Soops Version 7 Eurolight Trader Client User Guide

in the How to... Chapter for more details.

4.4.4

Initial Margin Details

The Initial Margin Details Settings contains only Initial Margins Columns.

Click the Save button to save your new view settings.

Click the Reset button to revert to the original settings without saving.

4.4.4.1

Initial Margins Columns

In the Initial Margins Columns settings you can define which columns you wish to have displayed and with what width.

See

in the How to... Chapter for more details.

4.4.5

Positions

The Positions Settings contains only Positions Columns.

Click the Save button to save your new view settings.

Click the Reset button to revert to the original settings without saving.

4.4.5.1

Positions Columns

In the Positions Columns settings you can define which columns you wish to have displayed and with what width.

See

Warn user about pending orders when exiting the application option'

in the How to... Chapter for more details.

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4.4.6

Event Log

The Settings Book

The Financial Module Event Log only has the Message Columns setting.

Please note however that in the Financial Module settings, you can define custom

Event Log

Notification settings.

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4.5 Trader Settings

The Settings Book

The Trader Settings groups display settings for all screens from the Trader module for which you have access.

In the module settings screen above seven tabs are available.

4.5.1

Trader Module Settings

4.5.1.1

Visual

In the Visual tab you can define the default Startup Screen for your Trader module.

The list contains all screens you have access to.

You can enable or disable the display of the following Icons in the trader screens:

Withdraw All

Withdraw Mine

Hold All

Hold Mine

The corresponding menu options remain available via the right click pop-up menu in the trader screens, but please note that the availability of the Hold All and Hold Mine options depend on the market segment configuration.

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4.5.1.2

User Risk Alerts

The Settings Book

With the options in this tab you can set User Risk Alerts for each market segment you have access to.

If you have access to multiple Position Accounts, you can set alerts per account.

You will be warned about exceeding any and all of the values below:

Max. Cash Value

Cash Value Unit

Min. Buy Price

Max. Buy Price

Min. Sell Price

Price Unit

Max. Sell Price

Min. Volume

Max. Volume

Unit

Price x volume of an order may not exceed this value

Currency symbol

Price of a buy order may not be lower than this value. It may be negative

Price of a buy order may not be higher than this value. It may be negative

Price of a sell order may not be lower than this value. It may be negative

Currency default or cents.

Price of a sell order may not be higher than this value. It may be negative

Volume of an order may not be lower than this value.

Volume of an order may not be higher than this value.

Volume symbol

If no values are set, no user risk validation takes place for that account, for that market segment.

Important:

Please note that Bilateral orders are NOT validated, and are handled as if no User Risks are set at all.

Example of a warning message during order entry confirmation.

The red colored submission is explained in the display field below.

Please note that for each submission a separate message will appear if needed.

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There are four different price and volume caps that are validated:

1. User Risk Alerts (user defined minima and maxima). These values are set in the settings screen above and will trigger a warning. Confirmation will accept the order.

2. Exchange defined minima and maxima per account. Orders with prices or volumes exceeding the account parameters will be moved to the operator watchlist to be validated manually.

3. Exchange defined minima and maxima per market segment. During order creation the validation will give a warning message. Order cannot be submitted.

4. System maxima. Orders will be rejected. This maximum is in practice not reached due to earlier validations.

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4.5.1.3

Market Segments

The Settings Book

With this option you can set the priority in which Market Segments are displayed.

Show Market Segments with only open Instruments

Select this option to only display those Market Segments that have Instruments that can be traded on. This is a filter option that is applied to your other settings.

Sort Market Segments alphabetically in order entry screens

This option arranges the list of market segments available in order entry screens in alphabetical order.

To set priorities manually, use the arrow buttons on the right to move selected items in the list up or down. By moving items up, the item will get a higher priority and be displayed higher in the order entry lists.

Default Date Offset

This column indicates the number of days that should be added to the default date entered in any date entry fields in order entry screens where the corresponding market segment is selected. For a

Day Ahead market for instance, this value can be set to '1' to always have the default date set to tomorrow.

Date Offset value must be between 0 and 9.

4.5.1.4

Phase Colours

With this option you can set the colors indicating a certain Market Phase per Market.

These colors will be displayed as a background color in the first column of the Market View.

Select the phase you wish to set a color for.

Click the Set Color button to open the

Color tool .

For each phase, repeat this step.

The Reset Color button sets the color of the selected phase back to the previous saved color setting.

The Reset All Colors does the same, but for all phases.

Click the Save button to save your new settings.

Click the Reset button to revert to the original settings without saving.

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Eurolight Trader Client The Settings Book

4.5.1.5

Event Log Notification

The Event Log Notification settings allow you to set a sound effect for the various events that appear in the Event Log.

You can also force the Event Log screen to the foreground when a certain event occurs, placing the focus on the Event Log.

The following options can be enabled / disabled per event message:

Post message

Popup

Will post this message in the Event Log main view,

Beep

Sound

Will move the cursor focus to the Event Log main view, bringing the view to the front.

This will open the Event Log tool if it was not open yet,

Will generate a beep when this message occurs; see below how to set a custom sound per event.

see below:

Setting a sound:

To set a sound effect for an event, highlight the event. In the Sound pane, click on Browse... to open a Windows Explorer, and navigate to the .wav file you want to set as the sound effect.

You can click Preview to hear the effect without setting it first.

Click any other event if you want to set more effects.

Click the Save button to save your new settings.

Click the Reset button to revert to the original settings without saving.

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4.5.1.6

Account Priorities

The Settings Book

With this option you can set the priority in which your Position Accounts are displayed.

Please note that not all User IDs have sufficient permission to access more than one Position

Account, making this setting superfluous.

Use the arrow buttons on the right to move selected items in the list up or down. By moving items up, the item will get a higher priority and be displayed higher in the market views.

Click the Save button to save your new settings.

Click the Reset button to revert to the original settings without saving.

4.5.1.7

General

In the General tab you can activate or deactivate several warning messages and set values for the validation of these warnings.

Click the checkbox to activate the described warning message.

Click the Save button to save your new settings.

Click the Reset button to revert to the original settings without saving.

4.5.1.7.1 Warnings

Warn user about pending orders when exiting the application

Enabling this option will trigger a warning dialog when logging off from Eurolight while you still have orders pending in the markets.

The dialog itself allows to terminate the log off attempt or to continue with the log off.

4.5.1.7.2 Confirmation

Show confirmation dialog before 'Withdraw All/Mine' orders

This option will give an additional confirmation dialog requesting acceptance of the chosen

Withdraw action.

Show confirmation dialog before 'Hold All/Mine' orders

This option will give an additional confirmation dialogue requesting acceptance of the chosen Hold action.

Please note that this setting depends on availability of the Hold functionality as determined by the market segment configuration.

Show confirmation dialog before 'Submit/Modify/Unhold' orders

This option will give an additional confirmation dialog requesting acceptance of the Submit/Modify/

Unhold action.

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Show confirmation dialog before 'Withdraw/Hold' orders

This option will give an additional confirmation dialog requesting acceptance of the Withdraw/Hold action.

4.5.1.7.3 Confirmation Dialogues

As long as any of the order confirmation dialogues remains open you can not take any action in the rest of the Eurolight Trader Client, until you have taken a submit or cancel action.

The upper pane displays all orders that you are about to submit.

By default all orders submitted will be set to active in this screen only, as indicated by the check marker in front of each order line.

Clicking the Submit button will send the active orders to the exchange servers, while clicking the

Cancel button will close the confirmation dialog without submitting anything.

The left side Select All and Unselect All buttons are aids to help check or uncheck order lines for submission.

In the lower pane a warning message can be displayed for each order that is in violation of your user settings.

Please note that it is still possible to submit such orders unchanged, despite violating your User

settings.

4.5.1.7.4 Withdrawing Orders

Withdraw all orders for my User ID on logout

Enabling this option will automatically withdraw all pending orders currently owned by your User ID when logging off.

We recommend to also set the '

to active when using the Withdraw all orders for my User ID on logout option.

The three connection failure options below allow to set the action that needs to be taken with your pending orders in case some Connection failure is detected.

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4.5.1.7.5 Connection Failure

The Settings Book

Eurolight has an automatic network connection detection mechanism that monitors connection to the exchange servers.

In case Eurolight detects a network failure, one of two settings applies.

User will call Market Operations if he/she wants to withdraw all orders

This option sets no active action automatically. The user needs to take action himself. This is the default setting.

Withdraw all orders after connection failure is detected

This option will automatically withdraw all pending orders for this User ID when a connection failure is detected.

This is exactly the same as if you did the withdraw manually.

Hold all orders after connection failure is detected

This option will automatically put all pending orders for this User ID on Hold when a connection failure is detected.

This is exactly the same as if you did the on Hold manually.

A connection failure can be the result of numerous events. We recommend

contacting the exchange

in case internet connection fails for a prolonged time or fails too often.

4.5.1.7.6 Ticker Log File

The Ticker Log File is an external file that logs all reported events that have appeared in the

Ticker .

-Check the first box when no log file should be maintained. This is the default setting.

-Check the middle box to log all events in a rolling log file. This means that all events will be written to the same log file every time. The file can grow very large over time, so manual cleanup may become necessary.

-Check the lower box to have log files written on a daily basis. These files will be created with the local machine date incorporated in the file name.

All files created will be .csv files that can best be viewed by Microsoft Excel.

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4.5.1.7.7 Password

The Settings Book

Enabling this option will activate an extra authorization mechanism during order entry.

This option enables the Confirmation Dialog for Submit/Modify/Unhold automatically.

Upon opening the Confirmation Dialog after an Submit/Modify/Unhold action, an extra field will be presented.

In here you are required to enter a password as set in this setting.

The Submit button will not become active until the correct password has been entered.

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4.5.1.7.8 Setting a Password

By default no password is enabled, or set.

To enable password protected submission, mark the checkbox at

Use Password for order Confirmation.

This will open the Set Password dialog.

The Settings Book

Enter your new password in the first entry field.

Confirm the password by re-entering it in the second entry field.

Press Save to set the password.

The Set Password dialog will close.

Click the Save button to save your new settings.

Click the Reset button to revert to the original settings without saving.

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The Change Password... button will appear in the settings screen.

The Settings Book

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4.5.1.7.9 Changing a Password

To change the password, press the Change Password button.

The Set Password dialog appears.

The Settings Book

Enter your old password in the first entry field.

Enter your new password in the second entry field.

Enter your new password again in the third entry field.

Press Save to set the password.

The Set Password dialogue will close.

Click the Save button to save your new view settings.

Click the Reset button to revert to the original settings without saving.

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4.5.1.7.10Disabling the Password

To disable password protected submission, unmark the checkbox at

Use Password for order Confirmation.

You are required to enter your password in order to switch it off.

The Settings Book

Press Save to set the password.

The Set Password dialogue will close.

Click the Save button to save your new view settings.

Click the Reset button to revert to the original settings without saving.

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4.5.1.7.11Forgotten Password

The Settings Book

If you have forgotten your password, you can press the Forgotten Password? button in the

Set Password dialogue.

This will prompt you to enter your Digipass authentication, as if you were logging in to Eurolight.

After successfully responding to the challenge code, your old password will be reset to empty.

You can then disable the password altogether, or enter a new password, as desired.

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4.5.2

UK Position View

The Settings Book

The UK Position View may not be available, depending on exchange settings.

4.5.2.1

General

In the General settings you can define if Market Segments without results should be displayed in the report or not.

Check the box to display market segments without results.

HUB to get Market-Timezone:

Select the HUB from the list. The HUB selected determines the time zone the report is displayed in.

Click the Save button to save your new view settings.

Click the Reset button to revert to the original settings without saving.

4.5.2.2

Market Segments Filter

In the Market Segments Filter settings you can define which Market Segments you wish to have displayed.

Check the boxes in the first column to display the market segment in the UK Position View view.

Click the Save button to save your new view settings.

Click the Reset button to revert to the original settings without saving.

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4.5.3

Position View

The Settings Book

The Position View may not be available, depending on exchange settings.

4.5.3.1

General

In the General settings you can define how results should be displayed in the report.

Display Unit

Select either MW or kWh.

Period

Select either 15 min., 30 min., or 60 min. periods. Any positions smaller than the selection will be added into one result.

HUB to get Market-Timezone:

Select the HUB from the list. The HUB selected determines the time zone the report is displayed in.

Click the Save button to save your new view settings.

Click the Reset button to revert to the original settings without saving.

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4.5.4

Order Book

The Settings Book

4.5.4.1

Market Segments Filter

In the Market Segments Filter settings you can define which Market Segments you wish to have displayed.

Check the boxes in the first column to display the market segment in this Order Book view.

Click the Save button to save your new view settings.

Click the Reset button to revert to the original settings without saving.

4.5.4.2

Timing Filter

In the Timing Filter tab you can define two time filter settings that set what you want reported in the Order Book.

Instrument start time filter

When:

A list of options is provided, allowing fine tuning the period over which you want to see the orders.

Use the From: and To: fields to set the dates. Both fields will become active depending on the choice from the list.

Modification time filter

When:

A list of options is provided, allowing fine tuning the period over which you want to see the orders.

Use the From: and To: fields to set the dates. Both fields will become active depending on the choice from the list.

Both filters will be applied.

See

Appendix D

for a list of options.

Please note that the Order Book only provides a history with a maximum of three days.

Click the Save button to save your new view settings.

Click the Reset button to revert to the original settings without saving.

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4.5.4.3

Other Filter

The Settings Book

In the Other Filter tab you can set a number of settings that help define exactly what you want reported in the Order Book.

Submitting Login Filter

Mine Only

All

Only displays orders submitted with this User ID

Displays orders for all Position Accounts you have permission to view

Status Filter

Filled

Open

Withdrawn

Rejected

On Hold

Display Filled orders

Display Open orders, also partially filled orders

Display Withdrawn orders

Display Rejected orders

Dsiplay Hold orders

Select the Contract Types you want to have displayed in the Order Book.

Contract Type Filter

Spot

Futures

Cross Border

PGBT

OTC Futures

Bilateral

OTC Spot

Spot contracts

Futures

TLC contracts

Pre Gate Bilateral contracts

OTC contracts

Bilateral contracts

OTC Spot contracts

The Contract Type Filter only displays the contract types available to you.

Click the Save button to save your new view settings.

Click the Reset button to revert to the original settings without saving.

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4.5.4.4

Details Columns

The Settings Book

In the Details Columns tab you can define which columns you wish to have displayed in the Order

Details pane of the Order Book and with what width.

Check the boxes in the first column to display the corresponding columns in this Order Book view.

See

for more details.

Click the Save button to save your new view settings.

Click the Reset button to revert to the original settings without saving.

4.5.4.5

Orders Columns

In the Order Columns tab you can define which columns you wish to have displayed in the Order pane of the Order Book and with what width.

Check the boxes in the first column to display the corresponding columns in this Order Book view.

See

for more details.

Click the Save button to save your new view settings.

Click the Reset button to revert to the original settings without saving.

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4.5.5

Contract Book

The Settings Book

4.5.5.1

Market Segments Filter

In the Market Segments Filter settings you can define which columns you wish to have displayed.

Check the boxes in the first column to display the market segment in this Order Book view.

Click the Save button to save your new view settings.

Click the Reset button to revert to the original settings without saving.

4.5.5.2

Timing Filter

In this tab you can define two time filter settings that set what you want reported in the Contract

Book.

Instrument start time filter

When:

A list of options is provided, allowing fine tuning the period over which you want to see the orders.

Use the From: and To: fields to set the dates. Both fields will become active depending on the choice from the list.

Contract creation time filter

When:

A list of options is provided, allowing fine tuning the period over which you want to see the orders.

Use the From: and To: fields to set the dates. Both fields will become active depending on the choice from the list.

Both filters will be applied.

See

Appendix D

for a list of options.

Click the Save button to save your new view settings.

Click the Reset button to revert to the original settings without saving.

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4.5.5.3

Other Filter

The Settings Book

In the Other Filter tab you can set a number of settings that help define exactly what you want reported in the Contract Book.

Submitting Login Filter

Mine Only

All

Only displays orders submitted with this User ID

Displays orders for all Position Accounts you have permission to view

Select the Contract Types you want to have displayed in the Contract Book.

Contract Type Filter

Spot

Futures

Cross Border

PGBT

OTC Futures

Bilateral

OTC Spot

Spot contracts

Futures

TLC contracts

Pre Gate Bilateral contracts

OTC contracts

Bilateral contracts

OTC Spot contracts

The Contract Type Filter only displays the contract types available to you.

Click the Save button to save your new view settings.

Click the Reset button to revert to the original settings without saving.

4.5.5.4

Contracts Columns

In the Contracts Column settings you can define which columns you wish to have displayed and with what width.

Check the boxes in the first column to display the corresponding columns in this Contract Book view.

See

for more details.

Click the Save button to save your new view settings.

Click the Reset button to revert to the original settings without saving.

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4.5.6

Spot Headers

The Settings Book

The Spot Headers book may not be available, depending on exchange settings.

4.5.6.1

Market Segments Filter

In the Market Segments Filter settings you can define which Market Segments you wish to have displayed.

Check the boxes in the first column to display the market segment in this Spot Header Book view.

Click the Save button to save your new view settings.

Click the Reset button to revert to the original settings without saving.

4.5.6.2

Timing Filter

In the Timing Filter tab you can define two time filter settings that set what you want reported in the Spot Header Book.

Modification Time Filter

When:

A list of options is provided, allowing fine tuning the period over which you want to see the orders.

See

Appendix D

for a list of options.

Please note that the Spot Headers Book only provides a history with a maximum of three days.

Click the Save button to save your new view settings.

Click the Reset button to revert to the original settings without saving.

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4.5.6.3

Other Filter

The Settings Book

In the Other Filter tab you can set a number of settings that help define exactly what you want reported in the Spot Headers Book.

Submitting Login Filter

Mine Only

All

Only displays orders submitted with this User ID

Displays orders for all Position Accounts you have permission to view

Status Filter

Filled

Open

Other

Withdrawn

Rejected

On Hold

Display Filled orders

Display Open orders, also partially filled orders

Display Header orders with multiple states (X)

Display Withdrawn orders

Display Rejected orders

Display Hold orders

4.5.6.4

Headers Columns

In the Headers Columns tab you can define which columns you wish to have displayed in the header pane of the Spot Headers Book and with what width.

Check the boxes in the first column to display the corresponding columns in this Spot Headers Book view.

See

for more details.

Click the Save button to save your new view settings.

Click the Reset button to revert to the original settings without saving.

4.5.6.5

Orders Columns

In the Orders Columns tab you can define which columns you wish to have displayed in the order pane of the Spot Headers Book and with what width.

Check the boxes in the first column to display the corresponding columns in this Spot Headers Book view.

See

Trader General Settings .

for more details.

Click the Save button to save your new view settings.

Click the Reset button to revert to the original settings without saving.

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4.5.7

Ticker

The Settings Book

4.5.7.1

Market Segments Filter

In the Market Segments Filter settings you can define which columns you wish to have displayed.

Check the boxes in the first column to display the market segment in this Order Book view.

Click the Save button to save your new view settings.

Click the Reset button to revert to the original settings without saving.

4.5.7.2

Events

In the Events settings you can define which events you want to be notified about, and how the event should present itself.

Click on one of the rectangles in the color column to open the corresponding

color tool .

Events:

Contracted Trades:

Best Bids:

Best Offers:

General:

Ticker background:

New Event Highlight:

This event is triggered when an order is contracted in a Market

Segment you can view.

This event is triggered when an order in the market becomes the best bid.

This event is triggered when an order in the market becomes the best offer.

This color is the background color for the whole Ticker display.

For a set number of seconds, new events will be displayed in this highlight color.

Please note: To turn the Ticker logging functionality on or off, see the

Color Own Bids and Offers

Check this option to display your own events in the standard green background color.

Highlight New Events for xx seconds: This indicates how long new events will be displayed in a unique set color, for easy recognition of new events. After this period the event will turn to the

'normal' color.

Maximum Number of Events: The Ticker will contain up to this number of events. Any excess will be rolled off the list. Unless you log the Ticker, these events will be gone permanently. The absolute maximum number of events is 2000.

Click the Save button to save your new view settings.

Click the Reset button to revert to the original settings without saving.

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4.5.7.3

Ticker Columns

The Settings Book

In the Ticker Column settings you can define which columns you wish to have displayed and with what width.

Check the boxes in the first column to display the corresponding columns in this Ticker view.

See

for more details.

Click the Save button to save your new view settings.

Click the Reset button to revert to the original settings without saving.

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4.5.8

Market View

The Settings Book

4.5.8.1

Visual

In the visual tab you can set background color for each defined view, in order to more easily distinguish multiple Market Views on a monitor screen.

Background Colour:

By setting the background color of the custom Market View View, you can make it stand out of other screens.

Select the arrow button on the right side of the selection widget to select your preferred background color.

Click the Save button to save your new view settings.

Click the Reset button to revert to the original settings without saving.

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4.5.8.2

General

The Settings Book

In the General tab you can define what Rows to Display, the Sort Sequence of the three main columns and how many Rows you want to display for each market segment.

Click the Save button to save your new view settings.

Click the Reset button to revert to the original settings without saving.

4.5.8.2.1 Rows to Display

The Rows to Display settings offer three options:

Rows with Open Orders

This view displays all Markets, with all Market Segments that you have subscribed to, but only those Instruments that have active orders in the market. These orders can be your own, or those of other accounts.

Rows with Prior Activity or Open Orders

This view displays all Markets, with all Market Segments that you have subscribed to, but only those Instruments that either have active orders or did have active orders in the market anytime during the life cycle of the Instrument. These orders can be your own, or those of other accounts operating in the market.

All Rows

This view displays all Markets, with all Market Segments that you have subscribed to, for all

Instruments. These orders can be your own, or those of other accounts your User ID is allowed to view.

All Rows is the default view.

4.5.8.2.2 Column Sort Sequence

Column Sort Sequence:

Two settings are available.

Sort on Instrument Begin Time

Enabling this option results in a Market View that displays instruments from all enabled Market

Segments sorted according to their Instrument Begin Times. This setting overrides the manual setting of instrument sequence at

Segments

Sort Instruments Descending

Enabling this option enforces that instruments within a single market segments will be arranged in chronological descending order. The arrangement of market segments themselves is unaffected.

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4.5.8.2.3 Segments

The Settings Book

With the Segments settings the number of lines, or rows, that are displayed in the Market View for each Market Segment can be set.

Select the row that you want to modify by clicking the first column.

You can set Open and Close values between 0 and 999.

Open

Close

Intervals open for trading

Intervals that are expired. These will be displayed with a grey background color and are read only.

Please note that the maximum number of rows that will be displayed is limited to the number of intervals that are open on the market for that Market Segment.

i.e. If you set 999 open intervals but only 2 are actually open, then only 2 will be displayed.

With the Arrow buttons on the far right side, a selected Market Segment can be moved up or down in the Market View display.

This means that putting a Market Segment with displayable intervals at the top of the settings list, results in the display of all its intervals at the top of the Market View display, followed by those of the second Market Segment on the list.

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4.5.8.2.4 Animations

The Settings Book

For each Market Segment an Animation can be enabled in the settings.

Select the Market Segment in the Animation column.

Click on the arrow that appears to select an animation from the list.

Upon selection of an animation, an example of this animation will be displayed once in the Animation

Example column.

Each Animation can be given a custom color.

Double click on the segment in the color column.

The

color Picker

appears.

Select the desired color.

Upon accepting the color, an example of this animation will be displayed once in the Animation

Example column.

The Animation will now be triggered and running once each time the value inside one of the columns of the Market Segment in the Market View changes.

4.5.8.3

Market View Columns

In the Market View Columns tab you can define which columns you wish to have displayed and with what width.

Check the boxes in the first column to display the corresponding columns in this Market View.

See

for more details.

Click the Save button to save your new view settings.

Click the Reset button to revert to the original settings without saving.

4.5.8.4

Market Depth Columns

In the Market Depth Columns settings you can define which columns you wish to have displayed and with what width.

Check the boxes in the first column to display the corresponding columns in this Market View.

See

for more details.

Click the Save button to save your new view settings.

Click the Reset button to revert to the original settings without saving.

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4.5.9

Day Ahead View

The Settings Book

4.5.9.1

General

In the General tab you can define which Market to display, its Market Segments and the number of Open Instruments and how deep you want to display the Market Depths for each market segment .

Select a Market: from the list. In the Segments: pane available Market Segments appear.

Check the boxes in the Segments: pane to enable display of the selected Market Segment.

Enter the number of Open Instruments: and the Market Depth:, these settings will be active for all market segments of the selected market that are enabled in this view.

Open

Instruments:

must be between 0 and 20.

Market Depth: must be between 1 and 20.

Click the Save button to save your new view settings.

Click the Reset button to revert to the original settings without saving.

4.5.9.2

Columns

In the Columns tab you can define which columns you wish to have displayed in the Day Ahead

View and with what width.

Check the boxes in the first column to display the corresponding columns in this Day Ahead View view.

See

for more details.

Click the Save button to save your new view settings.

Click the Reset button to revert to the original settings without saving.

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4.5.10

Event Log - Trader

The Settings Book

The Trader Event Log only has the Message Columns setting.

Please note however that in the Trader Module settings you can define custom

Event Log

Notification settings.

4.5.10.1 Message Columns

In the Message Columns tab you can define which columns you wish to have displayed and with what width.

Check the boxes in the first column to display the corresponding columns in this Event Log view.

See

for more details.

Click the Save button to save your new view settings.

Click the Reset button to revert to the original settings without saving.

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4.6 The Color Picker

The Settings Book

The Color Picker is accessible by clicking on the colored buttons in the Ticker setting screen and from the Phase Colors tab in the Trader settings. In the Color Picker you can select base colors, and use the sliders to customize these colors.

The large colored field in the middle of the color tool shows you what your current selection looks like when accepted.

First you select a base color you wish to use. Clicking on the appropriate color selects the base color.

The slider to the left enables you to set the grey scale, top being the brightest, bottom the darkest shade.

The sliders to the right enable you to create a custom color. Drag the arrows up and down to change colors.

The Default button resets the colors in this tool to the original setting. The button OK accepts your creation as the new setting and closes the tool, while Cancel closes the tool while returning to the former setting.

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Chapter

The Financial Module

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Chapter 5 The Financial Module

The Financial Module

The Eurolight Financial Module is the tool where you can view your financial data.

In the Eurolight Trader Client, click the icon.

As a trader the Financial Module grants access to the following screens:

Credit Status Report

Initial Margin Details

Positions

Financial Event Log

Please note that in all screens of the Financial Module the menu option Format, -> Auto Fit

Columns is available.

This function rearranges the displayed columns to the proper width.

Please note that as a broker you will have no access to the Financial Module.

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5.1 Credit Status Report

The Financial Module module will open with the Credit Status Report by default, or alternatively by selecting the icon, or selecting the Credit Status Report option from the View menu.

This function is read only, apart from the selection box:

Level of Detail:

You can select between:

Settlement Account

Invoice Group

Clearing Member

Displays information per Settlement Account

Displays information per Invoice group, with added totals

Displays information per Clearing Member, with added totals

The following information is displayed, with values added as per the selected Level of Detail:

Clearing Member

Invoice Group

Settlement Account

Cash Value Unit

Tot.Coll.Op.Val.

Credit Limit

Tot.Marg.Req.

Unreal.Settl.

Accr.Ords

Accr.Contrs

Coll.Req.

Avail.Coll.

Cut-off Limit

Remain.Coll.

Name of the Clearing Member

Name of the Invoice Group

Name of the Settlement Account

Currency

Total Collateral Operating Value: Cash Value and Letters of Credit operating value

Maximum amount defined as collateral

Total Margin Requirement: total of Initial Margin, Delivery Margin and

Variation Margin

Unrealized Settlement: contracts delivered but not yet paid

Accrued Orders: value of submitted orders

Accrued Contracts: value of unexpired contracts

Collateral Requirement: collateral required to cover pending expenses

Available Collateral: collateral available as guaranteed

Cut-off limit: percentage of Total Collateral Operating Value, set as final warning limit

Remaining Collateral: Available Collateral minus the Cut-off Limit

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Please note that a separate row is given in the report for each Settlement Account that the User ID has permission to view.

Please note that accrued values can show empty, depending on exchange settings.

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5.2 Initial Margin Details

The Initial Margin Details screen is opened by selecting the

Margin Details option from the View menu.

The Financial Module

icon, or selecting the Initial

This function is read only, apart from the selection box:

Level of Detail:

You can select between:

Settlement Account

Invoice Group

Clearing Member

Displays information per Settlement Account

Displays information per Invoice group, with added totals

Displays information per Clearing Member, with added totals

The following information is displayed, with values added as per the selected Level of Detail:

Clearing Member

Invoice Group

Settlement Account

Specific Risk

General Risk

Initial Margin

Name of the Clearing Member

Name of the Invoice Group

Name of the Settlement Account

Total Buy position

Gross: equals Buy value of contracts

Net: Net Bought * Settlement Price

Total Sell position

Gross: equals Sell value of contracts

Net: Net Sold * Settlement Price

Parametrized sum of Buy Positions (BP) and Sell Positions (SP) in the market segments for the selected level of detail, subjected to the F-

Factor parameter (see below)

Parametrized risk value, depending on configuration this can be either the sum of the absolute value of the difference, or the absolute value of the sum of the differences

Net: Specific Risk + General Risk + Variation Margin

Gross: Specific Risk + General Risk

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Variation Margin

Tot.Marg.Req.

(wabp - Settlement Price) * Contracts Buy Volume + (Settlement Price wasp) * Contracts Sell Volume

Total Margin Requirement: total of Initial Margin, Delivery Margin and

Variation Margin

The F-Factor is an operator-configurable 'floor' parameter that establishes the minimum amount of margin chargeable against contracts in a given instrument (expressed in £/MWh, E/MWh, p/therm etc.).

Please note that a separate row is given in the report for each Settlement Account that the User ID has permission to view.

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5.3 Positions

The Positions screen is opened by selecting the the View menu.

The Financial Module

icon, or selecting the Positions option from

This function is read only, apart from the selection box:

Level of Detail:

You can select between:

Settlement Account

Invoice Group

Clearing Member

Organization

Position Account

Instrument

Displays information per Settlement Account

Displays information per Invoice group, with added totals

Displays information per Clearing Member, with added totals

Displays information per Organization, with added totals

Displays information per Position Account, with added totals

Displays information per Instrument, with added totals

The following information is displayed, with values added as per the selected Level of Detail:

Clearing Member

Invoice Group

Organization

Settlement Account

Account

Segment

Instrument

Gross Bought

Gross Sold

Net Bought

Net Sold

MTM Price

WABP

WASP

Name of the Clearing Member

Name of the Invoice Group

Name of the Organization

Name of the Settlement Account

Settlement Account identifier

Market Segment

Instrument code

Total Buy volume of the contracts

Total Sell volume of the contracts

Buy - Sell volumes

Sell - Buy volumes

Mark to Market price

Weighted Average Buy Price

Weighted Average Sell Price

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P/L

The Financial Module

Variation Margin = (wabp - Settlement Price) * Contracts Buy Volume +

(Settlement Price - wasp) * Contracts Sell Volume

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5.4 Event Log - Financial

The Financial Module

The Financial Event Log screen is opened by selecting the option from the View menu.

icon, or selecting the Event Log

The Event Log displays an overview of events that happened to your credit status. The events that are displayed depend on your

Messages are sent by the trading system automatically.

The Acknowledge button will set the selected messages to read status.

The Remove Selected button will remove the selected message from the list.

The Event Log displays a full list of all events. By default the most recent message appears on top, but you can at any time sort the messages by clicking on the column head. Bold messages are unread/unacknowledged, messages in normal type are read/acknowledged.

The Event Log will be cleared when you log off from Eurolight.

5.4.1

List of Events

Financial Events:

Exceeded Cut-off Limit

Credit Cut-off Limit exceeded, all orders go to the operator watchlist

Exceeded Warning Limit 1

Credit Limit 1 exceeded. Orders will proceed to market

Exceeded Warning Limit 2

Credit Limit 2 exceeded. Orders will proceed to market

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Chapter

The Trader Module

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Chapter 6 The Trader Module

The Trader Module

The Eurolight Trader is the tool where orders are entered, monitored and is likely the main tool that participants will use.

In the Eurolight tool, click the icon.

The Trader module will open with the user defined default screen showing.

Options in the Trader module become available depending on the products the exchange is offering.

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6.1 General Options

The Trader tool has a variety of options to aid in order management.

The Trader Module

6.1.1

Withdraw All

The Withdraw All option allows a user to quickly withdraw all pending orders from all Market

Segments and for all Position Accounts he has permission to use, no matter if his User ID

owns the orders.

This means that a User ID with Overwrite permission on a Position Account will be able to withdraw orders for other User ID's on that Position Account.

The Overwrite permission is granted by the Eurolight operator to User ID's that have the permission to manipulate orders of other User ID's within the same Position Account.

You can access the Withdraw All option by clicking the icon, or use the Actions menu and select the Withdraw All option. Alternatively, use the [ALT-A] and [ALT-W] keys respectively.

Using this Withdraw option triggers the normal withdraw function and will require some time to be processed by the market, depending on the number of orders that are withdrawn at once.

6.1.2

Withdraw Mine

The Withdraw Mine option allows a user to quickly withdraw all pending orders from Market

Segments, for orders owned by his User ID and the ones modified by his User ID.

You can access this option by clicking the icon, or use the Actions menu and select the

Withdraw Mine option. Alternatively, use the [ALT-A] and [ALT-I] keys respectively.

Using this Withdraw option triggers the normal withdraw function, and will require some time to be processed by the Market, depending on the number of orders that are withdrawn at once.

6.1.3

Hold All

The Hold All option allows a user to quickly put all pending orders on hold from all Market

Segments and for all Position Accounts he has permission to use, no matter if his User ID

owns the orders.

This means that a User ID with Overwrite permission on a Position Account, will be able to put orders on hold for other User ID's on that Position Account.

The Overwrite permission is granted by the Eurolight Operator to User ID's that have the permission to manipulate orders of other User ID's within the same Position Account.

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Eurolight Trader Client The Trader Module

You can access this option by clicking the icon, or use the Actions menu and select the Hold

All option. Alternatively, use the [ALT-A] and [ALT-H] keys respectively.

Please note that using this Hold option triggers the normal Hold Order function and will require some time to be processed by the Market, depending on the number of orders that are put on hold at once.

Hold All is only available if the Hold option is enabled by the exchange.

6.1.4

Hold Mine

The Hold Mine option allows a user to quickly put any pending order on hold from any Market

Segments and for orders owned by his User ID and the ones modified by his User ID.

You can access this option by clicking the icon, or use the Actions menu and select the Hold

Mine option. Alternatively, use the [ALT-A] and [ALT-O] keys respectively.

Hold Mine is only available if the Hold option is enabled by the exchange.

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6.1.5

Doubleclick Functions

The Trader Module

In the various Books and Views of Eurolight Trader, the mouse double-click action allows quick access to key functions.

These functions depend on the place whereabouts in the screen the double-click is made.

There are three different actions:

Display Details

Enter / Modify Order

Hit / Lift

6.1.5.1

Display Details

This function is available in the Market View only.

Double click on an instrument in any of the following columns to view the trade details:

Market Phase

Last

Price Change

Turnover

Last Trade Time

Open

High

Low

Close

P/L

Wap

Please note that in a default view these are all columns to the right of Unit.

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6.1.5.2

Enter / Modify Order

The Trader Module

In the Market View this option is available.

Place the mouse cursor over an active order that is an order you can manipulate, and double-click either the Bid Vol., Bid, Ask or Ask Vol. field.

Double-clicking any field outside the above will trigger the Order Entry screen.

If the Instrument does not contain any The Order Entry screen opens order:

If any order is clicked in the Instrument, The Hit / Lift order function activates not belonging to an own Position Account:

If an owned order is clicked in the The Modify Order screen opens

Instrument:

The primary benefit is that the Instrument data is already entered in the selection fields for Position

Account, Market, Market Segment and Instrument.

6.1.5.3

Hit / Lift

In the Market View the Hit / Lift option is available.

Place the mouse cursor over an active order that is not an order you can manipulate, and doubleclick either the Bid Vol., Bid, Ask or Ask Vol. field.

This means any order that does not have a green background color is eligible to be hit / lifted.

The Hit / Lift option will submit the corresponding counter order and will display the Order

Confirmation Dialog if this option is enabled in the settings.

A Hit / Lift order is created with the clicked price. Depending on the place in the Market Depth that is clicked, the volume of the Hit / Lift order will be the added total of the orders with the selected price and all orders with prices that are better that are in the market depth for that instrument.

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6.1.6

Column Filter Bar

The Trader Module

In the Order Book and the Contract Book you can use the Column Filter Bar.

This function allows you to select how you want to filter the columns in the screen below.

By default all values are set to 'All'.

Click on the selection field above the column you wish to filter.

The field will become active, giving access to a little arrow.

Click the little arrow to open a list of options. The list is automatically filled with all entries that are present in the column below.

Choose a selection from the list in order to update the display. Only the selected items will be displayed in the Book.

Multiple filters can be applied to further customize the View.

Please note that these filters are not saved when closing the screen.

There are some extended filtering options that can be used to create a custom filter:

Numerical

>100

>= -23.78

< -100

<=7

Match

30 -> 40 he*o

?xyz

Incremental search is supported.

Larger than 100

Larger or equal to -23.78

Smaller than -100

Smaller or equal to 7

Between 30 and 40

* can be used as a wildcard

? can be used as a single character wildcard

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6.1.7

Calendar

The Trader Module

In date entry fields throughout Eurolight Trader Client you can double-click to access the calendar view instead of manually entering a date.

This tool offers a quick way to set a date for the selected entry field.

By default the current date is selected, but this can be set per market segment in the

settings

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6.2 UK Position View

The Trader Module

The UK Position View screen is opened by selecting the

View option from the View menu.

icon, or selecting the UK Position

The UK Position View displays an overview of the position of either a single selected Position

Account or all Position Accounts you have permission to view.

This screen may not be available, depending on exchange settings.

6.2.1

Performing Queries

With the Position View you can request a report about the status of Position Accounts you have permission to view.

There are three parameters that must be entered in order to perform a query.

Account:

Date:

Contract Type:

Select 'All' or any one Position Account from the list

Select a date to display the half hour periods for

Select a Contract Type to display

Click the Query button to start the server request and build the report.

The display is automatically filled with columns to facilitate selected Position Account for selected

Contract Types.

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6.2.2

Results

The Trader Module

The following results will be displayed:

Period:

The period indicates the period block. Period 1 is the first period for the selected HUB. Due to possible time zone differences per HUB it is important to set the correct HUB in your

View settings .

Account:

In this column the Position Account name is displayed. If more than one Position Account is displayed in the report, a separate period line for that period is inserted, resulting in separate lines per Position Account.

Net-Pos MW

Here the net accumulated position for all Market Segments for this Position Account is displayed.

Values displayed:

The values displayed are in MW.

If the Show Segments without results setting is enabled, the report will include all market segments available according to your permissions.

6.2.3

Export to Excel

An Export to Excel button allows you to send a copy of the Position View query results to MS

Excel.

Click either All or Selection to send the corresponding report to Excel.

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6.3 Position View

The Trader Module

The Position View screen is opened by selecting the option from the View menu.

icon, or selecting the Position View

The Position View displays an overview of the position of one or all Position Account(s) per

Delivery Account you have permission to view.

This screen may not be available, depending on exchange settings.

6.3.1

Performing Queries

With the Position View you can request a report about the status of Position Accounts per

Delivery Account you have permission to view.

There are three parameters that must be entered in order to perform a query.

Delivery Account:

Account:

Date:

Select 'All' or any one Delivery Account from the list

Select 'All' or any one Position Account from the list

Select a date to display the periods for as set in the settings

Click the Query button to start the database request and build the report.

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The display is automatically filled with columns to facilitate selected Delivery Account for selected

Position Accounts.

6.3.2

Results

The following results will be displayed:

Period:

The period indicates the period block. By default period 1 is the first period from 00:00 hours to

00:15, 00:30 or 01:00 hours for the selected HUB. Due to possible time zone differences per HUB it is important to set the correct HUB in your

View settings.

Here you also can determine the length of each period displayed.

Delivery Account:

In this column the Delivery Account name is displayed. If more than one Position Account for this

Delivery Account is displayed in the report, a separate period line for that period is inserted, resulting in separate lines per Position Account.

MW or kWh

Here the net accumulated position for all Market Segments for this Delivery Account is displayed.

Values displayed:

The values displayed are in MW or kWh, depending on your view settings.

If there was no position in a period, the field will be empty.

If the accumulated position is 0, a ' 0 ' will be displayed.

6.3.3

Export to Excel

In the File menu of the Position View an Export to Excel option is available.

Click either All or Selection to send the corresponding report to Excel.

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6.4 Auction Results

The Trader Module

The Auction Results screen is opened by selecting the option from the View menu.

icon, or selecting the Auction Results

The auction results are only available if you have permission to trade on an auction market segment.

The auction results can be queried per market. Select the market from the list.

6.4.1

Market Results

The Market Results report type is the default selection for the Auction Results view.

Set a date in the applying date field by typing a date or double-click to access the calendar function.

Press the Query button to request the data from the server.

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6.4.2

Organization

The Trader Module

The Organization report type is selectable from the Report Type field.

When selected, the Organization field becomes available, select the organization from the list.

Set a date in the applying date field by typing a date or double-click to access the calendar function.

Press the Query button to request the data from the server.

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6.4.3

Position Account

The Trader Module

The Position Account report type is selectable from the Report Type field.

When selected, the Account field becomes available, select the account from the list.

Set a date in the Applying Date field by typing a date or double-click to access the calendar function.

Press the Query button to request the data from the server.

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6.4.4

Export to Excel

The Trader Module

In the File menu of the Auction Results an Export to Excel option is available.

Click either All or Selection to send the corresponding report to Excel.

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6.5 Order Entry

The basic Order Entry tool allows for entry of a single order.

The Trader Module

This option is available via the icon, selecting the Order Entry option from the View menu, the pop-up menu via option Enter..., or by double-clicking an empty Instrument in one of the Market

Views.

If an order is selected in one of the order views while opening the Order Entry tool, all data from that order is automatically entered in the respective entry fields of the Order Entry tool. Of course these fields can be altered following the normal validation rules.

Please note that the labels for price unit and volume unit are auto-responsive to the market configuration. These change automatically depending on the market selected.

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Depending on exchange settings, the following fields are available:

Account:

Market:

Market Segment:

Instrument:

Expiration:

Mkt:

Iceberg:

Exec Condition:

Price:

Volume:

Price Increment:

Volume Clip:

Day Rate:

Lead Time:

Location:

Meter:

Reason Code:

Cash Value:

Hold:

Cancel

Buy

Sell

Select a Position Account from the list

Select a Market from the list

Select a Market Segment from the list

Select an Instrument from the list

Select either Instrument Close, or Good Till Date. The latter requires you to enter the expiry date and time in the new fields below

Check this box to enable Market Order entry, indicating your order should match with any current market price. (Only available if enabled for this Market Segment)

Check this box to enable Iceberg Order entry, indicating your order will be divided into smaller lots, as indicated by the Volume Clip. For the purpose of hiding the actual order quantity only the best price lot will be visible in the market.

(Only available if enabled for this Market Segment)

Select a condition from the list: (selection is dependent on Market

Configuration)

Blank (No execution condition)

AON (All Or Nothing)

FAK (Fill And Kill)

FOK (Fill Or Kill)

Enter the order price. (Note the usage of dots or comma's, depending on your

Country Settings

)

Enter the order volume. (Note that there may be a minimum and maximum order size)

Only available with Iceberg Orders. Increment of price that each lot of an order will be increased with. Must be multitude of Price Tic

Only available with Iceberg Orders. Volume of each lot within the Iceberg order. Must be multitude of Lot Size.

Enter the volume of gas that would be delivered in an entire day assuming a constant flow during the whole day

Enter the number of hours required before physical flow of gas into and out of the network can start. Must be between 1 and 23

Locational trading points on the Gas Network. Select from list

Required for DMC and VLDMC. Meter number must be identical both sides to match orders. Free text entry field

Select from list if required by Market Segment and Account

Added total worth of the order

Check to submit order as hold (Only available if enabled for this Market

Segment)

Click this button to NOT submit an order and close the order entry tool

Click to submit a BUY order, and close the order entry tool

Click to submit a SELL order, and close the order entry tool

Definition:

Instrument Close:

Good Till Date:

Selecting this expiration option means the unmatched part of the order will be automatically withdrawn from the market at the Instrument

Closure time

Selecting this expiration option means the unmatched part of the order will be automatically withdrawn from the market at the set time

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The Price Tic:, Lot Size: and Min. Order Size: fields are displays, reminding you of these Market

Segment settings. Any entered values must be increments of the first two values.

During the creation of an order, a validation framework will provide messages to aid in the correct entry of orders.

This validation takes into account the Eurolight Market parameters, but also your local

Trade Limit

user settings.

Exceeding Market defined parameters will cause orders to be sent to the Market Operator

Watchlist, where these orders can be manually validated by a Eurolight Market Operator.

Exceeding your user defined settings can be ignored after being warned and will not trigger Market

Operator intervention unless the market parameters are also exceeded. These orders will be processed normally.

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6.5.1

Modify Orders

The Trader Module

The Modify Order tool allows for modification of a single order.

This option is available via the pop-up menu, option Modify Order, or by double-clicking your own order you want to modify in one of the Market Views.

Alternatively you can select the order you want to modify first, then right-click with the mouse, to open the pop-up menu.

The Modify Order option is only available if an order is selected to which you have sufficient permission to modify.

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The grey colored entries in some fields indicate that these values can not be modified.

Only Price, Volume, Day Rate and Reason Code can be modified.

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Depending on exchange settings, the following fields are displayed:

Account:

Market:

Market Segment:

Instrument:

Expiration:

Mkt:

Iceberg:

Displays the Position Account

Displays the Market

Displays the Market Segment

Displays the instrument

Either Instrument Close, or Good Till Date

Indicates Market Order status, indicating your order matches with any current market price. (only available if enabled for this Market Segment)

Indicates Iceberg Order status, indicating your order will be divided into smaller lots, as indicated by the Volume Clip. For the purpose of hiding the actual order quantity only the best price lot will be visible in the market.

(Only available if enabled for this Market Segment)

Execution Condition:

Displays Condition status (selection is dependent on Market

Configuration)

Blank (No execution condition)

AON (All Or Nothing)

Price:

Volume:

Price Increment:

Volume Clip:

Day Rate:

Lead Time:

Location:

Meter:

Reason Code:

Order Number:

Cash Value:

Hold:

Cancel

Buy

Sell

FAK (Fill And Kill)

FOK (Fill Or Kill)

Modify the order price. (Note the usage of dots or comma's, depending on your

Country Settings )

Modify the order volume. (Note that there may be a minimum and maximum order size)

Only available with Iceberg Orders. Increment of price that each lot of an order will be increased with. Must be multitude of Price Tic

Only available with Iceberg Orders. Volume of each lot within the Iceberg order. Must be multitude of Lot Size.

Modify the volume of gas that would be delivered in an entire day assuming a constant flow during the whole day

Displays the number of hours required before physical flow of gas into and out of the network can start. Must be between 1 and 23

Displays locational trading points on the UK Gas Network

Displays meter number must be identical both sides to match orders.

Required for DMC and VLDMC

Select from list if required by Market Segment and Account to modify

Order ID, assigned by system

Added total worth of the order

Not available in modify screen

Click this button to NOT modify an order, and close the order modification tool

Click to modify a BUY order, and close the order modify tool

Click to modify a SELL order, and close the order modify tool

Definition:

Instrument Close:

Good Till Date:

This expiration option means the unmatched part of the order will be automatically withdrawn from the market at the Instrument Closure time

This expiration option means the unmatched part of the order will be automatically withdrawn from the market at the set time

The Lot Size: and Price Tic: fields are displays, reminding you of these Market Segment settings.

Any entered values must be increments of these two values.

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The Order Number: field displays the order number, followed by the version of that order. Each update or modification by the trading system, the operator or the trader will create a newer version of the order, indicated by the increase of this order number.

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During the modification of an order, a validation framework will provide messages to aid in the correct entry of orders.

This validation takes into account the Eurolight Market parameters, but also your local

User settings

Exceeding Market defined parameters will cause orders to be sent to the Market Operator

Watchlist, where these orders are manually validated.

Exceeding your user defined settings can be ignored after being warned and will not trigger Market

Operator intervention unless the market parameters are also exceeded. These orders will be processed normally.

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6.5.2

Submit Hold Orders

The Trader Module

In some markets it is allowed to submit orders on hold.

If this option is selected, by enabling the Hold checkbox upon submission, the order will be validated and submitted.

However, the order is not sent to the market and will be only visible for the User ID that submitted the order, and to those User ID's with view permission on the same Position Account as the submitter.

In the various market overviews, Hold orders are displayed with a pale yellow background.

Hold orders are never matched.

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6.6 Task List

The Task List tool allows for entry of multiple orders.

The Trader Module

This option is available via the icon or selecting the Task List option from the View menu.

The Task list behaves in the same way as the

Order Entry

tool.

The difference is that with the Task List you will first create a list of orders, and submit these in one single action.

The right-side pane consists of the list of created orders, ready to be sent, and a set of buttons to help manage these orders.

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Left side pane

Depending on exchange settings, the following fields are available:

Account:

Market:

Market Segment:

Instrument:

Expiration:

Mkt:

Iceberg:

Exec Condition:

Price:

Volume:

Price Increment:

Volume Clip:

Day Rate:

Lead Time:

Location:

Meter:

Reason Code:

Cash Value:

Hold:

Cancel

Buy

Sell

Definition:

Instrument Close:

Select a Position Account from the list

Select a Market from the list

Select a Market Segment from the list

Select an Instrument from the list

Select either Instrument Close, or Good Till Date. The latter requires you to enter the expiry date and time in the new fields below

Check this box to enable Market Order entry, indicating your order should match with any current market price. (Only available if enabled for this Market Segment)

(Only available if enabled for this Market Segment)

Select a condition from the list: (selection is dependent on Market

Configuration)

Blank (No execution condition)

AON (All Or Nothing)

FAK (Fill And Kill)

FOK (Fill Or Kill)

Enter the order price. (Note the usage of dots or comma's, depending on your

Country Settings

)

Enter the order volume. (Note that there may be a minimum and maximum order size)

Only available with Iceberg Orders. Increment of price that each lot of an order will be increased with. Must be multitude of Price Tic

Only available with Iceberg Orders. Volume of each lot within the Iceberg order. Must be multitude of Lot Size.

Enter the volume of gas that would be delivered in an entire day assuming a constant flow during the whole day

Enter the number of hours required before physical flow of gas into and out of the network can start. Must be between 1 and 23

Locational trading points on the Gas Network. Select from list

Required for DMC and VLDMC. Meter number must be identical both sides to match orders. Free text entry field

Select from list if required by Market Segment and Account

Added total worth of the order

Check to submit order as hold (Only available if enabled for this Market

Segment)

Click this button to NOT submit an order and close the order entry tool

Click to submit a BUY order, and close the order entry tool

Click to submit a SELL order, and close the order entry tool

Good Till Date:

Selecting this expiration option means the unmatched part of the order will be automatically withdrawn from the market at the Instrument

Closure time

Selecting this expiration option means the unmatched part of the order will be automatically withdrawn from the market at the set time

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The Price Tic:, Lot Size: and Min. Order Size: fields are displays, reminding you of these Market

Segment settings. Any entered values must be increments of the first two values.

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During the creation of an order, a validation framework will provide messages to aid in the correct entry of orders.

This validation takes into account the Eurolight Market parameters, but also your local

Trade Limit

user settings.

Exceeding Market set parameters will cause orders to be sent to the Market Operator Watchlist, where these orders can be manually validated.

Please note that putting invalid orders on the Task List is not validated against the Market defined parameters until you submit them.

Orders exceeding User defined settings can be submitted after being warned, and will not trigger

Market Operator intervention unless the market parameters are also exceeded.

Right side pane

Update order

Add Buy order(s)

Add Sell order(s)

Remove order(s)

Select all

Unselect all

Checkbox in list

Updates the highlighted order in the list, instead of adding a new order to the list

Adds a new buy order to the list

Adds a new sell order to the list

Removes all highlighted orders from the list

Marks all orders, ready to submit

Unmarks all orders, these will not be submitted

Highlight in list

The checkbox indicates orders that will be included in the set when the submit button is clicked. Those orders that are not marked will not be submitted.

The orders highlighted can be removed or updated.

Please note the difference between highlighting an order, and mark ing an order. Highlighting means selecting an order so it becomes colored, and marking means checking the checkbox in front of the order.

The Submit button will send all orders with an active checkbox to the market.

The Cancel button will close the Task List without sending orders or saving your order list.

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6.7 Limit Order Entry

The Trader Module

The Limit Order Entry tool allows for entry of a Spot Limit Header order.

The Limit Order Entry screen is a way to enter a grid of limit orders in one go, excluding market orders. These orders are coupled together into one entity, a header, where each limit order can be matched separately.

This option is available via the icon, the pop-up menu, option Spot Limit Order Entry.

The Limit Order Entry screen mainly consists of two parts; the main characteristics of an order and the detailed characteristics of an order. The menu bar is largely the same as the one in the Market

View and Order Book, but has an additional feature:

File: -> Paste from Excel:

Pastes a selection from Excel into the order detail grid.

This function requires the following columns to be included in the Excel selection:

Column 1:

Column 2:

Column 3:

Column 4:

Column 5:

Column 6: numbers of the periods up to the maximum allowed for that Market Segment and day. (i.e. 1-23 and 1-25 on daylight saving time days for a 1 Hour Market Segment,

1-96 for a 15 minutes Market Segment on a normal trading day)

Not all are required, but at least one must be present.

Volume

Price

Volume

Price etc.

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The main characteristics of an order are located in the upper pane.

The Trader Module

Account:

Market:

Market

Segment:

Description:

Buy / Sell

Hold

Select a Position Account from the list

Select a Market from the list

Select a Market Segment from the list

Free text, not required

Select one. Buy will color the background red, Sell will color it Green.

Checkbox, if enabled order will be submitted as Hold order (only if enabled for the

Market)

Cash Value:

Calculated total of the order

Applying Date: Enter as date, or double-click the field to open the calendar function.

The two graphs display the scaled Volumes and Prices per Instrument. They offer a visual aid in detecting deviations.

The lower pane forms the actual order data grid. Each price/volume pair forms a separate order with a unique order number, but within the same header.

Each pair will be checked for validity separately.

Invalid pairs will be indicated by a red background color in the faulty fields. This can be more than one field if multiple faults are detected.

Upon submission, all order pairs will be send to the market in one batch, thereby guaranteeing that all pairs are submitted at the same timestamp.

6.7.1

Rolling Instruments

Some market segments offer instruments that are closing during the day instead of all at the end of the day.

When entering limit orders in such a market segment part of a day can be closed already. In this case the limit order entry screen displays the closed instruments with a darker grey background.

Order pairs can be entered in the screen, but will be invalidated. Removing any invalid order pairs allows a limit order to be to submitted as normal.

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6.7.2

Modify Limit Orders

The Trader Module

The Limit Order Modify tool allows for modification of a header order.

This option is available via the pop-up menu, option Modify Grid..., or by double-clicking any of your own orders that are part of the header you want to modify, in one of the Market Views.

The Limit Order Modify option is only available if an order is selected to which you have sufficient permission to modify.

Within the Limit Order Modify tool any order pair can be modified, subject to the normal validation rules.

Please note the Header ID: field, which displays the version of the header. Each modification increases the version number by one.

6.7.3

Submit Hold Orders

In some markets it is allowed to submit orders on hold.

A Limit order submission has two ways of putting orders on hold.

The complete limit header can be selected, by enabling the Hold checkbox in the upper pane upon submission. The complete header order will be validated and submitted.

It is also possible to submit a limit header order as normal, but with selected pairs put on hold.

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To do this, select the pair to be put on hold, and click the right-mouse button. A pop-up menu appears.

Select the Hold / Unhold option to set a pair to hold or unhold status.

Unheld submitted pairs will be treated as normal orders, and are eligible for matching.

Held orders are treated as normal hold orders, but remain part of the limit header.

In the various market overviews, including the Limit Order Entry screen, Hold orders are displayed with a pale yellow background.

Hold orders are never matched.

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6.8 Block Order Entry

The Trader Module

The Block Order Entry tool allows for entry of a Spot Block Header order.

A block order is an conditional order for which the total volumes may not be curtailed. If a block orders is matched, they contract only for their total volume, i.e. together or none at all.

The averaged matching price for the matched periods is used as a limit price for matching the block orders.

This option is available via the icon, the pull-down menu, option Spot Block Order Entry.

The Block Order Entry screen mainly consists of two parts; the main characteristics of an order and the detailed characteristics of an order. The menu bar is largely the same as the one in the

Market View and Order Book, but has an additional feature:

File: -> Paste from Excel:

Pastes a selection from Excel into the order details.

This function requires the following columns to be included in the Excel selection: (See also

Appendix G ).

Top row column 1:

Top row columns 2, 4,

Side (as the word 'Side')

Buy (as the word 'Buy') or Sell (as the word 'Sell') etc

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Top row column 3, 5, Empty etc

Column 1: numbers of the periods up to the maximum allowed for that Market

Segment and day. (i.e. 1-23 and 1-25 on daylight saving time days for a 1

Column 2:

Column 3:

Column 4:

Column 5:

Column 6:

Hour Market Segment, 1-96 for a 15 minutes Market Segment on a normal trading day)

Not all are required, but at least one must be present.

Volume

Price

Volume

Price etc.

The main characteristics of an order are located in the upper pane.

Account:

Market:

Market Segment:

Buy / Sell

Select a Position Account from the list

Select a Market from the list

Select a Market Segment from the list

Select one. Buy will color the background Red, Sell will color it Green. The

Hold

Cash Value:

color will change to blue if the Order Entry Screen contains both Buy and

Sell Blocks.

Checkbox, if enabled order will be submitted as Hold order

Calculated total of the order

Applying Date:

Enter as date, or double-click the field to open the calendar function.

Block _

Header Count: First number indicates Block header, second number indicates maximum number allowed in Market Segment, per Organization, per Delivery Date

The two graphs display the scaled Volumes and Prices per Instrument, with each block in a different color. They offer a visual aid in detecting deviations. Up to 25 blocks can be displayed in this way.

The lower pane forms the actual order data grid.

Description:

Free text

Reason Code:

Select from list when applicable

Cash Value:

Shape:

Added total of all Volume / Price pairs within the Block

Select from list. The Shape will be filled in the Block details according to the

Volume:

Price:

Side:

Volume and Price entered below.

Enter Volume to which Shape is applied to

Enter price to which Shape is applied to

Select buy or sell, default is set to selection in main characteristics.

Period

Period sequence number of instrument within the block

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Instrument

Volume

Price

Instrument code

Volume of the block for this instrument

Price of the block for this instrument

Please note the background color of the volume/price pairs indicates buy or sell.

The background color of the whole entry screen indicates buy, sell or both.

6.8.1

Rolling Instruments

Some market segments offer instruments that are closing during the day instead of all at the end of a day.

When entering block orders in such a market segment some instruments for that day can be closed already. In this case the block order entry screen informs with an error message that instruments are not open. The order can not be submitted with closed instruments included.

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6.8.2

Modify Block Orders

The Trader Module

The Block Order Modify tool allows for modification of a header order.

This option is available via the pop-up menu, option Modify Grid..., or by double-clicking any of your own orders that are part of the block header you want to modify, in one of the Market Views.

The Block Order Modify option is only available if an order is selected to which you have sufficient permission to modify.

Within the Block Order Modify tool the price and volume can be changed, subject to the normal validation rules.

If the Market Segment allows, Volumes can also be made empty, essentially withdrawing those instruments.

Please note the Header ID: field, which displays the version of the header. Each modification increases the version number by one.

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6.8.3

Submit Hold Orders

The Trader Module

In some markets it is allowed to submit orders on hold.

If this option is selected, by enabling the Hold checkbox upon submission, the order will be validated and submitted.

It is only possible to submit a complete set of Block Orders as hold when they are submitted via the same Order Entry screen, individual Blocks or even Volume / Price pairs can not be set to hold.

In the various market overviews, Hold orders are displayed with a pale yellow background.

Hold orders are never matched.

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6.9 Exclusive Group Entry

The Trader Module

The Exclusive Group Entry tool allows for entry of a Exclusive Group Block Header order.

An Exclusive Group is a group of regular Block Orders, but from the group only one Block Order will be matched. Once this single Block Order is matched, any other Block order from the Exclusive

Group is automatically withdrawn. The maximum number of these relatives are set per Market by the exchange.

This option is available via the icon, the pull-down menu, option Exclusive Group Entry.

The Exclusive Group Entry screen mainly consists of two parts; the main characteristics of an order and the detailed characteristics of an order. The menu bar is largely the same as the one in the Market View and Order Book, but has an additional feature:

File: -> Paste from Excel:

Pastes a selection from Excel into the order details.

This function requires the following columns to be included in the Excel selection: (See also

Appendix G ).

Top row column 1:

Top row columns 2, 4,

Side (as the word 'Side')

Buy (as the word 'Buy') or Sell (as the word 'Sell') etc

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Top row column 3, 5, Empty etc

Column 1: numbers of the periods up to the maximum allowed for that Market

Segment and day. (i.e. 1-23 and 1-25 on daylight saving time days for a 1

Column 2:

Column 3:

Column 4:

Column 5:

Column 6:

Hour Market Segment, 1-96 for a 15 minutes Market Segment on a normal trading day)

Not all are required, but at least one must be present.

Volume

Price

Volume

Price etc.

The main characteristics of an order are located in the upper pane.

Account:

Market:

Market Segment:

Buy / Sell

Cash Value:

Applying Date:

Exclusive

Count:

Select a Position Account from the list

Select a Market from the list

Select a Market Segment from the list

Select one. Buy will color the background Red, Sell will color it Green. The color will change to blue if the Order Entry Screen contains both Buy and

Sell Blocks.

Calculated total of the order

Enter as date, or double-click the field to open the calendar function.

Group

First number indicates Exclusive Group header, second number indicates maximum number allowed in Market Segment, per Organization, per

Delivery Date.

The lower pane forms the actual order data grid.

Description:

Free text

Reason Code:

Select from list when applicable

Cash Value:

Added total of all Volume / Price pairs within the Block

Shape:

Select from list. The Shape will be filled in the Block details according to the

Volume:

Price:

Side:

Volume and Price entered below.

Enter Volume to which Shape is applied to

Enter price to which Shape is applied to

Select buy or sell, default is set to selection in main characteristics.

Period

Period sequence number of instrument within the block

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Instrument

Volume

Price

Instrument code

Volume of the block for this instrument

Price of the block for this instrument

Please note the background color of the volume/price pairs indicates buy or sell.

The background color of the whole entry screen indicates buy, sell or both.

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6.9.1

Modify Exclusive Group Orders

The Trader Module

The Exclusive Group Modify tool allows for modification of an exclusive group order.

This option is available via the pop-up menu, option Modify Exclusive Group..., or by doubleclicking any of your own orders that are part of the exclusive group you want to modify, in one of the

Market Views. For Exclusive Group Orders, the normal Modify... option can also be used instead.

The Exclusive Group Modify option is only available if an order is selected to which you have sufficient permission to modify.

Within the Exclusive Group Modify tool the price and volume can be changed, subject to the normal validation rules.

If the Market Segment allows, Volumes can also be made empty, essentially withdrawing those instruments and/or Blocks.

Please note the Exclusive Group Count: field, which displays the number of Exclusive Groups already submitted out of the maximum allowed per Market, per Organization, per Delivery Date.

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6.10 Linked Family Entry

The Trader Module

The Linked Family Entry tool allows for entry of a set of Linked Family Header orders.

A set of linked family block orders is an conditional order header within which each block order can only be matched if their parent is also matched.

This option is available via the icon, the pull-down menu, option Linked Family Entry.

These block orders can only have a single parent, but can have multiple children. The maximum number of these relatives are set per Market by the exchange.

To identify the relation between the family block orders, the block Id is used during entry.

To make a Block Order a child of a parent Block Order, enter the Block Id of the parent in the Parent field of the child.

The Linked Family Entry screen mainly consists of two parts; the main characteristics of an order and the detailed characteristics of an order. The menu bar is largely the same as the one in the

Market View and Order Book, but has an additional feature:

File: -> Paste from Excel:

Pastes a selection from Excel into the order details.

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This function requires the following columns to be included in the Excel selection: (See also

Appendix G ).

Top row column 1: Links (as the word 'Links')

Top row column 4, 6, Optional, digit indicating the parent blockId etc

2nd row column 1: Side (as the word 'Side')

2nd row columns 2, 4, Buy (as the word 'Buy') or Sell (as the word 'Sell') etc

Top row column 3, 5, Empty etc

Column 1: numbers of the periods up to the maximum allowed for that Market

Segment and day. (i.e. 1-23 and 1-25 on daylight saving time days for a 1

Hour Market Segment, 1-96 for a 15 minutes Market Segment on a normal trading day)

Not all are required, but at least one must be present.

Volume Column 2:

Column 3:

Column 4:

Column 5:

Column 6:

Price

Volume

Price etc.

The main characteristics of an order are located in the upper pane.

Account:

Market:

Market Segment:

Buy / Sell

Select a Position Account from the list

Select a Market from the list

Select a Market Segment from the list

Select one. Buy will color the background Red, Sell will color it Green. The

Cash Value:

Applying Date:

color will change to blue if the Order Entry Screen contains both Buy and

Sell Blocks.

Calculated total of the order

Enter as date, or double-click the field to open the calendar function.

Block _

Header Count: First number indicates Block header, second number indicates maximum number allowed in Market Segment, per Organization, per Delivery Date

Linked Family Count: First number indicates number of submitted Linked Families, second number indicates maximum number allowed in Market Segment, per

Organization, per Delivery Date.

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The lower pane forms the actual order data grid.

Parent:

BlockId of parent block header

Description:

Free text

Reason Code:

Select from list when applicable

Cash Value:

Shape:

Added total of all Volume / Price pairs within the Block

Select from list. The Shape will be filled in the Block details according to the

Volume and Price entered below.

Enter Volume to which Shape is applied to

Volume:

Price:

Side:

Enter price to which Shape is applied to

Select buy or sell, default is set to selection in main characteristics.

Period

Instrument

Volume

Price

Period sequence number of instrument within the block

Instrument code

Volume of the block for this instrument

Price of the block for this instrument

Please note the background color of the volume/price pairs indicates buy or sell.

The background color of the whole entry screen indicates buy, sell or both.

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6.10.1

Modify Linked Family Orders

The Trader Module

The Linked Family Modify tool allows for modification of a linked family order.

This option is available via the pop-up menu, option Modify Linked Family..., or by double-clicking any of your own orders that are part of the linked family you want to modify, in one of the Market

Views. For Linked Family Orders, the normal Modify... option can also be used instead.

The Linked Family Modify option is only available if an order is selected to which you have sufficient permission to modify.

Within the Linked Family Modify tool the price and volume can be changed, subject to the normal validation rules.

If the Market Segment allows, Volumes can also be made empty, essentially withdrawing those instruments and/or Blocks.

Note that a parent which still has children cannot be withdrawn independently.

Please note the Linked Family Count: field, which displays the number of Linked Families already submitted out of the maximum allowed per Market, per Organization, per Delivery Date.

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6.10.2

Linked Family Orders Tree view

The Trader Module

In each Linked Family Entry screen the user can opt to display the Linked Family as a tree view.

Press the toggle button

Normal view:

to display a Linked Family as a tree view.

to display a Linked Family as the default entry view.

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Tree view:

The Trader Module

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6.11 The Order Book

The Trader Module

The Order Book is opened by selecting the

View menu.

icon, or selecting the Order Book option from the

The Order Book displays an overview of all orders across all Market Segments you have subscribed to in the view settings.

The Order Book consists of:

Title Bar

Menu Bar

Tool Bar

Order Overview

Order Summary

Order History

Message Bar

Name of the Screen, and the name of the selected view

List of menu options

(Can be switched on / off via view settings)

Displays orders you have set settings to view. Only the last version of orders is shown here.

Displays details in text of the order selected in the order overview.

Displays the version history of the order selected in the order summary.

Displays validation messages.

There are several colors that help indicate various states of orders:

Rose background: Order is Fully Contracted

Steel grey background: Order is Withdrawn or Rejected

White background:

Orange background:

Yellow background:

Order is (partially) Open

Order is sent to the Market Operator Watchlist

Order is On Hold

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6.11.1

Order Book

The Order Book displays the latest version of orders that you have set settings to view for.

In the order details pane the previous versions of the order are displayed when the order is selected in the order overview.

The list can display orders from all Market Segments and Position Accounts that you have permission to view.

Use the View Settings to set your view.

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Order Nr

Header Nr

Instrument

Instrument Begin

Instrument End

Segment

Market

Order Type

Account

Lot

Sell Qty

Buy Qty

Limit Price

Unit

Price Unit

Status

The Order Book displays the following data:

Unique Order number generated by the system, and last version number

Unique Order Header number, generated by the system. Only for Spot

Block and Spot Limit orders

Code of the instrument. If colored light grey the instrument is NOT in the

Auction Scope

Instrument begin time and date (market time)

Instrument end time and date (market time)

Description of the Market Segment

Description of the Market

Type of order. Can be Limit, Spot Limit, Spot Block, etc

Position Account code

Lot size

Sell volume left tradeable in the market

Buy volume left tradeable in the market

The price as defined by a limit order

Trade Unit, can be MW or Therms/Day

Currency denominator

The state of the order. The following states: the order is open in the market, can be partially filled the order is matched and filled the order did not pass all validity checks and was rejected or Instrument

Submit Time

Last Status Time

Submitting Login

Expire Date

Filled

Avg Price

Counterparty

Counter Account

Expiration Type closed the order is withdrawn from the market the order is on hold

Date and timestamp of arrival in the market

Date and timestamp of last modification to the order

User that has entered the order

Date and time the order expires

Volume contracted

Average price of the contract

Displays the Counterparty. For Spotmarket Orders the Clearing House is displayed

Displays the Counter Account. Only displayed if Bilateral or OTC

Good Till Date and End Of Day order types will be displayed here,

Condition

otherwise blank

Order condition. Can be AON, FOK, FAK or blank for a 'normal' order, or x for a Block order

Contract Type, can be Spot, Bilateral, OTC Spot, OTC Futures, Futures or

Contract Type

Deal Time

PGBT

Date and timestamp of the deal entry

Deal Number

Assigned Deal number

Broker Organization

Displays the Broker organization

Broker Login

Comment

Counter Order

Buy/Sell

Displays the Broker Login responsible for the Deal

Displays the comment entered in the OTC Ticket Entry

OrderID of an OTC counter order

Buy or Sell (Red indicates Buy, Green indicates Sell)

Quantity

Cash Value

Applying Date

Lead Time

Volume of the order

Calculated total order value (Volume x Price x Instrument Ontime)

Delivery start date

Number of hours required before physical flow of gas into and out of the network can start

Lead Time Expiration Instrument End Time - Lead Time

Location

Meter

Locational trading points on the Gas Network.

Required for DMC and VLDMC. Meter number must be identical (including case) on both sides to match orders

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Day Rate

Reason Code

Clip Size

Price Tick

The Trader Module

Amount of gas that would be delivered in an entire day assuming a constant flow during the whole day

As defined by Market Segment and Account.

Iceberg order, volume per clip increment

Iceberg order, price increment per tick

6.11.2

Order Summary

In the middle of the Order Book a text field displays detailed information about the selected order in the Order Overview.

6.11.3

Order Details

The Order Details display all versions of the order selected in the Order Overview.

The following columns are displayed:

Version

Quantity

Price

Contr. Price

Contr. Volume

Timestamp

Modifying Login

Status

Day Rate

Reason Code

Clip Size

Price Tick

Version number of the order

Volume in the market

Price of the order

Price contracted

Volume contracted

Date and time of creation of this version

User ID responsible for the modification

Status of the version

Amount of gas that would be delivered in an entire day assuming a constant flow during the whole day

As defined by Market Segment and Account.

Iceberg order, volume per clip increment

Iceberg order, price increment per tick

6.11.4

Export to Excel

In the File menu of the Order Book several Export to Excel options are available.

These options allow you to send a copy of the Order Book display to MS Excel.

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6.12 The Contract Book

The Trader Module

The Contract Book screen is opened by selecting the option from the View menu.

icon, or selecting the Contract Book

The Contract Book displays an overview of all contracts for all Markets you have subscribed to in the

Ticker Settings to optimize personal alerts.

The following information is displayed:

Contr. ID

Instrument

Instrument Begin

Instrument End

Account

Trading Org.

Segment

Contract Type

B / S

Price

Quantity

Price Unit

Unit

Rectify Status

Offsetting Contract

Overtaking Contract

Contract Identifier, unique

Instrument code

Instrument begin time and date (market time)

Instrument end time and date (market time)

Contractor Position Account

Contracting Trading organization code

Market Segment

Contract Type, can be Spot, Bilateral, OTC Spot, OTC Futures, Futures or PGBT

Buy or Sell, red background indicates Buy, green background Sell

Contracted Price

Contracted Volume

Currency denominator

Traded Unit, can be MW or Therms/Day original, rectified, offsetting or overtaking

Order ID of the offsetting contract

Order ID of the overtaking contract

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Timestamp

Order ID

Header ID

Version

Contract Value

Counter Acc.*

Counter Org.*

Clearing Status

User

Deal Number*

Deal Time*

Comment*

Lead Time

Location

Meter

Reason Code

Date and Time of contract creation

Order Identifier of contracted order

Header Identifier of contracted order, only for Spot Block and Spot Limit orders

Contracted order version number

Total price of contract

Counter account, only used for Bilateral and OTC orders

Contracting counter party organisation (will only display information if

Bilateral contract) cleared, clearing pending, clearing rejected or clearing reply pending

Owner user, or Modifying user of contracted order.

Assigned Deal number

Date and timestamp of the Deal

OTC Ticket Entry comment

Number of hours required before physical flow of gas into and out of the network can start

Locational trading points on the Gas Network.

Required for DMC and VLDMC.

As defined by Market Segment and Account.

* indicates columns that are not used in Spot exchange market configuration.

6.12.1

Export to Excel

With the Export to Excel button you can send the Contract Book information to MS Excel.

Click either All or Selection to send the corresponding report to Excel.

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6.13 The Spot Header Book

The Trader Module

The Spot Header Book screen is opened by selecting the

Book option from the View menu.

icon, or selecting the Spot Header

The Spot Header Book displays an overview of all Spot Limit and Spot Block orders for all Markets you have subscribed to in the view settings.

The following information is displayed in the Header display:

Header ID

Group

Family

Parent

Account

Side

Type

Applying Date

Status

First Instrument

Last Instrument

Header Identifier, unique

Header ID of the group

Header ID of the family

Header ID of the parent order

Position Account

Buy or Sell

Limit or Block

Applying date of the header order

The state of the order. The following states: the order is open in the market, can be partially filled the order did not pass all validity checks and was rejected, or instrument closed the order was withdrawn from the market the order was matched and filled the order is on hold

First applying instrument

Last applying instrument

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Insts.

Submit Time

Last Status Time

Volume

Price

Unit

Price Unit

Cash Value

WAP

Description

Reason Code

Number of instruments that have orders within the header

Registered time of acceptance of the order

Registered time of last status change of the order

Volume of the header order, only for block orders

Price, only for block orders

Trade unit, can be MW or Therms/Day

Currency denominator

Cash value of the header order

Weighted Average Price

Free text description

As defined by market segment and account

The following information is displayed in the Header Details display:

Order ID

Header Nr

Instrument

Instrument Begin

Segment

Market

Order Type

Account

Lot

Sell Oty

Buy Qty

Limit Price

Status

Submit Time

Last Status Time

Submit Login

Filled

Avg Price

Condition

Cont. Type

Buy/Sell

Quantity

Cash Value

Reason Code

Order Identifier, unique

Unique number identifying the header

Instrument code

Instrument start time

Market Segment

Market

Order Type

Position Account owning the header

Lot size

Sell Quantity

Buy Quantity

Limit Price

Status of the order, O, R, W, F or H

Registered time of submission

Registered time of last status change

User ID of submitter

Quantity filled

Average price

Condition of the order

Contract Type

Buy or Sell, red background indicates Buy, green background Sell

Total Quantity for the order.

Cash value of the order

As defined by Market Segment and Account.

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6.14 Ticker

The Trader Module

The Ticker screen is opened by selecting the

View menu.

icon, or selecting the Ticker option from the

The Ticker displays an overview of events for all Market Segments you have subscribed to in the view settings.

The Ticker displays the Best Bid / Best offers as they appear in the market, as well as trades done on instruments in market segments specified in the settings.

Note that sounds and colors can be configured in the

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6.15 The Market View

The Trader Module

The Market View screen is opened by selecting the

Market View option from the View menu.

icon, or selecting the

The Market View displays an overview of all orders for any Market Segment you have subscribed to in the

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The following information can be displayed:

Market

Segment

Market name

Market Segment

Instrument

Instrument code

Instrument Begin Instrument begin and time

Divider Line 1

Sum

Bid Vol

Bid

Black line, only a view aid

Total volume of all orders in the market depth for this instrument

Total volume of the Best Bid Buy price

Best Bid Buy price

Divider Line 2

Ask

Ask Vol

Sum

Divider Line 3

Expander/

Collapser

Black line, only a view aid

Best Ask Sell price

Total volume of the Best Ask Sell price

Total volume of all orders in the market depth for this instrument

Black line, only a view aid

Expand to see the Market Depth for up to 4 Best prices for this instrument

Collapse to only see the Best price

Price Unit

Unit

Market Phase

Last

Price Change

Currency denominator used in prices

Traded unit, MW or Therms/Day

Current active Market Phase

Volume and Price of last contract

Difference in price between last traded price and the previous last trade

Turnover

Total contracted volume in this Market Segment

Last Trade Time

Timestamp of last contract

Open

High

Low

Close

P/L

WAP

Opening Price of the trading session

Highest price in this Instrument during it's life cycle

Lowest price in this Instrument during it's life cycle

Close Price of the trading session

Price of last trade - open price

Weighted average price, indicative price where the volume dictates the importance (weight) on the price display. The order with the highest volume has the most impact on this price.

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Selecting a row will display the market depth in the lower pane.

Instrument

Lead Time

Meter

Location

Sum

Volume

Bid

Ask

Volume

Sum

Location

Meter

Lead Time

Instrument code

Lead time buy side

Meter buy side

Location buy side

Added total of all buy orders and those with a better price

Volume per buy order

Price per buy order

Price per sell order

Volume per sell order

Added total of all sell orders and better ones

Location sell side

Meter sell side

Lead time sell side

A Green background color in the Market View indicates an order owned by a Position Account of your User ID.

A Yellow background color in the Market View indicates an order on Hold.

Bold characters for Bid Vol, Bid, Ask and Ask Vol indicate the order to be owned by your User ID.

No Bold or Green indicates an order from any other participant.

An * indicates the order has an All Or None constraint.

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6.15.1

Animations

The Trader Module

Animations give an visual alert about changes in the Market View.

In the settings, different animations can be enabled per Market Segment.

These animations will be triggered by changes in the following columns:

Sum

Bid Vol

Bid

Ask

Ask Vol

Sum

Last

Price Change

Turnover

Last Trade Time

Open

High

Low

Close

P/L

Wap

Animations will run once upon each change. Each animation is 1 to 3 seconds long, depending on the settings.

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6.16 OTC Ticket Entry

The Trader Module

The OTC Ticket Entry tool is opened by selecting the option from the View menu.

icon, or selecting the OTC Ticket Entry

The OTC Ticket Entry tool allows for entry of a single OTC order.

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The following fields must be entered:

Market:

Market

Select a Market from the list

Select a Market Segment from the list

Segment:

Broker:

Trader:

Only available if submitting User ID is a Broker

Seller Account: Seller Position Account

Seller Trader:

Seller User ID

Seller Clearing: Seller Clearing Member (only visible to own Users)

Buyer Account: Buyer Position Account

Buyer Trader:

Buyer User ID

Buyer Clearing: Buyer Clearing Member (only visible to own Users)

Instrument:

Select an Instrument from the list

Volume:

Price:

Enter the order volume

Enter the order price. (note the usage of dots or comma's, depending on your

Date:

Time:

Comment:

Country Settings )

Date of the deal, default set to today. Double-click to access the calendar

Time of the deal, default set to the time of opening the OTC Ticket Entry tool

Free text, maximum 40 characters

Segment details Display with Market Segment details for the selected Instrument

Cancel

Send

Click this button to NOT submit an order and close the OTC Ticket Entry tool

Click this button to submit the order.

The Seller or Buyer will be designated Initiator of the deal by selecting the Initiating Account first.

The title Seller or Buyer will change to Seller Initiator or Buyer Initiator respectively.

The Lot Size: and Price Tic: fields are displays, reminding you of these Market Segment settings.

Any values entered must be increments of these two values.

During the creation of an order a validation framework will provide messages to aid in the correct entry of orders.

This validation takes into account the market parameters, but also your local

Trade Limit settings.

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6.16.1

Broker Special

The Trader Module

As a Broker, the same OTC Ticket Entry tool is used to enter deals for registered Position

Accounts.

A Broker has limited access to the information of these Position Accounts and therefore needs to enter additional information in the OTC Ticket Entry tool.

The Broker: and Trader: fields are enabled and must be filled in.

The Seller or Buyer will be designated Initiator of the Deal, by selecting the Initiating Account first.

The title Seller or Buyer will change to Seller Initiator or Buyer Initiator respectively.

Please note that the Clearing Member fields will remain empty.

The Broker will have the Deal in his Order Book and Ticket Book as two separate orders, which must each be confirmed by the respective parties.

After both trades are confirmed, the deal is completed.

Please note that the Broker can not Confirm or Reject the orders. The Broker can Withdraw either order however, resulting in the withdraw of both orders.

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6.17 Bilateral Order Entry

The Bilateral Order Entry tool is opened by selecting the

Order Entry option from the View menu.

A Bilateral order is a deal between two parties directly.

The Trader Module

icon, or selecting the Bilateral

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Depending on exchange settings, the following fields are available:

Position Account:

Counterparty Account:

Market:

Market Segment:

Counterparty Trader:

Instrument:

Select your Position Account from the list

Select the Counterparty Position Account from the list

Select the Market from the list

Select the Market Segment from the list

Select the Counterparty User ID from the list

Select the initial Instrument from the list

Counterparty Trader: Please note that you can also select brokers in this list as counterparty trader.

Instrument: Selecting an instrument here will fill the list below from this instrument onwards with instruments open for trading after the selected one.

The Buy and Sell buttons: Pressing either one will set the default selection for all Instruments in the lower list.

Autoconfirm: This option becomes available if the exchange allows automatic confirm for registered counterparties. Check this box to allow automatically confirmation of the order by the counterparty.

The List:

Market

Instrument

Counterparty

B/S

Volume

Price

Displays the selected market

Displays the selected Instrument, and all open sequential

Instruments

Displays the selected Counterparty Trader

Buy or Sell, default as set with the buttons. Can be manually set per

Instrument by clicking in the field

Enter the Volume

Enter the Price, can be left empty to indicate no price.

During the creation of an order a validation framework will provide messages to aid in the correct entry of orders.

This validation takes into account the Market parameters, but NOT your local

Trade Limit

settings.

This is despite the option to set these values in the settings.

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6.18 Ticket Book

The Ticket Book is opened by selecting the the View menu.

icon, or selecting the Ticket Book option from

The Ticket Book displays both Bilateral and OTC orders, depending on the permissions of the

User ID that views the Ticket Book.

Tickets in the INBOX can be confirmed or rejected by selecting the ticket, and right-click. The

Confirm and Reject options become available if sufficient permission is granted to the User ID.

These options are also available from the Orderbook.

Tickets in the OUTBOX can be withdrawn by selecting the ticket, and right-click. The Withdraw option becomes available if sufficient permission is granted to the User ID. The Withdraw option is also available from the Orderbook.

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In both the INBOX and OUTBOX the following information is displayed:

Market

Instrument

Counterparty

Counter Account

Submit Login

Account

B/S

Volume

Price

Status

Order Number

Deal Time

Deal Number

Broker Organization

Broker Login

Comment

Counter Order

The Market

The Instrument code

The Counterparty Ticketing

The Counterparty Position Account

The owner User ID

The Position Account of the owner User ID buy or sell

Volume of the order

Price of the order

Status of the order,

List of possible states

Assigned Order number

Set deal time, as set in the OTC Ticket Entry tool

Assigned Deal number

Organization of the Broker, if applicable

User ID of the Broker, if applicable

Comment as set in the OTC Ticket Entry tool

Order number of the OTC counterorder.

6.18.1

Settings

The Ticket Book has no settings that can be edited.

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6.19 Event Log - Trader

The Trader Module

The Trader Event Log screen is opened by selecting the option from the View menu.

icon, or selecting the Event Log

The Event Log displays an overview of events that happened to your orders in the markets. The events that are displayed depend on your