OVERVIEW

Vision Xpress is a real-time trading application that allows traders to use the Internet to access their trading accounts to place and maintain orders, obtain status on working orders, check balances, view positions, check for filled trades, retrieve quotes and surf the Web. The software can be downloaded directly from the Vision website.

The software features a variety of order-entry modes, including pull-down and text box entry, typed orders (Xpress Line) and point-and click order creation. Users of the software should have a basic understanding of futures and options trading, as such material will not be covered in this reference guide.

The system uses a variety of screens to display and request information. These screens are used to display positions, filled trades, account activity, parked orders, quotes, funds and user preferences. Additional screens include the Quick-Quote pop-up screen and the Order Verification screen.

Vision Xpress features a real-time fill-notification system. Fills are sent to your screen via a pop-up fill-notification box as soon as the fill is received. In some instances, fills can be returned in 1-3 seconds.

Data for funds, fills, orders, quotes, parked orders, and positions are displayed throughout the system using custom-sizable grids. Most data elements are color-coded to indicate the business functionality of the data. For example, buy orders are displayed with a blue font, while sell orders use a red font. Similarly, market quotes use color-coding to indicate whether a quote is positive or negative.

The various order-entry modes are designed to fit various trading conditions. For example, a user watching quotes for a given market can instantly create an order by simply clicking on the quote once the market reaches the desired price. Or, a user can easily summarize open positions and liquidate any one of them by simply pointing to and then double-clicking on the position in the Positions screen.