Online Futures Simulated Trading Demo

Vision QST - Futures Trading Platform - New for 2010

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Past performance is not indicative of futures results. The risk of loss exists in futures trading.

Some of the futures trading platform features:

Charts

A chart displays historical data for futures, options and spreads in a graphical format. There are various ways in which the data may be represented. Here is an example of a chart:

The new way of interacting with the chart allows the user to constantly inspect the bars, while hovering the chart with the mouse and also dragging it, even into the future. Inspecting the bars is always active on mouse moved.

From the chart, you can flatten the contract at the market price, cancel the buy or sell orders for the contract or cancel all the orders for the contract . The buttons are in the lower right part of the frame.

If you start typing the symbol of a contract, the "New chart" dialog appears and you can choose a different contract. After this, you have three type of chart settings. The first (the type of the chart) depends on the last (the limit to control). There are seven chart types: Daily, Weekly, Monthly, Quarterly, Intraday, Ticks and Volume. Each of this chart types have different limits which the user can set using the "Limit to" control below.

In this module there are four types of data representation (data views):

- line
- area
- bars
- candles

Line chart

A line chart is the simplest chart type. It's created by drawing lines from one price to another during a time period. The prices used for the line chart are: close, low, high and open. By default the price used is close. To open this dialog use double click on the status bar, "Lines section".

Area chart

Area chart is similar with line chart. The difference is that the area chart is filled. The prices used for the area chart are: close, low, high and open. By default the price used is close.  To open this dialog use double click on the status bar, "Area section".

Bar chart

A bar chart shows more data then a line chart. The open, high, low and close price for a chart point are shown simultaneously on a bar chart.

When a chart point is created, the first line that is drawn is the open price. Subsequent price movement will produce the high and the low price for the chart point. The final price for the chart point is close price.

When you click the left mouse button, the bar at the same timestamp with the mouse pointer will be highlighted like in the example below. The same feature is available with the candles chart.

By default the size of a bar is small. To open this dialog use double click on the status bar, "Bars section".

By a right click on a bar you can report it "bad bar" or you can edit it. "Bad bar" option send a warning for the server if the user considers that the bar represents wrong dates.

Candles chart

A candle chart shows the same information as a bar chart: open, low, high and close price. In plus, the change in price is more evident on this type of chart because the difference between the open and close is shown in a graphical way. In the following example, the O<C color is white and the O>C color is red. The color of candles can be changed. It can be opened by double-clicking on the status bar, "Candles section".

By a right click on a candle you can report it "bad bar" or you can edit it. "Bad bar" option send a warning for the server if the user considers that the candle represents wrong dates.

Quotes Monitor

"Quotes Monitor" shows the quotes and their evolution in time. You can have one or more tables with quotes. Each table can contain many rows (at least one row). Every row contains data for a specified contract (ES, S, ... or other). Every row is listening for it's contract updates. When an update comes the cell will be highlighted. For example in the picture below the last for ESZ7 has changed and the cell is highlighted (colored in grey).

Drag-and-drop

There is drag-and-drop at column level. You can change the order of columns in a table, simple by drag-and-drop. Drag-and-drop at row level allows you to change the order of the rows in a table.

Row types

There are three types of rows: - empty rows: An empty can change into a quote row by writing the name of the contract in the contract cell. You can also use empty rows for some delimitations in the table - titled rows: On a title row you can write for example the name of exchange for a group of rows - quote rows: These are rows that contains information about a quote and will listen for quote's updates

Pre/Post Trade Indicator

Post a trade indicator (P) for pre/post session prices for equity quotes.

Previous Indicator

Post a previous settlement indicator (P) for the closing price of the last session for futures quotes. Not to be confused with the P from equity quotes.

Synthetic Spread

Synthetic spreads are an enumerations of contract (SM, BO, S) for which you apply the formula specified by default: "2.2*SM + 11*BO - S". The coefficients are by default 11, 9, -10.

Yield to Maturity

This calculates the interest rate for the future contracts by a default formula. You write the contracts name with ~ in front.

Popup menu

If you right click a contract in the quotes monitor board a menu will appear. Here you can choose to Edit or Delete a contract. You can Copy the information to clipboard. You can draw a Daily, Weekly, Monthly, Quarterly or a Intraday Chart for the selected contract. Also you can choose to see a Tick Chart or a Volume Chart. By clicking on "Options" you can see the options chain for the specified contract By clicking on "Price Ladder" you can see the Price Ladder for the specified contract By clicking on "Time & Sales" you can see the Time & Sales for the specified contract By clicking on "Depth Of Market" you can see the Depth of Market for the specified contract Click on "Contract details" to see the details about the specified contract.

Click on "All Contracts" and a table with all futures months of the clicked contract will appear. See the figure below.

Columns

Contract
Previous Settlement
Last
Volume
Net Change
Open Interest
NC%
Timestamp
Low
Bid/Ask Timestamp
High
Mini Chart
Bid
Pressure
Ask
Auto Sell/Buy
Tick
Order Entry
Open
Alarm High
Close
Alarm Low
 

Desktop Shortcuts Bar

In the top of the desktop shortcuts bar there is a "hide/show shortcuts bar" button. You can hide the shortcuts bar to save some space on the screen. In the bottom there are three buttons: "Frames", "Tools" and "Web Pages". Single click on one button will change the content of the desktop shortcuts bar. If you press the "Frames" button for instance, the content will contain buttons that links all the module types in the application. Single click on that button will create a new frame of that type. The "Frames" section contains links to every module of this application: News, Time & Sales, Ticker, Advanced Options, Quote Board, Charts, Points and Figure Charts, Spread Charts, Fixed Quote Pages, Depth Of Market, Price Ladder, Options Chain, eINFOline, Quotes Monitor, Working Order Monitor, Position Monitor, Order Ticket, Orders & Positions, Broker Workstation, Account Information, Order Activity Log and Options All Months. For example you can create a new "Chart" frame by single click on the "Charts" button. The frame will be created as a new internal frame. The "Tools" section contains links to the following tools: Alarms, Indicator Builder, Change Contract Month, Symbol Search, Spark Chat and International Quotes. The "Web Pages" section contains links to the following web pages: Weather, USDA Grain/Lives Reports, Financial Audio Archive, Agricultural Audio Archive, Grains Audio Archive and Futuresline.

You can add or remove items from the shortcuts bar if you make a right click on the "Desktop Shortcuts Bar". After this, the "Customize" option will appear (see the figure at the right). If you click on it, the "Desktop Shortcut Bar Dialog" will open.

Frame's Buttons

These are the buttons from the top of the frame, the right side. From the first button you can hide the title bar, to save some space on the screen, it will change into "Show title bar". If you want to see the title bar again keep the cursor on the top of the frame a few seconds. The second button "Switch to persistent frame" will change the frame in a persistent frame. A persistent frame is a frame that is shown in all workspaces. This will change into "Switch to regular frame" from where you can set the frame to be a normal frame. A normal frame is a frame attached to it's workspace. A persistent frame will have at the end of the title name "- P", from persistent. The third button will change the frame into an external frame, this button will change into "Switch to internal frame" that will do the reverse operation. The last ones are the three standard frame buttons: "Minimize", "Maximize/Restore" and "Close".

Workspace Panel

The Workspace panel contains one or more workspaces. You can change the order of the workspaces in the workspace panel by drag-and-drop. On logout, if you save the settings, the order of the workspaces will be saved too. Workspaces are named by default: "Workspace 1", "Workspace 2", ... and so on. You can change the name of a workspace using double click on the workspace name.

Status Bar

"Connected" status means that everything is ok. "Disconnected" status means that the application is disconnected from server. Check the cable connection. "Refreshing Data" status means that the application is reconnecting to server and the current data is updating. "Loading Settings" status means that the application is loading the settings.

*The risk of loss exists in futures trading.  Past performance is not indicative of future results.

United Futures Trading Company, Inc.
150 N. Michigan Ave.
Suite 1970
Chicago, IL  60601