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Auto Broker
Posted by Mohammad Rahhal, Last modified by Diana Alkouni on 08 September 2020 07:01 AM
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In the Auto Broker tab you can control the way how your system will act and handle clients orders. It contains the following options:
| Option |
Description |
| For Market Orders |
You can choose one of these three options:
- OFF Auto Broker for all symbols for all accounts:
Choosing this option will let all the market orders from all clients to be sent to the dealing room chatting screen window, waiting to be accepted, rejected or re-quoted from the dealing room.
- Conditional Auto Broker (From Parameters):
If you choose this option, the Auto Broker will function as you set it for the groups/ clients parameter. Usually this option is used when you want to set the Auto broker for some groups to OFF and other groups to ON.
- ON Auto Broker for all symbols for all accounts:
By choosing this option all the market orders for all clients will be accepted automatically.
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| For Limit/Stop orders |
You can choose one of these three options:
- OFF Auto Broker for all symbols for all accounts:
Choosing this option will let all the Limit/Stop orders from all clients to be sent to the dealing room chatting screen window, waiting to be accepted, rejected or re-quoted from the dealing room.
- Conditional Auto Broker (From Parameters):
If you choose this option, the Auto Broker for the Limit/Stop orders will function as you set it for the groups/ clients parameter. Usually this option is used when you want to set the Auto broker for some groups to OFF and other groups to ON.
- ON Auto Broker for all symbols for all accounts:
By choosing this option all the Limit/Stop orders for all clients will be accepted automatically.
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| For Account Liquidation Orders |
The use of this option, when the client(s) reach to the liquidation point/ level, all his open positions will be closed and the orders will be closed according to the following options:
- OFF Auto Broker for all symbols for all accounts:
Choosing this option will let all the liquidation orders from all clients to be sent to the dealing room chatting screen window, waiting to be accepted, rejected or re-quoted from the dealing room.
- Conditional Auto Broker (From Parameters):
If you choose this option, the liquidation will be handled as you set it for the groups/ clients parameter. Usually this option is used when you want to set the Account Liquidation for some groups to OFF and other groups to ON.
- ON Auto Broker for all symbols for all accounts:
By choosing this option all the liquidation orders for all clients will be accepted automatically.
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| Chatting Configuration |
In this part, you can define what the system will be doing to the received order to chatting screen for:
- After how many seconds the orders will be passed to another dealer.
- After the orders timeout without any action in certain seconds (to reject or accept the orders).
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See Also
Back to System Options
Back to Help Index
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