OAK LEVEL I USER MANUAL
Contents
1. SLs oe Detail Risk Account Messages Logout Admin 60 Days History I Working Show 10 Y rows Input order Order Floor ID Office Account BuySell Contract Price Order Dete User details to locate a specific order EXCH F Exe Opposite Trans Type TimeStamp OfciAcct Bkt Brkr Brkr House Original OAKID 1819570 FCM No 500 1D ty Type TIF Month Cntrct 6 Strike Price Order 02 28 03 1227 34 OOOTTTT1 1820570 0000852748 B 2 MKT DAY N3 c Order status Receive 02 28 03 12 27 34 1820570 column Accept 02 28 03 12 27 46 1829570 Fill 02 28 03 1227 50 OOOTTTT1 V 1820870 B2 N3 c 2380 MPC JOH 276 Original OAKID 1819127 FCM No 500 Order 02 28 03 10 28 32 OOOTTTT1 1810127 0001563104 B 4 LMT DAY pac w 3220 Receive 02 28 03 1020 32 1819127 Accept 02 28 03 10 27 07 1819127 Cx 02 2803 11 10 29 1820248 CO00078203 Figure 12 Detail Screen 12 ACCOUNT VIEW SCREEN The Account View Screen allows you to look at your account marked to market OAK is integrated with the firm s accounting system Therefore the activity in your account OAK or otherwise is reflected on this page e To access the Account View Screen simply click on the Account button on the Navigation Menu Bar e There are several abbreviations on the Account View Screen o OTE Open Trade Equity Oak Trading Systems Inc 16 Oak Level I User Manual LOV Long Option Value SOV Short Option Value Balan2. e Enter the preferred broker s device name in the BkrOvrd box located on the right side of the Order Ticket Screen See Figure 14 This can be used via a regular order or a rapid entry order e The information will override any other routing information setup for the firm Oak Trading Systems Inc 17 Oak Level I User Manual Oak Trading Oak Home Systems LLC Working Fills History Parked Detail Risk Account Messages Logout Admin Enter Futures Order Oak Trading Systems LLC Office Account Qty Contract Mon Yr Price Type Co O C iw a ESA BkrOvrd Enter the broker s device name Figure 14 Broker Override Function in the box This information will override any other routing information setup for the firm Three things to be aware of e The user must be setup as a Level 4 or above for this functionality e Any cancel replace will follow the original order s path In other words the Broker Override function will not work for an order that is cancelled and replaced e The Broker Override function will not allow you to enter a value when creating a Parked Order 14 RISK SCREEN To open the Risk Screen click on the risk button from the Navigation Menu Bar The Risk Screen gives a risk manager the ability to supervise profit loss and margin changes on their particular accounts intra day e Choosing either negative positive and less than greater than values in the boxes listed will br
3. To Can Order Status Column Figure 10 1 Working Orders Screen cel an order Click on the gray order number button on the left side of the page This will bring up a copy of the order See Figure 10 1 and Figure 10 2 Click on the cancel order button on the bottom of the order page This will bring up a confirmation page to cancel the order See Figure 10 2 If you want to cancel the order click on the yellow cancel button on the top left of the page Upon canceling the order you will be brought back to the working order screen The status of the order will switch to being canceled See Figure 10 3 If you chose not to cancel the order click on the gray do not cancel button on the top right of the confirmation screen See Figure 10 3 To Cancel Replace an order Click on the gray order number button on the left side of the Working Order page This will bring up acopy of the order See Figure 10 1 and Figure 10 2 From this page you can modified QTY Price and Type After modifying your order click on the gray change order button on the bottom of the page See Figure 10 2 After you click on the gray change order button you will be directed to a confirmation page To send the order for execution click on the yellowsend button on the top of the page See Figure 10 3 At this point you will be directed back to the Working Order Screen Oak Trading Systems Inc 13 Oak Level I User Manual Oak Trading Systems L
4. Oak Level I User Manual 3 NAVIGATION MENU BAR The Navigation Menu Bar can be found at the top of each screen and allows the user to access each part of OAK L e Clicking on any of the underlined choices from the Navigation Menu Bar will open the desired section See Figure 3 Clicking on the underlined options allows you to move from section to section within OAK LEVEL L Order Bear History Parked Detail Risk Account Messages Logout Admin Figure 3 Navigation Menu Bar Oak Trading Systems Inc Oak Level I User Manual 4 ORDER ENTRY SCREEN To access the order entry screen click on Order from the Navigation Menu Bar e The Order Entry Screen allows you to enter in Futures Options or Spread orders The screen always defaults to a Futures order e At any point you can click on the Option button to switch to an Options ticket See Figure 4 and Figure 5 The Option button can be clicked after selecting buy or sell to immediately transfer the order to an Option order e The Spread button allows you to switch to a spread order The Spread button can be clicked at any time including after the buy or sell button is clicked See Figure 4 and Figure 5 e The office number defaults to the assigned IB number OAK I can be configured in the admin user setup screen to have a default office or account number It can also be set to remember the last office number used e Select how long you would
5. e Click on the small box to the left of the order e Click on the refresh button which can be found at the top right of the screen See Figure 11 To Acknowledge all Fills e Place a check in the AcknAll square located at the top left of the screen See Figure 11 e Click on the refresh button Click refresh to acknowledge fills Oak Trading Systems LLC A Oak Home Order Working Fills History Parked Detail Risk Account Messages Logout Admin Check box and Show 10 hrows M Auto hit refresh to Order Floor ID Oftice Account BuySell Contract acknowledge all E Po Price Order Date Ofc Acct BuySell Oty Contract Price Macknal Type TIF Orderdate User Firm GUFirm Ofc Acct BuySell Oty Contract Price Type TIF Orderdate User Firm GUFirm 822468 000 TTTT1 Buy 1 TYM3 115230 STP DAY 20030304 DEMO 500 Figure 11 Filled Order Screen a white background Note Once a New Fill is acknowledged the green highlight will disappear The fill can then be located beneath the dark green order box with a white background Note When the Fills button on the Navigation Menu Bar is highlighted in Red a fill was undone by a clerk on an Electronic Clerk device When this happens the order is immediately moved back to the Working Screen and the fills screen displays the undone order The Detail Screen shows the entire history of any order placed through OAK and allows you to search for specific tr
6. each order can be found in the first column to the right of the order number column See Figure 10 1 o In Transit Pending The order has been sent but not yet accepted as working o Received The order has been received at the electronic device and is waiting to be accepted o Accepted The order has been accepted for execution by an electronic broker device or other electronic system o Working The order has been sent to the exchange via electronic or printer Order is working in the market o Rejected Edit The order will be highlighted in RED The rejected order IS NOT WORKING and therefore will not be filled The rejection of this order must be acknowledged by clicking on the gray order number to the left Oak Trading Systems Inc 12 Oak Level I User Manual Fill in fields Oak Trading Systems LLC A Oak Home Order Working Fills History Parked Detail Risk Account Messages Logout Admin Working Orders for DEMO the in order Show 19 Jrows M Auto to bring up a Order Floor ID Office Account BuySell Contract Price Order Date specific order number Status Floor ID Ofc Acct BuySell Oty done Contract Price Type TIF Orderdate User Firm GUFirm PA Accept 0000763717 OOO TTTT1 DJZ4 7579 20030304 Click on order 1823016 Accept 0000762849 000 TTTT1 SK4640C 120 20030304 buttons 1822501 Accept 6241822501 000 TTTT1 ESU3 82125 20030304 to cancel or 1822496 Working 140289860 000 TTTTA YMU3 7650 20030304 modify orders
7. like the order to work from the drop down menu Day or GTC See Figure 4 The default is Day e Clicking on buy or sell will begin your order This will bring up an order ticket in a new screen to enter all of the order information including quantity contract type month year price and order type See Figure 4 and Figure 5 Click at any time to switch to an Click at any time to switch to Changes the order from Day option order ticket a spread order ticket to GTC Working Fills History Parked Detail Risk Arcount Messages Logout Admin Oak Trading A Oak Home Systems LLC Enter Futureg Order Oak Sub mi Account frrr none yl Office ATT DAY Produces a sell order ticket Produces a buy order ticket Figure 4 Order Entry Screen Oak Trading Systems Inc 5 Oak Level I User Manual 5 ORDER TICKET SCREEN e To produce an order ticket click on the buy or sell button from the Order Entry screen The order ticket is blank with spaces to input all order information including quantity contract type month year price and order type See Figure 5 Simply left click once on an open box and type in the information e If any of the codes are unknown OAK I will assist you in finding the proper code Click on the search button to look up codes for different commodities as well as month and year codes See Figure 5 o If an improper code is entered this feature is
8. EARCH FOR CONTRACT MONTH STRIKE e The search function will assist OAK I users with finding the correct contract symbol month and year and or strike price e When entering a buy or sell order select the search button and the contract months as well as option information will appear After selecting the correct month and year and or option strike price the information will populate in the buy or sell ticket See Figure 6 e If familiar with the contract symbol type it in and select the search button The specified contract s month year and option strike price information will appear e If an order code is improperly typed this function will be employed automatically bringing up a list of valid codes Simply click on the desired code from this list and it will be placed on your order ticket Valid Months for S SOYBEANS MonthYear Detail H4 options 04 options This menu contains the valid months for trading soybeans The menu can be brought up by clicking on the search button or will u4 U4 options 4 options F5 options H5 options come up automatically if an invalid entry is entered Simply click on one of the buttons to put it on your order ticket K5 options H5 options Q5 options U5 options x5 options H6 options X6 options Cancel Figure 6 Search For Contract Oak Trading Systems Inc Oak Level I User Manual 7 CONFIRM FOR ENTRY SCREEN The Confirm for Entry
9. LC Change Order for DEMO Order Number 1822501 Oak Trading Systems LLC Office Account Input new Contract Mon Yr Price Type information into ES U3 82125 LMT y the fields if you need to modify your order Cancel Order Cancels the order Figure 10 2 Cancel Order Screen Change Order Close Sends the modified order for confirmation Closes the screen to go back to the working order screen Click to confirm canceling the Click to return to the Working order and to return to the Orders Screen without canceling the Working Orders Screen order Oak Trading Confirm Order for DEMO Confirm Cancel Order Do Not Cancel Oak Trading Systems LLC 000 TTTTA 82125 LMT Cxl_Order 1822501 Figure 10 3 Confirm Cancel Order Screen 11 FILLED ORDER SCREEN The Filled Order Screen displays all orders that have been filled including the details of the order e New fills are displayed with a green background and located at the top of the fills list until they are acknowledged See Figure 11 e All fills are displayed with a white background whether they are acknowledged or not They are located under the dark green order bar beneath the new fills See Figure 11 Oak Trading Systems Inc 14 Oak Level I User Manual e Fills that have been undone by the broker are displayed with a red background To Acknowledge Fills or Undo s
10. Oak Level I User Manual Table Of Contents OAK Level I LOGGING INTO OAK EEVELT a do 2 2 MESSAGESCREEN ui ea ath E T r a A A E A E TA 3 JLNAVIGA TION MENU BAR Vespi nad a iaa 4 A ORDER ENTRY SCREEN lio 5 5 ORDER TICKET SCREEN noutoa a a a a ori a Tatsi 6 6 SEARCH FOR CONTRACT MONTH STRIKE ise teassaestynqued towntlolasaedayay o 7 TCONEIRN FOR ENTRY SCREEN smtp di ios 8 S OR DER NUMBER SCREEN od a E An OA aa 9 9 PARKED ORDER SCREEN RAPID ORDER ENTRY coonoccnnnccconoconcnonnnnonnccononnnnnnnnnonnncnoncnnnnnrnn cc non connnnnnos 10 10 WORKING ORDERS SCREEN 00d a A RiT eS 12 DL FILEED ORDER SCREEN tai 14 12 DETAIL SCREEN tl tal a nece ds 15 12 ACCOUNT VIEW SCREEN st cistitis 16 13 BROKER OVERRIDE FUNCTION a cados 17 14 RISK SCREEN ostia in A A A iO AAA AAA A A 18 Oak Trading Systems Inc 1 Oak Level I User Manual 1 LOGGING INTO OAK LEVEL I e The Oak I login can be found on the OAK Trading Systems website www oaktrading com Click on the link entitled enter live trading which can be found on the left side of the webpage A box will appear with spaces to enter your username and password Upon filling in the fields click on the enter button to login to OAK LEVEL I See Figure 1 OAK Trading Systems LLC Please enter loqin information Ener Figure 1 Login Screen e Once logged in the user will be directed to the Message Screen The message screen will be discussed in more detail in Section 2 e T
11. Screen is brought up when the user clicks on the verify buy button from the Order Ticket Screen The Confirm for Entry Screen allows the user to review their order before it is transmitted for execution e The Confirm for Entry Screen will give different background colors for different lot size orders o Gray 1 5 Lot o Aqua 6 25 Lot o Yellow 26 100 Lot o Red 100 500 Lot o Maroon 501 Lot or greater e All orders are checked for realtime buying power before they are executed Required margins for each account are fully calculated every 10 minutes and partially calculated with each fill The margining information for the account appears at the bottom of the screen See Figure 7 e Liq Value represents the liquidating value for the selected account This information includes Open Traded Equity OTE based on the most recent quote See Figure 7 Margin Excess This Acct Order represents the margin excess for this specific account Margin Excess All Orders represents the margin excess for all accounts related to the specified account e Margin Results This Order represents the margin required for this order e Margin Result All Accts Orders represents the margin required for all accounts and orders related to this specific account e Clicking on the flashing Send button will complete the order Click to confirm the order and send the order for execution Click to cancel the order Oak Trading Systems LLC Confirm Order for DEMO Do Not Se
12. ades to view details e Checking the history box and then clicking the refresh button will display orders that have been filled or canceled prior to the present trading day See Figure 12 Oak Trading Systems Inc 15 Oak Level I User Manual e Checking the working box and then clicking the refresh button will display orders that are currently working or orders that were put into OAK the same day See Figure 12 e The orders in the Detail Screen are categorized into eight different statuses o Order the order has been received by the order routing server Receive the order has been received into the incoming deck of an Electronic Clerk Accept the order has been accepted by the broker into the working deck Fill the order has been quick filled or endorsed Cxl_Rep the cxl_replace has been received by the order routing server Cxl the cxl has been received by the order routing server Reject the order has been rejected by the broker Fill Delete indicates a quick fill has been endorsed or a fill has become undone 0000000 When the fills button is highlighted in red a fill was undone by a clerk on an Electronic Clerk device The order will be immediately moved back to the Check box and click the working screen The fills screen will identify the refresh button to bring up 60 order as undone day history and or working orders ing Systems LLC A Oak Home Order Working Detail for DEMO
13. automatically employed and will bring up a list of possible codes for you to use See Figure 6 o Simply left click on a symbol from the list and it will automatically place it on your order ticket See section 6 and Figure 6 e The buy sell button can be clicked at any point to immediately switch the order from a buy order to a sell order See Figure 5 e The clear order button can be clicked at any time to clear all details of the order This will bring you back to the order entry screen See Figure 5 Click on the verify buy button to submit the order See Figure 5 Once the verify buy button is clicked you will be directed to the Confirm for Entry Screen which allows you to ensure that your order is correct before sending it to the trading floor This screen will be discussed in more detail in section 7 Changes the order to an Changes the order to a options order spread order Oak Trading Systems LLC A Oak Home Order BCC E co Me ae a Cotto oe Ml aT Enter Futures Order Spread ading Systems LLC ffice Account Sub BkrOvrd joo ftom ES i Buy Qty Contract Mon Yr Price Type LMT Y Search Enter details of the order Clear Order Clears the details of the order Buy Sell Switches the order from a buy order to a sell order or vice versa Submits the order Figure 5 Order Ticket Screen Oak Trading Systems Inc 6 Oak Level I User Manual 6 S
14. ce The Total Cash Balance of the account Liq Value The Liquidating Value of the account MME The Margin Excess Value mark to market OO OOO e Values are displayed At Settlement from the previous day and Current e The Current Values are updated every 10 minutes via OAK s span margining system e The entire position is marked to market real time which is reflected in the current MME Value Uncheck the summary button to Click refresh to update the see the specific trades from each account information after commodity orders are executed Oak Trading Systems LLC A Oak Home Order Working Fills History Parked Detail Risk Account Messages Logaut Admin Account View for DEMO Office Account 000 freir y At Settle Current At Settle Current 970 00 1 920 00 31 618 09 31 618 09 0 00 0 00 32 588 09 33 538 09 0 00 0 00 23 408 09 21 658 09 Y Summary MEL Balance Liq Value MME Sells Het Prev Value Current Value Commodity JUL 03 CORN JUN 03 10 YR T NOTES MAR 03 MINI DOW 5 125 00 0 00 1 095 00 325 00 125 00 2 370 00 Figure 13 Account View Screen 13 BROKER OVERRIDE FUNCTION The Broker Override function allows individuals with permission to override the routing setup by the firm and route an order to a different broker Using the Broker Override Function e Open the Order Ticket Screen from the Navigation Menu Bar
15. ered above as a parked order e Parking orders allows you to repeatedly send the parked orders to be executed Creating a Parked Order There are two ways to create a parked order 1 Manually inputting the information into the Rapid Order Entry section 2 Using a previous ly existing parked order and making the necessary changes to it e 1 To create a new parked order manually simply fill in the fields of the Rapid Order Entry section which can be found at the top of the Parked Order Screen See Figure 9 1 e After filling in the Rapid Order Entry section click on the park button which can be found at the top right corner This will create a new order template in the Parked Order Screen See Figure 9 1 e 2 To create a new parked order by using a previously existing parked order Click on a gray order number button from the Parked Order Screen See Figure 9 1 e This populates the information of that order into the Rapid Order Entry section above This allows you to make changes to that parked order without having to create an entirely new order e At this point you can either click on the park button to add the new order to the parked orders section or click on the send buy or send sell button to send the order for execution See Figure 9 1 e Once an order is sent for execution an order number screen will be displayed From this screen click on the continue button to go back to the Parked Order Screen See Figure 9 2 e To clear t
16. he Navigation Menu Bar can be found on the top of every screen and allows you to access every facet of OAK I The Navigation Menu Bar will be discussed in more detail in section 3 Oak Trading Systems Inc 2 Oak Level I User Manual 2 MESSAGE SCREEN The first screen that populates the browser is the Message Screen This screen will alert you to any OAK I updates and changes as well as helpful information regarding support and general use of the OAK Trading System The Message Screen can be accessed at any time by clicking on the messages button from the Navigation Menu Bar Towa Grain Company Oak Home Order Working History Parked Detail Risk Account Messages Logout Admin Message Board for MAS Reminder Given the potential market impact following the release of today s report please remember to review or confirm any open orders Any GTC orders for the dollar index must be placed modified or cancelled during the NY day session 7 00 am to 2 00 pm These orders work around the clock but cannot be cancelled nor modified during the off hours NY nights and Dublin Should you have any questions please call the edesk Market orders on any ecbot products 1e YM ZC will not be accepted until the market 1s actually opened You must use MOO market on opening f you want to place it early Please have your broker contact the edesk should you have any questions Figure 2 Message Screen Oak Trading Systems Inc 3
17. he Rapid Order Entry section click on the reset button at the top right corner Oak Trading Systems Inc 10 Oak Level I User Manual Click to reset the fields of Click to park an order the Rapid Order Entry from the Rapid Order section Entry section Oak Trading Systems LLC A Oak Home Order Working Fills History Parked Detail Risk Account Messages Logout Admin Parked Orders for DEMO de akrourd joay y ma TES Format Reset Park Order Office Account BuySell Qty Cntr WY Strike PIC Price Type Send i aaa CSS ATA AAA fr E Click to send ja buy or sell FF E E E E order from Selected Entries Parked Orders Selected Entries Show 10 lrows Mica Floor 1 Offige Accor BuySell Contract Price Order Gate Delete Order Ofe Acct BuySell Qty Contract Price TIF Orderdate User GUFirm CODTEST1 Buy 3 USZ3 WKT DAY 20030301 demo US Z3 DAY 20030301 DEM Parked OOOTESTt Buy 3 ca MAT DAY 20030301 DEMO Parked DODTEST1 Sell 3 cz NKT DAY 20030301 DEMO Status Parked DODTEST1 Fill in all fields to quickly find specific parked orders or fill in certain fields to sort parked orders Click gray order number to populate the information from the order into the Rapid Order Entry section Figure 9 1 Parked Order Screen Sending a Parked Order e To send any order s that are parked simply check the white box es next to the gray order number s and click on t
18. he send button See Figure 9 1 e Once the order is sent for execution the order number screen will be brought up From this screen click on the continue button to go back to the Parked Order Screen See Figure 9 2 e The order s will highlight in yellow after they have been sent for execution ANY ORDER THAT HAS A CHECK NEXT TO IT WILL BE ROUTED See Figure 9 1 e The orders will remain in the parked orders section even after they are selected and sent to allow you to rapidly send frequently needed orders e Clicking on the refresh button will refresh the parked orders section and remove the yellow highlighting from the orders See Figure 9 1 e To delete an order from the parked orders section simply check the white box next to the gray order number and click on the delete button See Figure 9 1 Oak Trading Systems Inc 11 Oak Level I User Manual Results of Parked Order Release Order i Working Ord Account BIS Quant Contract Price Type Duration GUFirm 1823244 TEST1 Confirmation 1823245 TESTI Information a Click on continue to Account Info for Order 1823245 return to the Parked Order Account This Acct Order All Accts Orders TEEF 21 658 09 21 658 09 0 00 33 538 09 R A 21 658 09 Screen Figure 9 2 Parked Order Confirmation Screen 10 WORKING ORDERS SCREEN The Working Orders Screen shows you the status of your orders and allows you to go in and cancel or cancel replace an order e The status of
19. ing up any account s falling within the perimeter set See Figure 15 e The Risk Screen will display along with the time that the account was last margined o Current and Beginning of Day o Liquidating Value Oak Trading Systems Inc 18 Oak Level I User Manual o Margin Excess o Securities on Deposit Oak Trading Systems LLC M Oak Home Order Working Fills History Parked Detail Risk Account Messages Logout Admin Debits for DEMO Click to switch Laval Margin Excess between greater lt y than and less than Figure 15 Risk Sereen Input values and click the refresh button Any account s falling within the perimeter set will be listed Oak Trading Systems Inc
20. nd Oak Trading Systems LLC 000 TTTT1 Figure 7 Confirm For Entry Screen Oak Trading Systems Inc 8 Oak Level I User Manual 8 ORDER NUMBER SCREEN The Order Number Screen is displayed upon confirming your order e This screen displays your OAK order number See Figure 8 This number is used for future reference in the working and fills screens as well as to report any problems to your OAK support desk e Clicking on the Order button on the bottom left of the Order Number Screen will take you to the Order Entry Screen in order to begin a new order e Clicking on the Working button will take you to the Working Orders Screen The Working Orders screen will be discussed in Section 10 Oak Trading Systems LLC Order Accepted for DEMO Oak Trading Systems LLC 000 TTTT1 Working Click to move back to the Click to move to the order entry screen to begin a working orders screen new order Figure 8 Order Number Screen Oak Trading Systems Inc 9 Oak Level I User Manual 9 PARKED ORDER SCREEN RAPID ORDER ENTRY The Parked Order Screen can be used for rapid order entry saving and re entering frequently traded contracts e The top portion of the screen is used for entering your particular order information It can either be Sent to the pit or Parked on the lower half of the screen for later use e The bottom portion lists all the information that s been ent
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