CQG will again this year at the FIA be displaying some of our latest developments for traders. Here, I will give you an early view of two of our latest work for traders using CQG for order routing: bracket orders and trailing limits.
Bracket orders
Bracket orders are an OPO (order-places-order) combined with an OCO (order-cancels-order). The […]
Another feature coming in 7.6 is the ability to link windows. There is a main or parent window and then all of the other windows are linked to the parent window. If you change symbols in the parent window, for example in the image provided the Quote spreadsheet is the parent window, then the other […]
Version 7.6 should be released later on this year and it has some features that combine monitoring the markets and order routing into one solution. The Quote Spreadsheet has additional columns available for placing orders at the current best bid or offer, as well as at the market. You can set up groups of markets […]
Here is another new feature coming in 7.5: The Order Display Study places symbols for executed trades, resting limit orders, and stop orders on the Market Profile Chart. And, you can trade right from the Market Profile chart using SnapTrader.
For example, here, a short sale was made in the “D” period, (highlighted in red), and […]
Another feature in 7.5 is Quantity Triggered Stops (QTS). When you use the QTS order you set a threshold for what the bid or ask size in the exchange order book has to drop below before your stop is sent in. This means that if you have a stop resting below the market, and the […]
Executing orders is a critical skill for traders to master. Understanding what orders are used for and how to employ them is as important as developing market analytical skills. First, some definitions for new futures traders:
Bid: An order to buy with a set price and quantity.
Jargon: “I am bidding 50 for 10.” The trader is […]
Believe it or not, before I started working here at CQG in January of 2006, I had been using their analytical platform since 1984 (except for a couple of years in the early 90s). So, I have watched how the platform has evolved. At this point, the CQG product has moved from analysis to the […]