You can check whether your orders are working or pending under the open orders panel. Go to Trading > Open Orders and this should bring up a screen like below.
As you can see, it lists all the orders of your account. You have the ability to change any order or even cancel the order. You should see these options at the bottom of the open orders panel as per below.
• Change Order – click on this to change a current working order. A new window will appear (below) and you can change as required. Click on Place Order(s) once its ready to go.
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• Cancel Order – click on this to cancel an order. Click Start to begin the cancellation, and you will get a confirmation of the cancellation when done.
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CHARTS
Charts can be brought up by going to Trading >> New Chart.
A new chart should appear on your screen as per below.
In the top left hand corner, enter the symbol of the contract that you wish to view. In this example, we are viewing APM3 – SPI ASX 200 futures.
28 There are many options that you can select within charts that you can select. These are outlined below.
1. Add new secondary instrument – this allows you to add a secondary instrument to the current chart you have for the primary instrument.
2. Period – this allows you to choose the period of the chart.
3. Chart type – allows you to select the type of chart that you need.
4. Zoom – zoom in or zoom out.
5. Auto scale and restore chart range – only applies if you have resized the chart.
6. Studies – add the studies that you require onto the chart. HalifaxOnline offers plenty of studies including the standard MACD, moving averages and AROON, along with Ichimoku Kinko Hyo, Kairi and TRIX.
7. Annotations – allows you to annotate the chart with lines, text and other notes.
8. Eraser – erases any annotations.
9. Cursor mode – allows you to switch between crosshair, trackball and a normal pointer.
In order to change the settings of the charts, you will need to go and click on the arrow under the “Add
instrument” field with the contract code next to it and select properties. Here you can change the chart details.
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VIEWING ACCOUNT SUMMARY
Account summary displays all your current cash value, margin usage and any open positions. Below is a screenshot of it and the details behind each one. You can access this by going to Account >> Account Summary.
30 Account Value This is the current value of the account, if all trades were liquated at this time and margin
were given back at the time.
Other collateral Instruments NOT online tradable. For example bonds.
Not available for Margin collateral
The account value less Other Collateral.
Used for margin requirements
The current amount of money tied up in margin
Available for margin trading
The amount you have currently that you can use for trading margin products
Margin Utilization The current percentage of the total value used up as margin
Non-margin positions
Unrealized margin profit/loss
The current market value of any securities (e.g. equities, bonds etc.) held. The market value is calculated using current price.
The sum of margin positions and its profit/loss.
Unrealized value of positions
The sum of Non-margin positions (value of collateral), Unrealized margin profit/loss (unrealized value of all open positions) and Cost to close (commissions and fees).
Cost to close The cost of closing your positions, e.g. commissions and trading fees.
Cash balance Transactions not booked
Cash on hand excluding an unrealized value of positions.
Trades, commissions etc. that have not been booked. For example a trades executed today will be booked the next business day.
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REPORTS
HalifaxOnline can allow users to view reports for past activities. This can be achieved by doing to Account and selecting the report you require. Below is a summary of the reports available.
Account Statement The Account Statement displays an itemised list of all postings in your account:
• Fund transfers to your account
• Fund withdrawals from your account
• Profits and losses from trading activities
• Commissions
• Dividends and Interest
Financial Statement The Financial Statement displays the aggregate summary of your account, from commissions, profit and loss and interest. Useful to quickly view your overall account.
Trades Executed The Trades Executed list offers an overview of your opened and closed positions.
This statement lists all trading activity, including activities that are not reflected in your cash flow.
Trades Booked Statement
This overview of trades booked gives an itemised list of all trading activity that makes a change on your account.
All direct cash investments are booked. Margin-based trades are
booked when you close a position and the net profit or loss is credited or debited to your account.
Forex Rollover Report If you hold a position over-night, the position is rolled over and you may pay or receive swap points. Swap points (Tomorrow/Next rate) are calculated by the difference in the interest rates that apply to the two currencies in the currency cross that you’re trading.
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MARKET DATA SUBSCRIPTIONS
To be able to trade and get live pricing for contracts you will need to subscribe to certain subscriptions. To do this you will need to click on Account > Subscriptions > Subscriptions Pricelist. This should open up the subscription pricelist tab. Scroll down to see the possible
subscriptions.
Once the Subscription Price list is opened, you will need to click on the Subscribe tab as shown below. When you click on this, a new popup will appear asking you to fill the details as required.
Please note, that if the client is setting it up as an individual or joint account, it is a private investor, and anything else like trust or company is a professional. Make sure they select the right one.
Also note that Level 2 subscriptions will give you market depth, whereas Level 1 subscriptions only gives you prices.
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TRADING CONDITIONS
Trading conditions allows you to view the commissions, margins and collateral values of products available in the platform. To do this you will need to click on Account > Trading Conditions.
This will bring you to the Trading Conditions screen, where you can begin viewing the rates and conditions of a particular product. Please note you can switch between products by clicking on the dropdown box and selecting the relevant product.
34 If you have multiple accounts, different trading conditions may apply to each account. You will need to select the dropdown to interchange between accounts and view its trading conditions.
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FAQS
FAQS