Linking Windows

If linking is on in any other widgets, you will see the link group color show up in the list. If you already have a quote board with linking turned on, and you're planning on pushing symbols to this widget, you can select the link color instead of entering a symbol. You can enable linking at any time in the tabs.

You can view order information in CQG Desktop on the HOT grid and anywhere you see an order listed: Orders & Positions windows, orders drop-downs in HOT, etc.

In the order pop up and in the HOT grid, you can see an information icon for each order.

Click the icon to open a dialog where you can copy or send the order information. You can also modify or cancel an order from here.

You might be wondering where the pencil icon went to initiate modifying an order.

In the order popup (both in buy/sell columns and at the top of HOT), simply click an order to open the Modify Order dialog.

• Orders are listed in the order display at the top right of the HOT, QB or Chart, on the price grid of the HOT, or the Orders widgets
• Click an order in the order popup, it will open the modify order dialog
• You can change size or price
• The order price is shown in relation to bid/ask, and orientation changes as the price level is modified
• Hit the Modify button to submit changes

Server-side bracket orders can bring significant peace of mind when trading.

Brackets must be enabled in preferences.

• Once the option is enabled in preferences, in the HOT, go to the OCO dropdown and select 'Bracket mode'.
  
• The control will then show BRKT and the number of ticks for the target profit order and stop loss order.
• Click on the BRKT to enable the mode for your next order.
  
• When you place your next order, the confirm will show options for the bracket order, and you can
  • toggle target profit and stop loss OCO orders on/off independently
  • alter the number of ticks away from the original order to place the OCOs
  • select available order types
    
• Here's a video of the workflow and to show the brackets in action:

OCOs

Use OCO functionality in the HOT to protect a position.

• Initiate the OCO mode by clicking the Start button next to the OCO label.
• Place the stop loss and target profit orders by either drag and drop or using the trading buttons.
• Click the Stop button to submit the OCO orders. When one of the orders fills, the other will be cancelled.

Filled Order Workflow

In the Fill report and in the Orders widgets, you can easily add a stop-loss order, or add OCO orders to bracket your fill.

• In the fill report popup, access order actions from the dropdown.
• You can launch the order info dialog, duplicate the order, place a stop loss or place two OCO orders with a target profit and a stop loss order.

In the Orders widget, access these order actions from the dropdown triangle.

CQG offers a suite of Smart Orders that includes trailing limit orders.

A trailing limit order tracks the market, automatically adjusting its price level position in the exchange’s order book.

For a buy order, as the best bid/offer/trade (depending on your settings) moves up, your order moves up with it based on the trailing offset. When the best bid/trade/offer trade moves down, your order holds. When the best bid/offer/trade matches your order price, the order executes.

For a sell order, as the best bid/offer/trade moves down, your order moves down with it.

For example:

• You’re trading EP.
• The trading preference is set to Current Bid on buys, Current Offer on sells.
• The current bid = 2270.50.
• You place a buy trailing limit = 2269.50, 4 ticks from bid, which is a trailing offset of 100.
• (Offset is determined by where you place the order. Tick size = .25, so 4 ticks = 100 offset.)
• If the market moves up a tick, your order moves up a tick. Your order always maintains the trailing offset as the bid moves up.
• As the bid comes down, your order stays put.
• When the bid comes down enough to match the price of the order, the order is executed.

Placing these orders requires enablement from CQG and from you in Smart Order Preferences.

Modify size or cancel trailing limit orders as you would for any orders on the DOM. You cannot change the price of trailing orders.

To enter trailing orders

1. Click the Trailing Order drop-down arrow and select Trailing Limits and/or Trailing Stops, like this:
   
2. Click on the main part of the split button it shows up in orange, indicating that the mode is 'ON':
   
3. Place your order.

Go Market command for working orders

Go Market will convert a working limit or stop order to a market order. In the Orders, HOT, and Working Orders dropdown in toolbars, click on the triangle next to order and select Go Market from the menu of order actions.

Placing Limits above Market

• When selecting a price above market, you have the option to place a buy limit order as well as a buy stop order.
• You can set the preference, per symbol, for the range of ticks for forcing a limit or stop when placing orders via drag and drop.
• To find the limits vs. stops preference, open Preferences and search for Limits.
• This applies to HOT (Hybrid Order Ticket) and trading from the chart.

Sweeps

Sweep mode enables trades into the opposite side of the market and takes all resting orders in the book up to your price. Since functionality like this has high impact, it must be purposely turned on in preferences.

Symbols must be explicitly added to be included in sweep mode.

Once a symbol is added to the sweep list, clicking the DOM column will place a sweep order into the market.

The software will always force a confirmation window for a sweep order to prevent unintended orders. The order size in the confirmation shows cumulative size up to the price that was selected. Yellow text shows the warning. Sweeps can be turned off at any time in preferences.

Post-only orders

Post-only orders are available to certain markets. A post-only limit order ensures the limit order will be added to the order book and not match with a pre-existing order. If an order would cause a match with a pre-existing order, the post-only will be canceled. This allows for more control for not placing aggressive orders and paying higher fees.

Parking

Turn on the park and activate functionality in Preferences.

Open the preferences dialog, type "park" in the search field, and click Enable Park/Activate functionality.

Park Mode in HOT/OT

Once you turn on park functionality, you will see the park control in the HOT and OT/trade widgets.

Clicking the area with the P will turn park mode on and the next order placed will be a parked order. The control will turn orange to indicate park mode is on. Click again in the area with the Pto turn park mode off.

The drop-down next to the park control allows you to park and activate an order in a specified number of minutes or at a specified time.

Custom Park and Activate Setting History

If you have used the feature for setting a custom activate time for parked orders, the custom setting will now show up in the Park menu for quick access.

Parking a Working Order from the Orders Widget

When an order is working, clicking the triangle drop-down will reveal some optional tasks for that order. When park/activate functionality is enabled, parking options show up in the menu just like in the trading interface. The Park selection will immediately park the order. The Park and Activate in X min items will park and activate the order in the chosen amount of time or specified time (custom).

Activating a Parked Order

When an order is parked, clicking the triangle drop-down will reveal some optional tasks for that order. The Activate selection will immediately send the order into the market. The Activate in X min items will activate the orders in the chosen amount of time or specified time (custom).

Park All/Activate All

To turn on Park functionality, do the following:

• Open the Preferences dialog.
• Enter "Park" in the search field.
• Enable park and activate the functionality.

Park All and Activate All buttons appear in the Orders widget and the Orders popup.

Tap the order dropdown display to cancel or go flat if there are working orders.

Tap the position display to liquidate or go flat if there is a position.

Display Multiple Accounts or All Accounts

For orders, positions, and account widgets open the account filter in the widget toolbar to choose the accounts you want to view or select All accounts.

Using account linking from the Account widget

If you are a broker or manager of many accounts, you can use the linking functionality to improve workflow.

• Add the Account Summary Widget (Trade > Account Summary)
• Set the Account Summary widget to all accounts
• Link the Account Summary widget to the Orders widget and HOT.
• Selecting an account in the Account Summary widget will push that account to the Orders widget and HOT.
• Clicking that account again will restore the Orders widget to show all accounts.

Highlight an account

In the Accounts widget, select an account and click on the color icon in the toolbar to select a color.

Quick filter in Accounts, Orders and Positions widgets 

In the toolbars of each of these widgets, use the "Type to filter" field to narrow the table of data by symbol, status, duration, or any numeric field.