AlgoOrder Order-Places-Order (OPO)

The OPO application places a succeeding order after the initial order is filled.

When placing an OPO, define the initial order as usual, then set parameters for the succeeding order on the confirmation window.

The OPO application places leg orders if the conditions are met. Those orders can be viewed and managed in the CQG software.

Installing, running, and stopping OPO

1.  Open CQG software, and log on to trade.

2.  From CQG’s website, download and run the installation program for OPO (AlgoOrder OPO.msi).

If you plan on using the source code in any way, make sure to install the application and the source (Custom Setup).

3.  Go to Start > All Programs > CQG > AlgoOrderOPO to register the type, so that it can be viewed in the software.

4.  In the CQG software, open a trading application. Note that the AlgoOrder type is now listed on the special orders menu.

The OPO application runs in the background of the CQG software. The OPO icon is visible in the system tray when it’s running.

Right-click that icon to open a menu of options, explained later in this topic, associated with OPO orders.

Use this menu to stop the OPO application. When stopped, the application cancels all working orders placed with current instance of the application. Cancelling leg orders should be done through CQG software.

OPO Parameters

Monitoring and cancelling OPO orders

Right-click the OPO icon in the system tray, then click Monitor to open the Monitor window. The window lists working orders with associated data:

•      Algo Order ID, format COOPOxxxxyyyy-Z, where:

xxxx = serial number of the algorithmic order placed through the application's current session. This value is reset after restarting the application.

yyyy = serial number of the leg for the xxxx AO. This value is reset for each AO.

Z = multi-digit serial number of orders placed through the given instance of the application.

•      Status

•      FCM Account ID

•      Account Name

•      Instrument Name

•      Side

•      Type

•      Limit Price

•      Stop Price

•      Total Quantity

•      Filled Quantity

•      Symbol

•      Side

•      Type

•      Limit Price

•      Stop Price

•      Go to market on reject

•      Respect partial fills

•      Process overfills

To cancel one or some of the working orders, select them and then click the Cancel Checked Orders button. You can also right-click the order.

To cancel all working orders, click the Cancel All Orders button. You can also right-click the order.

To obtain log files, right-click the OPO icon in the system tray, then click Show Logs. The local folder that contains logs is opened: C:\Users\<name>\AppData\Local\CQG\AlgoOrder_OPO\Logs

OPO Profile Manager

Set parameter values using Profile Manager. Right-click the OPO icon in the system tray, then click Profile Manager.

OPO Configuration Manager

Change naming, tooltip, and log settings using Configuration Manager. Right-click the OPO icon in the system tray, then click Configuration Manager.