x press user guide

8/15/2019 x Press User Guide

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MF Global Xpress

MF Global Xpress is a proprietary real-time

platform that provides futures traders with

direct access to the markets and the exibility

to trade in a way that is most convenient and

appropriate for their needs. This powerful,

user-friendly tool is available to download from

the Internet and install on the computer

desktop. Traveling users who do not have ready

access to their desktops can access MF Global

Xpress from the Internet as well as from their

wireless web-enabled devices.

Key Features

MF Global Xpress enables futures traders to:

• Access and view real-time, mark-to-market accountinformation, positions, orders, lls, statements, charts,news and streaming quotes

• View up to ve pending bids and offers on either sideof a current futures market price.

• Manage the order book by ltering trades by status(working, rejected, replaced, lled or open), user,account or order number

• Set audible or visual ll notication alerts

• Access the Internet using the integrated web browser

• Simultaneously access multiple accounts

• Review charting, news and analytics

• Customize screens to t particular trading needs andstyles

Support

• To sign up for MF Global Xpress, customers need to talkto their broker.

• To add accounts to an existing user ID, please call- - .

Introduction



Placing an order From the Order Entry screen:

Order Entry

Submit

Good Through Date

For STWL orders

• From the main menu, click on Order Entry.• To obtain a quote, enter selections for a Commodity,

Month and Year. Note that the quote format is the sameprice format used to enter the order. Never use decimalpoints.

• LMT Price is for STWL orders only. For a normal LMT, ll inthe Price eld.

• For options, enter the strike price in the Strike eld, and“P” for put or “C” for call in the P/C eld.

• Good Through Date (GTD) should be left blank for dayorders, or lled in with “CANCEL” for open or GTD orders.Enter an order cancel data in the “yyyymmdd” format.

• Click Submit



MF Global Xpress

Placing an order (continued)

From the Streaming Quotes screen:

Click anywhere in box toget the drop down menu

• From the main menu, click on View > Quotes > StreamingQuotes.

• To enter an order, simply left or right-click on a quote.A window will appear with options to Buy Order, SellOrder, Remove Contract or Exit.

• Click on Buy Order or Sell Order to place an order. Anorder will appear with a default quantity and order type.Customize the default quantity and type by clicking onSetup > Preferences in the main menu.




From the Market Depth screen:

Bids = “BUY LMT”

Offers = “SELL LMT”

Quantity

Sell MktBuy Mkt

• From the main menu, click on View > Quotes >Market Depth.

• Enter a quantity in the eld towards the bottom ofthe screen.

• Click on Buy Mkt or Sell Mkt to place a MKT order.•

Left-click on a desired price to place a limit order. Clickingon the Bid (blue) side will place a BUY LMT order; clickingon the Offers (red) side will place a SELL LMT order.

• A STOP order can be placed by right-clicking on thedesired price. Clicking on the Bid (blue) side will place aSELL STOP order, and clicking on the Offers (red) side willplace a BUY STOP order.

• To activate the order conrmation screen, select Setup >

Preferences in the main menu



MF Global XpressMF Global Xpress


From the Snapshot Quotes screen:

Click anywhere in box toget the drop down menu

• From the main menu, click on View > Quotes >Snapshot Quotes

• Simply left or right-click on a quote to enter an order. Awindow will appear with options to Buy Order, Sell Order,Remove Contract or Exit.

• Click on Buy Order or Sell Order to place an order. Anorder will appear with a default quantity and order type.The default quantities can be customized by throughSetup > Preferences in the main menu.




From the Streaming Order Entry screen:

Contract dropdown menu

Price eldQty eld

Order Type dropdown menu

• From the main menu, click on Order Entry >Streaming Entry.

• Make a selection from the Contract drop-down menu.Note that the options on this menu are dependent on theStreaming Quotes screen.

•

Make a selection from the Order Type drop-down menu.

• Enter a price and quantity in the Price and Qty elds,respectively.

• Click on Buy Sell to complete the order.



MF Global Xpress

Determining the price format accepted for aparticular commoditySimply obtain a quote on a particular commodity contract and note the format of that quote when placingthe actual order for that commodity.

The following error message may appear when placing an order:

Error, you must enter “J ” or “ZB” or “Y ”, etc. instead of “JY” or “US” or “EC”, etc.

To resolve this error, simply use the Globex symbols instead of the open outcry symbols. MF Global requirescustomers to trade CME Globex currencies, NYMEX Globex energies, COMEX Globex metals, CBOT Globexgrains and CBOT Globex bonds unless entering an option or a spread.



Using the Xpress Line

From the Order Entry screen: Users who are familiar with older typing order entry programs can use theXpress line to place an order, using the following format:

Transaction <space> quantity <space> contractmonthyear <space> price <space> order type

For example, to Buy June mini S&P at LMT, type:b esm lmt

When orders are entered correctly, the order elds above will automatically be lled in and a quote willappear below the Xpress line.

Xpress Line Field box

Submit



MF Global Xpress

Where to view, cancel or cancelreplace orders

From the Activity Updated screen:

Cancel All Orders or Cancel For Account

• From the main menu, click on View > Orders. Ordernumbers, status, positions, etc. can be viewed from thisscreen.

• To cancel or cancel replace an order, simply right-click onthe order and select Cancel Order or Replace Order.

• Orders can also be cancelled by selecting /highlighting itand clicking the Cancel Order button below. To cancel allorders at once, click the Cancel All Orders button.



Where to view positionsFrom the Activity Updated screen:

Summary

Detail Hide Positions

Positions Only

• From the main menu, click on View > Orders• There are two ways to view positions on this screen: ( )

click the check box for Details to see each ll as its ownposition or ( ) click the check box for Summary to seeactual position. For example, if an individual buys ESUand sells ESU , using Details it will appear as long

ESU and Short ESU with a P&L for each ll. UsingSummary it will appear as short ESU^ and with thetotal P&L

• If Summary is blank for a particular contract, thenthe individual is at in that contract. If Summary iscompletely blank, there are no positions.

• Orders can be placed using Details by right-clicking onthe positions to offset or reverse and then selectingOffset or Reverse.

• To view positions only and not orders, click the PositionsOnly check box. To view orders only and not positions,click the Hide Positions check box.



MF Global Xpress

Viewing Funds

On the left side of the screen there is a box for Funds. To view balances, click View, then Balances from themain menu. To view the funds in different currencies, use the drop-down box on the left side of the screen tomake a selection. The currencies will appear on separate lines in the Balances window.

Below are denitions of abbreviations used:

BAL - Morning Balance

OTE- Open Trade Equity

TE - Trade Equity

SOV- Short Options Value

LOV - Long Options Value

NOV - Net Option Value

NLV - Net Liquidation Value of your account

IM - Initial Margin

MM - Maintenance Margin

PP - Purchasing Power

View different currenciesfrom dropdown menu

Funds

View menu



Setting up streamingquotes and market depth

Q shortcut menu forStreaming Quotes

• From the main menu, click Quotes > Streaming Quotes.• Each quote will appear in its own box. At the top of a quote

box is either “Empty” or the contract symbol. Click onEmpty or the contract symbol and enter a new contractcode using the format “codemonthyear”. For example, forE-mini S&P March , enter ESH ; for electronic yrbonds June , enter ZBM .

• To view all quotes in real-time, click View > Quotes >Streaming Quotes. You can also access this screen byclicking on Streaming Quotes from the Q icon underneaththe main menu.

• To view quotes spreadsheet-style or to view the bid ask,click View > Quotes > Combined Quotes.

• To view market depth, click View > Quotes > MarketDepth. To view quotes on the Market Depth screen, theymust be set up as streaming quotes. Market depth isonly for electronically-traded markets. Electronic con-tracts that have been set up for streaming quotes will beaccessible in the drop-down menu towards the bottom ofthe Market Depth screen. After selecting the contract ormarket, it may take a minute or so for the informationto appear.



MF Global Xpress

Subscribing to streaming quotes

Add

Update

• From the main menu, click Setup > Services > Charts, Newsand Market Data.

• Scroll through the list of available exchange subscriptions.Make selections by clicking on the subscription checkboxes and clicking on the Add or Update buttons.

• A user agreement/disclaimer will appear. Click on thecheck box to indicate you have read and agreed to the

stated terms. You will then return to the Charts and NewsServices screen.

• The CME Globex, NYMEX Globex, COMEX Globex andCBOT Globex subscriptions are currently free. To viewopen outcry /pit-traded contracts, subscribe to theexchange where those contracts are listed.

Charts, News andMarket Data



Subscribing to real-time charts

Add ProfessionalLevel Package

Choose individualCharts or Newsservices to Upgradeor Change

Real-TimeInteractive/JavaQuotes and Charts

Yes check box

• From the main menu, click Setup > Services > Charts, Newsand Market Data.

• To subscribe to the professional charts and news package,click on Add Professional Level Package. Streaming quotesare available only for charts on contracts which havesubscriptions. Access to CBOT Globex and CME Globexare available. Pit-traded markets at the CME and CBOT,

and any market at NYMEX, COMEX and ICE/NYBOT requiresubscriptions to the exchange.

• To add real-time charts only, go to “Choose individualCharts or News service to Upgrade or Change”, selectReal-Time Interactive/Java Quotes and Charts”, thenclick on Upgrade or Change to. A user agreement/dis-claimer will appear. Click on the check box to indicateyou have read and agreed to the stated terms. You willthen return to the Charts and News Services screen.



MF Global Xpress

Setting upsnapshot quotes• From the main menu, click on View > Quotes > Snapshot

Quotes. Or, click on Snapshot Quotes from the Q iconunderneath the main menu.

• Each quote will appear in its own box. At the top of thequote box is “Empty” or the contract symbol. Click on

Empty or the contract symbol and enter a new contractcode using the format “codemonthyear”. For example, forE-mini S&P March , enter ESH ; for electronic yrbonds Jun , enter ZBM .

• To view all quotes in real-time, click View > Quotes >Snapshot Quotes. To view just one quote in real-time, clickon the green refresh arrows in the bottom right corner ofeach box. To view the entire page of quotes in real-time,click Refresh Page in the bottom left corner of the screen.

• Fees for snapshot quotes vary: • CBOT quotes are currently free. • CME pit-traded contracts require a at monthly fee for

unlimited quotes. • Globex quotes (CME, NYMEX and COMEX) are currently

free . • New York exchanges (pit-traded

NYMEX, COMEX and all ICE/NYBOT) charge per quote.For example, if there are three NYBOT quotes on thepage, the charge will be three times the per quotecost every time the page is refreshed. If an optionschain is viewed, there will be a charge for each andevery single quote, including for the strikes that arenot currently trading.

Green refresh arrows

Q shortcut menu forSnapshot Quotes



MF Global Xpress

Price AlertsFrom the main menu, click on Setup, Preferences, then Price Alerts. Alerts are available only for

contracts that are currently set up with streaming quotes. Select a contract from the Contract List,

enter the price at which the alert should activate, and select whether to be alerted when the price

is greater or less than the specied price. There can only be one price alert set up per contract.

Price Alert Tab

Contract List

Choose ReceivingAlert Option



Spread

Submit

Pricing spreadsFrom the main menu, click on Order Entry. Select Spread to view the order as a spread, then click Submit.The nearby (or front) month is always the top line on the spread. The price will always be on the top line ofthe spread. If the deferred month is trading higher, the price must be indicated as negative. For an evenspread, enter “EVEN”.

Order Entry



MF Global Xpress

Setting Up Preferences

Fills/Cancel Notication allows you to select how to benotied on lls and cancels. Pop-up and audible alerts areavailable, but only one can be activated at a time.

Default Order Ticket Button allows you to select Transmit orAbort as a default option. This setting will be activated whenyou press Enter on your keyboard.

Default Quantity allows you to set a default quantity andorder type on an order ticket. The default values can bemodied on the actual order ticket. To view the loading screenat login, click the Show Progress check box under Data. You canalso select customer accounts and data to appear at login byselecting Accounts at Login and Data at Login.

Order Entry Defaults allow you to set default Product,Quantity, Month, Year and Order Type to appear on the OrderEntry screen. Default values can be modied on the actualorder ticket.

Log Off Time allows you to limit inactive time on MF Global Xpressby setting a time to automatically log off from the system. There isalso an option to Never Log Off and keep the system onindenitely.

Order Conrmation allows you to turn on/off the orderconrmation pop-up that appears within the Market Depth screen.

Turning on the conrmation (by clicking the Market Depth checkbox) is highly recommended for users who are not very familiarwith the Market Depth screen.

Customize Colors allows you to specify the colors used on theActivity Updated screen for orders, lls, etc.

Printing allows you to automatically print ll and/or orders.

Printer allows you to specify a network or local device to print to.

Account Mode lets you choose whether to view orders and llsfor one or all accounts within the Activity Updated screen.

Fill/CancelNotication

Order EntryDefaults

Default OrderTicket Button

Defaults

Quantity

Log Off Time

Printing

Printer

Account Mode

Customize Colors

Order Conrmation

Data

From the main menu, click on Setup > Preferences > General.



Viewing order historyFrom the main menu, click on Order Entry > Order and Fills History. MF Global Xpress will only save ordersthat were entered from a particular computer. Users should contact their desk/broker to nd out moreinformation about the information saved on the system.



MF Global Xpress

Entering information duringMF Global Xpress downloadWhen prompted for Name, Company and Serial number, simply type in any desired information. The systemjust requires the elds to be lled in for download/setup to continue.

The following error messages may appear: Logon Failed or Cannot Connect to Host.

Logon Failed appears because an incorrect icon, user ID, account number or password may have beenentered. Cannot Connect to Host appears because the computer is being blocked from MF Global Xpress bya rewall. If the computer or network uses Microsoft, McAfee, Norton or another rewall, MF Global Xpressmust be added as an exception or trusted application. Computers on professional networks may need to becongured to access IP address . . . .



Installing MF Global Xpress onWindows VistaTraders who use PCs with Windows Vista and encounter problems during installation should try thefollowing:

Users should contact Trader Support - - - or - - - . If they continue to experienceproblems while installing MF Global Xpress on Windows Vista.

• Save the installation le to the Downloads folder orthe Desktop: Right-click on the installation le. Click on

Properties > Compatibility, and select the options to runthe program in compatibility mode for Windows XP ServicePack . Click Apply, then OK. Run the installation asdirected.

• Restart and try to re-install MF Global Xpress: Click OKwhen the service pack message appears. You will then be

prompted to install the program with the RecommendedSettings. Run the installation as directed.



MF Global Xpress

MF Global Xpress Login• Select MF Global Xpress Account when logging on as a customer, or with an account number.• Select MF Global Xpress User when logging on as a broker, or using a three- or four-letter user ID.• Select MF Global Xpress Simulated User when logging in as a simulated trader.• After choosing one of the following, Enter in your account name and password.• Click the Remember Me option for MF Global Xpress to store the login information.• Click Auto Connect to automatically connect the user when starting the MF Global Xpress program.

MF Global Xpress Account

MF Global Xpress User

MF Global Xpress Simulated User

MF Global Xpress Account Name

Password

Auto ConnectRemember Me



MF Global Xpress Denitions

B/S - This is the transaction. “B” for Buy and “S” for Sell.

Commodity - Refers to the commodity to trade. Select the commodity in the drop-down menu or enter the code.

GTD - Good Through Date. Leave this blank for a day order, and enter “CANCEL” for a GTC or open order. The date should beentered in the format mmddyy.

LMT Price - Refers to the limit price of a stop-with-limit (STWL) order.

Month - Contract expiration or delivery month. Select this from the drop-down menu or enter the code.

P/C - Put or call indicator

Price - Limit price or stop trigger

QTY- Quantity ordered.

Strike - Refers to options strike price.

Type - Refers to order type. Select this from the drop-down menu or enter in the code. Note that not all order types are available inall markets. Customers should clarify the available order types by market with their broker.

Year - The year of the contract expiration/delivery. Select this from the drop-down menu or enter in the code.



MF Global Xpress



Get Started withMF Global Xpress Today! • Review all post-execution trading activity in a variety of formats• Access valuable resources to help you make the most of futures trading with

MF Global Xpress• Contact us at - - or [email protected] to sign-up or add reports and/or

new accounts to an existing MF Global Xpress account

Disclaimer: Futures trading involves risk of loss and is not suitable for everyone.



MF Global Inc South LaSalle Street

th FlooChicago, Illinois

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