Split DOMTrader Components

Some Split DOMTrader components are optional and are displayed based on the preferences you have set up.

If the width of the Split DOMTrader is too narrow to display all of the possible buttons, an expand button is displayed. Click it to see the hidden buttons.

 

Split DOMTrader shares many components with the standard DOMTrader:

      Cancel buttons

      Compression button

      Gross Basis field

      Manual Fills button

      Options Model button

      Options Greek value

      Order duration menu

      RFQ button

      Special Orders button

      Speculation Type

      Spreader Components on Trading Applications

      Stop Management menu

      Symbol tabs

      Title bar

      Trailing Order Management menu

Buy and Sell buttons (Split DOMTrader)

The buy and sell buttons have two modes: market mode and selected price mode.

In market mode, both best ask and best bid prices are displayed. In this mode, buy and sell buttons are used to place market orders. When Split DOMTrader is first opened, it is in market mode.

Split DOMTrader moves from market mode to selected price mode when you move to a price on the DOM.

Right-click the opposite side DOM to return to market mode.

Click these buttons to place orders.

Buttons include an arrow that indicates whether the market (adjusted market price) is above or below the selected price. If the adjusted market price equals the selected price, no arrow is displayed.

In market mode, buy and sell buttons have a single pane:

This pane displays best bid or best ask. If either price is unavailable, then that button is disabled. If both prices are unavailable, last trade or settlement price is used. The number of price digits displayed is selected in price display preferences.

Best bid/ask volume is displayed below the price.

The circle in the bottom-right corner indicates that the last trade was a bid. On the opposite side, it would indicate an offer. (Last trade indicator)

Hover the mouse over a button, and the button is tri-paned: top, side, and bottom:

Side pane = order type

Top pane = buy or sell order with quantity, price, and best bid/ask volume

Bottom pane = sell or buy order with quantity, price, and best bid/ask volume

Move to a price, and one side is double-paned and the opposite side is tri-paned.

Session Countdown

The countdown indicates the time remaining until the current session closes. If the session is closed, then the countdown is not displayed.

You can hide this countdown.

O&P button

Click this button to open the Orders and Positions window.

You can hide this button.

Hide DOM button

Click this button to hide all but the first row of the DOM ladder.

You can hide this button.

Best Bid/Ask spread

 

The difference between the best bid and best ask. If best ask is less than or equal to the best bid, then this value is not displayed. The last digit of the value is in superscript font.

You can hide this value.

Size field (Split DOMTrader)

 

The size field displays the last used order size for the symbol and is used to change order quantity. If you are placing an iceberg order, the entry box contains both the total size and the visible size.

Use the +/- buttons to change the size or use the mouse wheel. You can also type a quantity.

Right-click to return to the default.

Click the size field to expose size buttons.

Size buttons take their value from the three most recent, unique order sizes prior to the last traded order size for this instance of the trading application. If the number of most recent unique order sizes is less than the number of buttons, then the buttons take their value from default order quantities set in Risk trading preferences.

Current working orders, position, and OTE (Split DOMTrader)

 

The position is followed by the number of working orders. OTE is on the right.

OTE values can be hidden.

Split Market Compression tool (Split DOMTrader)

See Split Market Compression tool (DOMTrader) for details about this tool.

Split DOMTrader defaults to hide empty prices.

If market compression is applied to the DOM ladder, you can temporarily remove compression for a price range. Double-click the price adjacent to the hidden price range. The background color of the uncompressed area lightens.

Double-click again to return to compression. You can also double-click on any other price (not part of a compression range).

If a price has both a range above and below it, both ranges are displayed when you remove compression.