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New Features

Single/Double Click Dealing

Single/Double Click Dealing enables you to hit bids or pay offers with a single or double click of the mouse, using your default amount (as configured below). To enable this feature, use the Dealing tab of the Preferences Screen to choose Single or Double click dealing.

Enhanced Default Trading Amounts for Single/Double Click Dealing
This feature allows you to configure up to 5 amounts per currency pair which can then be used to quickly change your default amounts without the need to use the Preferences Screen when in Single or Double Click dealing mode. To configure, use the Amounts tab in the Preferences Screen to specify up to five different amounts for each currency pair.

When Single or Double Click Dealing is selected, a button stating "1ClickOn" or "2ClickOn" will be shown on the top of the ECN platform and the multiple default amounts panel that you set up in the Preferences Screen will be displayed next to it. The current default amount will be highlighted in yellow. To change the default amount, click on a different quantity. This button also serves as a toggle which allows you to arm or disarm this feature. When disarmed, the default trading amounts panel will no longer be visible and the button will state "1ClickOff" or "2ClickOff".

When trying to deal with the Single/Double Click feature, a momentary message stating "Sending Order..." will be displayed until a response is received back with the results of your attempt to deal. This is to insure that you are informed that your request is being processed; (note: this message is not related to our order system).

Buy/Sell follows market prior to sending
While the market is moving, the prices within the Buy/Sell Boxes will move according to the market activity. In fast moving markets, this ensures that when you press 'Send', the price will reflect where the market was at the time you sent in your request.

To enable/disable this feature, use the Preferences Screen and select/unselect the Buy/Sell Price Follows the Market check box. The default state is that this feature is enabled.

Minimum Trade Size
This feature allows you to setup a minimum trade size for each currency pair. You may access this from the Preferences Screen under the Amounts Tab. The window will display a column of Minimum Trade size with a data field for each CCY.

The default amount is set to "0" (no minimum size). Please note that this amount indicates the minimum criteria for the match. For example, if you specify a minimum size of .5 (500,000) and you are bid for 1 (1,000,000) and an offer at the same price of .6 (600,000) is on the platform, a match would be allowed, leaving you with .4 (400,000) remaining.

If you are partially filled, where the remaining balance is lower than the minimum trade size, the balance will become the minimum trade size for that specific Bid/Offer. For example, if you post a bid of 1 million with a Minimum Trade Size preference setting of .5 and another client makes a deal for 700,000 with you, your remaining minimum trade size will be a bid for 300,000.

Flatten Position
This feature gives you the ability to close out your position from the position window. To access this feature, click on the "Close" button to bring up a bid/offer window. The position amount will be rounded to the nearest 100k. Positions with a USD value less than 49,999 will be swept out of the account at end of day. This feature is not available to NP clients.

Segregation of Current Deals and Deal History in Deal Log Window
The Deal Log will now separate your trades executed during today's session (a session is a trade date) from trades done in past sessions. There are now two tabs, "Current Deals" and "Deal History". The first tab, "Current Deals" will be empty at the start of each trading session and will only contain the current trades done for the new session. The second tab will show up to a maximum of 100 trades done in the previous three trade days, with the most recent trades being at the top of the window.

Deal Log Display
The Deal Log has been enhanced to show two decimal of precision with the quantities.

Added Userid to Deal Log
A column showing 'User ID' has been added to the Deal Log

Save Trades in a .CSV File
The Trading Platform GUI will now have the functionality to allow you to automatically save your trades into Microsoft Excel files. This can be done on an individual file per trade basis or by an aggregated file per trade date. The setting for this function is done within the Preferences Screen. After making your selection, a window will be displayed so that you may indicate the directory where the file/s will be saved. The default filename convention for the individual trade will be trades_dealnumber.csv and for the aggregated file it will be trades_tradedate.csv. If the application has problems saving the file to the drive path, a pop-up window will be displayed to alert you.

Screen Lock
The Screen Lock feature allows you to disable for bid/offer/buy/sell operations on the GUI Platform. It is provided for clients who wish to have a mechanism to help insure against unintentional dealing. A new menu item, 'Lock', is now available on the platform. When you activate this mode, any bid/offer/buy/sell operations will be blocked until you disable the 'Lock Screen' mode.

A Screen Lock Alert Label will flash several times whenever any dealing operation is attempted in this mode to remind you that you have intentionally disabled dealing.

Ability to Disable the Warning Message When Sweeping the Book
Sweeping the book allows clients to buy or sell all available offers or bids (depending on margin availability). Accessed via the Dealing tab in the Preferences Screen, there is now an option to enable or disable the warning message. A checkbox stating "Enable Warning Message When Sweeping Book/Crossing Mkt" is available to control the displaying of this message. The default state is for the message to be enabled.

Preference Screen Layout
A new tab, Dealing, has been setup for choosing warning levels and dealing configurations in the Preferences Screen.

Audible Alert and Disconnection Message
When using our GUI platform, there will be an audible alert, along with the existing message informing you of that you have lost your connection to the trading server

High/Low Window
This feature gives you the ability to view the high/low for the session in a currency pair. The session starts at approximately 5:30 PM ET and ends at 5 PM ET the following day. Please note: if you would like this feature enabled, contact us (908) 322-9995. Once you have been enabled, click the High/Low button on the top of ECN platform or select "High/Low" from the Functions menu.

Help
The 'Help' menu option has a new sub-menu option called 'Contact' which will display a window with telephone numbers for calling us within or outside the United States.

GUI Upgrade to JDK 1.5.0_06
The JDK version used by the Hotspot FXr trading platform GUI is upgraded to JDK 1.5.0_06.

NOTE: Average function is no longer available in the version 4.1

Please click here to see complete user guide