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MBT Desktop

 

 

MBT Desktop

Software Overview

 

MB Trading has won multiple industry awards for its flagship trading platform, the MBT Desktop™. Most recently, MB Trading earned a top score in Barron’s 2010 Trading Technology category of its on-line broker review. The MBT Desktop is a fully-customizable workstation that can be used to trade FOREX, Stocks, Futures, and Options, based on customer needs. Other notable features of the platform include:

  • FOREX Trading: No Deal Desk. Spreads as low as 1/10 of a PIP with ground-breaking order types
  • Smart Order Routing: MBTX one-button order routing for equities, futures, and options
  • CME Full Sized Products (Includes E-mini) $40 (Free with 40 trades*)
  • Advanced Orders: Server-sided trailing stops, TTOs, and more
  • Streaming Level II: See the depth of the market, including EXN book quotes in all markets
  • Real-time Updates: See your profit/loss and buying power updated in real time
  • Seamless Integration: Use the MBT Desktop with industry-leading market analytical programs
  • Multiple Layouts: Customize and save multiple trading layouts for ease of use in different trading environments

 

User Manual

Click here to view the MBT Desktop User Manual

 

Features List

MAT (Managed Account Trading) NEW!

The Managed Account Trading (MAT) tool is designed for traders managing multiple accounts with one or multiple strategies. Accounts with trading authorizations, funds or even a regular account plus an IRA can be grouped based on the trader's design. The MAT functionality is built into the MBT Desktop software and is immediately available for use by any authorized account. There is no minimum account size or minimum number of accounts required to use this tool; MAT allows trading from one to thousands of accounts simply and easily. Learn more about the Managed Account Tool.

 

Market Depth (Level II)

Sub Pips Underlined in LVLI NEW!

 

Drag and Drop to Change Orders NEW!

Drag and Drop change order capability in the Market Depth window. (1) Indented box represents your order. (2)Drag to a new price level in the montage or the opposite side to change into market order. (3)That will send a change order to the new price for your order.

Drag and Drop to New Price Level

Futures Depth-of-Book

For those with an MB Trading Futures account, you can view the top 5 futures bids and offers, allowing you to see the depth of the market.

TradeFlow Meter

See where the market pressure is. The Trade Flow Meter watches trade volume at the bid vs. the ask, degrading its average over time interval.

Monitor Multiple MPIDs

Interested in seeing what a particular market participant is doing today? Right-click on the desired MPID, select "monitor", and the color of each selected MPID will invert, making it easier to track.

Watchlist

Yahoo Finance Snapshot Menu NEW!

Added Yahoo Finance Snapshot menu item to load fundamental page for selected symbol (equities only).

Pip Value/Lot Column NEW!

Now calculated using bid only so values will be identical whether long or short.

 

Spread Column NEW!

Added Spread column.

 

S/M Column NEW!

Shows 'I' for intraday short, '$' for negative borrow.

Symbols Import NEW!

Import into watchlist of symbols now supports multiple formats.

Server Sided Symbol Lists

The MBT Desktop takes into consideration that you may not log in from the same computer every time; your symbol lists and configuration settings are saved on our server.

Order Entry in Watchlist

Either right-click on your watchlist and select "Show Order Entry" OR double-click on any of the symbols to place an order.

Navigate the Watchlist

Use the UP / DOWN arrows on your keyboard to switch cells in the watchlist. The Enter key now puts you in edit mode, allowing you to change the symbol or accept the change if you are already in edit mode.

Multiple Watchlists

Use the menu command "Navigate|Watchlist" to create a multiple Watchlists. This feature helps keep distinct groups of symbols apart and easily viewed.

Updated Trade Trend

We've updated the trade trend to show you what the market is truly doing. Now on a 0+ tick or a 0- tick, you will see a bullet colored to either the uptick color (if it was 0+) or the downtick color (for 0-).

Sort by Any Data Column

We've updated the trade trend to show you what the market is truly doing. Now on a 0+ tick or a 0- tick, you will see a bullet colored to either the uptick color (if it was 0+) or the downtick color (for 0-).

FX Board NEW!

Now shows red bar when bid or Ask is unavailable. Added scrollbars when view is too small to fit content.

Alerts Window NEW!

 

Alerts window renamed to Messages. Added server name to quote connect/disconnect messages in alerts view.

Order Entry

TIF Selector NEW!

Added TIF selector to TTO, Options and Plus templates.

Combination Orders Types NEW!

Added new combination orders: Limit+TTO, Limit+Stop Market, Limit+Trailing Stop, Maket+TTO, Market+Trailing Stop, Stop Limit+TTO, Stop Limit+Trailing Stop, Stop+TTO, Stop+Trailing Stop, Reverse+TTO.

Trailing Stop Trigger NEW!

Added optional trailing stop trigger to TTO template (when open position).

 

Add IOC Support for FX NEW!

Added optional trailing stop trigger to TTO template (when open position).

 

Intraday Shorts NEW!

Intraday shorts now show 'dashed' box in short/margin control. Tooltip shows negative borrow rate.

 

Cancel Message NEW!

Added a "reason" for cancel message
Added MOC/LOC/Reserve order type for Canadian symbols.

 

Open Orders NEW!

Shift and Ctrl click can now be used to select multiple open orders, enabling new 'Cancel > Cxl all selected' menu item. Added MOC/LOC/Reserve order type for Canadian.

 

OE - Order routing defaults NEW!

Shift and Ctrl click can now be used to select multiple open orders, enabling new 'Cancel > Cxl all selected' menu item. Added MOC/LOC/Reserve order type for Canadian.

 

 

Cxl Replace dialog NEW!

Now shows most current order details instead of original order details after multiple replaces of the same order.

 

 

Optimized accounting, position and order message code for faster execution NEW!

 

Forex lot size NEW!

Added ability to set Forex lot size (1000-10000 in even 1000's).

"Plus" Template

Offers the ability to place a variety of orders, including Limit + TTO, Market + TTO, Reserve + TTO, Stop + TTO, Limit + Trailing Stop, and Market + Trailing Stop.).

Margin/Short Status

Quickly view the status of a stock - a green 'M' indicates "marginable"; a red 'M' with a line through it indicates "not marginable". A purple box around it indicates "shortable" and a gray box indicates "not shortable".

Maximum Trade Qty

Save time by clicking on the BP field to calculate and load the maximum number of shares you can trade (to the nearest round lot).

Pinned Order Entry

Have you found your order entry settings for the day? Don't want them to change every time you change symbols? Pin your Order Entry Screen! By clicking on the pin, the settings are kept as you switch symbols.

TTO trigger recalculation

Want to re-apply your default settings to the TTO screen? By clicking on the last price you can have your TTO defaults recalculated and placed into the Upper trigger and Lower trigger fields.

 

Order preferences by security type NEW!

Set different default volume quantities for stocks, futures, and options. Each time you change symbols (assuming you are not using the pinned feature) these defaults will be re-applied.

Order type default NEW!

Now set your default order type preference under "order entry defaults". Note that if the order type is not available for the route selected, it will default to Limit.

Submit button color

Now set your "Submit" button color default in the "General Preferences" window.

Options

Online Options trading

After opening an options account, send options orders directly to the exchange.

Highlight Live Orders

See which options you have open orders on by selecting the 'Highlight Live Orders in Grid' preference. This option highlights the rows in which you have open orders.

Options order entry template NEW!

Use the new options order entry template for strangles and straddles.

Basket

Allocate amount now uses EE instead of current BP on saved basket read.

Fix account showing BP instead of EE.

In weight mode, spinner now responds to mouse wheel.

Orderbook and Open Orders

 

Replaces Suspended GTC orders so that after the replace, order remains in suspended state instead of Live. NEW!

 

Multiple views of order history

Customize not only what you see, but also how you see it. Interested in viewing only your live orders? Or how about the Live and Executed orders? Want to see everything in a condensed (summarized) fashion?

Sort by any column

Do you prefer to view things in time order? Or how about by Order ID or symbol? The Orderbook and open orders windows both allow you to sort by any column.

Positions Window

 

Column ordering NEW!

Changed default column ordering to: Symbol, Total Pos, Open Pnl, Closed Pnl, Total pnl.

 

 

Context menu NEW!

Close position context menu should only show when click in the Total Pos columns; otherwise use default menu.

 

 

Rename Total Position to Net Position NEW!

 

 

Positions view NEW!

Notes column fixed; correct price now loaded into OE after Bid/Ask click.

 

 

CloseAll no longer ignored when net position of all symbols = 0. NEW!

 

 

Prevent current selected row from changing when position is added or updated. NEW!

 

Column totals NEW!

Column totals added to all PnL columns.

Order Entry NEW!

Either right-click on your positions window and select "Show Order Entry" OR double-click on any of your positions to place an order.

Account Balance

See your current balances

Want to know what your realized or unrealized profit/loss is for the day? Or see how many shares you've traded or the total number of trades placed today.

FX Charts

3rd Party and General

  • Added FX symbology mapping.
  • Added XP theme support. Multiple windows now support both Export data to .csv and clipboard.
  • Whammy bar configurable with right click.

Symbol lookup

Futures contracts now display current and future contracts description.

What's New In MBT Desktop, Build 12.0.0.48 – October 18, 2013

The MBT Desktop Release Notes are combined with the MBT Desktop Pro Release Notes at the following link.

 

What's New In MBT Desktop, Build 12.0.0.39 – May 24, 2013

The MBT Desktop Release Notes are combined with the MBT Desktop Pro Release Notes at the following link.

 

What's New In MBT Desktop, Build 12.0.0.37 – May 2, 2013

The MBT Desktop Release Notes are combined with the MBT Desktop Pro Release Notes at the following link.

 

What's New In MBT Desktop, Build 12.0.0.28 – February 15, 2013

The MBT Desktop Release Notes are combined with the MBT Desktop Pro Release Notes at the following link.

 

What's New In MBT Desktop, Build 11.9.0.47 – August 22, 2012

The MBT Desktop Release Notes are combined with the MBT Desktop Pro Release Notes at the following link.

 

What's New In MBT Desktop, Build 11.9.0.44 – May 8, 2012

The MBT Desktop Release Notes are combined with the MBT Desktop Pro Release Notes at the following link.

 

What's New In MBT Desktop, Build 11.9.0.37 – March 6, 2012

The MBT Desktop Release Notes are combined with the MBT Desktop Pro Release Notes at the following link.

 

What's New In MBT Desktop, Build 11.9.0.35 – February 24, 2012

The MBT Desktop Release Notes are combined with the MBT Desktop Pro Release Notes at the following link.

 

What's New In MBT Desktop , Build 11.8.0.44 – December 9, 2011

 

Order Entry

Bug Fixed: When the Initial Trailing Stop Amt. in the Order Entry Preferences is updated, when returning to Order Entry, the "ITS +" field would not get updated unless this field is right clicked on or the symbol is changed (by clicking on another symbol in Positions window, for example).

Bug Fixed: In some cases, the time triggered orders were allowing invalid date/time values to be sent to the trade server. In these cases the date/time is not valid and the entire order fails on attempt to insert into the trade database. This fix prevents the invalid date/time from being sent to the trade server.

Account Balances

Bug Fixed: The Account Balances screen was not calculating the “Total Net” value correctly. The balance screen was subtracting commission credits instead of adding them for the "Total Net" value. The "Total Net" value should be [Total P&L] + [Net Commissions].

Charts

Bug Fixed: Fixed the CCI study interval preference. The interval length had been hard-coded to 14; user-entered lengths were ignored. This was changed to accept the user entered study length, instead of 14, into the CCI study.

Bug Fixed: Fixed the WCci study (Woodies' CCI clone). A memory leak was fixed that could exhaust memory and bring down Desktop Pro if left running overnight.

Bug Fixed: Fixed the Level II view so that the contents of the symbol edit box become selected when the view or its top most pane gets focus.

Bug Fixed: Fixed Charts, so that the default colors in an installation without a default.chart file are appropriate to a light-themed workspace, not a dark-themed workspace.

Options Chain

Bug Fixed: No Strike prices in the Options Chain for the symbol $VIX.

Options Strategist

Bug Fixed: The default account was not being loaded in the Options Strategist.

Bug Fixed: When selecting a new account, the Options Strategist container caption did not reflect it.

Bug Fixed: The Options Strategist would crash if you right-clicked "Select Account" and then hit Esc.

MAT

Bug Fixed: When trading FX accounts in the MAT Tool, the allocated amounts would allow for fractional micro lots, e.g. 0.26, to be calculated. This would result in the order being rejected with the error "order must be in increments of 1000". The MAT Tool will now allocate the lot values so that no less than a micro lot is entered, and not allow any fractional micro lots.

 

 

What's New In MBT Desktop , Build 11.8.0.38 – July 15, 2011

 

Installation

Improvement: Upon startup of the Desktop platform it will automatically check for any available release updates and it will prompt you to update to the newest version, if available. In some cases you may be forced to upgrade but in most cases you will have the option to install the upgrade or to skip it. You also can also use the menu item Help > Check for Newer Version, which will check for any available version. This will be used in the case that there may be a silent version (one which does not prompt you) available.

The General Preferences has a checkbox to always download updates.

Order Entry

Improvement: Added two new order types – Market-if-Touched (MIT) and Limit-if-Touched (LIT).

A Market-if-Touched (MIT) order is an order to buy (or sell) a contract below (or above) the market. The MIT order is held in the system until the trigger price is touched. When the trigger price is touched the order is submitted as a market order.

A Limit-if-Touched (LIT) order is similar to a stop order, except that an MIT sell order is placed above the current market price, and a stop sell order is placed below.

Improvement: Preferences for TTO orders now apply to all Stop related orders.

Improvement: You can now toggle the Unit to Use for Stop and Limit Values between Price and Currency (for Stocks, Futures, and Options) and Price, Currency, and Pips (for FOREX). Right click in the Order Entry and select Preferences. You will see this feature in the upper left corner.

In the below example, a Stop Market order would be placed $0.50 above the market price. If you wanted the order to be placed $0.50 below the market, you would enter a value of -0.50.

Here is an example of a Limit order that will be placed 5 pips above the market.

Improvement: New Order Type – Order Triggers All or Other (OTA)

Example:

Place Limit order to buy 100 YHOO @ $15.00 (below market)

Order is displayed in Open Orders window

Change limit price to $10.00

Select Trigger By… from the Trigger Action dropdown menu

You will see the Trigger Order By window

Select the desired order and click OK.

You will get a confirmation of the order being placed. Click OK.

The 2nd order will be suspended until the 1st order is triggered.

There is no limit to the number of orders that can be included in a triggered order group or the number of orders that can be chained in a triggered order sequence.

If you right click in the open orders window you will see the option to display the triggered orders indented in the sequence of the triggered order chains.

Improvement: New Order Type – Order Cancels All (OCA)

Example:

Buy 100 YHOO @ market

Select Stop Market order type, qty 10, stop price less than market

Select New OCA Group (Grp) from the Trigger Action dropdown menu

You will see a Group ID displayed to the right

Select Cancel By OCA… from the Trigger Action dropdown menu

This will bring up the Cancel Group IDs window

Select the desired Group ID and click OK

You will get a confirmation of the order being placed. Click OK.

Select Market-if-Touched order type, qty 10, stop price greater than market

Select Cancel by OCA from the Trigger Action dropdown menu

Select the same Group ID as before and click OK

You will get a confirmation of the order being placed. Click OK.

The Open Orders window will have both of these orders displayed.

When either one of these orders fills first the other order will be cancelled. There is no limit to the number of orders that can be added to an OCA Group.

Improvement: Several enhancements were made to the Order Entry screen to make it faster for clients to be able to set and enter limit orders (especially to FOREX clients).

By moving one price (stop) you won't have to touch the other price based on the desired differential preference setting and one click of a box depending on if the trade will be long or short.

In the Preferences screen, you use the "Use Stop Limit Offset" checkbox for Stop Limit Field syncing, if it is unchecked (off), you control the fields separately, if checked (on), they move as noted above.

In the Preferences screen, you use the “Offset Pips" setting, to set to x pips, which will be the difference between the Stop and Limit either up or down.

This setting will also work in cents for Equities and Options and ticks for futures.

For a Stop Limit order the Stop field is now in front of (to the left) the Limit field. This allows you to focus on the stop price first (what triggers the trade), then the limit beyond.

If the Stop Limit field syncing is turned on in preferences, a rectangular box to the right of the Type: Stop Limit box will be displayed as shown in the following screen shot.

If the box is green, the Limit jumps to x.xx (pips, ticks, or price depending on asset class) above the Stop based on x set in the Preferences “Use Stop Limit Offset”.

If the box is red, the Limit jumps to x.xx (pips, ticks, or price depending on asset class) below the Stop based on x set in the Preferences “Use Stop Limit Offset”.

If you click the up/down arrows or scroll up/down to change the Stop price, the Limit should move in sync.

If you click the up/down arrows or scrolls up/down to change the Limit price, the Stop should NOT move. You can in this way extend the Stop Limit offset.

If you right click on the box, a selection menu opens that allows you to scroll through numbers to select the Stop Limit Offset.

Improvement: New Order Type “Initial Trailing Stop”. See the following screen shot:

For a Buy order, the Initial price should be greater than (>) the current market price (though not required...but if not, the order will trigger immediately, much like a regular Buy Stop where the price is less than or equal to the market price). The Final stop must be less than (<) the Initial stop. This is required because as the asset drops in price, the stop price will continue downward until it hits the Final price, at which point it will no longer trail lower.

For a Sell order, the Initial price should be less than (<) the current market price (again, not required, with same caveat as for a Buy order). The Final stop must be greater than (>) the Initial stop. As the asset price increases the stop will tick up until hitting the Final, and then likewise no longer trail higher.

Improvement: TTO Trailing Offset option is now available for closing long and short positions.

Improvement: You can now set the default Trailing Stop with subpip values (ie. 1.5 pips).

Bug Fixed: Conditional orders no longer get rejected if the same symbol.

Bug Fixed: TTO upper and lower trigger are now derived from the bid when long and from the ask when short.

Orderbook

Improvement: The “Date/Time” column has been changed to “Date” to be used in tandem with “Time EST” or “Time UTC”.

Improvement: Added new column “Order Type”.

Positions Window

Improvement: Added Basis Market Value column.

Improvement: Added Commission column summary footer.

Improvement: Positions window now displays Greeks for options.

Improvement: Double clicking on a position now brings up the order entry so you can place an order.

Bug Fixed: Cancel and Close All Positions now cancels all open orders as it should.

Bug Fixed: Confirmation window for “Cancel and Close All Positions” no longer shows duplicate symbols.

Bug Fixed: “Cancel and Close All Positions” no longer tries to close positions that are in linked accounts.

Bug Fixed: “Cancel and Close All Positions” now closes option strategies and option open orders.

Bug Fixed: Now clears positions upon reconnect of tradeserver. No longer results in duplicate option strategies.

Option Strategist

Improvement: Directly editing the Strike in either grid shows rising prices toward the top and lowering prices toward the bottom (at the top are ITM for Puts and OTM for Calls, and at the bottom are OTM for Puts and ITM for Calls).

Improvement: Now has Time Trigger order.

Improvement: Added decimal places setting for display of Theoretical Value (ThVal), Implied Volatility (IV) and Greeks. Right click > Display and Format. Accepts values of 0 – 6.

Improvement: Removed items from the Option Strategist to make it more readable and usable.

Items removed:

“True signed percent profit" CheckBox

"Calc: Position worth | Profit/Loss" ComboBox

2D & 3D charts and the menu bar at the top, which was solely dedicated to these charts.

Improved the pop-up dialog "Duplicate legs cannot be submitted". Now it is a dismissible dialog that pops-up when Submit is pressed.

Bug Fixed: Sell orders to open or close are no longer displayed as negative price value.

Bug Fixed: Changing the Expiration no longer gets a Runtime Error.

Bug Fixed: Strategy parameters grid Strike Price is now synced to Selected Items grid.

Bug Fixed: When window grouping is set to Acct,Sym clicking on various symbols in Watchlist now changes symbol in Option Strategist including the underlier field.

Option Chain

Improvement: Now has Time Trigger order.

Improvement: Option Chain now displays Greeks for all options.

Bug Fixed: First several Option symbols are no longer missing.

Bug Fixed: Opening second Option Chain window no longer causes platform to crash.

Watchlist

Improvement: Watchlist now displays Greeks for options.

Improvement: “Time” column changed to “Time Last Quote”.

Bug Fixed: Now able to drag any column to the 2nd position.

MAT

Bug Fixed: Summary footer for BP and EE now takes into account exchange rates when dealing with accounts of currencies other than USD.

Open Orders

Improvement: “Date/Time” column has been changed to “Date” to be used in tandem with “Time EST” or “Time UTC”.

Improvement: Added a menu option to show the Triggered Order Chains in the right click context menu.

Bug Fixed: Confirmation window when changing a TTO order now displays correct information.

Bug Fixed: Confirmation window for changing a Trailing Stop order now displays correct information.

Balances

Improvement: Commission is now displayed in Red/Green to reflect credits and charges.

Improvement: When resizing window, information automatically rearranges to fit window.

Baskets

Bug Fixed: When selecting “Open Basket”, baskets after the 10th listed are no longer grayed out.

Market Depth

Improvement: Changes have been made to each Market Depth filter to better control the flow of the Market Depth participants in the window.

Improvement: Added the availability of the new Totalview datafeed. This must be subscribed to as an additional datafeed entitlement. This will provide a “Total” view of all Market Depth participants.

To access these filters, right click in the Market Depth

The filters available for Equities: Regionals, Level II, TotalView, ARCA book

The Filter available for Futures, Canadian, and FOREX: Market Participants

The Filter available for Options: Regionals

Below are what you will see for each filter in the Market Depth

Regionals:

Level II:

Totalview:

ARCA book:

SDK

MbtHistMgr, new bar type:

PV bars

MbtOpenOrder, new properies:

CancelLinkID
TriggerLinkID

MbtOrderClient, new event:

OnBeforeAccountsReload

MbtOrderClient, new parameters in Submit:

bManuallyPlaced
lGroupType
bstrGroupID

MbtOrderClient, new parameters in Replace:

bManuallyPlaced

MbtOrderHistory, new properties:

AdminFlags
CancelLinkID
Commission
ForexConversionRate
GroupID
OpenOrClose
PositionProfitAndLoss
TriggerLinkID

MbtPositions, new method:

CancelAndClose

MbtPositionStrategyGroup, new property:

MMRUsed

MbtPrefs, new properties:

ITSAmount
ITSType
StopLimitOffsetValue
StopLimitUnit
UseStopLimitOffsetValue

MbtRoute, new properties:

AllowForexPeggedOffsets
AllowIfTouched
AllowITS

New Enums:

enumATRIntervalType
enumStopLimitUnit
enumTradingSession

 

 

What's New In MBT Desktop , Build 11.7.0.17 – November 2, 2010

General/Installation

Improvement: MBT Navigator has been rebranded as MBT Desktop.

Improvement: Folders for Layouts, Workspaces, Data and Logs are now placed in the customer's User data folder within Windows.

Bug Fixed: Help > About MBT Desktop… now lists all files.

Balances

Bug Fixed: Account Value was not displayed correctly when Windows was set to a non-English language.

Order Entry

Improvement: Added Pegged order w/ offset feature for Forex.

  • Offset default value is now zero
  • Changed wording from "Trailing Offset" to "Offset"

Improvement: Plus TTO orders now have option to add Trailing Offset.

Bug Fixed: When placing a StopLimit+TTO or a Stop+TTO the order no longer gets the error message "Failed to submit order: Invalid trailing offset price".

Bug Fixed: Change order now returns Order details in confirmation window as shown in the following screen shot.

Orderbook

Improvement: Added the following new columns:

  • Commission
  • Net P&L
  • Pct Net P&L
  • Pct Pip P&L
  • Pip P&L
  • Today Close P&L
  • Open/Close

Open Orders

Bug Fixed: Price column now shows blank for Pegged orders.

Positions Window

Improvement: Added "Cancel and Close All Positions" option under the right click menu.

Bug Fixed: "Cancel and Close All Positions" now closes all positions regardless of whether or not it had an open order attached to it. It also cancels all orders regardless of whether or not there was a position for that symbol.

Bug Fixed: Weekly and Quarterly options are now displaying the correct value in the "Days Left" column.

Bug Fixed: Mkt. Value column no longer cuts off values with more than 8 characters.

Watchlist

Bug Fixed: Weekly and Quarterly options are now displaying the correct value in the "Days Left" column.

FX Board

Improvement: Added PIP spread value to the FX Board PIP Spread indicator along with preferences to control the display.

You can change the color, font and size of the Spread Bar Text by right clicking and selecting Preferences.

You can also change the color and value settings for the Spread Meter.

Option Chain

Improvement: Added Weekly and Quarterly Options indicators to the chain Strike column.

Bug Fixed: Weekly options are now visible on their expiration day (Friday).

Option Strategist

Improvement: The user is allowed to click away from an imported closing order and when s/he DOES click away. The imported closing order is deleted.

Improvement: Added new columns and the ability to choose which columns to display along with expiration format options.

New Columns:

  • Implied Volatility
  • Bid
  • Ask

Improvement: "Select Account" now available in right click menu of Option Strategist.

Improvement: Option Strategist now has all available expiries including Weekly and Quarterly options.

Improvement: Option Strategist now has the AutoComplete feature in the underlier field.

Bug Fixed: When start up of Option Strategist, the Expiry and Ratio columns are now wide enough to display all of the info in the columns.

Bug Fixed: Expiration date format in Option Strategist now matches the format in the Option Chain with the exception that the Option Strategist shows the day of the month.

Bug Fixed: Option Strategist no longer freezes when selecting "Load closing order in Option Strategist".

Bug Fixed: Expiry dropdown menu now stays open so you can select the desired expiry.

Charts

Improvement: Added the following message when selecting either the Chart (Beta) or the FX Chart to encourage an upgrade to MBT Desktop Pro.

MAT

Bug Fixed: MAT now shows correct value for Today Total P&L

 

What's New In MBT Desktop , Build 11.6.0.2 - August 30, 2010

Status Bar

  • Improvement: Added the percent change since previous close values to the status bar as shown in the following screen shot.

 

Symbol Info Window (New Feature)

  • Improvement: The Symbol Info window was added as a new feature. The Symbol Info Window provides the following info:
    1. A real-time snapshot of data for the symbol
    2. Any available news for that symbol
    3. A small pressure chart graphic for the symbol
    4. Analyst and Financial Highlights for that symbol
  • Access to the symbol information window is through the right click context menu entry “Symbol Info” in the context of any window that displays a symbol including the Watchlist, Market Depth, FX Board, Positions, etc. An example of the Symbol Info page is shown in the following screen shot.

 

Order Entry Window

  • Improvement: Reviewed and revised all order templates to ensure consistency and readability.
  • Improvement: Added a back button to the Order Entry window so that when switching to a new order template it will remember the previous order template you were on and allow you to return to that previous order template. The following screen shot highlights the new template back button.

 

  • Bug fixed: Fixed an issue in the Order Entry window in the Basic Template where if you cycle through the Order Type button it would crash on selecting the TTO order type.
  • Bug fixed: Fixed an issue in the Order Entry window where cycling through the Advanced Order Types it was missing the Stop Market + Limit order type.
  • Bug fixed: Fixed an issue in the Order Entry window where some Plus order types were missing from the Plus Order Template. It was missing the following order types: Market+Stop Market, Stop Market +Limit, Stop + Trailing Stop, Limit +Stop Market.
  • Bug fixed: Fixed an issue in the Order Entry window preferences on the Order entry tab, if you set the default lots for less than 1 (i.e. 0,5) it worked for the current session, but after closing and reopening Desktop it is again set to 1 lot. This happened in the Lots preference, and in the spin increments.

Options Chain Window

  • Improvement: Add the Greek values to the Options Chain window as shown in the following screen shot. These columns must be selected through the right click context menu entry “Add/Remove Columns”.

 

The Greeks values include Delta, Gamma, Theta, Vega and Rho and are defined as follows:

  • The Greeks determine the rate of change in the option price by the change in the underlying stock price movement.
  • Delta is the change in the option price for every $1.00 dollar move higher or lower of the stock price. Example: If the option is at $2.00 and has a Delta of .40 and the stock price moves from $20 to $21 then the option value will rise to $2.40.
  • Gamma is the change in the Delta's price for every $1.00 dollar move higher or lower of the stock price. Example: If the option Delta is .40 and the Gamma is .03 and the stock price moves from $20 to $21 then the option Gamma will move up .03 to a Delta of .43
  • Theta is the change in the options value of time decay (Time decay is the loss of premium or value on a daily basis). Example: Let’s say that the Theta is at .02 . If the stock price does not move that day you will lose $0.02 worth of option value.
  • Vega is the change in the options value based on the change of the stocks volatility.
  • Rho is the change in the options value based on the movements of interest rates.
  • Bug fixed: Fixed an issue in the Option Chain window column sizing right click context menu entry where the column sizing would be overly wide when switching between Auto Column Width and Reset Column width.

Options Strategist Window

  • Improvement: Add the Greek values to the Options Strategist when a strategy is selected as shown in the following screen shot.

 

  • Bug fixed: Fixed an issue in the Option Strategist window where selecting a Short Call Butterfly Spread produced an error: Not a valid options strategy or not permed.
  • Bug fixed: Fixed an issue in the Option Strategist window where selecting the up arrow for the Qty field in the order entry at the bottom of the window does not correctly increment the contract quantity for a Long Call Butterfly strategy.
  • Bug fixed: Fixed an issue in the Option Strategist window where if you selected a strategy and highlight the number in the Qty field in the order entry at the bottom of the window and then delete with the keyboard delete key and a pop up message appeared : type mismatch in update price. At that point you could not continue and you had to restart Pro to recover.
  • Bug fixed: Fixed an issue in the Option Strategist window where if you change the strike to the very top or bottom value, change the expiry to "Near term 2", and try changing the strike again it caused a “Run-time error 0 or Run-time error 380: Invalid property value in IDE.”
  • Bug fixed: Fixed an issue in the Option Strategist window where if the Last was 0.0 the Submit button would be greyed out it is now active even if the Last is 0.0.
  • Bug fixed: Fixed an issue in the Option Strategist window where if you executed a Long Call Butterfly and then closed the strategy by covering the shorts and selling the longs and then clicked on the Submit button it caused a “Run Time Error : 0 and the Option Strategist would freeze.
  • Bug fixed: Fixed an issue in the Option Strategist window where if you opened any strategy and attempted to adjust the price at the order entry space at the bottom of the window, then after clicking (up/down arrow) the price almost immediately adjusts to the original value. This prevented the price from being changed.
  • Bug fixed: Fixed an issue in the Option Strategist window where the conditional order price field was not automatically populated when you enter a symbol.
  • Bug fixed: Fixed an issue in the Option Strategist window where the Up/Down arrows did not work in the order entry section, conditional order price field. Once the field was auto populated (after entering a symbol) one could delete the value and type a new value in the field, but clicking up/down arrows for that field would not change the value.
  • Bug fixed: Fixed an issue in the Option Strategist window Order Entry section where it shows a strategy as a Credit but once you submit the order it shows up in the Orderbook listed as a Debit.
  • Bug fixed: Fixed an issue in the Option Strategist window Order Entry section where setup price now defaults to the Bid/Ask instead of the Last price and the all Expiry defaults to the front month.
  • Bug fixed: Fixed an issue in the Option Strategist window where data for the symbol SPY does not display. When looking at SPY it would show data from the previously entered symbol such as DIA.

FX Board Window

  • Improvement:
    Enhanced the PIP Spread Bar indicator on the FX Board to be more flexible and clearer with the following changes:
    • The PIP Spread Bar indicator is now three times taller to be more visible
    • The PIP Spread Bar indicator has been split into two end sections that work as previous and a new middle section that contains the actual PIP spread value.
    • The color of the Spread Bar indicator middle section is the same as the color of the major text value of the Bid/Ask values
    • The color of the text value in the Spread Bar indicator middle section is controlled in the FX Board Preferences by selecting the right click context menu, then in the first drop down in the Display Options by selecting the “Spread Bar Text” entry and changing the associated color bar.

The following screen shot shows the results of these changes:

 

  • Improvement: Added an FX Board user preference to turn off the Position field if there is no position active for a symbol. The user preference can be changed by accessing the FX Board user preferences using the right click context menu and changing the user preference called “Position Off if None” as highlighted in the following screen shot.

 

  • Bug fixed: Fixed an issue in the FX Board Order Entry section window where when the TTO template is selected, the upper and lower trigger values do not change when clicking from symbol to symbol in the FX Board.

Market Depth Window

  • Improvement: Added the PIP value to the Level I section of the Market Depth Window for Forex symbols as shown in the following screen shot.

 

Watch List Window

  • Bug Fixed: Fixed an issue where the Watchlist Preferences could not be accessed through the right click context menu Preferences entry.
  • Bug Fixed: Fixed an issue in the Watchlist window when viewing stocks the Volume column would show "N/A".
  • Bug Fixed: Fixed an issue in the Watchlist window in the Order Entry section where the Plus Order Template does not display the order entry screen properly for some order types such as Limit+Stop, Stop+Limit, Stop+Trail (and some others).
  • Bug Fixed: Fixed an issue in the Watchlist window where the CAD/JPY PIP value calculation was not consistent with all the other XXX/JPY pairs.

Managed Account Trading (MAT) Window

  • Bug Fixed: Fixed an issue where the MAT Window Preferences could not be accessed through the right click context menu Preferences entry.
  • Bug Fixed: Fixed an issue in the MAT Window when clicking from symbol to symbol in the Watchlist, the MAT window Order Entry would display the Limit Price from the previous symbol.

Baskets Window

  • Bug Fixed: Fixed an issue in the Baskets Window when adding symbols and the window size limit is reached, a scrollbar would appear, but it did not keep focus on the last row entered, but focused on the top row, making it difficult to quickly enter symbols.

Account Balances Window

  • Bug fixed: Fixed an issue in the Account Balances Window where switching between certain accounts the buying power value was being displayed incorrectly.

Positions Window

  • Improvement: Added a new column "S/M" to the Positions Window, which stands for short and marginable (SM). This is the same as is in the Watchlist window.
  • Bug fixed: Fixed an issue in the Positions Window where number of contracts did not update when clicking on a position if there is only one position in the list.
  • Bug fixed: Fixed an issue in the Positions Window where sum of the Market Value column did not always display the sum of the positions for an account.
  • Bug fixed: Fixed an issue in the Positions Window where for Futures positions, Example: 5yr U.S. Treasury Note /ZFU0, was not calculating the P&L (Closed) correctly.

Order book Window

  • Bug fixed: Fixed an issue where the "Cancel and Close Positions" erroneously appears in the Order book window.

 

11.6.0.0 Release Notes - 6/10/10

Order Entry Window

  • Improvement: Added the ability to set Conditional Orders to all order types for any asset type in the Oder Entry Window and the Options Strategist window. The order will not be submitted until the price of the conditional asset is hit.

  • Improvement: Update TTO pre-fill offset when opening a new window.
  • Improvement: Added sub-pip underlining to the Order Entry, MarketDepth, Watch list, and Position windows.
  • Bug fixed: Confirmation box for Stop+Limit and Market+Stop plus orders do not mention the Auto-closing portion of the trade like other plus orders do.
  • Bug fixed: Fixed issue when entering a Market+TTO or Short Market+TTO order where the lower and upper triggers did not dynamically adjust reflecting changes in the Bid or Ask. Also: The Bid or the Ask was not listed in the MAT closing trigger section, as it is in the FX Board.
  • Bug fixed: Fixed issue where the confirmation box for Stop+Limit and Market+Stop plus orders did not mention the Auto-closing portion of the trade like other plus orders do.
  • Bug fixed: Changed all the available Position + Orders Time in Force to be placed as GTC orders.
  • Bug fixed: Fixed an issue in the Order Entry where Covered Calls were being rejected and Sell to Open Calls were being rejected.
  • Bug fixed: Fixed an issue in the Order Entry screen where the "Price vs. Speed" and "Plus" Templates did not reflect the proper preference settings.
  • Bug fixed: Fixed an issue in the Order Entry screen where upon executing a Stop Limit + TTO order and changing the TTO values in the initial enter auto closing parameters pop up window caused the application to crash.

Options Strategist Window

  • Improvement: Added the ability to set Conditional Orders to all order types for any asset type in the Oder Entry Window and the Options Strategist window. The order will not be submitted until the price of the conditional asset is hit.
  • Improvement: Changing Symbol in the Level 2/Market Depth window changes the grouped symbol in the Options Strategist and other grouped windows. Changing the Symbol in the Options Strategist window changes the symbol in the L2 and other grouped windows.
  • Improvement: Added Basis price to option orders.
  • Improvement: Updated price calculation on Butterfly Strategies.
  • Improvement: Added Trailing Stop and TTO %ATR offset pre-fill options in Order Entry preferences.

  • Bug Fixed: Updated Bear Call/Put Spreads to display proper description in the Positions window.
  • Bug Fixed: Remove flashing when trying to edit Strike, Expiry or Ratio for stocks.
  • Bug fixed: Changing strike in Selected Items doesn't stick, and pollutes Strike in Strategy grid.
  • Bug fixed: Added strategy leg using Add+ option. It is ignored when trying to execute option strategy trade.
  • Bug fixed: Disallow fractional ratios when submitting a Market order in the Option Strategist.
  • Bug fixed: Fixed issue in the Options Strategist where if you selected a Short Iron Butterfly Spread and in the selected items right click and add a strategy leg, the Bid/Ask and Last columns were empty for this symbol. Then click submit to execute the trade and it successfully completed the trade but it did not include the added strategy leg. Also, was not able to change any values in this added fifth leg, i.e., change the Strike, Expiry etc. (as is possible for the other legs within the Short Iron Butterfly Spread).
  • Bug fixed: Fixed issue where clicking in the Option Strategist's Level I display area highlights only the first nine characters which means it cannot highlight the entire new option symbol.
  • Bug fixed: Fixed an issue in the Option Strategist where the Short Straddle shows the diagram for the Short Strangle.

MAT Window

  • Improvement: Simplified MAT window close all positions confirmation .
  • Improvement: Added the ability to link the MAT symbols to linked windows.
  • Improvement: Edit cell background color and text.
  • Improvement: Added new order login for Cancel & close feature to the MAT window.
  • Bug fixed: Fixed an issue in the MAT Order Entry tab where clicking on the Cancel button would cancel all orders for the entered Symbol, regardless if the account is marked as Active or not.

Watch List Window

  • Bug Fixed: Watch list and basket edit controls disappear when spin button clicked.
  • Bug Fixed: Corrected ask/bid/last to have all unique values in the Watch List.
  • Bug fixed: MAT Fixed amount offset in Preferences for TTO orders.
  • Bug fixed: Fixed an issue in the Watch list where after several hours of use the Watch list would go visibly blank but the data was still there.
  • Bug fixed: Fixed an issue in the Watch list where the quotes for symbols do not appear immediately after populating the symbol field. You had to click away with a mouse for them to appear.
  • Bug fixed: Fixed an issue in the Watch list where you click on a symbol and then click on the bottom edge of the Watchlist window and the window resizes just to the title bar. Similar issue if one clicks on the side edge, the window gets distorted.
  • Bug fixed: Fixed an issue in the Watch List where it did not always display new real-time quotes.
  • Bug fixed: Fixed an issue in the Watch list where the underlined sub-pip does not display after adding a Forex symbol.
  • Bug fixed: Fixed an issue in the Watch list where you were unable to enter in a negative quantity (short position) inside the Quantity column. It would only allow a positive number like "100" and will not accept a value such as "-100".

Positions Window

  • Bug fixed: Fixed positions window to correctly display quantity rather than volume.
  • Bug fixed: Fixed an issue in the Positions window rollover premium where the premium should only be calculated for the Forex symbols.
  • Bug fixed: Fixed an issue in the Positions window where the Basis AvgPrice is incorrect if multiple trades the previous day have been made.

Order book Window

  • Bug fixed: Fixed an issue where the "Cancel and Close Positions" erroneously appears in the Order book window.

Hot Keys

  • Improvement: Added Hotkey option for Trailing Stop order type in the Hotkey Preferences

 

11.5.0.7 Release Notes - 3/30/10

General

  • Renamed web links: Community = MBT World, Top Gainers/Loser = Most Actives, TV Player = MBT Vision. Removed Market Alerts.
  • Positions, Watchlist, and Order Book: added subpip underlining.

Option Strategist

  • Updated to disallow two or more legs from having the same type, strike and expiry. This holds true for the right-click context menu "Shift all Up / Down" as well as the double-click manual changing any of these.

Alerts

  • Displays critical alerts when tradeserver connection is unavailable upon initial login.

Order Entry

  • Time triggered orders for Options.
  • Plus template - Fixed bug in which 'Auto offset" checkbox overlapped trailing offset price/labels when +Trail ordertype.

Position window

  • Right click plus closing order feature - set all TIF to GTC.
  • Fixed bug where footers do not display when switching from Forex to Equity acct.
  • Fixed inconsistent filtering of empty positions between 'Open & closed' vs 'Open only' mode.
  • Added 'Display empty position when open orders' preference which controls the display of 0 sized positions when there are open orders against such positions. This preference applies to both 'Open only' and 'Open & closed' view mode. When unset, zero-sized positions will be filtered unless stemming from actual closed positions.
  • Fixed crash after clicking Option Strategy disabled menu item.
  • +Plus Order can now trade options symbol > 8 chars.
  • Fixed bug where Mkt Value total did not clear after changing accounts.

MAT

  • Fixed crash when left clicking empty area of MAT open orders grid.

 

11.5.0.6 Release Notes - 3/5/10

  • Addition of time trigger functionality for options
    • New Position columns: P&L per (Basis Open), P&L% (Basis Open), PIP Spread, Underlier Price (Undrl Price), Total Net P&L, Premium calculation
    • Always displaying subPips in market depth
    • Updated help URL
    • MAT updated so cancel applies only to checked/active accounts.

 

11.5.0.5 Release Candidate Notes - 2/17/10

  • Addition of new features – all accessible under tools
    • News
    • Top Gainers/losers
    • TV
    • Community
  • Positions window – new close option - Order Cancel and Close

11.5.0.4 Release Candidate Notes - 2/9/10

  • Added general OSI option symbology support
  • Option chains
    • Added OSI symbology support.
    • Added drag/drop ability from any column (other than strike) so that Symbol column may optionally be hidden and still allow drag/drop.
  • OE:
    • Removed symbol from Buy / Sell / Cancel action buttons
    • Added small gradient bar with loaded symbol / description.
  • eSignal: Added preliminary mapping to/from new eSignal options symbology AFTER OSI full conversion. For now mapping is completely turned off and so eSignal symbols resolve to blank so as to avoid bad symbols. To allow options orders in the interim, the Nav Options Chain is now available from within eSignal.
  • Add advanced closing order types to Positions View
  • Trailing stop hotkey correctly resolves to pips for FX and decimal for others
  • Missing Mkt value column added
  • Cancel and Close bug from positions window resolved
  • Fixed painting of OE border
  • Vista confirmation border / admin & "do not show again" checkbox background painting resolved

 

 

Version 11.5.0.3 Release Candidate Notes

New Features

  • Enable visual styles (themes) for Windows 7 x64.

Positions

  • Add new columns:
    Premium Calc. ( for FX premiums)
    Commission (for equity option futures commissions)
    Basis P&L columns ( for equity options futures)
  • Renamed Basis cols and added Basis Open P&L.
  • Positions view column name changes:
    Security
    Equity
    Forex
    Equity
    Forex
    Equity
    Forex
    Equity
    Forex
    Equity/Forex
    From
    MTM Basis
    Cost Basis
    Open P&L MTM
    Open P&L
    Closed P&L MTM
    Closed P&L
    Total P&L MTM
    Total P&L
    Add'l Basis
    To
    Today AvgPrice
    Today Cost Basis
    Today Open P&L
    Open P&L
    Today Close P&L
    Today Close P&L
    Today Total P&L
    Today Total P&L
    Basis AvgPrice

Order entry

  • Added Basic OE template with ability to hide/unhide complex ordertypes
  • Added user-preferenced buy-sell-short color coding of background of order confirms
  • Added code to color Basket & MAT OE pane border.
  • Change color of OE popups to orange for demo account.
  • Implement Account Alias in preferences, OE border, titlebar captions.
  • Replaced toggle buttons' caption underline with split buttons. In addition to right click context menu access of such buttons, user may now display context by clicking arrow button.
  • Enable GTC for pink sheets (market=OTC)
  • Include Acct Alias in captions and confirm boxes
  • Add hot key for Trailing Stop order.

SDK

  • MbtAccount: added AliasName and AliasColor properties.
  • MbtPositionsCtrl, MbtOrderBook, MbtOpenOrdersCtrl:
    Added OnInitMenu, OnMenuCommand events to allow container to add and receive click notifications of its own context menu items. Depending on control, the relevant selected symbol, position, open order, etc is passed, along with a BSTR*, which container, if interested in adding items, can pass back a pipe-delimited string. On selection, OnMenuCommand event will pass the same info along with the captionof the menu item selected.
  • MbtBasket, MbtPositionsCtrl, MbtOrderBook, MbtOpenOrdersCtrl, MbtWatch:
    Added OnSymbolItemChanged event which is similar to OnManualSymbolFocus change, but will fire for every change of row focus, not just when symbol is changed. The second parameter indicates whether the change occurred as a result of a mouse click.

Other Updates

  • Group all default Nav layouts by account, by default.
  • Fixed Nav crash (in Vista) when clicking on empty space at right of Positions grid.
  • Fixed Nav crash (in Vista) when clicking on Basket grid.

MAT

  • Fixed - Mat Submit button sometimes does not place the order.
  • Fixed - Mat footer cell text appears under Basis col in Close mode.
  • Fixed MAT should cancel orders of active accounts only.
  • Fixed Double clicking on a position in the MAT "Positions by Symbol" tab brings up an empty warning window.
  • Fixed MAT Buy Market+TTO : Lower and upper triggers calculation based from the Ask, not the Bid.
  • Fixed MAT bug dlg box warning limt value > 20 % showing twice.

Basket

  • Fixed Basket balloon msg position when grid is scrolled.
  • Fixed Basket edit box does not dissappear when grid is scrolled.
  • Fixed Basket balloon msg location bugs.

Position

  • Fixed Positions window MouseWheel scroll bug - footer scrolls together with the g

 

Version 11.4.0.2 Release Notes

General

  • Added display of "MBT Desktop shutting down..." status dialog.
  • Added "Clear Cache" checkbox to login dialog to delete any locally cached account data (for use as suggested by tech support).
  • Added version number to splash screen.
  • Fixed potential deadlock which might cause application to hang in task manager indefinitely during shutdown.

Order Entry

  • Disabled default windows behavior of space bar causing a click on the following action (not toggle) buttons: Buy(Cover), Sell(Short), Cancel, Submit.
  • Replaces: fixed bug where apostrophe-format fractional bonds and metals were incorrectly formatted as decimal during a Replace operation.
  • Changed pinned/unpinned tool button shortcut captions to better describe its current state.

Options Strategist

  • Change "Short to Open" to "Sell to Open"
  • Eliminated flashing of both grids during resize.
  • Disable Submit button until all legs have a substantially valid quote (expiration/pricing).
  • Remove Bid/Ask vs. Last radio buttons. Initial price calculation is now always based upon Bid/Ask.
  • Added error checking to Route, Type and TIF in addition to Price and Quantity to ensure only items from their lists can be selected.
  • Fixed bug in which a strategy description remained even after strategy had been deleted. - No longer limits strategies loaded to only seven Expiries.
  • Switching from Limit to Market Type in the no longer clears all items.
  • Improved searching and loading of “default.stg” strategy definition file, particularly after reinstalls to different locations.
  • Added the following two items to the right-click context menu to facilitate shifting all expiries up/down (we already have shifting for Strikes):
    • "Shift all expiries 1 step up"
    • "Shift all expiries 1 step down"
  • Change the determination of LEAPS (months out).
  • Additional: Long term 4 and LEAPS 3y.
  • Fixed bug where Shift strikes up / down would shift past limits.
  • Fixed various miscellaneous bugs, improving stability and improving operability.
  • Removed "Beta" caption from menus / titlebars referencing this window.

Open Orders

  • Fix a post-rollover issue in which a previous session’s orders would fail to clear.

Managed Account Trading

  • Respect preferences for default ordertype.
  • Disabled default windows behavior of space bar causing a click on Submit/Cancel buttons.
  • Added ability to replace an entire group of MAT orders.
  • Implement apostrophe-format fractional pricing for bonds and metals.
  • Use quote bid/ask for default initial order price.

Basket

  • Fix missing quantity when Sell.
  • Disabled default windows behavior of space bar causing a click on Submit/Cancel buttons.

Chart

  • Reflect color preference changes for candlesticks (were remaining the same).

Positions

  • Add optional grouping mode for option strategies.

Watchlist

  • Implement apostrophe-format fractional pricing for bonds and metals. 

 

 

Version 11.3.0.4 Release Notes

Options Strategist

  • New order entry window allowing the use of advanced options strategies.
  • Simple and intuitive interface suitable for varying experience levels.
  • Allows users to easily customize any of our 32 multileg options orders.
  • See online manual for additional features

General

  • Remember most recently used account list between sessions.
  • Change "Sell Short" in most captions app-wide to "Sell-Write" when an option symbol (and a short).
  • Support for 5PM ET maintenance for FOREX.

Order Entry

  • Prevent order placed sound when an order is replaced.
  • Fix bug when changing from TTO to standard templates where FX TIF changes to Day+Limit.
  • Remove Options Plus OE template -- straddles are now entered using Options Strategist.
  • Fix bug where default Order Entry template for options was TTO template instead of standard.

Orderbook:

  • Show business reject reason, ie "Unable to process last request: Trader permissioned View Only".

Preferences

  • FX lot selector now a combo box restricting size to 1000/10000/100000.

MAT

  • For non-FX, add "Dist @ %" column.
  • Added trailing stop ordertype.

Basket

  • Allow closing orders.

Positions

  • Added “Mgn. Req.” column to display margin requirements for each open position.
  • Alloc dialog: added sorting of account list by acct#.

Chart

  • Improved performance: marked decrease in memory use, cleaned up various leaks, optimized most indicators' processing.
  • Trend lines no longer jump up/down in autoscale mode with indicators present and chart is scrolled away from its home position.
  • Users can now move line past top of chart window.
  • No longer crashes at Nav exit if there are two charts with second chart brought up from Nav Bar.
  • Non candle stick style charts will now respond to drag scrolling.
  • For one minute interval, non candle stick style charts no longer revert to candle sticks when previous data fetched.
  • Trendlines: removed carry over of trendline from symbol to symbol in Chart, fixed change in slope when dragged to right edge, autoscale jumping.
  • Account number now saved with layout.
  • Company name added to titlebar.
  • Added current bar updates to weekly/monthly interval.
  • Request more bars on initial load.
  • System will now retry data request when the first data request results in less records than requested
  • Sync up properties dialog and chart trendline color.
  • Indicator dialog: Warning displayed when indicator color matches background color; display current series color and accept changes; no longer lingers at times.
  • Volume will now be passed to indicators that require it.
  • Server name will now be displayed when x scale is in record num mode.
  • Secondary line color now uses chart's line color
  • Indicator will no longer shift during a title update.
  • Dragging an indicator to the main panel no longer removes properties from preferences.
  • Newly added indicators are now shown immediately, rather than waiting for a new tick
  • Fixed: bug where account, if changed from chart (and not OE) context menu, didn't actually change the OE's acct#

 

 

Version 11.2.0.2 Release Notes

General

  • Added price display and input for CBOT bonds (ie 123'125).
  • Added MBT Research to Tools (web) menu. See also Watchlist.
  • Combined Date/Time columns into single Time column in most grids

Balances

  • Added new overnight futures requirements fields
  • Fixed bug which incorrectly formatted 'Lots Today' as full qty.
  • Fixed bug in which overnight excess was not being shown in the absence of positions or current day account activity.
  • Use futures overnight margin instead of intraday when valuing futures positions.
  • "Percent Equity" displayed in downtick color (usually red) when < 20% (non-FX accts only.)
  • Renamed "Fut. Overnight Req." to "Overnight Req.", calculated as overnight excess+unrealized PnL.

Positions/Watchlist

  • Added Mkt. Value column.
  • Added symbol-specific MBT Research report to context menu.
  • Fixed incorrect Description for non-USD pairs.
  • Fixed failure to allocate due to bad BP. BP columns replaced with EE.
  • Fixed bug in allocator causing zero BP & added EE columns.

Prefs

  • Enabled choice of stop method for Options orders [(default)first touch vs trade through].
  • Save 'Warn if price [100%] away' setting.
  • Fixed inability to save spread meter parameters.

Chart

  • Due to popular demand, we are now including the Beta version of our MBT Desktop charting package.
  • Real-time charts in multiple timeframes in all asset classes (stocks, futures, forex, options).
  • 25 built-in indicators available.
  • Chart types include: Bar, Candlestick, Point and Figure, Renko, Kagi, Three Line Break, and Equivolume.
  • 62 Standard Indicators to choose from.

Basket

  • Added drag and drop of Symbol into basket.

Market Depth

  • Fixed bug with 'closed' MPID's causing all open order prices in between the open and closed MPID's to be highlighted when dragging (painting issue only; did not affect the actual operation).
  • High/Low/Last labels renamed to BidHi/BidLo/BidLast for FX clarity.
  • Improved ticker scrolling/painting performance.

MAT

  • Fix zero EE display when no positions.
  • Fixed descending time sorting bug within Open Orders view.

 

 

Version 11.1.0.2 Release Notes

OE

  • Change tooltip for "Intraday shortable" to "Intraday Shortable-Fee may apply"
  • Validate ordertype when changing routes.
  • Added TTO template for options symbols.
  • Widened order details area on TTO template to properly show details for TTO trailing stop orders.
  • Make TTO a quasi-ordertype on standard template context menus/combo boxes. Selecting TTO will then change the template.

General

  • Fix crash when closing Layout Manager.
  • More support for eSignal's latest v10.x client.
  • Removed all references to DayNB TIF.

Balances

  • Fix bug where FX "Shares Today" was formatted in scientific notation.
  • Fix bug where some non-USD pairs (ie CHF/JPY) were incorrectly valued as 0.00 market price.
  • Add Fut. OniteReq. and Avg. Price2 (for equities original basis) fields.

Orderbook and other grids

  • Fix crash after closing file dialog within Export to CSV context menu command.

Orderbook/Open Orders

  • Immediately update mainline with new order details during a replace of a suspended order.
  • Fix bug where partially executed but dead orders were not listed with Live & Executed filter applied.
  • Fix bug where suspended but most recently replaced orders were not listed with Summary->Live/Entered filter applied.

MAT

  • Added plus ordertypes.
  • Fixed dropping of items in Open Orders grid.
  • Fixed doubling of Position Values when Groups are changed.
  • Fixed dropping of second decimal position of account's %MOD when saving to and from prefs.
  • Added cols Order Type, Price, Stop Price to Open Orders tab in MAT.

Orders

  • Added COMEX and EUREX prefs.

Market Depth

  • Added bid/ask/trade filtering to ticker.

FX Board

  • Position" font now works (instead of setting Positions grid font!)
  • Fix crash when entering symbols and window is not large enough for the new symbol.
  • Enable mousewheel scrolling.
  • Allow multiple instances of window.
  • Added an extra level of granularity to spread meter, giving us narrow, medium, wide, other. # Pip value granularity for meter settings changed from even pips to 1/10th pip.

Messages

  • Added user 'logged in elsewhere' to Messages view to better support 3rd party applications
  • Fixed bug where message duplicated when window first opened.
  • Widened "Show Messages" radio button to fit entire caption.

Watchlist

  • Fixed bug where Pip Value/Lot would be blank after first entering symbol.

Hotkeys

  • Fix bug which often showed Day as only TIF for newly added hotkeys (until route reset). Also added popup warning that Day TIF hotkeys will be autoconverted to GTC when placing an FX order with that hotkey.

 

 

Version 11.0.0.1 Release Notes

Managed Account Trading (MAT)

  • Added MAT (Managed Account Trading) window.

FX Board

  • FX Board now shows red bar when bid/ask unavailable.
  • Added scrollbars on larger views.

Alerts Window

  • Alerts window is renamed to Messages.
  • Added server name to quote connect/disconnect messages in alerts view.

Order Preferences and Entry

  • Added TIF selector to TTO, Options and Plus templates.
  • Added new combination orders.
  • Added optional trailing stop trigger to TTO template.
  • Added Reserve, Discretionary, Pegged ordertypes for FX.
  • Added IOC support for FX.
  • Intraday shorts now show "dashed" box in short/margin control. Tooltip shows negative borrow rate.
  • "Reason" added to cancel messages.
  • Added MOC/LOC/Reserve for Canadian.
  • Open Orders: Shift and Ctrl click can now be used to select multiple open orders, enabling new "Cancel > Cxl all selected" menu item.
  • Open Order - Order routing defaults: "Nasdaq Nat'l Market" and "Nasdaq Small Cap" combined into a single "Nasdaq" entry to encompass all 3 new Nasdaq market tiers.
  • Cxl Replace dialog now shows most current order details.
  • Optimized accounting, position and order message code for faster execution.
  • Added ability to set forex lot size (1000-10000 in even 1000's).

Basket

  • Alloc amount now uses EE instead of current BP on saved basket read.
  • Fix account showing BP instead of EE.
  • Fix bug where current EE box hidden on startup.
  • In weight mode, spinner now responds to mouse wheel.
  • Add basic scriptable automation interface supporting basket creation.

Orderbook

  • Replaces of Suspended GTC orders.

Positions/Watchlist

  • Watchlist/Positions: Added "Yahoo Finance Snapshot" (equities only).
  • Watchlist/Positions: Pip value/lot column now calculated using bid only.
  • Watchlist/Positions: Added Spread column.
  • Watchlist: S/M column now shows "I" for intraday short, "$" for negative borrow.
  • Positions: Default column ordering changed to: Symbol, Long, Short, Total Pos, Open Pnl, Closed Pnl, Total Pnl.
  • Positions: Total Position is renamed to Net Position.
  • Positions: CloseAll is no longer ignored when net position of all symbols is zero.
  • Positions: Column totals added to all Pnl columns.
  • Import of symbols into watchlist now supports multiple formats.

Options

  • Option chain - flicker fixed.

Market Depth

  • Columns can be resized and saved with layout.
  • 'Show Market Participant Status' has been removed from Preferences.
  • Max quantity loads when 'BP' is clicked.
  • Quantity loads when 'Pos.' is clicked.

General

  • Added XP theme support.
  • Multiple windows now support both export data to .csv and clipboard.
  • Symbol lookup: Futures contracts now display current and future contracts description.
  • Whammy bar configurable with right click.

3rd Party

  • eSignal integration: Added FX symbology mapping.
  • FX Charts Added.

 

 

Version 10.13.0.10 Release Notes

General

  • Added 'At Your Service' menu items in both standalone and all integrated apps.

DTNiQ

  • Fixed incorrect transparency within toolbar buttons.

MasterTrader

  • Installer packaged with eSignal's brand new 8.0 client.

Forex

  • Fix bug with partial lots truncating (ie. 19k showing as 1.0, not 1.9 lots) in positions and FX Board.

Orderbook & Open Orders

  • Use 'Enter' color for pending events such as cancel place, replace place, order place.

Positions/Watchlist

  • Watchlist and Positions OE symbol changes with active row.
  • Changed 'PnL/per (Pair)' column so that it now shows decimal PnL on the pair regardless of symbol-based. For example, for a long this column now contains basis-bid regardless of symbol and base currency.
  • Added 'PnL/Pips (Open)' column. This is essentially PnL/per (Pair) converted from a decimal value to # of pips.
  • Fixed 'PnL%(Open) for FX (had been displaying zero). PnL% is figured on a cash-on-cash basis for FX positions.

 

 

Version 10.13.0.9 Release Notes

General

  • After losing connection, the Trade Server connection will attempt to reconnect indefinitely (one minute apart after a random delay for first attempt).

Forex

  • No longer rounds lots when displaying position.

Positions/Watchlist

  • Fix bug where "Show Order Entry" menu item selection was ignored.

Preferences

  • Sounds: Replaced "Order Placed" event with separate events for Buy, Sell, and Sell Short
  • Order Entry: Added "Stop Method" radio selector on FX tab. Default is "First Touch", which is the existing setting. Bid triggering for Sell stops, Offer triggering for Buys. When "Trade Through" has been selected, this behavior is reversed.

 

 

Version 10.13.0.8 Release Notes

General

  • Fix issue where pink sheets (and anything without a current bid/ask) would hang for up to 10 seconds before placing order.
  • During re-install, preserve long filename of install directory.
  • Added new FX and equities/futures Order Entry templates.
  • During initial install (only) prompt user to choose a default starting layout, or none). Layout loaded will be that which is a closest match to user's screen resolution.
  • Display proper icon during Alt+Tab (instead of default "flying windows").
  • Status bar settings dialog no longer opens off screen when MBT Desktop is condensed. ESC on status bar settings dialog no longer causes dialog to go off the screen.

Order Entry

  • Enable Nasdaq LOC (limit on close) / Market on Close (MOC).
  • Fix bad opening order description in Stop+TTO "plus" dialog (was showing current price instead of stop price).
  • Logically re-group order types in context menu/combo boxes (i.e. all plus-types are not grouped together).
  • Preclude GTC as an available TIF for: MOO/MOC/LOO/LOC order types and pink sheets.
  • Fixed bug where Pegged/Pegged Reserve orders incorrectly entered as Trailing Stop and rejected with "No Trail Price specified"
  • Added new order type Stop Limit+Trail.
  • Fixed bug in Preferences window where, when changing default TIF for NYSE to GTC, Day NB disclaimer was displayed.
  • Allow only GTC for FX market in Preferences.
  • Preferences window now opens to Equities tab for non FX customers.
  • Added missing order types to prefs defaults.

Watchlist

  • Add summary footer row.
  • Add Pip Value/Lot column.
  • Calculate Add PnL% for FX.

Quote-Tracker Updates

  • Now recognizes Stop Lmt + TTO.
  • Correctly parses options tags, fixing the placement of options orders.

Forex

  • Spread meter functionality changed in conjunction with new preferences. Spread meter now has only two spread value levels. Colors now named Narrow/Wide/All Other. Changes to values are now actually applied.
  • Double-click now only invokes symbol editor when over symbol area, otherwise loads bid/ask in Order Entry.
  • Widen cell so six-digit quotes (USD/MXN) do not cut off leading integral digit.
  • Fix negated open PnL for open short Forex positions.
  • Fix failure to recalculate trailing offset when changing to new Stop Limit+Trail for a Forex symbol.
  • Trailing offset edit control no longer trims off trailing zeros. It instead zero-fills to the number of pip decimal places.

Balances

  • Fix incorrect short market value sometimes left over after closing a position.

Positions

  • Net 0 position lines no longer show simply because there is an open order for a symbol.
  • Add Pip Value/Lot column.
  • Calculate Add PnL% for FX.

Open Orders

  • After a replace or cancel reject, event column now displays "Replace Rejected" or "Cancel Rejected" instead of remaining stuck at "Replace" or "Cancel", respectively.
  • TTOs now show properly (instead of as Stop Limit).
  • Fixed bug with GTC plus orders showing in open orders as non-plus, and also wrongly allowing cxlreplaces on such orders (which then lost their plus portion).

Orderbook

  • For GTC, "Session Closed" event renamed to "Suspended" and message column displays more useful 'reason' when available.
  • Fix bad description for Stop Lmt + TTO (ended in "on Stop Lmt+TTO" instead of "on MBTX").

Software Download

Click on the download link below and choose "Save this program to disk" from the dialog box that pops up. Select a location on your computer to download the file. Once the download is complete, double-click the file to install the program.

Current Release
Version 12.0.0.48 - 13MB
Updated: 10/18/2013

 

 

Minimum System Requirements:
  • Windows XP, Vista, 7 OS
  • 1GHz Processor or faster
  • 1GB of RAM or more
  • Broadband or faster
  • 50 MB Free Disk Space
  • 128MB Video Card or better
  • Resolution 800 x 600
  • Mozilla Firefox 3.0+ or Microsoft IE 7.0+
Recommended System Requirements:
  • Windows XP, Vista, 7 OS
  • 2GHz Processor or faster
  • 2GB of RAM or more
  • Broadband or faster
  • 50 MB Free Disk Space
  • 512MB Video Card or better
  • Resolution 1024 x 768
  • Mozilla Firefox 3.0+ or Microsoft IE 7.0+