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Direct Market Access

Blackwood Pro's Direct Market Access technology allows market participants to electronically route orders objectively and efficiently to all liquidity sources including: ECN'S, Nasdaq Market Makers, NYSE and Regional Exchanges.

 

Trading Platform Feature

Blackwood Pro is a direct market access trading system for active professional and institutional traders who demand fast executions, sophisticated order execution functionality and advanced market analytical tools.

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Market Maker

This window allows users to see all pertinent real time data, and multiple price levels for a specific stock. Trades are placed by using either hot keys or our click entry interface.

1. Level 1 data is fully customizable. Available fields include: last trade price, net change, open price, previous close price, low of day, high of day, volume, current bid/ask, and much more.

2. Bid Column: Displays bids (offers to buy) , the bids source, and size

3. Ask column: Displays asks ( offers to sell) , the ask source, and size

4. Prints column: Displays real time Prints (actual trade executions), price size, and source

5. Prints in green: trade executed at ¡°ask¡± price 6. Prints in black: : trade executed between bid and ask price

7. Prints in red: : trade executed at ¡°bid¡± price

8. Prints highlighted red: trade executed below ¡°bid¡± price

9. Print highlighted green: trade executed above ¡°ask¡± price

10. Point and Click Interface: While Blackwood offers a full array of keyboard controls, traders who prefer using their mouse will love the handy point and click interface, which can be toggled on/off at will.

11. Closes point and click

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Order Entry

A basic point and click window which may be quickly spawned from Market Maker or Personal Stock Sorter windows. Traders may choose from advanced order types (including market, limit, stop, and reserve orders), and route to any available venue.

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Order Entry

A basic point and click window which may be quickly spawned from Market Maker or Personal Stock Sorter windows. Traders may choose from advanced order types (including market, limit, stop, and reserve orders), and route to any available venue.

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Basket Window

Designed to allow a trader to setup order parameters for a list of stocks. Orders can be send one at a time or submit all orders in the entire basket

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Charts

Completely customizable charts offer the ability to choose bar styles, time intervals, and overlay indicators and studies such as; simple, exponential, and weighted moving averages, Relative Strength Indicator (RSI), Stochastics, MACD, McClellan Oscillator, and many more. Advanced line drawing capabilities from simple trend lines to Regression lines and Fibonacci grids. Multiple chart windows may be opened and can be easily linked to Market Makers or other windows.

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Index Bar

Monitor all the market Indices, Futures, and statistics that impact your trading with the Indices Bar. It is customizable, allowing traders to select the data that is displayed, and is also color coded to indicate up/down movement

Ticker

Shows tick by tick movement of current positions with messages that are colored to indicate direction. Also displays order execution/rejection messages.

ECN Window

This window displays the full depth of book (bids/asks) for the electronic exchanges, such as INET, BRUT or ARCA. It is customizable, allowing the trader to select which ECN's are displayed, and will even show prints being executed at the various exchanges! This window may be linked to any or all Market Maker windows

NYSE Openbook

This window provides a real-time view of the New York Stock Exchange's limit-order book for all NYSE-traded securities. NYSE OpenBook™ also displays aggregate limit-order volume at every bid and offer price level. This window may be linked to any or all Market Maker windows

Personal Stock Sorter

This window allows the trader to create their own stock list with fully customizable columns, colors and fonts. Orders for single stocks, or baskets of multiple stocks may also be generated from this window. Turn on real-time sort to follow the market changes based on your criteria.

Trade Viewer Positions

This window affords the trader an overview of all daily activities via a series window “tabs”.

All Tab - This view allows a trader to see each order that is pending, canceled, partially filled or executed in one convenient window.

Cancels Tab - Displays all orders that have been canceled and a summary of each cancel.

Executions Tab - Displays all orders that have been executed and a summary of each execution.

Positions Tab - Displays all open positions and closed positions. Includes open, closed, and total profit/loss for each stock traded

Price Alerts

Never miss an entry point again!! Blackwood Pro's Price Alert will let the trader know when the stocks that they enter in the window have reached the selected price level. You can even attach orders to the alert which will be placed automatically when the trigger price is reached!

Trailing Stops

Blackwood Pro is proud to offer this powerful position management tool that allows the trader to define loss limits, as well as protect profits. This function will follow the price action of the stocks entered, and automatically place customized orders if the price reverses past the pre-set level.

Prints Window

With these compact windows you can watch realtime trade prints of a single stock or indices and track market stats such as TICK and TRIN. Color coding affords immediate recognition of print direction.