail Settings tab on the CQG
Preferences window now includes fields to
fill in the following:
• E-Mail Server
• Server Port
• SMTP server username
• SMTP server mailbox
• SMTP server password
• Encrypted connection
• Default e-mail application settings
Key Benefit:
Set up your E-mail settings to send
images to fellow traders.
Updated Toolbar Preferences
Three choices for Toolbar
button styles are now available.
Color code the toolbar buttons
by groups, such as chart styles,
pointer tool, and studies.
Key Benefit:
Organize the toolbar buttons
grouped by colors for quick
management of your CQG
charts and other CQG
features.
Saving and Sending Images
Screen captures can be
saved to the clipboard to
be pasted into other
applications, such as
Microsoft Word, or sent as
an attachment in an e-mail
or an instant message.
Also, you can save the
image to your hard drive.
Key Benefit:
Analysts and traders can more
easily share screen captures
with fellow traders.
Printing Images
The print options,
accessed when you
right-click the Print
button, have been
simplified.
Key Benefit:
Printing images and pages has
been improved.
CQG, Inc.
CQG, Inc. is the industry’s highest-performing solution to integrate market
data, technical analysis, and trade routing. CQG’s data coverage includes
futures, options, fixed income, foreign exchange, and equities exchanges
worldwide as well as debt securities, reports, and indices. Founded in 1980,
CQG is headquartered in Denver with sales and support offices worldwide.
For more information, visit www.cqg.com.
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Disclaimer
Trading and investment carry a high level of risk, and CQG, Inc. does not
make any recommendations for buying or selling any financial instruments.
We offer educational information on ways to use our sophisticated CQG
trading tools, but it is up to our customers and other readers to make their
own trading and investment decisions, or to consult with a registered
investment advisor.
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CQG, DOMTrader, TFVol, and TFOBV are registered trademarks of CQG, Inc.