Advanced Orders

Maximum Flexibility

Our full suite of advanced orders can be used to preserve and execute your trading strategy.

• Set your positions in our Position Task manager
• Customize your alerts globally in our Alerts Manager
• Multi-legged Brackets
• Multiple Brackets
• Trailing Stops
• OCO (Placed on either side, regardless of market.)
• MOO and MOC for both Pit and Electronic
• Iceberg
• Time Conditioned Orders
• Park Orders
• Upload Basket Orders
• Scale In/Out
• Reverse Position
• GTC (Good Til Canceled)
• MIT (Market If Touched)
• OSO (Order Sends Other)
• Volume Based Stops
• New, more powerful Position Task manager

Strategy Order Builder

This multi-legged bracket feature gives you unlimited flexibility to configure up to 3 brackets with ticks, points or currency targets, and place OCO, MIT, Trailing Stop or Stop Limit order types.

All Orders Held Server Side

One of the keys to our speed and reliability is the fact that all critical data is kept on our server, rather than on your PC. This protects you from unpredictable connectivity between your PC and the server, and eliminates storage requirements on your PC. In the event that the connection from your PC to the server is lost, all working orders will continue working on the server. Bracket orders created using the "Strategy Order Builder" are held on the client PC.

Scale In / Scale Out

This "single click" function allows traders to adjust positions and create protective stops and limits. Active traders can scale in and out of positions without worrying about manually adjusting stops and limits. This customizable feature automatically adjusts your working protective stop orders and limit orders as you scale in and out of your core position.

Park Orders

Enter orders 24 hours a day, even for pit markets. These orders will be held server side until they are released at market open. Or enter as many orders as you like, park the orders, un-park and release the orders when you want them to begin working. Enter buy AND sell orders in anticipation of news or events, and release the appropriate set based on resulting market reaction to the news.

Upload Basket Orders

For easy order generation and execution, upload multiple order details, in bulk and across any contract, from Excel into the OEC Trader. CTAs and professional traders who generate large baskets of system orders now have an easy, efficient and accurate way to manage the order flow of large batches.

Inter-Product Spreads

Open E Cry has added support for the following spreads:

• Calendar spreads
• Commodity spreads
• Currency spreads
• Index spreads
• Inter Product spreads
• Rate spreads

An Inter-product spread buys the first and sells the second component. The components refer to different underlying contracts, usually with the same expiration month. Inter-product spreads are treated as separate products. If an Inter-product spread is executed there will be 2 separate positions for two different products located in the positions window.