Entering Spread Iceberg Orders

In this procedure, DOMTrader is being used. You can use any trading application.

1.  Enter the QNumber or spread formula on DOMTrader. The background color changes.

2.  Select the order quantity.

3.  Select the order type: ICBG strategy (both legs are iceberg orders) or ICBG leg.

4.  You have various options available to make changes before you place the order:

a.  To change the ratio of one leg to another, type a new value in the leg ratio field.

b.  If you would like to change which leg is currently working, click the working leg menu arrow and select the leg.

c.  If you would like to change the order type used for spread completion, click the complete spread menu arrow.

d.  If you would like to change trading parameters, click either the working leg menu or the complete spread menu arrow, and then click Setup parameters.

5.  Move along the DOM ladder until you’re at the desired price.

6.  Click the buy or sell column to place the order.

7.  If you have confirmations enabled, a confirmation message is displayed. Change or confirm the parameters, then place the order.

 

Your order is displayed on the DOM ladder while it’s working. Monitor the order on Orders and Positions.