EQ Trader Installation-Platform Manual-User Manual
Contents
1. Anglo American Platinum Ltd Anglo American Platinum Ltd Anglo American Ple The Product Navigator consists of three tabbed views containing product information 1 Products The Products tab displays all instruments stocks that are offered by GT247 com To view the list of all available instruments double click the folders 2 What s New The What s New tab displays any new products instruments offered by GT247 com 3 What s Hot The What s Hot tab displays the current ten most popular GT247 com instruments Ratings for each of the top ten instruments are based on trade volumes and technical indicators and this list is updated live User Manual Product Navigator Key Features of the What s Hot Tab Bull Bear Indicator A real time technical indicator which displays G1247 com s trader sentiment and displays the relationship between bullish buy and bearish sell traders for each instrument Bull Bear Ratio Description Image lt 19 Extremely Bearish w S gt 20 and lt 40 Moderately Bearish gt 40 and lt 60 Neutral E 80 Slightly Bullish L Moderately Bullish YY Volatility Indicator An indicator which is designed to show the variance of the instrument s 30 day volatility from the average 30 day volatility of all CFDs offered by GT247 com mouse over the indicator to show the instrument s actual volatility The indicator is updated on a weekly basis Relativity to Av2. 197 Mins ole at price Ap Enter the number of shares required elect amp buy orsell optan 2 Input the number of shares you intend to buy or sell in the Number of Shares box and the output box will then reflect the trade cost 3 Once you are satisfied with the details click on the Trade button i ith aiji le noe ly H LICE of OF KI EG WI DR IR rage Brot ter Lg ri iii O Hi Fig fe ech eh eh 1a F D mi FLrersag i si JESS AEFI RER It W KSE Far 4 Once you have successfully placed a new trade it will be added to the Open Transactions window 18 User Manual a Pees TI E Crd CT a E IZ Pomiri T as De GZ i S Ce Lo a si a Ae OF au aes aT E Ze Pih Ariki TED Lech Siem Kg o CET ja ts BE GET LI E Be Ln FACE gl Hig A 210 08 Be ka TAF Your open position s will be updated real time in this window and you will be able to view the profit and loss update on a daily basis through the daily Mark to Market process You have two options to close a trade Option 1 To close a trade you need to follow the same procedure when you opened the trade BUT in the opposite reverse direction of your current open position Option 2 1 Select the trade in the Open Transactions window that you want to close and right click Trade aren Rosa 2 Select the Trade Current Position option This will enable you to partially or fully close the current position 19 Place a Trade Place
3. borrowed from your broker For instance if you were to buy CFDs to the value of R100 000 GT247 com could ask for a deposit of R10 000 and lend you the balance of R90 000 This means that you do not need to fund the entire position but simply put up a percentage margin which is determined by your broker Gearing enables you to profit significantly if the market moves in your favour i e the direction that you expect but at the same time you risk significant losses if the market moves against you Hedging The practice of undertaking one investment activity in order to protect against loss in another e g selling short to nullify a previous purchase or buying long to offset a previous short sale While hedges reduce potential losses they also tend to reduce potential profits illiquid A market that doesn t have much volume It can be moved disproportionately by a small amount of business and often results in wide bid offer spreads Long Opening a purchase buy position because you expect the underlying market to rise If you go long you will buy at the opening price and expect to sell at a profit when the price rises Margin A margin is the cash deposit you are required to make when you enter into a geared leveraged transaction The margin provides collateral to cover any losses that may result from your trade Margin call In the event that you suffer losses on your trade upon Mark to Market those losses will be debited fr
4. prices the period and subsequent cash flows are settled daily As long as you meet these obligations you will receive the full economic benefits of share ownership that is price appreciation dividend yield and other corporate action effects The only exception is that you are not entitled to voting rights associated with share ownership However should you fail to meet your obligation like the bank the broker will exercise the right under the CFD contract and place the position up for sale The proceeds from the sale will be offset against your capital requirements and the balance will be for you to settle User Manual Advantages of CFD Trading CFDs are relatively inexpensive to trade with competitive commission and financing rates CFDs are very simple to trade and more transparent than other trading alternatives CFDs suit most trading strategies and can complement your existing investing methods Low capital requirements CFDs are a leveraged product which means that you can seek to profit from price fluctuations without putting down large amounts of capital Enjoy leveraged trading up to 100 15 with GT247 com CFDs enable you to profit from both rising and falling markets You can go both long and short on shares without holding the underlying asset Anonymity your identity is not disclosed in a CFD transaction only the CFD writer is disclosed to the share transaction No exchange fees STRATE Insider Trading Levy an
5. to pay the dividend on pay date The pay date is generally 2 weeks after ex date but this does vary from company to company If there was a dividend to be paid on Anglo American where the share goes ex on 6 August and you are holding the shares overnight then you must pay the dividend on pay date If the dividend was R10 the amount of the net dividend to be paid would be R10 000 1 000 shares x R10 R10 000 Current contract size 1 000 shares Dividend Adjustment X R10 Net Dividend Due R10 000 31 User Manual Trading Examples Mark to Market Process On a daily basis profit and loss is realised on your account through mark to market On the close of business on 6 August Anglo American closes at R265 5 The mark to market takes into account the profit made on the position for the day along with the interest on the position for carrying it overnight M2M loss Closing Level R265 5 Opening Level R269 6649 Difference R4 1649 Profit on Trade R4 164 90 Interest Credit R33 97 Overall Profit R4 198 87 Closing the position The following day Anglo American rises to 27407 25 27722 90 and you decide that it looks as if it wants to continue to rise and so realise a loss You trade at the offer price of 27722 90 As the previous days profits have already been reflected in your trust account the trade Is then mark to market at the close of business reflecting the profit for the day Your loss for the trade on the day is calculate
6. 000 and 1 000 seconds 0 000 to 0 100 seconds nni 0 101 to 0 500 seconds i 0 501 to 1 000 seconds mill 1 001 to 1 500 seconds malt 1 501 seconds a connection error 27 User Manual Trading Examples Simple Example Buying Anglo American Trade at the market price on the platform with your commission built into the price You pay a margin on the trade which is a percentage of the notional value of the trade Opening the position On the morning of 6 August 2009 you decide that Anglo American looks like a good buy and you decide to open a position The current spread on the GT platform is 26966 49 27257 61 This price includes the commission on the trade in this example of 50bps You decide to buy 1000 shares at the offer price of 27257 61 As CFDs are leveraged products you are not required to put up the full notional value of the trade but only a portion in this case 14 The initial margin on the position which is taken from your trust account is going to be R38 160 66 1000 shares x R272 5761share x 14 Closing the position It is near the end of the day and Anglo American has risen sharply to where the bid and offer are now at 28407 25 28722 90 You decide you want to take profit on the position and close out the trade at the bid price of 28407 25 The profit on your trade Is calculated as follows Profit on trade Closing level R284 0725 Opening level R272 5761 Difference R11 4964 Profit on trade R1
7. 1 4964 x 1 000 R11 496 40 As the commission is already built into the price you trade at there are no more costs involved on intra day trades Of course had the market moved in the opposite direction you would have made a loss that may have exceeded your initial deposit 28 User Manual Trading Examples Advanced Example Buying Anglo American Opening the position On 6 August 2009 you decide that Anglo American is looking discounted and that you want to take a position to buy go long a position on Anglo American The current spread on the GT platform is 26966 49 27257 61 This price includes the commission on the trade in this example of 50bps You decide to buy 1000 shares at the offer price of 27257 61 As CFDs are leveraged products you are not required to put up the full notional value of the trade but only a portion in this case 14 The initial margin on the position which is taken from your trust account is going to be R38 160 66 1000 shares x R272 5761share x 14 The market price rises throughout the day and you believe it will continue tomorrow You decide to hold your position overnight Interest adjustments Interest adjustments are calculated daily by applying the applicable interest rate to the daily closing value of the position The annual interest adjustment for a Rand denominated share such as Anglo American is found by adding the latest overnight SAFEY rate South African Rand Overnight Deposit Rate to
8. User Manual T 27 0 87940 6007 Directors F 27 0 112148028 Mark Barnes Chairman E privatebrokingfagt247 com Charles Savage CEO W gtprivatebroking com Gary van Dyk CFOO First World Trader Pty Ltd t a GT247 com is an authorised Financial Services Provider FSB License No 22588 User Manual Contents de MN TPOGUCTION to G1 247 eege r i AAE E E EEEE EEE AE 3 BGO aci Tor DINErenCE sesine naa a a a ARS EaR 6 2 Advantages Of CFD Ur agg eissecar aE a Er raaa ain 7 ae Or e a ct ea oe ce eet eee de dec E ee seen ses cco eeteeeeeeee ee 8 C The CFD Trading Platform Dis NE UUM EW otar Ce EE 10 DPT OCMC TIN AVI AU EE 11 SON el E 13 Ge ATOR OVATION EE 15 Oe Favourites EE 16 O OPEniDO a FOSID E 17 d Open Transactions ENEE eege eege gege eEeEegeE 19 Onl En an Ol E 20 8 1 How to Place an Order Gated et RER eg EE 21 a ee EE 21 Bie NOrma LOFIE en tase E E 21 T Account el VEN tet ese ce eee caer E a E Ei 22 MT ea CUE e E 23 NNN Est g ea nie Be 0 EE 24 PD SY E 25 IPR c GE 26 dE eege Eege 27 15 Trading Examples 15 1 Simple Example Buying Anglo American scccsessceseeeesceneescnneesenenscenensennessens 28 15 2 Advanced Example Buying Anglo American 29 15 3 Advanced Example Shorting Anglo American 31 Introduction To GI247 com GT247 com is a pioneering full service broker operating in South Africa Recognised as the market leader in Contracts for Difference CFDs and Spread Trading GT247 com has ext
9. al Contract for Difference Simply speaking A CFD is similar to something we understand explicitly that is the purchase of a home using a mortgage In this transaction you swap asset ownership for finance the bank provides the finance in the form of your mortgage and in return they take ownership of your home Your obligations under the mortgage contract are to meet the monthly instalments which include a capital and finance portion As long as you continue to perform your obligations under the mortgage contract you will continue to enjoy the full benefits of home ownership including a roof over your head rental income price appreciation etc If you fail to meet your obligations the bank will take away your ownership benefits and place the home up for sale The proceeds from the sale will be offset against the remaining value of the mortgage and the balance will be for the mortgage holder to settle CFDs are very similar In a CFD transaction through the finance agreement in this case a CFD contract you essentially swap share ownership for finance Your broker provides the finance In the form of a leveraged CFD position and in return you enjoy the economic benefits of share ownership Your obligations under the CFD contract are to meet the capital requirements margin and financing costs The key difference is that unlike a home mortgage agreement where the periods are monthly as home prices are far less volatile than share
10. an Order lowe Product mge Product 1 Highlight the instrument to be traded in your Watchlist window and right click 2 Select the option Place an Order 3 The following Order screen will appear to take your order OFS Order Barloworld Leg Ir geg 8 ger Te ali ta Cee pe eee pi iph peed bml eee ee Ee ore pe Beie f Test Mapt dr es ef Cf es TZ e Lg Es Sch bh d qed Ee User Manual 20 User Manual Placing an Order 1 Trailing Stop Orders A sell trailing stop order sets the stop price at a fixed amount below the market price with an attached trailing amount As the market price rises the stop price rises by the trail amount but if the stock price falls the Stop Loss price doesn t change and a market order is submitted when the stop price Is hit This technique is designed to allow an investor to specify a limit on the maximum possible loss without setting a limit on the maximum possible gain Buy trailing stop orders are the mirror image of sell trailing stop orders and are most appropriate for use in falling markets For instruments with active trailing order functionalities the trailing order flag and the trailing increment value will be displayed on the Open Order window If you would like your Order Price to trail the Last Traded Price you must select the Trailing Order box and specify the Trailing Value The Order Price will then trail the last price with the specified incremental valu
11. ange and or over the counter OTC markets in the United Kingdom The Netherlands Germany Switzerland Italy Singapore South Africa Australia Canada New Zealand Sweden France Ireland Japan and Spain Some other securities markets such as Hong Kong have plans to issue CFDs in the near future CFDs are not permitted in the United States due to restrictions by the US Securities and Exchange Commission on OTC financial instruments CFDs are a derivative product CFDs were originally created to imitate traditional share trading but they differ because you don t actually own the underlying asset in most cases equity shares A CFD has no underlying rights on the asset and is simply an agreement between two parties to settle generally in cash the difference between the buying and selling price This means that you can trade on the price movements on an asset without having to physically own it For example you can enter into a contract where you buy a CFD on 200 shares of IBM thereby delivering the same economic outcome instead of having to buy the actual 200 shares on an exchange CFDs are a leveraged product This means that you do not need to fund the entire position but simply put up a percentage margin which is determined by the CFD broker Leverage enables you to profit significantly if the market moves in the direction that you expect but at the same time you risk significant losses if the market moves against you User Manu
12. chlists Click on the Change View drop down to select your favourite display of your chosen instruments namely e Images Displays instrument images e High Low Combines instruments that are trading down up at that given time Vary the scrolling of the ticker by using the up and down Speed arrows 16 User Manual You have two options for placing trades 1 Pervasive trade window em Hew Trade 20 904 55 SELL Low 20 790 00 24 240 68 BUY High 24 166 00 gt Buy 220 BHP Billiton Fle Margin change will be in the region of 6 542 13 Max volume at price 3 000 Max Volume at price 3 000 Required margin will be in the region of 6 547 1 Humber Of Shares Dun 1 Select the instrument you want to trade on from the watchlist to automatically populate the quick trade ticket 2 Input the number of shares you intend to buy or sell in the Number of Shares box and the output box will then reflect the trade cost 3 Once you are satisfied with the details click on the Trade button Use the up and down arrows located in the top left corner to hide and unhide the Pervasive Trade Ticket 2 Select your chosen instrument and right click Flace a Trade Place an Order Move Product Remore Product 1 Select your chosen instrument from the watchlist window and right click Select the option Place a Trade now User Manual CF Trade Barloworld Ltd Himba Of Shares SELL Low 4I BUY Max wunne et price 1
13. d Contracts for Differences CFDs carry a high level of risk to your capital Only speculate with money you can afford to lose as you may lose more than your original deposit Spread trading and CFDs can be very volatile and prices may move rapidly against you Resulting losses may require further payments to be made Spread Trading and CFDs may not be suitable for all customers so ensure you fully understand the risks involved and seek independent advice if necessary User Manual CFDs as defined by Wikipedia A contract for difference or CFD is a contract between two parties typically described as buyer and seller stipulating that the seller will pay to the buyer the difference between the current value of an asset and its value at contract time if the difference is negative then the buyer pays instead to the seller For example when applied to equities such a contract is an equity derivative that allows investors to speculate on share price movements without the need for ownership of the underlying shares CFDs allow investors to take both long or short positions Unlike futures contracts CFDs have no fixed expiry date standardised contract or contract size Trades are conducted on a leveraged basis with margins typically ranging from 1 to 30 of the notional value for CFDs on leading equities CFDs are currently available either unlisted or listed li e mini warrants and ASX CFDs listed on the Australian Securities Exch
14. d Securities Tax because you are not making a physical purchase No delivery or trading expiration period for equity CFDs Dividends are settled in cash adding to the transparency of the product Best used for Hassle free access to short selling Hedging Cash Equity Portfolio Cost reduction Capital effectiveness Cash flow management Execution of the following popular trading strategies e Arbitrage e Scalping e Pairs trading e Hedging e Momentum trading e Technical trading e Long and short speculation User Manual User Manual Terms Master the market terminology Bid Price This is the price at which you will sell go short a CFD Break Orders An order to buy the market higher than its current value based on technical levels resistance with the view that should resistance be broken the market will rally The inverse applies for support levels or downside breaks on a short position Charting Tracking price movements on graphs or charts so that you can see at a glance how the markets are moving Coupled with various studies technical analysis can be conducted in an attempt to anticipate market direction Closed position A long or short position that has been liquidated i e the margin returned the Profit or Loss Equity Another name for stocks or shares Gearing Gearing is also referred to as leverage It is the practice of entering into a transaction using funds that are
15. d as follows Profit on trade Closing Level R277 2290 Opening Level R265 50 Difference R11 7290 Loss on Trade R11 729 x 1 000 R11 729 Note As the position has not been held overnight for the second day there is no funding adjustment needed Calculating the overall result The overall loss on the trade Is the total costs profits and losses on the account based on the mark to market process 32
16. die p aaa SIb t hie ir hae H ah Pa g FU Pei See ba ee Sec Bee tep rl Bea seco od EFs fsa Fer i ibd ef j Pilon mii Har p m FP iri pig mre a 1 Price Improvement Ultra fast pricing provided by Reuters 2 Faster Connectivity Our systems are locally hosted on the first virtual account in South Africa helping you benefit from the fastest connection speeds 3 Watchlists Customisable watchlists to store your favourite instruments 4 Pervasive Trade Ticket Place quicker trades at the price you want 9 Favourites Ticker A customisable scrolling display of your favourite instrument 6 Product Navigator See the instrument offering of GI247 com the 10 most popular traded instruments and what s new in the world of our offering 7 Information Messages from GT247 com SENS Trade Confirmations and Error Logging in an easy to access inbox 8 Real time portfolio valuations Always know your profit and losses 9 Reports Easy to access reports are available directly from the platform 10 Indicators Bull Bear Indicator Volatility Indicator and ratings for popular traded products 10 User Manual Product Navigator Product Navigator Be Products Whats New Whats Hot _ Derivatives e CFDs o Lo Equity CFDs ABSA Group Ltd Properties Lic Adcorp Holdings Ltd AEC Ltd Afgri Ltd 4 African Bank Investments Ltd 4 African Oxygen Ltd 4 African Rainbow Minerals Ltd
17. e 1 The Order will execute using the current criteria for order conversion 2 The Trailing Order value will be used to measure change in the order price e g if the last price moves in a positive direction i e increase for a sell break order decrease for a buy break order by 10 points the order price will move in a positive direction by 10 points 3 The Trailing Order will be specified in the Info window with three new fields e Trailing Order with a Yes or No value e Trailing value with the incremental trailing value e Last Trailing price showing the value of the last price which triggered the order price to trail 4 If the instrument s flag for the trailing order is set to false while the system has current open trailing orders the current open trailing orders will remain as they are trailing the last price However the trailing value cannot be changed and the order will remain a trailing order You will still be able to cancel the order 2 Break Order You hold 500 Anglo American Plc shares have entered the trade at 34100 and would like to limit the losses should the share price fall You then decide to place a stop loss at 33500 NOTE This order can be partially closed by stating a smaller number of shares 3 Normal Order The current buyers price for Anglo American Plc is 34100 and you would like to leave an order to buy at 33900 The example below details how you would complete the order ticket a
18. ended its market coverage to include more traditional broking products delivered in a new world way Our new world of trading GT247 com drives financial market innovation through the establishment of new markets products platforms and services that deliver boutique full service broking including prime services We deliver products and services that are relevant considerate of the market conditions and enable you to start your journey towards simplified risk managed success GT247 com is proud to be the first online trading broker in South Africa to introduce trading on international financial markets in ZAR This is in addition to our string of Firsts in the industry 15 in South Africa e 1st Broker in South Africa to offer spread trading 2000 e 1st Spread trading platform in the world to provide straight through processing of trades without any dealer intervention e 1st Broker to offer full white label software solution of GT247 com products and platforms 2003 e 1st Broker in South Africa to offer CFD trading 2005 e 1st Broker to offer online CFD trading 2005 e 1st FSA regulated CFD provider operating in emerging markets e 1st Broker in South Africa to offer Binary Options trading 2008 e 1st Broker in South Africa to offer Mini CFDs 2009 e 1st Broker in South Africa to deploy financial services windows Gadget 2009 coming soon e 1st Broker in South Africa to offer community services faceboo
19. erage 10 atu it Te J Tra J gt 10 and lt 10 inetrumost volatility is similar gt 10 is positi Rating Each of the top ten instruments is rated by the percentage of trades placed by GT 247 com traders for that instrument Rating Image lt e do gt 2 and lt 4 C gt 4 and lt 6 wii gt 6 and 8 kikk gt 8 kiiit Buttons e Expand product grouping W I Add to Watchlist User Manual Watchlists iii hist HEB Watchlist 1 Watchlist Weatchlist 3 Waichtist 3 Watchlist 4 ee ee el Ofer OferVoime Last Chaye Do Y BESA Group Lit E 12 525 06 Gol 12 695 16 2 12 800 00 E 1260200 YY ngb nscs 2 2 KE 25 6775 3303 25 200 00 andma 25 600 00 YOY DHP gione 20 980 55 320 Hose 7 000 2 DE STE 21 186 00 oo Baio RR o4arercs 4 0 4 66 16 1 207 4 300 00 CH 4 276 00 T Disoovery Hodi 431 Slab rA Ta bkeal rege gel 20 00 2 ed on The Watchlists are where you store your favourite or frequently traded instruments you have the option to create up to four Watchlists Comprehensive real time price amp market data is provided for each instrument Note All trades are initiated from the watchlists window Buttons place Trade Place Order NlRemove Product Key Features Bull Bear Indicator A real time technical indicator which displays GI 247 com s trader sentiment and displays the relationship between bullish buy and bearish sell traders for each i
20. h the interest on the position for carrying it overnight M2M loss Closing Level R270 50 Opening Level R272 5761 Difference R2 0761 Loss on Trade R2 076 10 Interest Adjustment R71 66 Overall Loss R2 147 76 Closing the position The following day Anglo American rises to 28407 25 28722 90 and you decide to take profit on the trade at the bid price of 28407 25 As the previous day s losses have already been reflected in your trust account the trade is then mark to market at the close of business reflecting the profit for the day 124 55 124 65 You decide to close your position and reduce your losses before the market falls any further Your profit for the trade on the day Is calculated as follows Profit on trade Closing level R284 0725 Opening level R270 50 Difference R13 5725 Loss on trade R13 5725 x 1 000 R13 572 50 Note As the position has not been held overnight for the second day there is no funding adjustment needed Calculating the overall result The overall loss on the trade is the total costs profits and losses on the account based on the mark to market process 30 User Manual Trading Examples Advanced Example Shorting Anglo American Opening the position It is 6 August 2009 and you decide that Anglo American is looking expensive and that you want to take a position to sell The current spread on the GT platform is 26966 49 27257 61 This price includes the commission on the trade in thi
21. he instrument will now appear in the selected watchlist window Note You will only be able to add an Instrument to a single watchlist It is not possible to add the same instrument to more than one watchlist Maintaining Watchlists To remove an instrument from a watchlist Select the instrument from the intended watchlist by any of the following means e Click the Remove from watchlist button on the watchlists window e Right clicking the instrument and selecting the Remove from Watchlist option The instrument will now be removed from the selected watchlist window Sorting Data Certain watchlist columns can be sorted To sort data in a column simply click the Sort indicator on the column heading User Manual 14 User Manual Information Window Information cix Messages Into Emors Date IC Headline 21 S0 70 59 PRR PRR Atp United Consolidated conderced pralitinary audied rec 22509 79 35 AET SEIT Slert Trading Update 22 Sep 19 06 WIAR OA Vihbs Veter Resources Renewal Of Csubonery 4nnocuncement 22 Sap 1243 YEE YHE YLhIE Propendy Fund Umited ihle rakas F250 millon firoughi 21 ep 11 4 SG GWB Genrand W168 Lined Deaingin seourbes by a drecior 21 S60 11 51 ALT ALT Allech bncreazog stake In Eana Data Networks 21 Sep 11 3 GON GON Gooderson Renewel DF Cautionary Announcement 21 S0 11 530 TES TES Pres Radea Tige Grands To Pecs 10 326 759 Shares 01 Acc 22 Sep 10 58 NA HALTAN paw Airce nmea
22. k for financial markets 2009 coming soon We offer e Product and service innovation e Trading in the most liquid international markets in the currency of your choice coming soon e Unparalleled online user experience e Full service support e Institutional grade education courses e Simplified risk management advisory services e Extraordinary sales trading and client support services e Award winning technical research reports e Fast reliable world class trading systems e Regional walk in centres e Free nationwide educational seminars e Exceptional on the ground client service User Manual GT247 com is wholly owned by JSE listed South African financial services group Purple Capital JSE PPE see www purplecapital co za for more information on Purple Capital and is run by a group of market professionals who share a common goal to redefine trading Applying their extensive financial backgrounds with leading global investment banks and software houses the business blends institutional grade products and sophisticated risk management with strong retail experience to provide the perfect destination for high end private client business GT247 com is an authorised Financial Services Provider by the Financial Services Board of South Africa FSB No 22588 and is a derivative member of the Johannesburg Stock Exchange GIT 247 com also enables financial institutions the opportunity to offer CFDs and Spreads to
23. nd place an order to buy NOTE This is a standard example and there are various other ways to complete this order Your completed order will appear in the Open Transactions window in the Orders tab 21 User Manual Account Balance Net Asset Value 1 017 339 63 Free Cash 960 704 49 Currency ZAR Profit On Open Positons 9 649 47 Retained Margin 47 516 67 The state of your account balance and finances is always displayed across the top of the application Key Information Nett Account Value The Nett Asset value of your trading account Free Cash Retained Margin Profit Loss on Open Positions Profit Loss on Current Positions Profit and Loss on open positions Free Cash The funds available minus the equity allocated to your open positions Retained Margin Total amount of equity currently allocated as Margin Variation Margin The difference between your held margin as of Mark to Market for the previous day and your retained margin Currency The current currency you are trading in 22 User Manual All trading currencies assigned to your account will be listed in this drop down box Cp Simulated Trading Choose Account AC CAR simulated Trading A ZAR d 1 2 D T e Fi fm D ER User Manual Login and Logout lt GL BAL TRADER gt Login You will be required to enter your Username and Password in order to access your trading platform Logout For security conce
24. nstrument lt 19 Extremely Bearish i gt S gt 20 and lt 40 Moderately Bearish W gt lt 40 and lt 60 Neutral Sep T gt 60 and 80 Moderately Bullish Yy gt DUT S Extremely Bullish YY Volatility Indicator An indicator which is designed to show the variance of the instrument s 30 day volatility from the average 30 day volatility of all CFDs offered by GT247 com Move the mouse over the indicator to show the instrument s actual volatility The indicator is updated on a weekly basis Relativity to A lt 10 Instrument volatility is negatively less than the average volatility pee gt 10 and lt 10 Instrument volatility is similar to the average volatiity O gt 10 Instrument volatility is positively greater than the cverage volatility _ Market Status Shows the current market state of the instrument Market Statuses C Fhone to trade Open not shortable dente 13 Watchlists Creating watchlists Fett Werehiltt Tabs L the Tae Ties and o6cK anew Frat hesi Eroa 7 Parra a wires o E Co eg ee mme So Ceara To add an instrument to a watchlist Select the instrument from the Product Navigator by any of the following means 1 Double click the instrument Note Ensure you have selected the correct watchlist before double clicking 2 Click the Add to watchlist button 3 Drag amp drop the instrument from the Product Navigator into the watchlist T
25. om your margin account If the losses exceed the free cash amount in your trust account your broker will request that you deposit more funds to return your account to a positive balance The margin call is the phone call from your broker to tell you how much is due Offer Price This is the price at which you will buy go long a CFD Master the market terminology Open Order This is an automated instruction that you can implement on your platform to execute your order when the market price reaches the amount at which you are willing to buy sell It ensures that your orders will be placed as desired without you having to watch your platform at all times Partial Closing of a Position The closing of an open position will be partial if you execute an opposite trade of a lesser amount than the previous open position SENS Securities Exchange News Service Short Opening a Sell position because you expect the underlying market to fall When you go short you will sell at the opening price and expect to buy back when the price drops retaining the difference as your profit Stop Loss Order An action executed to limit one s downside loss should the market move unfavourably against the trader investor A trailing stop enables one to automatically move their Stop Loss with the market should the position be running favourably for the trader investor Take Profit Order An action executed to sell liquidate a long buy position ab
26. ove current market levels or buy back a short position sell below current market levels hence automatically locking in a profit Volatility When price movements rise and fall rapidly and react strongly to influences in the market the market is said to be volatile Volatility is the statistical measure of price movements over time calculated by using standard deviation Volatile markets or financial instruments are associated with a high degree of risk User Manual User Manual Getting Started Tim dai re best m a i E ed Ha WL 7 s d e D Gel mia Beef iren Persia d FF pee Pee j r pe A oem aoe Farrag es F ompa ura ai T iT BG Vio bi dl Wat bn WI cb h Wiig i i Bt Ven dibe Tis ia a l I l E he A F Fi HET i P a r EL r EEL Fig fi biT d ER D FA ED Fi ZE P aol era Lie ain ji ere Kr gd SE I L pe Imig FE Le Ce S A8 ma TA i ies 8 CO W Hiu VER A biti L W i Pi re a Lp LSA W LE SECH 3 zur e SE Keng iTA seit aha im JANIA ii e H L Lee Bue BF isi yai LS fa 209 TD ia fh Bis jia Ris enn BEJA feki ee RR eT ico meng pg Te Bea re maip te bed ie gi Sd Sa rg mm ice pm 8 Re r ge CN Rp sg EC i Se fr Gemen a a Gemen dee en sep pm F gt tems Mit ag LE lees Pa te ee eee ee oe ie Pp mat Sey F ie aa eH sm Se Le brg be A T bim ji hpm he he Em yu a 20 h e r ay Ekk Hili Hibai bubi i Fai ji Siid l Sibi bhes np sitscbtkz r ed pe Ee rs eden e
27. rns when leaving your computer you can logout and log back In on your return instead of exiting the platform and then having to reload it 24 Desktop ER save Settings Reset Settings Back To Saved Settings Cascade F 1526 00 0 00 This menu allows you to organise the windows to your preference Save Settings To save your desired outlay click on the Save Settings option Reset Settings The Reset Settings will change your outlay back to the default setting Back to Saved Settings Click on Back to Saved Settings to undo any new Settings that are undesired Cascade This option enables you to arrange the windows one behind the other User Manual 25 Report Mark To Markel Report Trade History Report f Favour ri es Tock A This menu gives you access to your Trade History Report and the Mark to Market Report These reports act as your statements and you will be able to view your records as far back as you require Mark to Market Report Mark to Market is run at the end of each trading day Each counterparty exchanges the change In the market value of their positions in cash Mark to Market is a process wherein positions held overnight O N realise Profits and Losses P amp L from that particular trading day Long funding is debited from your trading account and short funding Is paid to your trading account Trade History Report Upon opening the Trade History Report you will need to select a sta
28. rt date and end date before transactions can be retrieved NOTE To change the dates click on the From or To field and a calendar window will pop up You can navigate by using the relevant arrows to select both dates then click on Search to retrieve your statement This report is straightforward and starts by naming each entry according to the transaction number making it easy to refer to a specific trade in the event that you have a query or need to contact us It lists all transactions performed during the specified period and details all the transaction settings you selected when placing the trades NOTE To get more detailed information about a specific trade simply double click on the entry of interest and a transaction view window will pop up displaying more details User Manual 26 User Manual Status Bar Price Updates Prices from REUTERS 4 The time of the last price update Is easily obtained by moving the mouse over the Reuters symbol on the status bar of the application The shading of the Reuters symbol is an indicator of when last the price update was received Last Price Update Ss 1 second ago g 4 2 seconds ago A e 3 seconds ago D 4 seconds ago 2 seconds ago F D seconds ago Connection Speeds Monitor your connection speed by using the Connection Speed indicator in the right hand corner of the application s status bar For optimal trading capability ensure your connection speed remains between 0
29. s example of 50bps You decide to sell 1000 shares at the bid price of 26966 49 As CFDs are leveraged products you are not required to put up the full notional value of the trade but only a portion in this case 14 The initial margin on the position which is taken from your trust account is going to be R37 753 09 1000 shares x R269 6649share x 14 The market price falls throughout the day and you believe it will continue tomorrow You decide to hold your position overnight Interest adjustments Interest adjustments are calculated daily by applying the applicable interest rate to the daily closing value of the position The annual interest adjustment for a Rand denominated share such as Anglo American is found by adding the latest overnight SAFEY rate South African Rand Overnight Deposit Rate to the financing fee On 6 August 2009 SAFEY is at 7 1700 so the annual applicable interest rate on your Anglo American position assuming a financing fee of 2 5 would be 4 67 SAFEY 7 17 Fee 2 5 Total 4 67 The closing price on 6 August 2009 is R265 50 which gives you a closing value of R265 500 The annual interest on R265 500 would be R12 398 85 which creates a daily interest credit of R33 97 265 500 x 4 67 365 Closing Price R265 500 Total Interest Adjustment x 4 67 Annual Interest 365 Daily Interest R33 97 Dividend adjustments When you hold a short position and the share goes ex dividend you are obliged
30. sbrents Fred Change in drocGortoa 22 Sep 10 31 PSY Pa Pay Hodngs Limded rouminn oi Cryosheld Pty Umied 22 Sep 10 2 FSE F Freetone Energy Cocumants Executed For f Mibon Capia Ra 21 Sep 03 2 FU FUN First Uranium r Erubeng Mine Resumes Operetion 222690819 PGL PGL Padinghuret hesources Release of Palinghuret s Interim jg wer The Information Window displays core business or client specific messages SENS and trade specific information Messages Receive communication messages from GI247 com right on your trading platform Click on the message to bring up the details SENS Look up Securities Exchange News Service SENS announcements Click an announcement to show the full text article Note All SENS announcements are delayed by 15 minutes Info The Info tab displays all your recent trading activity including information on when any order was placed any trades opened closed or rejected Errors All errors related to market price or market data feeds and technical errors are viewable in the Errors tab 15 User Manual Favourites Ticker Favourites Ticker Tiger Bands Lia Ser Tekom S Lid CO torym Haen Group F rraupnnmang b i A 4290 00 10 00 W 9220 00 00 00 Standard Bank Group Ltd Y os933 00 7 200 Spar Group Lid Y 275 00 2600 a CC haroe view w The Favourites Ticker is a scrolling display of all the instruments stored in your wat
31. the financing fee On 6 August 2009 SAFEY is at 7 1700 so the annual applicable interest rate on your Anglo American position assuming a financing fee of 2 5 would be 9 67 SAFEY 7 17 Fee 2 5 Total 9 67 The closing price on 6 August 2009 is R270 50 which gives you a closing value of R270 500 The annual interest on R270 500 would be R26 157 35 which creates a daily interest debit of R71 66 R270 500 x9 67 365 Closing Price R270 500 Total Interest Adjustment x 9 67 Annual Interest 365 Daily Interest R71 66 Dividend adjustments When you hold a long position and the share goes ex dividend you are eligible to receive the dividend on pay date The pay date is generally 2 weeks after ex date but this does vary from company to company If there was a dividend to be paid on Anglo American where the share goes ex on the 6 August and you are holding the shares overnight then you are due the dividend on pay date If the dividend was R10 the amount of the net dividend due would be R10 000 1 000 shares x R10 R10 000 Current contract size 1 000 shares Dividend Adjustment X R10 Net Dividend Due R10 000 29 User Manual Trading Examples Mark to Market Process On a daily basis profit and loss is realised on your account through Mark to Market On the close of business on 6 August Anglo American closes at R270 50 The Mark to Market takes into account the loss made on the position for the day along wit
32. their own clients either through their well established affiliate programme or their sophisticated white label solu tions A new national campaign has been launched by GT247 com entitled What s Stopping you WSY The purpose of the campaign is to encourage individuals to place less reliance on their financial broker and take more control as well as educate themselves about self directed investing WSY removes the guess work of self directed investing by reducing the barriers to entry which in turn allows more South Africans to participate and ultimately take more control of their investing and financial futures Learn more about yourself by completing a self evaluation which measures you across the following dimensions for trading 1 Knowledge of investment instruments 2 Experience suitability of trading online 3 Risk Appetite 4 Trader Personality Cognitive vs Intuitive After all successful investing is a journey so this evaluation allows our dedicated national Sales Team to put a placeholder of where you are in this journey by evaluating you across all these different dimensions We can then provide you with detailed beneficial information telling you about where you are in your financial journey and thereafter what we give you are the road signs for you to advance yourself towards the next stage of that journey What s stopping you Visit Www wsy co za Risk Warning and Disclaimer Risk Warning Spread Trading an
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