Orders Grid

 

The Orders Grid in our trading platform is a detailed interface where each column provides essential information about the orders. This grid helps traders monitor and manage their orders effectively by displaying comprehensive data about each transaction.

 

Columns Explanation

 

• Selection

  • Allows users to select multiple orders simultaneously, simplifying processes such as bulk cancellations or modifications.

 

• Cancel

  • Provides a quick option to cancel an order directly from the grid, enhancing operational efficiency.

 

• Order ID

  • Displays the unique identification number for each order, crucial for tracking and referencing specific transactions.

 

• Instrument

  • Indicates the financial instrument associated with each order, helping traders keep track of market diversification.

 

• Create Time

  • Shows the timestamp when the order was initially placed, useful for historical analysis and timing strategies.

 

• Update Time

  • Reflects the last modification time of the order, important for monitoring recent changes or updates.

 

• Action

  • Specifies whether the order is a Buy or Sell, providing quick insight into the trading direction.

 

• Type

  • Identifies the order as either a Stop or a Limit, aiding in strategy implementation and risk management.

 

• Quantity

  • Shows the amount of the instrument ordered, essential for volume analysis and position sizing.

 

• Limit Price

  • If the order is a limit type, this column shows the price at which the order is set to execute, important for price target strategies.

 

• Stop Price

  • For stop orders, this displays the price at which the order will activate, crucial for setting defensive strategies against market volatility.

 

• Current Price

  • Indicates the current market price of the instrument, allowing traders to compare real-time data with order levels.

 

• Points Till Execution

  • Shows the difference in points between the current market price and the order's execution price, helping traders gauge how close an order is to being executed.

 

• Expiration

  • Displays the expiration time of the order, if applicable, which is vital for time-sensitive strategies.

 

• Stop Loss

  • Shows the set price for the stop loss order, crucial for managing risk and limiting potential losses.

 

• Take Profit

  • Indicates the price level set for the take profit order, important for securing profits at desired price points.

 

• Description

  • Provides a brief description of the order, offering additional insights or notes made by the trader.

 

• State

  • Displays the current status of the order (e.g., working, filled, cancelled), essential for immediate order management.

 

• Message

  • Contains messages related to the order, such as errors or execution confirmations, important for troubleshooting and record-keeping.

 

• Expected Profit & Loss

  • Projects potential profit or loss for the order based on set stop loss and take profit parameters, aiding in financial forecasting and strategy adjustment.

 

• Strategy

  • Names the algorithmic strategy that placed the order, if applicable, linking orders to specific automated trading strategies.

 

• Algo Key

  • A unique identifier for the automated trading strategy, important for tracking and analysis of algorithmic trading performance.

 

• Trade Algo

  • Indicates a trading algorithm manually configured by the user, offering customization and precision in automated trading setups.

 

Conclusion

 

The Orders Grid is a pivotal tool for traders, providing a comprehensive snapshot of all trading activities at a glance. With detailed columns each providing key data, traders can make informed decisions, monitor order execution, and manage their trades with high efficiency and accuracy. This grid system ensures that traders have all necessary information readily available, facilitating a robust trading environment.