5. Entering Prices
5.1
Left click on ‘Options’ then left click on ‘Edit All Prices’ to toggle open/close the price entry area. (See fig 19)
Fig 17
5.2
Alternatively, left click on ‘single head’ arrow to toggle open/close the price entry area. (See fig 19)
Fig 18
5.3
This view shows the ‘My Prices’ area open.
Fig 19
5.4
Left click on options and select ‘Adjust Settings’
Fig 20
5.5
This will launch the ‘Settings’ dialog box.
Fig 21
5.6
Enter the ‘Time Out’ (number of minutes) and ‘Lower and Upper Spot Out’ limits. Prices will be automatically ‘reffed’ if time limit is exceeded or spot limits are breached.
Enter default size (amount in which prices will be submitted unless changed at time of entry).
Fig 22
Click on ‘Ok’ to submit levels
(nb these default sizes and limits will only be applied to prices submitted after the settings are entered) i.e. prices already live will not be affected.
5.7
Left click on the desired tenor date field i.e. 1M and cursor will default to the 1 Month Bid area.
Enter Bid (in .05 increments), press ‘Tab’ key and enter Offer. Default size is automatically entered.
Fig 23
5.8
Click on ‘Submit’ beside Bid/Offer to submit to market. (or CTRL + S to submit both bid and offer for selected tenor or ALT + S to submit all prices for currency pair).
Fig 24
Background flashes yellow to market to indicate price changes.
5.9
Live prices for ‘Your Institution’ are shown in Red.
Fig 25
5.10
Additional Prices may be entered.
Fig 26
Click on ‘Submit’ beside Bid/Offer to submit to market. (or CTRL + S to submit both bid and offer for selected tenor or ALT + S to submit all prices for currency pair).
5.12
To recap
Blue Prices Prices input by another Institution.
Red Prices Prices input by your Institution.
Black Prices Stack of Prices of which your Institution is a part.
Fig 27
5.13
To see where your price is in the stack, right click anywhere in the appropriate tenor. This will display the ‘depth of market’ drop down. Prices and amounts are shown from the top down.
Fig 28 Shows Your 8.5 bid 1st in the queue for 25euros and Your 8.8 offer 2nd in the queue for 25euros
Fig 28
