SILEXX OEMS Release Notes v1.2.0


Basket Trader

New Features - Reverse Sides and Modify Staged Orders

Bulk Order Editing Tool

Click "Modify Staged Orders" to open the bulk order edit window.
Applying any modification field in the edit window will change that field for all "Staged" orders in the Basket Trader Module. (Will not affect sent orders)

Bulk Order Side Reversal

Click the "Reverse Sides" button to change Buy to Sell and Sell to Buy for all orders in the Basket Trader module.

ATDL (Algorithmic Trading Definition Language) Panel

When a qualified Algo route is selected for an order, the ATDL Algo panel will automatically display to the right-hand side of the Basket Trader module. The parameters entered will apply for all orders marked with the Algo route.


Complex Order Ticket

New Layout

Clearing Instructions

To view the Clearing Panel, click the gear icon in the lower right of the Depth Tick window and select "Show Clearing Panel".

To enable, check the box next to "Enable". Clearing instructions are disabled by default.

When enabled, an indicator will display in the lower right of the ticket window stating "Clearing On".

Default clearing instructions can be setup in the settings module. See the "Settings Menu" section below for more details.

Net Delta

The total order delta (net per share delta X contract multiplier X number of contracts) is calculated and displayed in the "Delta" field.

Net Order Price

The total dollar debit/credit for the order is now displayed in a price field. This field will state either "Credit" or "Debit" accordingly.

Price Slider

The price slider bar allows you adjust the order price in increments between the natural pricing of the spread. When active (via clicking on the slider), you can adjust the price either with the mouse or the arrow keys on your keyboard.

The values displayed on the slider represent the natural pricing extremes of the order ("Lo" and "Hi").

Delta Input Field

The Delta input field will become visible when you have a complex ticket loaded with a stock/option combo order.

The Delta input field allows you to manually state a net Delta value for the option and when entered will adjust the stock leg's quantity value such that the Net Delta for the order becomes neutral.

Example:

Load a Buy/write

Enter a Net Delta (100*per share delta) for the option leg. The stock leg's quantity changes to create a Delta neutral order based on the Delta input.


Depth Ticket

Layout Changes

Clearing Instructions

To view the Clearing Panel, click the gear icon in the lower right of the Depth Tick window and select "Show Clearing Panel".

To enable, check the box next to "Enable". Clearing instructions are disabled by default.

When enabled, an indicator will display in the lower right of the ticket window stating "Clearing On".

Default clearing instructions can be setup in the settings module. See the "Settings Menu" section below for more details.

ATDL Panel

When a qualified Algo route is selected for an order, the ATDL Algo panel will automatically display to the right-hand side of the Basket Trader module.

Order Modifiers Panel

The order modifiers panel has been redesigned. To modify an order, follow these steps:

  1. Click the order to be modified
  2. Set the modification increment
  3. Click the arrows to modify the order accordingly. Click the Join Bid or Join Offer to modify the order price to match the current NBBO price.

Clickable Header for Aggregate Size and Price

Left clicking the Size Column header ("S:##") will now populate the Quantity and Price fields with the respective NBBO price and aggregate size for that side.


Exchange Alerts (Imbalance/Halts)

A new module has been added that shows the closing order imbalances and stock halts.

To access click Modules >> Exchange Alerts (Imbalances/Halts)

 


General Order Tickets

Order Tag

Comments ("tags") can now be added to orders using the "Tag" text entry field located in the ticket "Order Instructions" panel.


Settings Menu

Clearing and Order Settings have been added to the File>Settings window.

Clearing Settings

Default clearing instructions are setup on a per account basis. "Enabled" must be checked in order for the default clearing instructions to show in the "Clearing Panel" on the order tickets when the account is selected.

Select the account, check "Enable", then fill out the necessary clearing instructions.

Order Settings

Price Warnings - A warning box will pop up when a price on an order sent is outside the entered limits.

Trade Size Limits - Limits set a maximum amount of shares/contracts allowed per order. Attempting to place an order with a quantity above these user defined limits is not allowed and a box will appear noting the violation.

Trade Size Warnings - Warning values pop a box that asks for confirmation to send the order if the order quantity exceeds the user defined warning value.

Default Locate Code - You can now enter a default Locate code in the Order Ticket, Depth Ticket, and Complex Order Ticket settings

Default Quantity Arrow Increment Setting - you can now set the default order quantity increments