Aggregator FX. Client s manual.

Aggregator FX. Client s manual. 1

Table of contents INTRODUCTION 4 INSTALLATION 5 1. PROGRAM INSTALLATION 5 2. NETWORK SETTINGS 6 3. PASSWORD SETTINGS 6 VISUAL INTERFACE 7 1. WINDOWS ADJUSTMENT 8 2. READ ONLY MODE. 8 3. «CLICK AND DEAL» MODE 8 4. WINDOWS MENU 9 COMMOLY USED PROGRAM MENUS 10 1. FILE MENU 10 2. OPTIONS MENU 10 2.1. PREFERENCES 11 2.2 COLOR SETTINGS 12 3.4. SLIP AND INSTRUMENT SETTINGS 14 3.5. SAVING DEALS INTERVAL 14 3.6. CHANGE PASSWORD 14 2.7. KEYBOARD SETTINGS 14 FUNCTIONALITY 15 1. MAKING A DEAL 15 1.1. MORE ABOUT DEALS PANEL 15 1.2. SWAP DEALS 17 2. SETTINGS UP ORDER 18 2.1. ORDER S WINDOW 18 3. MESSAGE LIST 20 PROGRAM LOG 21 1. DEALS HISTORY 21 2. ORDERS LIST 23 3. POSITIONS LIST 26 3.1. MODES 26 3.2. POS LIST MODE 26 2

3.3. CURRENCIES POSITION 27 3.4. TOTAL ABS AMOUNT MODE 27 4. MARGIN PREFERENCES, POSITION LIST BY VALUE DATES. 28 3

INTRODUCTION In this manual you will find descriptions of all Aggregator-FX Client functions. This program has both flexible interface that allows you to adjust your workspace to the degree of your comfort and vast variety of instruments to conduct and monitor financial transactions in real time. We strongly advise you to read this manual before using this program. 4

INSTALLATION 1. Program installation Run the installation file. You will see the installer window. Please note that you are recommended to close all running applications before installing Aggregator-FX. Click "Next." Get acquainted with the license agreement. If you agree, confirm it by pressing "Agree" button. The program will then propose you to install Aggregator-FX on your computer in the default directory created by "Aggregator-FX" in the Program Files folder. If you want to install it in another directory, specify it by yourself. Also, if necessary, insert the name under which the program will appear in a list of programs. Click "Finish" when the installation process is over. The Installation of Aggregator-FX is completed. 5

2. Network Settings When loaded, program displays a log-in window where you will need to enter your login and password (provided by your system administrator). After that, click Login button to proceed. On your first load you may need to enter network settings manually, to do so click button More in a lower part of the window. In a field "Rules server" you ll have to enter IP address of your server and connection port of rules server. In a field "Clients Trade server" - IP address and trade server port, in "Data server" - IP and quotation server port, in "Update server" details of update server. In case if the connection is set through proxy-server, please click field "Enable proxy" and enter proxy-server details. After a successful log-in, Updates window will automatically appear. You can either update now or later, if your version is already up to date this window will skip itself. Update process may take a while, and after it you ll have to the restart the program. 3. Password Settings If changing password is necessary you can get a new one from your contractor. On the first start with a new password this window may appear: In the first field you will need to enter a password from your contractor. Second and third fields are for your own new password that you will be using from now on. Program will continue its work in the ordinary course if all details were entered correctly. In case if password wasn t changed for some reason program will be working but you won t be able to make any transactions. 6

VISUAL INTERFACE Aggregator FX interface allows user to adjust workspace in accordance to his preferences. Window is the main element of program s interface. After installation Deals Panel will be opened in main window where you can set up multiple quotations in a preferable formation. Toolbar and all main options are displayed at the top of main program window above Deals Panel. All other elements, tables and lists are movable onto any preferable work space. Connection indicators are located at the bottom of main window. There are two indicators: trade session and quotation session; they show connection status (Connected/Disconnected) and latency. 7

1. Windows adjustment To facilitate user s experience, for all program windows and lists FX Aggregator has a drag-and-drop option, windows can be moved to any preferable area on workspace or clipped to any screen side, to do so click and hold window heading (guiding crosses will appear on a screen), now you can either and drag to it preferable spot or drag it onto cross to clip it to the screen side. To unclip window, click and hold its heading and drag it to another spot. Except deals panel windows, you cannot open more than one window of same type. 2. Read only mode. FX Aggregator has a special Read only mode to prevent undesirable transactions which can happen by accident or mistake. It could be enabled by clicking Read only button at the top of the main window on a toolbar. When enabled this mode turns all active windows status into indicative, which means that quotations will be available but user will be blocked from making new deals. In this mode user will still be able to set up orders and make other actions in the system. 3. «Click and Deal» mode «Click and Deal» allows user to make deals for current price and with pre set amount in one click. In «Click and Deal» mode cursor changes its shape into cross ( ) if click-and-deal action can be made. Action area will be highlighted with blue color. Depending on which side of deals panel or on which window you are pointing, different actions can be made. For this mode there are such settings as: Global slip is turned off ( button is not pressed). Global slip is turned on ( button is pressed). In case if global slip is turned on deal will be executed immediately for current price with stated amount in Lot field and with Slip settings enabled (which can be adjusted in Slippage Setting, Instruments Options). 8

Click on a price or amount from Book to make a deal for current price (or better). Click on columns on right or left side (by default it s 1 and +1) to make a deal for this amount with 1 point of price slip. Rule of best price is applied for this action, which means that deal will have best average price for its amount. To switch between «Click and Deal» mode and normal mode there are buttons that switch on (red flag)/off (blue flag) this mode. These buttons can be found at the top of the main window on a toolbar. 4. Windows menu Windows allows user to open all additional windows, these are: Deals Panel opens new Deals Panel Deals separate window that can be located outside of the previous panel Deals History list of all executed deals Orders orders list both active and executed Sources quotation sources list Pos List open positions list (calculated from/to set date) Message List shows message list. Pos List 2 open positions list (calculated by value date) 9

COMMOLY USED PROGRAM MENUS 1. File menu File menu is used to create, save and load deals panel. New deals panel can also be opened by click on New deals panel button on a toolbar. These are options for File menu: New Deals Panel creates new deals panel Save Top Deals Panel As saves active deals panel in.fxw format. Directory by default is a subdirectory in FX Aggregator folder. Open Deals Panel opens previously saved deals panels. All deals panels will be saved after program s shut-down and will be reopened with program again. 2. Options menu This menu consists of: 10

2.1. Preferences 11 This group of settings concerns both trade rules and interface. Set Order If Deal Rejected Settings - This group defines actions that will be taken if deal wasn t executed or executed partially: o Set Order If Rejected allows to set further order s algorithm in case if it was rejected. o Order Time To Live (seconds) limits order s time, if order wasn t executed in stated amount of time it will be automatically canceled. Common Trade Preferences: o Ticket On Every Client On Account enables to show tickets of all account s clients. Log: o Enable log enables log with all deals history. User Interface Preferences: o Show Grid lines enables to show grid lines in tables. o Show Toolbars enables to show windows toolbars. Both of these options are active by default. Sounds sound alarm settings: o Fill Or Kill Deals if enabled order will be executed in its full amount otherwise blocked. Partial execution is not allowed. o Min Lot (abs) min order s or deal s amount. Deal or order will be rejected if their amount is less than stated. o Max Lot (abs) max order s or deal s amount. Deal or order will be rejected if their amount exceeds stated. Tickets this group enables program to show tickets with information about deal or order in case of successful execution: o Enable Tickets enables program to show tickets with information about deal or order in case of successful execution. o On Deal Sound alarm sound that will be played in case of successful deal s execution. This option is inactive by default. You can use any preferable sound in.wav format which can be added by clicking "Browse" button.

Alerters system alert settings: o Enable Sources Switch Off Alerter enables to alert user when quotation sources have been switched off; o Enable Trade Session Disconnection Alerter enables to alert user that system has dropped connection with trade server; 2.2 Color settings In this window you can adjust color settings. On a left side of the window there are such groups of settings: Common color settings for main windows: buy deals and orders to buy error error message incorrect lot incorrect lo error profit deal s profit rejected rejected deals sell deals and orders to sell table selection selected line in a table unknown unknown error Deal dialog color settings for deal s window: active caption active selected area background window s background caption selected area frame window s frame selection area selected by mouse text displayed text 12

Orders color settings for order s window: buy deleted deleted order to buy buy executed executed order to buy executed executed order sell deleted deleted order to sell sell executed executed order to sell Sources sources window color settings: connected connected source color disconnected disconnected source color Print settings This window allows to adjust print settings: 13

3.4. Slip and instrument settings In this window you can adjust slip point for currency pairs: In this table you can specify slip point for each side of each instrument (Bid Slippage buy, Offer Slippage sell). Third Price Step is a min price step (used to shape prices for deals and orders). 3.5. Saving deals interval Program allow user to create log file with deals in csv format. From Deal Rec Id unique ID of first saved deal, new deals will be saved only if their ID exceeds stated. To Deal Rec Id unique ID of first saved deal, deals will be saved up to this ID number. To save click Save button, file will appear in subdirectory of FX Aggregator folder. 3.6. Change Password This option allows user to change his current password. 2.7. Keyboard Settings This option allows to adjust hotkeys to facilitate users experience. 14

FUNCTIONALITY 1. Making a deal Aggregator FX supplies transaction in real time with its functionality and tools. To make a transaction you can simply click price on a Deals Panel, this window will appear: 1.1. More about deals panel Deals panel windows allows user to monitor quotes, set orders and make deals in a preferable currency pair. This window can be opened by clicking on a Deals " panel s free space. " button on a toolbar, and it also can be opened in existing deals Window control buttons are located at the top right corner of the window. - excludes/includes window from/into deals panel - closes window. Button at the top left corner allows to enable «Click and Deal» mode and to adjust Lots. - used to set Stop Loss and Market orders, and to create Swap deals. Bid and Offer are used to set Limit orders. EUR button is to change currency in which transaction will be done. 15

Book lots can be adjusted only for this type for window. Common Default Lot field is used for base lot value (in mlns of reference currency). In other fields user can enter lots that will be displayed in Book. By default its 1, 2, 3, 4 and 5 millions, but that can be changes to any number if necessary. Points field sets up slip points for «Click and Deal» mode. For user s convenience there s an option to switch between lots in one click, to use this option click (Show Lot Lines) on a toolbar to open additional Lots Lines panel: button Setup button allows to adjust lots displayed on this panel. 16

1.2. Swap deals This window can be opened through Deals Panel: This is what Swap deals window looks like: Instrument currency pair that will be used in a deal; Client Far Side swap closing leg; Amount swap amount; Swap type: ON (overnight) or TN (tomorrow next); Clicking on Update Prices button will change price according to swap settings. This price will be good for a period of time in which user will be able to send swap deal (Send button) or cancel it (Cancel Prices button). Deal s information will be displayed below: opening and closing legs value dates, Swap Points, rates for opening and closing legs, sides, time for which this price will be available. 17

2. Settings up order Order is Aggregator FX s main tool used to work on financial markets. Simple order is used to buy or sell financial assets with preset amount by preset price. There re also complex orders that are working on a basis of algorithms made of simple orders. 2.1. Order s window To set up order you ll need to click "Bid" or "Offer" buttons on a deals panel. Order window looks like this: At the top left corner there s an informational window that displays source, currency pair and orders side (bid or offer) that will be used in this order. Type And Side: o There are four types of orders available: 1) Limit Order executed when market rate reaches specific set price. 2) Market Order simple order to buy or sell immediately specified amount for best current price. 3) Stop Loss Order order will change its type to market when it will reach trigger price. 4) One Cancels Other complex order consist of two simple orders: Stop Loss and Take Profit. When one of simple orders was executed other will be canceled. In case of partial execution participation of these orders will be divided proportionally. Both orders amount and prices should be stated in SL and TP fields accordingly. o Orders side. To change orders side click on a button (Sell EUR in this example). This also switches order s currency to counter currency. Price order s price conditions. Price can be changed by using arrows or by typing it in directly. "Get" button will update price to current market s price. Amount: o o Left (MIO) order s amount in millions of reference currency. Show (MIO) order s amount in millions of reference currency that ll be displayed for other clients. Time in force group of options that limits order s active time: o o TIF Type there re three values available: Good Till Cancel order will be active until it s canceled by user, Good Till Date order will be active until stated date, Good Till Time order will be active for stated time; Date, time, Working time values are used for Good Till Date and Good Till time Comment user s commentary on order. 18

Order s progress information will be displayed in these fields: Progress field displays executed amount out of full amount, Result displays order s execution status, Description displays possible errors, Avg Price displays order s price. Click "Send" button to send order. If this button is inactive that means that one of order s preferences has invalid value. After sending order window will add two more buttons: "Change" (to change order s preferences) and "Delete" (to delete this order). If you have closed this window it can be opened again from Orders window by choosing "Edit Order" option. 19

3. Message list FX Aggregator allows user to receive informational messages and alarms from clients and system managers. All received messages will be displayed in Message List: Id unique message ID; Subject subject of message; Message message text; Time receive time. Info- and alarm messages have different design: Unread messages will be marked with thick type. Alarms will appear as separate windows with message text, which makes it hard to overlook or ignore them. Example is on picture on the left. 20

PROGRAM LOG 1. Deals History This window displays deals that were made in a particular time period: Trader login of trader who made a deal. Aggr Id group deals ID, which unites deals from one order in case of partial execution. Rec Id unique deal s ID. Order Id ID of order by which deal was made. Source quote source name. CCY pair currency pair, instrument. Value date. Side deal s side (buy/sell). Buy deals are colored with green by default, sell deals with red, if deal wasn t processed its color will be yellow. Amount deal s amount in reference currency. CCY1 amount deal s lot in reference currency. If it s a Bid deal this value will be displayed with - sign, if Offer with + CCY2 amount deal s lot in counter currency. CCY1 and CCY2 will have opposite signs. Rate exchange rate. Profit evaluated profit. This part for simple deal will be empty. Time deal s time. Result deal s result or error s description. CCY currency that was used for deal. Comment commentary to deal. Aside from the list itself there are other options applicable to the list: 21

Filters button is used to sort orders by preferences set by user. Time filter: From time filter time filter that allows to see deals that were made precisely after stated time. To time filter time filter that allows to see deals that were made precisely till stated time. Other Filters: Show Only Successful Deals list will display only executed deals. Other useful buttons for Deals list are: Trader filter filter by trader s login (wildcard characters are available: «*» и «?»). Instrument filter filter by currency pair, limits list by stated instrument (wildcard characters are available: «*» и «?»). Side filter filter by side, limits list by deal s side: bid or offer. Lot filter (in units) filter by lot, limits list so that displayed deals will be precisely equal or bigger than stated amount. Comment Text filter by comment (wildcard characters are available: «*» и «?»). Print allows to print deals history. Upon clicking this button new window with preferences will be opened. Export allows to save list in Excel format (csv file). Dropdown menu All filters all deals by their source. There are two options: all sources and one source filter. Show Only Aggregated Entries option unites all deals with same Aggr Id in one entry. Millions in lot option is applied to fields: Amount, CCY1 amount, CCY2 amount. Affects the way amount values will be shown in digits or millions. On the opposite side of Lot and Price fields there are weighted average price value and summarized amount for the selected group of deals. To select several deals at one time hold Ctrl or Shift and click on deals. 22

2. Orders list This window looks similar to All deals history list and allows user to see all information about orders both executed and active. There are such columns in this table as: Trader login of trader who was transacting Order Id orders ID in the system AggrId aggregated order ID that unites several orders. Source name of a source that was used in order. Instrument currency pair used for order Type order s type, can have such values as: o o o o IOC order, Limit order, Stop Loss order, Market order; And can have such prefixes as: 1) empty 2) If done means that this order is connected to others by strategy 3) OCO means that this order has a counter order Side orders side (buy/sell). Buy orders are colored with green by default, sell orders with red. Done executed order s amount Left order s amount that is still not executed. Total full order s amount in currency stated in CCY field. Executed and left amount will be equal to full order s amount Price order s price TIF Time in Force time that limits order s active status. There are such options as: o Good Till Cancel order will be active till canceled by user o Good Till Time order will be active till stated time, o Good During Time order will be active for stated time. TIF Time time for order s active status, this option is for GDT or GTT orders Avg Exec Price weighted average price for executed part of order. ChangeTime time when order was last changed. If order was changed by user or if order changed its status (from active to executed or deleted) this will be considered in this date. 23

Set Time order s set time Status order s status, can have such values as: o o o o o Active (waiting for execution) Executed Deleted Changing (changes are being applied to order) Deleting (order is being deleted). Stop Loss related SL order s price, if there s no related SL order this field will be blank. Take Profit related TP order s price, if there s no related TP order this field will be blank. CCY currency that was used for this order ; Comment commentary to order. User can apply filters to this list to sort displayed orders. Orders can be sorted by status: Active and Closed. By default this filter is set for All (shows all orders). Buy orders are colored with green by default, sell orders with red. There is a toolbar at the top of this window, these buttons are used to adjust displayed information. Millions in lot option is applied to fields: Done, Left, Total. Affects how amount values will be shown in digits or millions. button deletes all displayed orders from the list. menu filters orders by their source. Filters button is used to sort orders by preferences set by user. There are 8 types of filters: 24

Time filter. From time filter allows sorting entries by time of their last change (Change Time) from stated time. Active orders will be displayed regardless of this filter; To time filter allows sorting entries by time of their last change (Change Time) to stated time. Active orders will be displayed regardless of this filter; Прочие филother Filters: Trader user s login; Instrument filter sorts and limits list of orders by currency pair; Aggr ID Aggr order s Id filter; Order ID filter by unique order s ID; Side filter filter by deal s side (sell or buy); Lot filter (in units) filter by lot, only orders that are equal or more to the stated amount will be displayed. button deletes all orders displayed in list from the system. This menu sorts orders by their status: Millions in lot option is applied to fields: Done, Left, Total. Affects how amount values will be shown in digits or millions. 25

3. Positions list In this window summarized position from specified date will be displayed, as well as deals profits and losses. Results are calculated in accordance to current market price and summarized open position for related currency pair. All information in "Profit" and "Profit USD" fields is an estimate which doesn t guarantees the result. Final profit will be calculated when amount of this instrument will be equal to zero. This window works in three modes: Pos list, currencies position, total abs amount. 3.1. Modes Pos List window works in three modes: Pos list, currencies position, total abs amount. 3.2. Pos list mode CCY Pair instrument, currency pair Side deal s side, bid or offer Amount summarized instrument s amount; with "Millions in Lot" option enabled displays in mlns of reference currency. Rate average position s price; this value is calculated as a result of opening all positions for this currency pair. Profit summarized profit or loss in reference currency points. Amount USD open position amount in USD. Profit USD profit or loss for selected currency in USD. Open Pos summarized open position amount in USD. Positions with - cancel on positions with +. P/L summarized profit or loss in USD. Filters current filter. Filters... button can set: Time range for which position should be calculated User s login whose position should be calculated. Source that was used for deals for log. Deals commentary that will be considered when calculating position. Time from which position is being calculated by default is 0:00 GMT of current day, hereafter program will save user s preferences. 26

3.3. Currencies position CCY Pair instrument, currency pair Side deal s side, bid or offer Amount summarized instrument s amount; with "Millions in Lot" option enabled displays in mlns of reference currency. Amount USD open position amount in USD. P/L summarized profit or loss in USD. Filters current filter. Filters work similar to Pos list mode. 3.4. Total abs amount mode This mode allows user to estimate all deals amount. CCY Pair instrument, currency pair Amount summarized instrument s amount; with "Millions in Lot" option enabled displays in mlns of reference currency. Amount USD open position amount in USD. Open Pos summarized open position amount in USD. Positions with - cancel on positions with +. Filters current filter. Filters work similar to Pos list mode. 27

4. Margin preferences, position list by value dates. To see marginal information you will need to open Pos List 2 window, this is what it looks like: Unlike Pos List window, Pos List 2 displays information about open position for specified value date (or for all value dates). Blank Limit client s fund limit; Open Pos open position amount; Profit/Loss displays current summarized status: profit or loss. Min Margin min client s margin to support current open position; Margin Call this field specifies lower limit below which further transactions would be undesirable, if this level has been exceeded you will be noted with alarm message Stop Out this field specifies lower limit below which all transactions will be shut down, if this level has been exceeded you will be noted with alarm message Var Margin client s fund limit with current profit and loss taken into account. Value Date filed allows to choose mode where positions will be listed by specified value date or by all value dates starting from current (All mode). 28