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The Market Maker Control helps market makers to manage multiple orders in the same orderbook. The control was designed to divide position of market markers makers to more orders than is possible in the Price Quote Control. This allows the market makers to have a higher volume weighted average spread and a lower position exposure at lower effective spread.
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Abort (Red button): Cancels all the private orders (orange markers on the chart) for the selected instrument.
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Green/Red Vertical dashed line: Indicates where the volume weighted average price of all your orders is.
Orange lineborder: Your private data orders cumulative quantity, is only shown if there have been changes to your private data orders (execution) or when you change the configuration.
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Grid and Chart highlighting
No highlight: No orders private orders on the orderbook | |
Light Blue: Orders have been sent and are live on the market | |
Green: The orders are being sent to the market | |
Orange: The orders have changed since you last sent the orders to the market, possible execution on your orders. | |
Steel blue: The settings have been edited since you last sent the orders to the market. | |
Red: Error sending orders to the market or fat fingers warning where your orders will be executed if you send them to the market. Hover the mouse over the row to see the error message. |
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Settings per instrument | |
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Mid price | The mid price from where your orders are calculated from |
Price tick | The price difference between orders |
Use total volume | Whether to use volume or value to in total buy/sell amounts and grain size |
Use grain size | Whether to use grain size when calculating orders |
Total buy volume/value | Total buy volume or value on all orders for instrument |
Total sell volume/value | Total sell volume or value on all orders for instrument |
Grain size volume/value | Grain size volume or value used when calculating orders |
Chart Range | + / - Chart range from mid price |
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