X_Trader Pro Features

X_TRADER Pro, Trading Technology's premium trading software, delivers a package of added functionality that features the Autospreader™ and Autotrader™ automated trading tools and connectivity to all TT-supported markets. X_TRADER Pro also provides free access to TT's complete suite of plug-in products and the X_TRADER API, so you can expand the functionality of X_TRADER Pro with TT's off-the-shelf plug-in tools or create your own custom applications to meet your unique needs. X_TRADER Pro incorporates all of the capabilities that are in the standard X_TRADER product, including the patented MD Trader™ vertical market depth display.

We believe X_TRADER Pro provides expanded functionality and features that can really make a difference in how you trade:

Autospreader™

All Autospreader parameters can be controlled within the Autospreader Manager window. You can easily create new spreads or edit, launch and delete existing spreads. To create a new spread, simply add the legs of the spread, define the settings, and name and color-code the spread. User-definable parameters include:

• Active quoting on one to three legs.
• Positive and negative pay-up ticks.
• Color coding to easily differentiate and identify unhedged Autospreader orders in MD Trader™.
• Ability to adjust for market depth and define an offset volume multiplier to reduce legging risk.
• User-defined ticking that allows you to specify a greater or lesser tick size to fit your needs.
• Multi-level settings to determine sensitivity to market moves and prevent excessive quoting.
• Price reasonability check on any leg.

To meet specific trading needs, Autotrader is designed to be configured in practically any imaginable fashion. It contains a built-in formula engine that is driven by user-defined Excel logic functions to provide maximum flexibility when executing scalping, spreading, market making and other strategies. You can embed formulas directly within Autotrader or use links from Excel to create expanded hybrid strategies.

Autotrader can make a market around the existing market, around a theoretical value derived from an outside source, such as an equity index's fair value or around a given theoretical bid and ask. Or it can enter orders when a threshold, set by the trader, has been reached.

With this wide variety of available choices, you can customize Autotrader and allow it to do what it does best: run calculations, watch contingent variables and make split-second comparisons and decisions. You are no longer preoccupied watching multiple windows, running mental calculations and entering orders manually while potentially missing opportunities. Autotrader takes care of the details and frees you to view trades from the "big picture" perspective, making it possible for you to rapidly analyze and adjust your strategy.

X_Trader Pro API

Now you can extend the power of X_TRADER Pro through the X_TRADER API. vCapFutures can help you develop your own applications that trade through X_TRADER Pro to get the unique functionality and features you need to succeed. By tapping into the X_TRADER API, you can receive prices (including depth), submit orders, receive order and fill update information, manipulate orders that exist in the X_TRADER order book, and more.

By utilizing the X_TRADER API, you can:

• Create and handle various synthetic order types.
• Automate trading with your own proprietary strategies.
• Enhance decision-making data.
• Integrate X_TRADER Pro with other trading systems.
• Display, manipulate and utilize market data.
• Manipulate and distribute back-office data.

TT-Connected Markets

Get full access to all TT-connected markets including the CBOE Futures Exchange (CFE), Chicago Board of Trade, Chicago Mercantile Exchange, Eurex, Eurex US, Euronext.liffe, Frankfurt Stock Exchange (Xetra), Hotspot FX, IntercontinentalExchange®, ICE Futures, Montréal Exchange and New York Mercantile Exchange (NYMEX).

TT Plug-Ins

TT gives you two ways to customize X_TRADER to meet your unique requirements:

• Customize X_TRADER Pro from a library of more than two dozen plug-in applications created by TT. This extensive toolbox of applications works with X_TRADER Pro to expand the functionality of this already powerful trading platform. Some TT plug-ins also are available with the standard X_TRADER screen.
• If you would like to customize the functionality of X_TRADER Pro but don't have the development expertise or time to do it yourself, TT Professional Services (TT PS) can develop your applications for you. TT PS combines deep product and industry knowledge with low consulting rates to make sure you get exactly what you want with minimal investment - and at lightning speed.