Below is an OEC Trader Quick Start Guide to assist you in getting setup and start using OEC Trader. At anytime if you have questions about the OEC Trader software or opening an account, please e-mail firstname.lastname@example.org, visit Live Help online or call us at 800-811-6953.
To allow OEC Trader to connect to our servers you need to allow outbound connections to ports 9200 and 9201 thru your firewall.
If you do not want a confirmation and notification boxes to pop up each time you place an order, cancel a trade, or receive a fill you can configure this under “Orders” in the menu bar. To remove confirmations from new orders and cancelled orders go to “Orders” in the menu bar and uncheck “New Order” and “Cancel Order” under Confirmations. To remove notifications from filled orders go to “Notifications” under “orders” in the menu bar and uncheck “New Fill”. We recommend leaving a check mark next to “Notifications” modify or cancel failed.
DOM (Depth of Market Order Entry)
Depth of Market (DOM) Once you have configured the contracts you want to trade you may want to pull up a DOM for trading.
Go to “View” in the menu bar and select Depth of Market, then select “New” or a previously open Depth of Market. For a new Depth of Market enter the symbol you want to trade in the dialogue window.
We have added some new features to the DOM window:
The different toolbars options on the right offer charting and advanced orders from OCO’s to Bracket trades. Click on the toolbars at the top to add the advanced order features to the bottom of the DOM for trading. The OCO order is active once it has been highlighted.
Checking GTC under Order Flags will submit each order to the Globex or eCBOT exchange as GTC. Eurex does not accept GTC orders.
We have also added the high and low of the launched contract to the DOM order ticket. The high of the day is displayed by a red line and the low is displayed by a green line. Your open positions average price will be displayed by an arrow. You will see it displayed on the Offer if you are short and on the Bid if you are long.
Another advanced addition to the DOM; we have Bracket Orders which are designed to limit your loss and lock in a profit by “bracketing” an order with two opposite-side orders.
The latest addition to our DOM is the ability to launch a Chart directly from the DOM for the contract being viewed. Click on the chart toolbar at the top to open an extensive charting package.
Account Summary Window
The account summary window has changed to reflect your available cash and realized, open, and total P/L.
You can customize this window by hiding the row/s that you do not want to see. Click on “Account” in the menu bar and select “Summary Setup” click on the row named “display” next to the column you want to hide and select “hidden”.
Realized P/L shows the P/L of any closed trades.
Open P/L shows the P/L of any open positions.
Total P/L shows the total P/L for both the Open and Realized P/L.
If you have a balance in another currency you will see another window showing the same information for that currency. The window titled “Total” will sum up all the currencies in your account so if you want to view this window only, uncheck “Show Currency Summary Columns.”
OEC Trader Reports
You can run reports of your historical trading activity in the Reports menu bar. Enter a time parameter and then run the report.