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`Page 874 of 890
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`TRADING TECH EXHIBIT 2233
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`
`
`TradeStation’s MATRIX window~ext Generation Market Depth for Futures, Equities, Options and Now Forex
`
`TradeStation Securities
`
`Strategy Network
`
`Developer Center
`
`Prime Services
`
`TradeStatior :Securides
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`THE LEADER IN RULE-BASED TRADINGTM
`
`Call a TradeStation Specialist
`800.808.9336
`
`ISearch..
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`Brokerage Services
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`Trading PLatform
`
`i
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`Open an Aocount
`
`t
`
`Suoport
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`World’s Best Charting
`Real-time Market Monitoring &
`Ranking
`Custom Market Scanning
`Ne~ Generation Market Depth
`Options Ana[ytics
`Advanced Desktop Topis
`300+ Add-on Topis
`
`TradeStation’s MATRIX Window--Next Generation Market Depth
`for Futures, Equities, Options and Forex
`~’~ View MATRIX Window Demo
`
`T~is c~mr~
`
`TradeStation’s MATRIX window
`combines the benefits of the
`market depth window, a highly-
`advanced order entry tool, and an
`order tracking system, all in one
`window.
`
`With just a single glance at this
`screen, you’re able to see all bids,
`bid sizes, asks, ask sizes, last
`trade and trading volume at each
`price level for the day.
`
`The Matrix window can also show
`you bid/ask market depth for
`futures, equities (including ECNs)
`and options.
`
`With just a single click on any row
`in the Bid or Ask column, you’re
`able to immediately place an
`order. Your order then appears in
`the Order column. To cancel an
`order, simply click on that order in
`the Order column. To
`cancel/replace an order, simply
`drag and drop it to a different
`price. Once your order is filled,
`you’re able to view your open
`position profit/loss in the P&L
`column and place an order to
`close the position at the desired
`level with just a click of your
`mouse.
`
`ea~ ~e I~1 Ior
`
`Click once h~re to
`place a~ exil or~
`~ a $220
`
`Click once he[e
`~n~el ~is ~
`~rder
`
`Drag & Dr~ff ~o a
`di~erenl ~ice
`
`Click once he[e
`~lace a setl ord~
`a~ $28.~7
`
`Y~I~ highlight
`
`Click once he[e
`place a buy
`
`Click ortce h~re
`place an exil ordel
`~a~ ~11 limi~ ~oss ~o
`
`Righ[ ¢l~ck
`en ~w ~o view
`order bar ~or
`entering
`e~ig~ orde~
`
`The Matrix window supports the full functionality of TradeStation’s futures, equities, options and forex order execution
`capabilities. That means that you can specify order types, order duration, and other settings, in addition to advanced
`orders for equities, including Show Only, Discretionary, Non-Display, Peg, etc.
`Auto Order Types and Shorlcul Menu
`New logic now allows you to place a limit or stop order depending on where you click on the Bid Size and Ask Size
`columns, without having to change the Order Type. For example, clicking on the Bid Size column above the inside ask
`will place a stop order, while clicking any row below that will place a limit order. A new shortcut menu allows you to
`change your order route and/or cancel or replace your order with a single click.
`Automatically roll your options position
`Roll your option position to the next expiration date without exposing yourself to the potential market exposure by
`legging out and then back into your position. Choosing to roll your option position will close your existing position and
`create a new position in the next expiration all in one order.
`
`http://www.tradestation.com/strategy~esting/market depth.shtm[9/9/2010 11:30:49 AM]
`
`TS0002226
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`Page 875 of 890
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`TRADING TECH EXHIBIT 2233
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`
`
`Trade Station’s MATRIX window Next Generation Market Depth for Futures, Equities, Options and ~-~ow Forex
`
`ImporLant Information I Notice to Online Traders I Online Identity Theft and Security Reminders I TvadeStation Securities Account Agreement for Securities Accounts I TradeStation
`Securities Account Agreement for Futures Accounts I TradeStation Technologies Subscription Agreement I Day-Trading Risk Disclosure I Extended Hours Trading Risk Disclosure I
`Margin Disclosure Statement I Risk Disclosure Statement For Security Futures Contracts I Characteristics and Risks of Standardized Options I Description and CerLain Risks of Forex
`Trading I Risk Disclosure Statement for Futures and Futures Options I Exercise and Assignment Policy for- Futures Options I New York Board of Trade Electronic Order Routing Systems
`Disclosure Statement I Trading and Order- Routing Disclosure Statement for- Futures Trades I Special Statement for Uncovered Options Writers I Anti-Money Laundering Requirements I
`Business Continuity Plan Disclosure I Truth-in-Lending Disclosure Statement I Web Site User Agreement, Disclaimers and CerLain Legal Notices I Privacy Policy
`
`Site Map I Contact Us I Investor Relations I Terms of Use I Online Security I Privacy Policy I Customer Agreements I Business Continuity I Legal Statements I Careers
`Copyright ~ 2001-2050 TradeStation Securities, Inc. A!l rights reserved. The Leader in Rule-Based Trading tag line is based on industry/ awards and reviews.
`
`Member NYSE, FINRA, NFA & SIPC. A subsidiary of TradeStation Group, Inc. (Nasdaq Symbol: TRY, D)
`
`hitp://www.tradestatio~com/strategytesting/market depth.shtm[9/9/2010 11:30:49 AM]
`
`TS0002227
`
`Page 876 of 890
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`TRADING TECH EXHIBIT 2233
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`
`
`
`
`
`
`Exhibit 5
`
`Page 877 of 890
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`TRADING TECH EXHIBIT 2233
`IBG et al. v. TRADING TECH. - CBM2016-00054
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`
`
`Page 878 of 890
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`TRADING TECH EXHIBIT 2233
`IBG et al. v. TRADING TECH. - CBM2016-00054
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`
`
`Page 879 of 890
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`TRADING TECH EXHIBIT 2233
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`
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`Page 880 of 890
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`
`
`Page 881 of 890
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`
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`Page 882 of 890
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`
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`Page 883 of 890
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`
`
`Page 884 of 890
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`
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`Page 885 of 890
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`
`
`
`
`Exhibit 6
`
`Page 886 of 890
`
`TRADING TECH EXHIBIT 2233
`IBG et al. v. TRADING TECH. - CBM2016-00054
`
`
`
`TWS Build 950 - June 25, 2015
`
`Trader Workstation
`Users' Guide
`
`'ownload the software to your PC and
`· ~ed version allows you to access your
`;nternet browser. and is always
`-memory and may run faster. but
`*new features. To download to
`
`lect Trader Wod<station
`
`•sername and
`
`IBG_00003784
`
`Page 887 of 890
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`TRADING TECH EXHIBIT 2233
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`
`
`BookTrader
`Create an order at any price, including the best bid and ask, with a single click i:n the BookTrader ptice ladder.
`
`Open BookTrader
`
`Create an order at any price, including U1e best bid and ask, with a single click in the BookTrader price ladder.
`BookT r ader displays as a separate window [or whichever contract you select. It shows a series of prices above and
`below U1e best bid and ask in the price ladder.
`
`To open BookTrader
`
`1. Select a contract on the trading page.
`
`2. Right. click and select T r ad ing Tools, Uu~u select. BookTrader.
`
`Show Legs
`
`Insert Row
`Qelete Row
`
`.(;;_lear Row
`J;.dit
`
`Trading Tools
`
`Analytical Tools
`
`.(;;_harts
`
`What-If
`
`CQntract Info
`
`Edit Dividend Schedyle
`
`Configure Order Presets
`
`Contract Displa y _Mode
`
`Accumulate/Distribute
`
`§ookTrader
`
`QptionTra der
`
`~caleTrader
`
`SQreadTrader
`
`_Market Depth
`
`Integrated Stock Window
`
`Orders transmitted from BookTrader are djsplayed on tl1e Pendju g page and in the Orders panel of tl1e Book Trader.
`
`NOTES:
`
`ITWS Users' Guide
`- - - - - - - - - - - - - - - -
`
`' - ·
`
`I BG _ 00004029
`
`Page 888 of 890
`
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`
`
`
`
`Trading Tools
`
`1 The munber of deep book data windows that you can display at one time (including BookTrader, TSW and Mar
`ket Depth) is equal to 1 for every 100 allowed lines of market data, with a minimum of three and a maximum of
`30. Market data allowance is based on commissions, available equity a.nd otl1er criteria. So a client with lhe min
`imum a llowance of 100 lines ofmarket data will be able to open .3 deep book windows. /1. client with an allow
`ance of 500 lines of market data ''~II be able to open 5 unique deep book windows , For details on how market
`data allowances are calculated, see the Market Data and News overview page on the mwebsite.
`• When s11bscription deep book data is at its window limit, additional wh1dows \\~II display aggregated top level
`data, and the Deep Button panel will be hidden.
`
`' By defaull BookTradt.'f uses specific colors to convey infonnation. You can customize these colors by clicking
`U1e Configure button on UH;: toolbar, and them selecting BookTradet Colors.
`
`1 The current Cumulative Bid and Ask size-S are displayed at U1e top of the Bid Size and Ask Size cohnm1s. To tum
`thi s feature off. use lhe Configu re > Sertil)gs page.
`
`1 When tl1e inside market (or last trade price) moves outside the display area, the ladder will automatically re-center
`on the inside market (or last trade price). When the user is scrolling the ladder using either U1e U p/Down arrow
`keys or tl1e scrollbars. and the inside market (or last trade price) fall s outside of t11e display area, auto-recentering
`will occur rive seconds after the user bas completed scrolling. Tltis five-second time period is counted down visu
`ally using an optional animated pmgress bar which is conligurable in the Re-center panel of the BookTrader Set
`tings page.
`
`, By default, clicking i.n any size tield initiates an order. Jflhe order hru;n't fil led and you click another size, the cor
`rent unexecuted order is canceled and replaced with the new order. You can modify the way multiple same-side
`orders are handled from the Settinzs page in BookTrader contiguration.
`
`, You cm1 open a blank BookTrader window by clicki.ng the BookTrader icon on the trading toolbar. Use the
`Underly ing tteld to initiate c-ontract selecli.ou.
`
`Trade with BookTrader
`
`To trade witl1 BookTrader, click U1e Bid Size or /l.sk Size at a certain price level in the price ladder. ne first time you
`sttbmit an order. you will be asked to confimJ tl1e order parameters . .In tl1is box you have the option not to show U!e con
`fimlation box agaiu, and ifyou eleet this option your orders will tr•msmit in.staut<Uleously from that point forward.
`
`Default mouse actio11S are descdbeu below. You can modifY 1he default settings 1hat cotltrol bow orders aJ1;l handled
`using the Settings page in BookTtad er configuration.
`
`By default. tl1e option to Use conle.xr cursors in armed mode is activated on the BookTrader Settings configuration page.
`This feature displays helpJhl order-related intb nnation when you hold your cursor over the Bid Size or Ask Size 1)eld in
`the price ladder.
`
`'TWS Users' Guide
`
`247
`
`IBG_00004030
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`
`
`Trading Tools
`
`Cancel Sub
`Order
`
`Decrease
`Book Trader
`Order Size
`
`Increase
`Book Trader
`Order Size
`
`Re-center
`
`Create Orde rs
`
`Add Auto
`Stop Order
`
`Add Trailing
`Stop Order
`
`Attach
`Bracket
`Orders
`
`Buy
`
`This hotkey will cancel an order in the Price Ladder.
`
`Set a left or right mouse-click event for a specific field that will decrease the order
`size of any BookTrader order by whatever number of ticks you define.
`
`Set a left or right mouse-click event for a specific field that will increase the order
`size of any BookTrader order by whatever number of ticks you define.
`
`Set a hotkey to recenter the focus to either the last traded price, or the midpoint
`bid/ask price. Set the re-center focus using the Se11ings page in the BookTrader
`configuration area.
`
`Attaches an opposite- side stop order to the selected order.
`
`Attaches an opposite- side trailing stop order to the selected order.
`
`Attaches a pair of orders (a limit and a stop order) to bracket the selected order.
`
`Creates a buy order for U1e selected asset.
`
`Buy or Sell
`Specific
`Product
`
`Create a hotkey to buy or sell a specific product with it's own default order type,
`linut price, stop offset, time in force . etc. Use the Customize tab of the Configure
`Hotkey box to set product- specific details.
`
`If you select Book Trader Price for any of the price configurations, you will only
`be able to set a mouse-click shortcut since using the BookTrader Price requires
`you to click on a price in fue price ladder.
`
`Creates an opposite- side order to close out the position on the selected contract.
`
`Close Pos-
`ition
`
`Reverse Pos-
`ition
`
`Creates an opposite- side order to reverse the position on the selected contract. By
`default you need to transmit the order manually, but you can elected to have tlus
`hotkey transmit reverse position orders instantaneously by checking the feature in
`the Custom ize area of the Configure Hotkey box.
`
`Sell
`
`Creates a sell order for the selected asset.
`
`Modify/T r a nsmit Orde r s
`
`1WS Users' Guide
`
`253
`
`I BG 00004036
`
`Page 890 of 890
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