Page Comparison

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Tip

title	New Features

Context Information

Relevant information about the client, portfolio, account and MiFID are show in grey areas next to the respective input field.

The portfolio context information will display the current shares on hand with a pop up display when you place your mouse over the icon besides the number. It will also display a warning message for the portfolio if present. A "Sell all" button is also shown which will fill the side to Sell and the quantity to the shares on hand.

The account context information will display the available funds for that account. If you place the mouse over the icon besides the amount display a pop up will appear which displays current balance, overdraft and available funds.

Portfolio input

You can now enter the external reference # of a portfolio and Kodiak OMS will select the customer for you.

Account

The account dropdown is now larger.

Order Reference

You can now insert and Order Reference number to connect Kodiak client orders to orders in other systems.

Trade and Settlement dates

The trade and settlement dates will be displayed along with the number of settlement dates for the chosen orderbook.

Description
The Client Order Entry Window allows you to create a client order and send it to a broker (DMA/Manual) or a market (DMA).

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Functionality
The Client Order entry window is used to create client orders. To create a client order the user must fill out the Market Order details: select the side (B/S), quantity, type in the instrument he wants to trade, the price, order type, visible quantity, TIF -- Á þetta heima hér?, broker , broker and handling instructions. The user must also fill out the client details: Type in the Name (auto complete), select communication method, fill out the client comment, select the portfolio details, account details, fee type and the fee. The user must also tell the system if the order is an advice order or not.

If the order is an advice order then the user must take the MiFID test.

Once all the details have been filled the user can "Create" the order or "Create and Send" the order.

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Picture: Client Orders Entry Window - An equity order, advanced features visible.

Field descriptions

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Field
Description
Notes
Order


B/S Buy or Sell order

Quantity The Quantity being bought or sold

Symbol The symbol/company Auto complete text box. Type in the first letters and the system will suggest from available instruments.
Price (ISK) Price - used to specify a limit price for the order.

Order Type Order Type Limit, Market, LOO (Limit-On-Open), LOC (Limit-On-Close), MOO (Market-On-Open) , MOC (
Limit
Market-On-Close), IOOC (Imbalance On-Close), IOOP (Imbalance On-Open Orders)
Visible
Visible Quantity - Usually called iceberg order.
The quantity that will be displayed on the market.

Display Range The dispaly range for a given order The display range is used for iceberg orders. The visible market quantity will be a random number not to exceed the display range.
Hidden Makes the order hidden. This only works for orders with large quantity.

TIF Time In Force Day, FOK, IOC, GTC, GTT
Time The good till time Only visible if TIF = GTT
Minimum quantity Minimum quantity for the order to be filled

Broker The broker that the order will be sent to Default for icelandic markets is INET
Handling How the broker will handle the order.
DMA, Manual.
Nordic@Mid Specifies whether the order is a Nordic@Mid order. Nordic@Mid orders do not appear in Market Data. They only appear in your Market Orders view.
Advanced

Field in the advanced area are default hidden. To display them, click the "Advanced" button in the button panel at the bottom.
Capacity On whose behalf the order is submitted

Routing Order routing strategy provided by the exchange

Peg Type Peg Type

Peg Diff Peg difference in number of tick steps

STP Level The STP Level for this order. See Self Trade Protection (STP)
Trader Group A 2 character value designating the trader group See Self Trade Protection (STP)
STP Action What action should be taken See Self Trade Protection (STP)
Clearing Firm Free text field used to specify the give-up firm.

Clearing Account Free text field used to specify an account to the clearing house

Client


Name Name of client When name is entered, OMS will automatically find the clients information and open his portfolio.
Portfolio Clients portfolio KODIAK Oms will automatically open a clients portfolio when the client has been added.
Account
Choose clients account, if available.

Paid in cash Check box if the order is paid in cash.

External
Allows for custom input of account

Commission Cat. The commission group for this order

Commission Commission value

Commission Type What type of commission

Processing Fee The monetary value of the processing fee

Trade Date The trade date

Settlement Date The settlement date

Communication The method of communication in which the order came in Choose between phone, mobile, email, instant messaging programs, in person, general internet or undefined.
Comment Add an optional client comment.

Order Reference A user specified value which references orders from external systems This value can be a maximum of 10 characters. It is sent to the market
Is Advice Check box if the order is an advice order.

Show MiFid Click to show clients MifFid registration.

Information Fields

Field
Description
Notes
SSN The SSN of the client

Ref.# The reference number for the client in the external system

MiFID The MiFID category of the client

Shares on hand Shows the number of shares that are available to sell A tooltip will be shown when the mouse is over the box which displays more information about the Shares on Hand.
Available funds The available funds in the chosen account

MiFID test status The Mifid status for the order

Summary
When all fields have been filled out, a summary will be calculated for the trade on the right side of the client.

Summary
Orderbook
--
The name of the Orderbook
Asset Class Reference ID of the order.
Is Complex
--
Whether or not a given orderbook is complex in regards to MiFID
Quantity Total quantity being bought or sold
Price ISK Clean price of each share
Total Value Total value of the shares
Commission
--
Commission Amount
Processing Fee
--
Processing Fee Amount
Total cost
--
Total cost to the Order
Total Invoice Total sum of all invoice amount.
Summary

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Versions Compared

Old Version 6

New Version Current

Key

Context Information

Field descriptions

Information Fields


Symbol	The symbol/company	Auto complete text box. Type in the first letters and the system will suggest from available instruments.
Price (ISK)	Price - used to specify a limit price for the order.


Order Type	Order Type	Limit, Market, LOO (Limit-On-Open), LOC (Limit-On-Close), MOO (Market-On-Open) , MOC (


Display Range	The dispaly range for a given order	The display range is used for iceberg orders. The visible market quantity will be a random number not to exceed the display range.
Hidden	Makes the order hidden. This only works for orders with large quantity.


TIF	Time In Force	Day, FOK, IOC, GTC, GTT
Time	The good till time	Only visible if TIF = GTT
Minimum quantity	Minimum quantity for the order to be filled


Broker	The broker that the order will be sent to	Default for icelandic markets is INET
Handling	How the broker will handle the order.	DMA, Manual.
Nordic@Mid	Specifies whether the order is a Nordic@Mid order.	Nordic@Mid orders do not appear in Market Data. They only appear in your Market Orders view.
Advanced

		Field in the advanced area are default hidden. To display them, click the "Advanced" button in the button panel at the bottom.
Capacity	On whose behalf the order is submitted


STP Level	The STP Level for this order.	See Self Trade Protection (STP)
Trader Group	A 2 character value designating the trader group	See Self Trade Protection (STP)
STP Action	What action should be taken	See Self Trade Protection (STP)
Clearing Firm	Free text field used to specify the give-up firm.


Clearing Account	Free text field used to specify an account to the clearing house


Name	Name of client	When name is entered, OMS will automatically find the clients information and open his portfolio.
Portfolio	Clients portfolio	KODIAK Oms will automatically open a clients portfolio when the client has been added.
Account	Choose clients account, if available.


Communication	The method of communication in which the order came in	Choose between phone, mobile, email, instant messaging programs, in person, general internet or undefined.
Comment	Add an optional client comment.


Client


Order Reference	A user specified value which references orders from external systems	This value can be a maximum of 10 characters. It is sent to the market
Is Advice	Check box if the order is an advice order.


Ref.#	The reference number for the client in the external system


Shares on hand	Shows the number of shares that are available to sell	A tooltip will be shown when the mouse is over the box which displays more information about the Shares on Hand.
Available funds	The available funds in the chosen account

The name of the Orderbook
Asset Class	Reference ID of the order.
Is Complex

Whether or not a given orderbook is complex in regards to MiFID
Quantity	Total quantity being bought or sold
Price ISK	Clean price of each share
Total Value	Total value of the shares
Commission

Total cost to the Order
Total Invoice	Total sum of all invoice amount.