Download User Guide - Berkeley Futures Limited

Trading With J-Trader
Field, etc.
Lots
Enter or select
accounts are listed in the dropdown selection list. See Setting Default Accounts (page
25).
Select or type the number of lots to trade.
Tip: You can set a default number of lots per exchange, instrument and contract, using
the Settings screen, Contract tab, Default Quantity sub-tab.
6 Within the pane for the option you want to trade, set the following:
Field, etc.
Lock:
Explanation
When ticked, fixes the display of the at-the-money strike at the centre of the screen,
with two ‘Hi’ and two ‘Lo’ strikes above and below.
When the checkbox is off, all prices are displayed.
Add and subtract high/low strikes:
i Hi = high strikes, and Lo = low strikes. Click Hi to switch to Lo (and vice versa).
ii Click + to add a strike, or – to remove one. Notice how the number of rows
increases or decreases accordingly.
C Bid Size
...
The various combinations of volumes/prices, bids/calls, and puts/offers, at the
indicated strike prices.
P Offer Size
7 If you want to view and trade implied prices (displayed with an asterisk), tick Implied Prices.
8 To trade, you can use the Reflector and Trade buttons, which are the same as their Hot Quotes
counterparts. You can also click on any cell, except Last Traded:
Notice the colour scheme for cells: white = volume, blue = bids, and pink = offers.
Clicking here
Bid
Offer
C Bid Size
P Offer Size
Does this
Creates an order for the underlying:
Bid (left field): The left field gives you a price, so clicking here gives you a limit
order, at the displayed bid price.
Bid (right field): This field gives you a volume, so clicking here gives you a market
order, at the displayed bid volume.
Offer (left field) and Offer (right field): Same as their Bid counterparts, except that
they are for offers instead.
Note: These fields are not affected by the —Clicking on Size - Action— radio buttons in
the Settings screen, Trading tab.
The various columns give all combinations of volumes/prices, bids/calls, and
puts/offers, at the indicated strike prices:
• Clicking a volume creates a market order.
• Clicking a price creates a limit order, at the relevant price.
If you hover the cursor over a price cell, you get a tick bar. Using the arrow icons
(down for offers, up for bids) on the tick bar, you can select a price beyond the range
first displayed.
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