Posted: Aug 27, 2008 @ 02:53 PM             Msg. 1 of 3

Not sure if this is the right place to post.

Trying to find documentation or information on how to use the Chains Feature of Turbo Order Entry via Excel DDE.

In the dropdown there is a preset list of OCO1, OCO2... OCO5 and OSO1-5.

How do we specify the OCO's listed in the drop down? Please confirm once triggered from Excel DDE these order chains are managed server side and not by the client.

Below is a sample of a 3 Step Trade Set.

How can this Trade Set be entered and managed server side in OCE chaining OCO's and OSO's?

Tried using your OCO/OSO Order entry in OEC but can't find where to adjust the order quantity or specify a price based on calculation / ticks (average cost + x ticks).


// Open Tradeset
Buy 10 ESU8 Market By DEMO //Open Tradeset

// Step 1
Sell 10 ESU8 Average Cost + 4 Ticks By DEMO //Close Trade Set LINKED ??? (How can we Loop Back to Open Tradeset ?)
OCO
Buy 20 ESu8 Average Cost - 8 Ticks BY DEMO //Add Step 1 LINKED (Goto STEP 2)
// Hedge Check: If no hedge Open Option Position
Buy 20 OESU8 P(calculate 2 strikes OTM) BY DEMO // Open Option Hedge

// Step 2
Sell 30 ESU8 Average Cost + 4 Ticks By DEMO // Close Trade Set LINKED (Loop Back to Open Tradeset)
OCO
Buy 60 ESU8 Average Cost - 8 Ticks BY DEMO //Add Step 2 LINKED (Goto STEP 3)

// Step 3
Sell 90 ESU8 Average Cost + 4 Tick By DEMO //Close Trade Set LINKED (Loop Back to Open Tradeset)
OCO
Sell 90 ESU8 Average Cost - 8 Ticks By DEMO // Close Trade Set LINKED (Loop Back to Open Tradeset)
// Hedge Check - Liquidate Hedge
Sell 20 OESU8 Market BY DEMO // Liquidate Options

Posted: Aug 27, 2008 @ 03:32 PM             Msg. 2 of 3

Our Excel Sample doesn't support oco/oso chains.
Please see http://www.openecry.com/includes/pdf/DDE.pdf for OCO and bracket orders implementation.

Posted: Aug 27, 2008 @ 08:23 PM             Msg. 3 of 3

Thanks Serge,

I misinterpreted your user guide:

Turbo Order Entry (TOE)
The TOE order ticket facilitates high column trading because it creates a number of orders at one time, transmits multiple orders concurrently, and creates, saves and retrieves orders from Excel.