Placing Orders from Quote Windows

Right-click a quote cell and then click Place an Order. An order entry application will open according to your Symbol System Preferences.

You may also double-click a cell to open a trading application based on your Misc. System Settings.

Synthetic Spreads

You can enter a spread equation in a quote window to obtain bid/ask quote data for that spread. Only bid/ask quotes are displayed. Trades and traded volumes are not. Only the Enhanced Quote SpreadSheet does not support synthetic spreads.

Bid/ask quotes are displayed when the Value Preference in Quote Preferences is set to Quote.

The best ask is calculated as the difference between best asks of components from the buy perspective and the best bids of components from the sell perspective. The best bid is calculated as a difference between best bids of components from the buy perspective and best asks of components from the sell perspective.

For example, ENQ-EP:

ENQ              EP                 ENQ-EP
1639.25        1339.50        300.50
1639.00        1339.25        300.25
1638.75 A      1339.00 A      300.00 A
1638.50 B      1338.75 B      299.75
1638.25        1338.50        299.50 B
1638.00        1338.25        299.25

In addition to entering symbols for the spread, users can set multipliers that are used as order ratios for trading. Spread entries can also include a calculation mode, tick size, and trading ratio.

Implied Order Data

CQG displays combined quantities, which are the sum of outright and implied quantities. You can view implied quantities by adding Implied Ask, Volume Implied Ask, Implied Bid, Volume Implied Bid, Outright Ask, Volume Outright Ask, Outright Bid, Volume Outright Bid, Implied Volume Best Ask, Implied Volume Best Bid columns to your quote displays.

This data will be displayed if it is available from the exchange. Implied quantities are based on spread orders, while outright quantities are based on futures orders.