TRADING TECHNOLOGIES, INC.’S MD TRADER®
`U.S. PATENT NO. 7,676,411
`
`TRADESTATION’S
`MATRIX WINDOW
`TradeStation’s Matrix
`window (“Matrix window”)
`displays market information
`for commodities (e.g., futures,
`etc.) traded on an electronic
`exchange (e.g., NYSE). See
`Figure 1.
`
`INTERACTIVE BROKER’S
`BOOKTRADER WINDOW
`IBG’s BookTrader Window
`(“BookTrader”) displays market
`information for commodities
`traded on an electronic
`exchange. See Figure 1.
`
`The Matrix window receives
`market information for a
`commodity from an electronic
`exchange, the market
`information comprises an
`inside market with a current
`highest bid price (e.g., 25.26)
`and a current lowest ask price
`(e.g., 25.28) See Figure 1.
`
`BookTrader receives market
`information for a commodity
`from an electronic exchange,
`the market information
`comprises an inside market with
`a current highest bid price (e.g.,
`84.67 as shown in Figure 1) and
`a current lowest ask price (e.g.,
`84.68 as shown in Figure 1).
`
`
`1. A method of displaying
`market information relating to
`and facilitating trading of a
`commodity being traded on an
`electronic exchange, the
`method comprising:
`
`receiving, by a computing
`device, market information for
`a commodity from an
`electronic exchange, the
`market information
`comprising an inside market
`with a current highest bid
`price and a current lowest ask
`price;
`
`
`CLAIM 1 TT’S MD TRADER®
`
`WINDOW
`Trading Technologies, Inc.’s
`(“TT”) MD Trader® window
`(“MD Trader window”) displays
`market information for
`commodities (e.g., futures, etc.)
`traded on an electronic exchange
`(e.g., NYSE). See Figure 1; Ex. 1,
`X_TRADER® Version 7.12.X
`User Manual, p. 329 (“MD
`Trader dynamically displays the
`market depth for a product.”).
`
`The MD Trader window receives
`market information for a
`commodity from an electronic
`exchange, the market information
`comprises an inside market with a
`current highest bid price (e.g.,
`129195) and a current lowest ask
`price (e.g., 129200). See Figure 1;
`Ex. 1, X_TRADER® Version
`7.12.X User Manual, p. 376 (“To
`make it easier to identify the mid-
`point of the inside market, MD
`Trader places a bold line across
`the width of its grid. The mid-
`point line appears midway
`between the best bid and the best
`offer in the market.”).
`
`
`
`
`1
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`Page 1 of 123
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`TRADING TECH EXHIBIT 2233
`IBG ET AL. v. TRADING TECH
`CBM2015-00181
`
`

`
`
`displaying, via the computing
`device, a bid display region
`comprising a plurality of
`graphical locations, each
`graphical location in the bid
`display region corresponding
`to a different price level of a
`plurality of price levels along
`a price axis;
`displaying, via the computing
`device, an ask display region
`comprising a plurality of
`graphical locations, each
`graphical location in the ask
`display region corresponding
`to a different price level of the
`plurality of price levels along
`the price axis;
`
`dynamically displaying, via
`the computing device, a first
`indicator representing quantity
`associated with at least one
`trade order to buy the
`commodity at the current
`highest bid price in a first
`graphical location of the
`plurality of graphical
`locations in the bid display
`region, the first graphical
`location in the bid display
`region corresponding to a
`
`TRADING TECHNOLOGIES, INC.’S MD TRADER®
`U.S. PATENT NO. 7,676,411
`
`The MD Trader window displays
`a bid display region with a
`plurality of graphical locations
`that each correspond to a different
`price level along a price axis.
`The labels of the price levels of
`the price axis are displayed in the
`Price column. See Figure 1.
`
`The MD Trader window displays
`an ask display region with a
`plurality of graphical locations
`that each correspond to a different
`price level along the price axis.
`The labels of the price levels of
`the price axis are displayed in the
`Price column. See Figure 1.
`
`The Matrix window displays a
`bid display region with a
`plurality of graphical
`locations that each correspond
`to a different price level along
`a price axis. The labels of the
`price levels of the price axis
`are displayed in the Price
`column. See Figure 1.
`The Matrix window displays
`an ask display region with a
`plurality of graphical
`locations that each correspond
`to a different price level along
`the price axis. The labels of
`the price levels of the price
`axis are displayed in the Price
`column. See Figure 1.
`
`BookTrader displays a bid
`display region (e.g., yellow
`cells in Figure 1) with a
`plurality of graphical locations
`that each correspond to a
`different price level of a
`plurality of price levels along a
`price axis. See Figure 1.
`
`BookTrader displays an ask
`display region (e.g., green cells
`in Figure 1) with a plurality of
`graphical locations that each
`correspond to a different price
`level of the plurality of price
`levels along a price axis. See
`Figure 1.
`
`
`The MD Trader window
`dynamically displays a first
`indicator representing quantity
`(e.g., 2262) associated with at
`least one trade order to buy the
`commodity at the current highest
`bid price (e.g., 129195) in a first
`graphical location of the plurality
`of graphical locations in the bid
`display region, the first graphical
`location in the bid display region
`corresponding to a price level
`associated with the current
`
`The Matrix window
`dynamically displays a first
`indicator representing quantity
`(e.g., 100) associated with at
`least one trade order to buy
`the commodity at the current
`highest bid price (e.g., 25.26)
`in a first graphical location of
`the plurality of graphical
`locations in the bid display
`region, the first graphical
`location in the bid display
`region corresponding to a
`
`BookTrader dynamically
`displays a first indicator
`representing quantity (e.g., 330
`in Figure 1) associated with at
`least one trade order to buy the
`commodity at the current
`highest bid price (e.g., 84.67 in
`Figure 1) in a first graphical
`location of the plurality of
`graphical locations in the bid
`display region, the first
`graphical location in the bid
`display region corresponding to
`
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`Page 2 of 123
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`

`
`a price level associated with the
`current highest bid price. See
`Figure 1.
`
`Upon receipt of market
`information comprising a new
`highest bid price (e.g., the
`highest bid price changes from
`114.31 at Time 1 to 114.29 at
`Time 2 in Figure 2),
`BookTrader moves the first
`indicator (e.g., the highest “Bid
`Size” indicator) relative to the
`price axis to a second graphical
`location of the plurality of
`graphical locations in the bid
`display region, the second
`graphical location
`corresponding to a price level of
`the plurality of price levels
`associated with the new highest
`bid price, wherein the second
`graphical location is different
`from the first graphical location
`in the bid display region. See
`Time 1/Time 2 comparison in
`Figure 2, wherein the first
`indicator has moved downward
`three ticks relative to the price
`axis.
`
`
`
`TRADING TECHNOLOGIES, INC.’S MD TRADER®
`U.S. PATENT NO. 7,676,411
`
`price level associated with the
`current highest bid price. See
`Figure 1.
`
`Upon receipt of market
`information comprising a new
`highest bid price (e.g., 25.25),
`the Matrix window moves the
`first indicator (e.g., Time 1:
`100; Time 2: 1000) relative to
`the price axis to a second
`graphical location of the
`plurality of graphical
`locations in the bid display
`region, the second graphical
`location corresponding to a
`price level of the plurality of
`price levels associated with
`the new highest bid price
`(e.g., 25.25), wherein the
`second graphical location is
`different from the first
`graphical location in the bid
`display region. See Time
`1/Time 2 comparison in
`Figure 2, wherein the first
`indicator has moved
`downward one tick relative to
`the price axis.
`
`highest bid price. See Figure 1.
`
`
`Upon receipt of market
`information comprising a new
`highest bid price, the MD Trader
`window moves the first indicator
`(e.g., Time 1: 2262; Time 2: 932)
`relative to the price axis to a
`second graphical location of the
`plurality of graphical locations in
`the bid display region, the second
`graphical location corresponding
`to a price level of the plurality of
`price levels associated with the
`new highest bid price (e.g.,
`129200), wherein the second
`graphical location is different
`from the first graphical location
`in the bid display region. See
`Time 1/Time 2 comparison in
`Figure 2, wherein the first
`indicator has moved upward one
`tick relative to the price axis.
`
`
`
`
`price level associated with the
`current highest bid price;
`
`upon receipt of market
`information comprising a new
`highest bid price, moving the
`first indicator relative to the
`price axis to a second
`graphical location of the
`plurality of graphical
`locations in the bid display
`region, the second graphical
`location corresponding to a
`price level of the plurality of
`price levels associated with
`the new highest bid price,
`wherein the second graphical
`location is different from the
`first graphical location in the
`bid display region;
`
`
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`Page 3 of 123
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`

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`
`dynamically displaying, via
`the computing device, a
`second indicator representing
`quantity associated with at
`least one trade order to sell the
`commodity at the current
`lowest ask price in a first
`graphical location of the
`plurality of graphical
`locations in the ask display
`region, the first graphical
`location in the ask display
`region corresponding to a
`price level associated with the
`current lowest ask price;
`
`upon receipt of market
`information comprising a new
`lowest ask price, moving the
`second indicator relative to
`the price axis to a second
`graphical location of the
`plurality of graphical
`locations in the ask display
`region, the second graphical
`location corresponding to a
`price level of the plurality of
`price levels associated with
`the new lowest ask price,
`wherein the second graphical
`location is different from the
`first graphical location in the
`
`TRADING TECHNOLOGIES, INC.’S MD TRADER®
`U.S. PATENT NO. 7,676,411
`
`The MD Trader window
`dynamically displays a second
`indicator representing quantity
`(e.g., 1223) associated with at
`least one trade order to sell the
`commodity at the current lowest
`ask price (e.g., 129200) in a first
`graphical location in the ask
`display region corresponding to a
`price level associated with the
`current lowest ask price. See
`Figure 1.
`
`The Matrix window
`dynamically displays a second
`indicator representing quantity
`(e.g., 14800) associated with
`at least one trade order to sell
`the commodity at the current
`lowest ask price (e.g., 25.28)
`in a first graphical location in
`the ask display region
`corresponding to a price level
`associated with the current
`lowest ask price. See Figure 1.
`
`BookTrader dynamically
`displays a second indicator
`representing quantity (e.g., 26
`in Figure 1) associated with at
`least one trade order to sell the
`commodity at the current lowest
`ask price (e.g., 84.68 in Figure
`1) in a first graphical location in
`the ask display region, the first
`graphical location in the ask
`display region corresponding to
`a price level associated with the
`current lowest ask price. See
`Figure 1.
`
`
`Upon receipt of market
`information comprising a new
`lowest ask price, the MD Trader
`window moves the second
`indicator (e.g., Time 1: 1223;
`Time 2: 1720) relative to the price
`axis to a second graphical
`location of the plurality of
`graphical locations in the ask
`display region, the second
`graphical location corresponding
`to a price level of the plurality of
`price levels associated with the
`new lowest ask price (e.g.,
`129205), wherein the second
`graphical location is different
`
`Upon receipt of market
`information comprising a new
`lowest ask price (e.g., 25.27),
`the Matrix window moves the
`second indicator (e.g., Time 1:
`14800; Time 2: 2080) relative
`to the price axis to a second
`graphical location of the
`plurality of graphical
`locations in the ask display
`region, the second graphical
`location corresponding to a
`price level of the plurality of
`price levels associated with
`the new lowest ask price (e.g.,
`25.27), wherein the second
`
`Upon receipt of market
`information comprising a new
`lowest ask price (e.g., the
`lowest ask price changes from
`114.34 at Time 1 to 114.31 at
`Time 2 in Figure 2),
`BookTrader moves the second
`indicator (e.g., the lowest “Ask
`Size” indicator) relative to the
`price axis to a second graphical
`location of the plurality of
`graphical locations in the ask
`display region, the second
`graphical location
`corresponding to a price level of
`the plurality of price levels
`
`
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`ask display region;
`
`TRADING TECHNOLOGIES, INC.’S MD TRADER®
`U.S. PATENT NO. 7,676,411
`
`from the first graphical location
`in the ask display region. See
`Time 1/Time 2 comparison in
`Figure 2, wherein the first
`indicator has moved upward one
`tick relative to the price axis.
`
`
`graphical location is different
`from the first graphical
`location in the ask display
`region. See Time 1/Time 2
`comparison in Figure 2,
`wherein the first indicator has
`moved downward one tick
`relative to the price axis.
`
`displaying, via the computing
`device, an order entry region
`comprising a plurality of
`graphical areas for receiving
`single action commands to set
`trade order prices and send
`trade orders, each graphical
`area corresponding to a
`different price level along the
`price axis;
`
`The MD Trader window displays
`an order entry region comprising
`a plurality of graphical areas for
`receiving single action commands
`(e.g., single click) to set trade
`order prices and send trade
`orders, each graphical area
`corresponding to a different price
`level along the price axis. See
`Figure 1; Ex. 1, X_TRADER®
`Version 7.12.X User Manual, p.
`338 (“Click the ladder next to the
`price at which you want to place
`an order.”).
`
`
`and selecting a particular
`graphical area in the order
`entry region through a single
`action of the user input device
`to both set a price for the trade
`
`The MD Trader window allows
`for the selection of a particular
`graphical area in the order entry
`region through a single action
`(e.g., single click) to set a price
`
`The Matrix window displays
`an order entry region
`comprising a plurality of
`graphical areas for receiving
`single action commands (e.g.,
`single click (up click or down
`click) or double click) to set
`trade order prices and send
`trade orders, each graphical
`area corresponding to a
`different price level along the
`price axis. See Figure 1;
`Figure 3A (“With just a single
`click on any row in the Bid or
`Ask column, you’re able to
`immediately place an order.”).
`The Matrix window allows
`for the selection of a
`particular graphical area in the
`order entry region through a
`single action (e.g., single click
`
`
`
`5
`
`associated with the new lowest
`ask price, wherein the second
`graphical location is different
`from the first graphical location
`in the ask display region. See
`Time 1/Time 2 comparison in
`Figure 2, wherein the second
`indicator has moved downward
`three ticks relative to the price
`axis.
`
`BookTrader displays an order
`entry region (e.g., Buy column
`in yellow and Sell column in
`green, as shown in Figure 1)
`comprising a plurality of
`graphical areas for receiving
`single action commands to set
`trade order prices and send
`trade orders, each graphical area
`corresponds to a different price
`level along the price axis.
`
`
`BookTrader allows for the
`selection of a particular
`graphical area in the order entry
`region (e.g., Buy or Sell
`columns) through a single
`
`
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`Page 5 of 123
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`

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`action to both set a price for the
`trade order and send the trade
`order having a default quantity
`to the electronic exchange. See
`IBG00003784 at p. 246
`(“Create an order at any price,
`including the best bid and ask,
`with a single click in the
`BookTrader price ladder.”), at
`p. 11193 (“Auto-save default
`size- when checked, any change
`you make to the quantity of an
`order is saved as the default
`size for that instrument type.”).
`
`
`order and send the trade order
`having a default quantity to
`the electronic exchange.
`
`TRADING TECHNOLOGIES, INC.’S MD TRADER®
`U.S. PATENT NO. 7,676,411
`
`for the trade order and send the
`trade order having a default
`quantity to the electronic
`exchange. See Figure 1; Ex. 1,
`X_TRADER® Version 7.12.X
`User Manual, p. 338 (“Click the
`ladder next to the price at which
`you want to place an order.”); p.
`349 (“Setting the Default
`Quantity”); p. 377 (“MD Trader
`lets you buy or sell products using
`one click of a mouse.”).
`
`
`(up click or down click) or
`double click) to set a price for
`the trade order and send the
`trade order having a default
`quantity to the electronic
`exchange. See Figure 1;
`Figure 3A (“With just a single
`click on any row in the Bid or
`Ask column, you’re able to
`immediately place an order.”).
`
`
`
`6
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`
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`TRADING TECHNOLOGIES, INC.’S MD TRADER®
`U.S. PATENT NO. 7,676,411
`
`
`
`FIGURE 1
` MD TRADER BOOKTRADER
`
`
`MATRIX
`
`
`
`
`
`7
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`TRADING TECHNOLOGIES, INC.’S MD TRADER®
`U.S. PATENT NO. 7,676,411
`
`
`
`FIGURE 2
`
`MD TRADER
` Time 1 Time 2
`
`
`BOOKTRADER
` Time 1 Time 2
`
`
`
`
`
`8
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`
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`TRADING TECHNOLOGIES, INC.’S MD TRADER®
`U.S. PATENT NO. 7,676,411
`
`MATRIX
`
`Time 1
`
`
`
`
`
`
`Time 2
`
`9
`
`
`
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`Page 9 of 123
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`TRADING TECHNOLOGIES, INC.’S MD TRADER®
`U.S. PATENT NO. 7,676,411
`
`FIGURE 3A
`
`FIGURE 3B
`
`
`
`10
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`Page 10 of 123
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`TRADING TECHNOLOGIES, INC.’S MD TRADER®
`U.S. PATENT NO. 7,676,411
`
`
`
`
`
`CLAIM 9 TT’S MD TRADER® WINDOW
`
`TRADESTATION’S
`MATRIX WINDOW
`The Matrix window
`dynamically displays an
`entered order indicator (see
`Entered Order Indicator in
`Figure 4) at a graphical
`location, aligned with a
`price level of the plurality of
`price levels, wherein the
`entered order indicator
`represents a user’s trade
`order working (e.g., S:
`0/500) at the price level
`aligned with the entered
`order indicator (e.g., 25.02).
`See Figure 4.
`
`INTERACTIVE BROKER’S
`BOOKTRADER WINDOW
`BookTrader dynamically
`displays an entered order
`indicator (e.g., at least the 100 in
`the “Size” column) at a graphical
`location aligned with a price
`level of the plurality of price
`levels, where the entered order
`indicator represents a user’s
`trade order working at the price
`level aligned with the entered
`order indicator. See Figure 4.
`
`
`The MD Trader window
`dynamically displays an entered
`order indicator (see Entered Order
`Indicators in Figure 4) at a graphical
`location, aligned with a price level
`of the plurality of price levels,
`wherein the entered order indicator
`represents a user’s trade order
`working (e.g., S: 0; W:1) at the price
`level aligned with the entered order
`indicator (e.g., 129230). See Figure
`4; Ex. 1, X_TRADER® Version
`7.12.X User Manual, p. 347
`(“Abbreviations in the working
`column help you track your working
`orders.”).
`
`
`
`9. The method of claim 1,
`further comprising
`dynamically displaying an
`entered order indicator at a
`graphical location aligned
`with a price level of the
`plurality of price levels,
`wherein the entered order
`indicator represents a user’s
`trade order working at the
`price level aligned with the
`entered order indicator.
`
`
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`11
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`TRADING TECHNOLOGIES, INC.’S MD TRADER®
`U.S. PATENT NO. 7,676,411
`
`
`
`FIGURE 4
` MD TRADER BOOKTRADER
`
`MATRIX
`
`
`
`12
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`TRADING TECHNOLOGIES, INC.’S MD TRADER®
`U.S. PATENT NO. 7,676,411
`
`10. The method of claim 9,
`further comprising canceling
`the user’s trade order
`represented by the entered
`order indicator in response
`to a single action of the user
`input device with the cursor
`of the user input device
`positioned over the entered
`order indicator.
`
`The MD Trader window cancels the
`user’s trade order represented by
`the entered order indicator in
`response to a single action (e.g.,
`single click) of the user input
`device with the cursor of the user
`input device positioned over the
`entered order indicator. See Figure
`4; Ex. 1, X_TRADER® Version
`7.12.X User Manual, p. 347 (“To
`delete a single order, click its cell in
`the Working Quantity column.”).
`
`
`
`CLAIM 10 TT’S MD TRADER® WINDOW TRADESTATION’S
`MATRIX WINDOW
`The Matrix window
`cancels the user’s trade
`order represented by the
`entered order indicator
`in response to a single
`action (e.g., single click
`(Up Click or Down
`Click) or double click)
`of the user input device
`with the cursor of the
`user input device
`positioned over the
`entered order indicator.
`See Figure 3B; Ex. 2,
`Lesson Three (“To
`cancel an order, click on
`any active order in the
`Orders column to cancel
`it.”).
`
`
`
`INTERACTIVE BROKER’S
`BOOKTRADER WINDOW
`BookTrader cancels the user’s trade
`order represented by the entered order
`indicator in response to a single
`action of the user input device (e.g., a
`left click of a mouse) with the cursor
`of the user input device positioned
`over the entered order indicator (e.g.,
`over the “Size” column of the entered
`order indicator).
`
`
`INTERACTIVE BROKER’S
`BOOKTRADER WINDOW
`BookTrader receives a re-centering
`command to center the inside market
`in a window of the graphical user
`interface provided by the
`BookTrader. See Figure 4; see also
`Ex. 3, IBG00003784 at p. 253 (“Set a
`
`
`
`CLAIM 11 TT’S MD TRADER® WINDOW TRADESTATION’S
`MATRIX WINDOW
`The Matrix window
`centers the inside market
`upon receipt of a re-
`centering command by
`the user, such as by
`clicking the middle
`
`11. The method of claim 1,
`further comprising receiving
`a re-centering command to
`center the inside market in a
`window of a graphical user
`interface.
`
`The MD Trader window centers the
`inside market upon receipt of a re-
`centering command by the user,
`such as by pressing the spacebar on
`a keyboard or double-clicking in
`the Price column. See Figure 1; Ex.
`
`
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`TRADING TECHNOLOGIES, INC.’S MD TRADER®
`U.S. PATENT NO. 7,676,411
`
`1, X_TRADER® Version 7.12.X
`User Manual, p. 344 (“To center
`the market: Press the Spacebar.”);
`p. 362 (“Double-click the Price
`column to recenter the MD Trader
`grid.”).
`
`mouse button in the
`Price column or by right
`clicking on the Matrix
`window, then left
`clicking “Center At,”
`followed by left clicking
`on “Last,” “Bid,”
`“Mid,” or “Ask.”. See
`Figure 5.
`
`FIGURE 5
`
`
`hotkey to recenter the focus to either
`the last traded price, or the midpoint
`bid/ask price. Set the re-center focus
`using the Settings page in the
`BookTrader configuration area.”).
`
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`14
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`Exhibit 1
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`Exhibit 1
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`Page 15 of 123
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`
`X_TRADER®
`Version 7.12.X
`User Manual
`
` VERSION 7.X
`DOCUMENT VERSION 7.12.0.DV1 3/5/14
`
`
`
`Page 16 of 123
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`

`
`This document and all related computer programs, example programs, and all TT source code are the exclusive
`property of Trading Technologies International, Inc. (“TT”), and are protected by licensing agreements,
`copyright law and international treaties. Unauthorized possession, reproduction, duplication, or dissemination
`of this document, or any portion of it, is illegal and may result in severe civil and criminal penalties.
`
`Unauthorized reproduction of any TT software or proprietary information may result in severe civil and criminal
`penalties, and will be prosecuted to the maximum extent possible under the law.
`
`Information in this document is subject to change without notice. Companies, names, and data used in examples
`herein are fictitious unless otherwise noted. No part of this document may be reproduced or transmitted in any
`form or by any means, electronic or mechanical, for any purpose, without the express written permission of TT.
`
`All trademarks displayed in this document are subject to the trademark rights of TT, or are used under agreement
`by TT. These trademarks include, but are not limited to, service brand names, slogans and logos and emblems
`including but not limited to: Trading Technologies®, the Trading Technologies Logo, TT™, X_TRADER®,
`X_RISK®, MD Trader®, Autospreader®, X_STUDY®, TT_TRADER®, TT CVD®, ADL®, Autotrader™, TT Trainer™,
`Back Office Bridge™, TTNET™. All other referenced companies, individuals and trademarks retain their rights. All
`trademarks are the property of their respective owners. The unauthorized use of any trademark displayed in this
`document is strictly prohibited.
`
`Copyright © 2004-2014 Trading Technologies International, Inc.
`All rights reserved.
`
`
`
`Page 17 of 123
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`

`
`WHAT'S NEW IN 7.12.X
`WHAT'S NEW IN 7.12.5
`WHAT'S NEW IN 7.12.4
`WHAT'S NEW IN 7.12.3
`WHAT'S NEW IN 7.12.2
`AUDIT TRAIL
`MARKET WINDOW
`ORDERS AND FILLS WINDOW
`POSITION WINDOW
`WHAT'S NEW IN 7.12.1
`FLOATING ORDER ENTRY
`HOTKEYS
`WHAT'S NEW IN 7.12
`FLOATING ORDER BOOK
`ORDERS AND FILLS WINDOW
`MARKET GRID
`ORDER ENTRY
`GTC and GTDate Order Restriction
`Wholesale Orders
`Price Control Restriction
`RTD GENERATOR
`ADL™ (ALGO DESIGN LAB)
`Exporting ADL™ Values
`Setting Algo Order Color
`FEATURES REMOVED
`RELOAD ORDERS IN THE MARKET GRID
`
`ABOUT THIS MANUAL
`INTRODUCTION TO X_TRADER®
`CONVENTIONS
`KEYBOARD FORMATS
`RELATED DOCUMENTATION
`X_TRADER TRADING SYSTEM
`
`CHAPTER 1: GETTING STARTED
`
`CHAPTER 2: SETTING GUARDIAN MODE
`PRODUCTION LOGIN PROCEDURES
`RECOGNIZING ACTIVE EXCHANGES
`MARKET EXPLORER
`GUARDIAN
`X_TRADER® PRO LICENSE
`
`Table of Contents
`
`2
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`X_TRADER® User Manual
`
`- iii -
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`Trading Technologies International, Inc.
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`Page 18 of 123
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`

`
`Table of Contents
`
`CREATING A CUSTOMER PROFILE
`USING WORKSPACES
`ENTERING AN ORDER
`ORDER MESSAGES IN THE AUDIT TRAIL
`EXITING X_TRADER
`AUTOMATICALLY START AND STOP X_TRADER
`AUTOMATIC SHUTDOWN OF X_TRADER
`FORCED LOGOFF
`RUNNING X_TRADER IN SIMULATION MODE
`SIMULATION LOGIN PROCEDURES
`TRADING IN SIMULATION MODE
`Unsupported Functionality
`Supported Order Types
`Synthetic Orders
`Supported Changes to Simulation Orders
`Market Updates
`Simulated Trading After Market Close & Custom Markets
`Matching Engine
`Strategies
`Audit Trail
`Algos
`X_STUDY
`Autospreader
`Risk Checking
`SIMULATION SETTINGS
`
`CHAPTER 3: COMMON ADMINISTRATIVE TASKS
`POPULATING WINDOWS WITH CONTRACTS
`USING THE TT MINIMIZER
`USING TABBED WINDOWS
`USING THE INSTRUMENT EXPLORER
`USING THE ALGO VARIABLES DIALOG
`FILTERING OVERVIEW
`SETTING A COLUMN FILTER
`SETTING AN ADVANCED COLUMN FILTER
`CLEARING A COLUMN FILTER
`CLEARING ALL FILTERS
`SETTING AUTO FILTERS
`EFFECTS OF FILTERS
`FORMATTING FONTS
`CHANGING THE FONT STYLE
`CHANGING GLOBAL COLORS OF WINDOWS OR TEXT
`CHANGING INDIVIDUAL COLORS OF GRIDS OR TEXT
`FORMATTING GRIDS
`SETTING THE DEFAULT VISIBLE COLUMNS
`MOVING ROWS OR COLUMNS
`HIDING ROWS OR COLUMNS
`RESTORING HIDDEN ROWS OR COLUMNS
`
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`- iv -
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`X_TRADER® User Manual
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`Page 19 of 123
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`
`CHANGING THE HEIGHTS OF ROWS OR THE WIDTHS OF COLUMNS
`FRAME COMMAND BAR OVERVIEW
`RESIZING A WINDOW GRID
`PRINTING
`
`CHAPTER 4: PROPERTIES MENU OVERVIEW
`PROPERTY TAB NAMES
`TRADING TAB
`Admin Alert Messages
`ORDER ENTRY TAB
`ORDERS TAB
`COUNTERPARTY MEMBERS DIALOG BOX FIELDS
`MANAGING COUNTERPARTY MEMBERS
`FILL TAB
`POSITIONS TAB
`AUDIT TRAIL TAB
`ALERTS TAB
`SOUNDS TAB
`Suggestions
`Contract High and Low Sounds
`Adding an Event Sound
`Changing or Removing an Event Sound
`COLOR TAB
`CHANGING GLOBAL COLORS OF WINDOWS OR TEXT
`TIME AND SALES TAB
`SPREAD MATRIX TAB
`Example: Spread Matrix Outright Price Display
`MD TRADING TAB
`Managing TradeSounds
`Hearing TradeSounds
`MD DISPLAY TAB
`MD COLOR TAB
`MD ADVANCED TAB
`QUOTE BOARD TAB
`HOTKEYS TAB
`Hotkey Restrictions
`ALERTS TAB
`PROPERTIES AUTOSPREADER TAB
`
`CHAPTER 5: CUSTOMER DEFAULTS AND ORDER DEFAULTS SETUP
`CUSTOMER DEFAULTS SETUP
`TTUS INTEGRATION WITH CUSTOMER DEFAULTS
`CUSTOMER DEFAULTS DIALOG BOX FIELD DESCRIPTIONS
`CREATING A CUSTOMER DEFAULTS PROFILE
`CHANGING A CUSTOMER DEFAULTS PROFILE
`DELETING A CUSTOMER DEFAULTS PROFILE
`USING THE SAME CUSTOMER PROFILE NAME
`SHARING YOUR CUSTOMER DEFAULTS PROFILE
`
`Table of Contents
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`87
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`88
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`104
`106
`109
`111
`113
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`X_TRADER® User Manual
`
`- v -
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`Trading Technologies International, Inc.
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`Page 20 of 123
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`Table of Contents
`
`USING THE CUSTOMER LIST
`SETTING CUSTOMER DEFAULTS TO READ-ONLY
`Market-Based Customer Profiles
`ORDER DEFAULTS OVERVIEW
`ORDER DEFAULTS FIELD DESCRIPTIONS
`CREATING A TEMPLATE FROM THE ORDER PANE
`ASSIGNING AN ORDER TEMPLATE TO A CUSTOMER PROFILE
`USING ORDER TEMPLATES IN MD TRADER
`USING THE SAME ORDER TEMPLATE NAME
`COMMON USES
`
`CHAPTER 6: CONTROL PANEL OVERVIEW
`FINDING THE CONTROL PANEL
`OPENING A FUNCTIONAL WINDOW
`CHANGING THE SIZE OF THE TOOLBAR
`ADDING HIGH AND LOW ALERTS
`STARTING PLUG-INS
`WORKSPACE SETUP
`MULTIPLE WORKSPACES
`CREATING A WORKSPACE
`OPENING A WORKSPACE
`SAVING A WORKSPACE
`MANAGING A STARTUP WORKSPACE
`FIXING A WORKSPACE
`DELETING A WORKSPACE
`CONTROL PANEL ICON AND MENU DESCRIPTIONS
`THE TOOLBAR
`FILE MENU
`SETTINGS MENU
`WINDOW MENU
`HELP MENU
`
`CHAPTER 7: AUDIT TRAIL OVERVIEW
`HELD ORDERS
`FILTERS
`AUDIT TRAIL COLUMN DESCRIPTIONS
`AUDIT TRAIL CONTEXT MENU
`CUSTOMIZING EXCHANGE ANNOUNCEMENTS
`RECORDING SYNTHETIC ORDERS
`AUDIT TRAIL HISTORY
`AUDIT TRAIL MESSAGE TYPES
`ORDER MESSAGES
`EXCHANGE ANNOUNCEMENTS
`GATEWAY ALERTS
`ERROR MESSAGES
`PROPERTIES FOR THE AUDIT TRAIL WINDOW
`STORING FILES
`CONCISE AUDIT TRAIL
`
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`- vi -
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`X_TRADER® User Manual
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`Page 21 of 123
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`
`CHAPTER 8: MARKET EXPLORER OVERVIEW
`MARKET EXPLORER FIELD DESCRIPTIONS
`MARKET EXPLORER ADVANCED FIELD DESCRIPTIONS
`SEARCHING FOR A PRODUCT
`RENAMING CONTRACTS
`POPULATING WINDOWS WITH CONTRACTS
`
`CHAPTER 9: MARKET WINDOW OVERVIEW
`ORDER PANE OVERVIEW
`ORDER PANE FIELD DESCRIPTIONS
`ALGO ORDER PANE FIELD DESCRIPTIONS
`USING THE ORDER PANE CONTEXT MENU
`SUBMITTING AN ORDER USING THE ORDER PANE
`LAUNCHING AN OTA FROM THE ORDER PANE
`CONFIRMING YOUR ORDER
`USING THE MOUSE TO CONTROL ORDER QUANTITY AND PRICE
`CUSTOMIZING THE QUANTITY BUTTONS
`SETTING THE DEFAULT QUANTITY
`CLOSING THE ORDER PANE
`CREATING A TEMPLATE FROM THE ORDER PANE
`CONFIRMING THE STATUS OF MARKET ORDERS
`MARKET GRID PANE OVERVIEW
`Market Grid Pane Field Descriptions
`CUSTOMIZING THE VIEWABLE MARKET GRID COLUMNS
`USING THE MARKET GRID CONTEXT MENU
`ADDING SPACER ROWS
`HIGHLIGHTING IN THE MARKET GRID
`Highlighting Your Orders
`Best Price Highlighting
`VIEWING PRICE TREND INDICATORS IN THE MARKET GRID
`OPENING WHOLESALE ORDERS
`GENERATING AN RTD FORMULA
`VIEWING YOUR ESTIMATED POSITION IN QUEUE
`Market Grid
`VIEWING LIVE-ONLY CONTRACTS
`LAUNCHING AN ALGO IN THE MARKET GRID
`VIEWING MARKET DEPTH
`Adding Price Averages and Accumulations to the Market Grid
`Market Depth Color Coding
`MANAGING LINKS
`Creating Links from X_STUDY
`Creating Links from Excel
`USING FLOATING ORDER ENTRY
`Floating Order Entry Notes
`USING MULTIPLE FLOATING ORDER ENTRY WINDOWS
`PINNING YOUR FLOATING ORDER PANE
`SEEDING THE FLOATING ORDER ENTRY
`LAUNCHING VIA THE NET POSITION FIELD
`
`Table of Contents
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`X_TRADER® User Manual
`
`- vii -
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`Page 22 of 123
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`
`Table of Contents
`
`LAUNCHING VIA THE LAST TRADED FIELDS
`FLOATING DEPTH WINDOW
`FLOATING DEPTH WINDOW EXAMPLES
`TRADING WITH THE ORDER BAR
`ORDER BAR FEATURES
`ORDER BAR PROCEDURES
`MODIFYING AN ORDER WITH THE ORDER BAR
`KEYBOARD TRADING WITH THE ORDE