DOMTrader System Modes

It is important to pay attention to the mode your DOMTrader is in when you place an order because it affects how an order is filled.

When DOMTrader is in Market Mode, the cursor moves up or down as the market moves up and down in a liquid market. If you press the Sell key or Buy key, you would place a market order that will be filled with the best Bid or Ask price.

DOMTrader is in Place Order Mode when the Price column is active and selected, and the selected price is higher or lower than the current market price. If you press the Sell key or Buy key, you would place a limit or stop order.

In Browse Order Mode, you can browse through the working orders in DOMTrader. Place DOMTrader in Browse order by mode pressing the CTRL key. The cursor moves to the nearest Working Order. Press the UP or Down arrow to move to the next nearest Working Order. While in Browse Order mode, press the Space bar to view the order details window. To close the order details window, move the mouse.

When DOMTrader is in Modify Order Mode, you can change the quantity and symbol for a working order. This is a sub-mode of Browse Order Mode that is active only while you are modifying an order. If you select the Buy or Sell cell for an existing order and then enter a new quantity using the numeric keypad, the price selector and rectangle around the Send Order symbol changes color.