On Market Mode Activation Orders will be held in the T4 server until the specific market mode as entered with the Activation menu occurs. At this activation point, the order is released to the exchange.
To place a Market Mode order, click the ACT
Button in the toolbar of the contract window to bring up the below menu and choose either Open or Pre-Open.
TIP: The ACT Button will turn orange when it is active.
- Open Orders will be held on the T4 server until the specific market mode occurs. At this activation point, the order is released to the exchange.
- Pre-Open Orders will be held on the T4 server until the specific market mode occurs. At this activation point, the order is released to the exchange. Note: You will need to confirm with the exchange the rules to submit an order into a pre-open market. Some markets require the order to be a GTC order during certain pre-open times.
- 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 times. You will see the orders in your order book under the "All" or "Held on Server" tabs.
To see what when each order will enter the market you can add the "Activation" column to the order book via the properties.
