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Download User Guide - Berkeley Futures Limited

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Glossary<br />

SARA<br />

System And Risk Administration: an administration tool for monitoring trading activity on J-Trader,<br />

and maintaining data required by J-Trader.<br />

single-click trading<br />

(Also known as one-click trading) Trading where the moment you activate an order, the order is sent<br />

straight to the exchange without any confirmation message or trade ticket.<br />

If you want single-click trading, you untick the Show Trade Confirm checkboxes in the Settings<br />

screen, Trading tab (page 16). Be very careful, though: this means you can’t amend a trade it before it<br />

is sent to the exchange.<br />

SODNLV<br />

Start-Of-Day Net Liquidity Value, namely the trading funds available to an account.<br />

split bar<br />

The horizontal bar, in the middle of a Patsystems Reflector screen, that separates the best bid and<br />

best offer prices.<br />

synthetic order<br />

Order, processed by SyOMS, for mimicking order types not supported by a particular exchange.<br />

Examples include synthetic versions of stops, GTCs and GTDs, and time-triggered orders. See<br />

Trading Synthetic and Timed Orders.<br />

SyOMS<br />

Synthetic Order Management System, a module from Patsystems for managing the flow and execution<br />

of time-triggered orders and synthetic orders.<br />

SyOMS Pro<br />

A version of SyOMS that includes extra order types. See Order Types (page 27).<br />

tick bar<br />

A pop-up list of alternative prices that opens when you place the cursor on the currently displayed best<br />

bid or offer. The background colour indicates whether the prices are bids (red) or offers (blue).<br />

timed order<br />

Order that is activated at a specified date and time. See Trading Synthetic and Timed Orders (page 42).<br />

trade ticket<br />

Screen from which you enter or amend the details of a trade. See Using a Trade Ticket (page 40).<br />

trading window<br />

Screen from which you select all of the trading and reporting functions. See Overview of Trading in<br />

J-Trader (page 26).<br />

© Patsystems Ltd 31/05/2011 15:19:00 77

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