sigla
invest ideile

Oasis Trading Platform
XNET Trader System Requirements
Trading orders for Futures
Trading orders for Spot
Trading calendar
Trading corrections
Market data

Placing orders in XNET Trader

The investors on Sibex SPOT markets place trading orders in XNET Trader.For submitting an order they must select the instrument from the Watchlist, execute right click and select Buy or Sell. To create a broader picture about the quotes placed in the market for the respective instrument, it is recommended to open the Price Ladder window, from which also orders may be placed. Thus, the order ticket will open and the empty fields may be filled in.

Details regarding the order ticket fields :

  • Account: If the user is a Client, then the field is automatically filled in with the customer code. If the user is a Broker or an Admin, then he will select the client account for which to place the trading order. Initially, the field is empty and the user must select the account by click-ing the sign from the right part of the field and then selecting the desired account.

  • Symbol: Automatically, the financial instrument that was selected when executing right click will be placed in the Symbol field of the order. If the user wishes to select other instrument, he will click the sign next to “Symbol” and select from the list displayed any other instrument.

  • Side: the user selects the operation related to the respective order: Buying or Selling, respectively SELL for selling and BUY for buying.

  • Price: The field is automatically set on 0.000 values and the user can directly set the trading price. The format of the values displayed in the respective field is numerical, only positive values are accepted, maximum 4 decimal places; the separation between the round number and decimals is made by dot or comma. Also, the value registered in the Price field may be increased or decreased step by step by performing click on the arrows available in the right side of the field.

    By right click-ing the field price the following window will appear:


    with a series of options regarding the order execution price:
    LAST- the price of the last trade concluded with the respective instrument
    PREVIOUS – the price of the trade performed before the last trade
    BID – the highest buying price reflected in the order book
    ASK – the lowest selling price from the order book
    CEIL – the maximum trading price of the instrument during the respective trading session
    FLOOR - the maximum trading price of the instrument during the respective trading session
  • Volume: In this field the quantity of financial instruments is introduced. Also, the value registered in the Volume field may be increased or decreased by performing click on the arrows available in the right of the field.

    In this field the quantity of financial instruments is introduced. Also, the value registered in the Volume field may be increased or decreased by performing click on the arrows available in the right of the field.

  • Duration : Select the validity period of the trading order. The implied option is DAY.

    • DAY - Good for Day - orders which, if not executed or cancelled, remain active until the end of the trading session during which they were added; they are automatically cancelled by the trading system at the end of the trading session during which they were added.

    • GTC- Good till Cancel - orders that, if are not cancelled, executed or become invalid from the point of view of the conditions defining them, remain active with no time restriction, as long as the price condition defined for them falls between the maximum and minimum of the price interval allowed for the financial instrument it refers to.

    • GTD - Good till Date - orders that, if not cancelled or executed, remain active until the end of the trading session of the day stipulated by the order’s initiator, as long as the price condition defined for them falls between the maximum and minimum of the price interval allowed for the financial instrument it refers to.

  • Transmit: Click on this button will send the trading order in the market. Before sending the order, a “Confirmation” window will be displayed (in case the confirmation option is checked)