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Autospreader

Autospreader ™ Overview

The Autospreader is a three-pane window designed to facilitate the automatic trading of calendar and inter-product spreads. You define the two legs of the spread, the relationships, and parameters between them. The Autospreader displays the implied market for the spread based on the outright legs. You can enter orders in the spread pane and the Autospreader works the legs to achieve the spread setting parameters. The Autospreader is an add-on tool only available with X_TRADERâ Pro. Although it is installed during the regular X_TRADER installation process, it requires a separate X_TRADER® Pro™ license to function.

New display features of Autospreader include:

  • New! Calculate Implieds Instead of using Exchange Implieds.


Because some exchanges only display implied pricing data when the implied prices and quantities are at the best price in the market, you may not see some implied values. This new feature calculates and displays implied pricing in Market Depth as well as the inside market. To enable this feature, open the Properties Trading tab and click the Calculate Implieds Instead of using Exchange Implieds option.
  • Implieds From Implieds: After you enable Calculate Implieds instead of using Exchange Implieds, you can enable the Implieds From Implieds option. X_TRADER also calculates and displays implieds from implieds values (sometimes called 2nd generation implieds).
  • New! Include Implieds for spreads in Market Columns and in Depth. Displays (new) implied outright, (new) implied spread, and (new) implieds from implieds quantities and prices in market data columns.


To enable this feature, go to the Properties Trading tab. Click the Include Implieds in Market columns and in Depth option. For more information about X_TRADER®’s Implied pricing capabilities, go to the Market window section of the Help and review Implied Prices and Quantities.

NOTE: The three panes of the Autospreader window are based on the functionality of the MD Trader™ window within X_TRADER. Therefore, all the functionality of the MD Trader window is also available for each Autospreader pane. Refer to the MD Trader window sections of the Help for detailed descriptions of MD Trader enhancements, properties, and usage.


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