Client Orders

• Hide Client Order controls
  This setting shows/hides all Client Order controls from menus and toolbars. 
• Show fat fingers warning
  This setting is for market orders.  Once this setting has been turned on the Kodiak client warns the user if he is entering an order that will be executed immediately.   
  
  The Market Order Fat Finger Warning
  
  
  The fat fingers warning will appear when:
  1. The bid price you have entered is greater than the best ask price on the market.
  2. The ask price you have entered is less than the best bid price on the market.

  
  

• Show enhanced fat fingers warning 
  This setting is for client orders.  Once the setting has been turned on, the Kodiak client displays a warning in the Client Order form when :

  1. A Bid order is higher than the market best Ask order
  2. An Ask order is higher than the market best Bid order
  3. A Bid order is higher than last and no Ask order is on the orderbook
  4. An Ask order is lower than last and no Bid order is on the orderbook
  5. An order price deviates too far (defined on the server, default value is 10%) from the last price of a given instrument.
     
• Send with Enter key
  Enables/disables user to send an outfilled client order form to the market with the Enter key. An additional warning can also be enabled to prevent mishaps.
• Set advice order as default
  Checks the MiFID "Is Advice" box by default
• Set allocate when filled as default
  Checks the "Allocate when filled box"  box by default
• Show Proxy SSN field

• Set default capacity
  The check box "Set default capacity" determines if the capacity combo box should be preselected on a certain value.
  This setting locks default value to the capacity combo box in: 

  1. New client order (order info, advanced section)
  2. New market order window (advanced section)
  3. New child order (advanced section)
  4. New trade report
• Set default time in force for fills
  When the trader creates an order from Watch List or Market Depth then the selected TIF is set in the Market Order window
• Default GTT
  The default value of the good till time when TIF is set to GTT when creating a client or market order
• Set manual commission by defaultWhen enabled, OMS does not autofill the commission box
• Paid in Cash as default

Short Codes

This section offers users to configure the default values for the new MiFID II Order Entry fields, it also offers to hide the fields from the Order Entry Windows.

More information about the new MiFID II Order Entry Fields can be found here.