Time Activation Orders will be held in the T4 server until the specific time, as entered with the Activation Menu occurs. At this activation point, the order is released to the exchange.
To place an Activation At Time order, click the ACT
Button in the toolbar of the contract window to bring up the below menu and choose Time. NOTE for time activated orders if you submit the order during a closed state or the time specified is a closed state the order will trigger as soon as the market goes into a trading state after the time specified.
TIP: The ACT Button will turn orange when it is active.
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- Time Click the Time button to bring up the Date and Time menu.
- Date/Time You can select the specific date and time in the future for your order to be submitted into. NOTE: the time is in Central time and cannot be changed. These orders will be held (i.e. suspended) in the T4 server until the specific time occurs. When this condition is met, the order is released to the exchange.
- Time Lapse This allows you to specify how much time in minutes and seconds to go by before the order is triggered.
- Order Cancel Time Allows you to have your order canceled at a certain time. Please click here to see how to set the Order Cancel Time.
To place the order:
- Choose the quantity of the order in the "L:" box, or you can use the Volume Bar.
- Confirm the Activation Mode settings.
- The final step which places the orders is to click in the Bid column to buy or the Offer column to sell.
Confirm order has been submitted
You will
not see the orders in the "My B" or "My O" columns as they are held on the server until the specified time conditions are met. You will see the orders in your order book under the "All" or "Held on Server" tabs.
To see when each order will enter the market you can add the "Activation" column to the order book via the properties.
