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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 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

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No highlight: No

orders

private orders on the orderbook

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Light Blue: Orders have been sent and are live on the market

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Green: The orders are being sent to the market

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Orange: The orders have changed since you last sent the orders to the market, possible execution on your orders.

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Steel blue: The settings have been edited since you last sent the orders to the market.

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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

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

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

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Add

Add new instrument to the control

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Send all

Send orders for all instruments in list

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Get last for all

Get last sent setting for all instruments

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Cancel all

Cancel all orders for all instruments in list

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Recenter chart

Recenter the chart to current mid price

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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.