There are two modes to view Level II information: the default operational mode is that the last price is always centralized and the second mode is that the prices are static and you can define how frequent you want them to be centralized.
In default mode, when the last price (or last bid/ask) is always centralized, to ensure correct order placement click Freeze button on the bottom of the Trading Pad window, or to click Ctrl key to freeze prices and ask/bids volume values, while order fields and last price volume will still be updated.
You can move inside the grid using the keyboard arrows.
To view prices higher than the prices currently displayed, click the up arrow button.
To view prices lower than the prices currently displayed, click the down arrow button.
In Static table prices mode, to center the current price, click the Center Price button below the grid.
Some of the display and navigation features described above can be modified. These modifications are performed in the Trading Pad Settings dialog box.
To open the Trading Pad Settings dialog box:
- From the Settings menu, click System Options. The Settings dialog box appears.
- In the Trading tab, click the Trading Pad tab. The following Dialog box appears:
All the settings options described below are performed in this dialog box.
The Trading Pad table size can be set so that it displays more or less prices, as desired.
To set grid size:
- In the Trading Pad Table section, set the value in the Table Size box to suit your needs (the number shown is the number of prices which are displayed above and below the current price).
- Click Apply to apply and save, or click Ok to save and exit.
The size of the step made when you click the Up or Down arrow buttons in the Trading Pad, can be modified.
To set grid Up/Down Arrow button step:
- In the Trading Pad Table section, set the value in the Up/Down Button Step box to suit your needs (the number shown is the number of prices which are jumped when you click the Up/Down button).
- Click Apply to apply and save, or click Ok to save and exit.
You can decide whether you want the current price to be centered automatically.
To set default for centering price automatically:
- In the Trading Pad Table section, click the Centralized checkbox.
- Select Last price, Last ask, or Last bid criteria to be centered automatically.
- Select Freeze table on Ctrl to freeze Trading Pad prices on Ctrl to ensure correct order placement.
- Click Apply to apply and save, or click Ok to save and exit.
NOTE: To ensure correct order placement click Freeze button on the bottom of the Trading Pad window, or to click Ctrl key to freeze prices and ask/bids volume values, while order fields and last price volume will still be updated.
If you don't wish you prices table to be centered automatically and use static table price, you can select Static table prices option. In this mode, you can use the Center Price button in order to center it.
To set default for periodical centering of price:
- In the Trading Pad Table section, click the Center Last Price checkbox.
- Set the number of ticks moved from the center after which you want the current price to be centered automatically.
- Set the number of seconds from previous centering after which you want the current price to be centered automatically.
The price will be centered when one of the conditions set in step 4 or step 5 is met.
- Click Apply to apply and save, or click Ok to save and exit.
If you wish, you may choose to show the selected price. This means the border around the cell showing the selected price is emphasized.
To show selected price:
- In the Trading Pad Table section, click the Show Selection Checkbox.
- Click Apply to apply and save, or click Ok to save and exit.
If you run automated strategies in addition to using the Trading Pad, you can indicate whether you want to display the number of working orders originating in these strategies in the Trading Pad pane.
To display orders from automated strategies:
- In the Trading Pad Table section, click the Show Selection Checkbox.
- Click the Show Strategies Orders (st) checkbox to indicate that you want to display the number of orders originating in strategies. The number will be displayed in the Trading Pad next to (st).
You may choose to display the P&L on the Trading Pad, or to hide it.
To hide P&L:
- In the Trading Pad Table section, click to uncheck the Show P&L checkbox. (To show P&L, click to check the Show P&L checkbox).
- Click Apply to apply and save, or click Ok to save and exit.
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