This control is an add-on for the Kodiak OMS Client. Contact help@kodi.is for further details.
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 linelines/border: 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 |
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. |
Settings per instrument | |
|---|---|
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 |
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 |
Default settings for control | |
|---|---|
Use grain size default setting | Sets the default value for “Use grain size” when adding new instruments |
Use total volume default setting | Sets the default value for “Use total volume” when adding new instruments |
Default chart range from mid price | Sets the default value for “Chart Range” when adding new instruments |
Capacity | Sets the default capacity on orders sent from the control |
Shortcode settings | Sets the default shortcodes sent when sending orders from the control |
Toolbar | ||
|---|---|---|
 | Add | Add new instrument to the control |
 | Send all | Send orders for all instruments in list |
 | Get last for all | Get last sent setting for all instruments |
 | Cancel all | Cancel all orders for all instruments in list |
 | Recenter chart | Recenter the chart to current mid price |
 | Settings | Opens default settings for the market maker control |
Examples
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Above is an example of how the control would look like if the your best ask order would be fully executed
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Above is an example of the dark gray background that appears if your desire orders will be executed when you send them to the market.