Spread Trader allows for automated trading of equity Pairs, providing a broad range of functions optimized for risk arbitrage and other spread trading strategies. Through the Spread Trader interface you can control all aspects of order generation and management. The AutoTrade agent automatically generates and manages orders based on the Pair parameters and System Risk Controls you define (i.e., the AutoTrade agent submits, cancels, replaces, and suspends orders in response to changing market conditions).
You can manually manage AutoTrade agent-generated orders through the Order Detail View pane (i.e., the Order Blotter) to control hedge risk or extend the current Initiate strategy. See the Working with Spread Trader topics for more information.
The access rights assigned to your User ID will determine what information you can view and/or update.
The default Spread Trader is made up of the following components:
Order Detail View Column Headers
You can add or remove the Title Bar, or Toolbar to/from Spread Trader.
Select the Spread Trader
icon from the REDIPlus
Application bar, and Spread Trader appears.
Right-click in Spread Trader, select Properties from the shortcut menu, and the Properties dialog box appears.
Click the Settings tab, and select or clear the appropriate checkboxes from the View category; see the Spread Trader Settings topic for more information.
When finished, click [OK].