Shard Trader Plus Quick Start Guide

Transcription

1 Shard Trader Plus Quick Start Guide

2 Shard Capital Stockbrokers presents Shard Trader Plus, one of the most intuitive and complete multi-product online trading platforms in the market. These key benefits include a fully personalised trading environment, extensive market analysis, Live news service, excellent liquidity and fast execution with one-click trading. 2 Add Your Preferred Products The most efficient way to add products is via Instrument Explorer. 1. Click Trading on the top menu bar, select Prices and Trade to open the Prices and Trade panel. Featuring a highly secure environment and a massive choice of trading modules. Helping you make successful trading decisions with real-time execution. Follow this simple step-by-step guide and start trading in no time. 2. Click Trading, select Instrument Explorer to search for products. 3. Type full name of the product in the Look for box. 1 Getting Started, Selecting Your Workspace To start, enter your User ID and Password in the log-in screen. 1. Choose Workspace: Click File on the top menu bar, select Workspace, choose Blank Workspace or New to start. 2. New Workspace is a menu of pre-set templates for your selection. 3. Blank Workspace allows you to customise your workspace according to your preference. 4. Click on plus (+) sign to expand the product list. 5. To view prices of a product, drag selected product and drop into the Prices and Trade panel. Click on icon next to Add Instrument to view products in Trade Board view; click icon again to view products as Price List. View instruments as Trade Boards / Price List Trading is disabled by default as a safety feature. 1. To enable it, click on Enable Trading. 2. Disable Trading now appears and this means that Trading has been enabled. To disable trading, click on Disable Trading. Click on this icon to hide the window. Click on Trade Settings to adjust various features including changing between Single-click and 2-click trading which allows you to confirm trades and orders. If 2-click trading is disabled, a single click would be sufficient to make trades and to place orders. Note: To receive live prices on Stocks, CFDs or Futures, please subscribe to live prices for the relevant exchanges by clicking on the Account menu, followed by Manage Subscriptions.

3 3 Customise Your Product Fields 5 Add Charts 1. Right click on the top row (grey colour) of Prices and Trade panel. 1. Click Trading from top menu bar, select Chart. 2. The chart displayed isdefault 2. Select Settings, click Choose Columns and Grouping. 3. Select instrument from Prices and Trade panel (e.g. Apple Inc), drag and drop instrument on to chart space; the price chart for Apple Inc pops up. 4. Re-scale price line: Click on chart line; you can shift the chart line freely. 5. Customise chart scale: Click on either the x-axis or y-axis to drag in/out the chart scale. You can add and delete fields on the Choose Columns and Grouping window to customise the Prices and Trade panel. 4 News And Economic Calendar At A Glance 6 Monitor Trading Conditions To view the economic calendar and news 1. Click News and Research from the top menu bar, select News or Economic Calendar. To view Trading Conditions: 1. Trading Conditions show the costs and trading conditions per asset class. 2. Click Account, select Trading Conditions. 2. Sort News by country or by news providers. 3. Sort Economic Calendar by country, by date and/or by key economic announcements. 3. To view trading conditions, select list type by Product Class: a) for FX, view by Currency pair; b) for Futures, view by Contract; c) for Stocks, view by Stock Exchange.

4 7 Place Your Orders 9 Manage Your Account 1. Click on Trading on the top menu bar, if your platform is in Disable Trading mode, skip to Step 2. Otherwise, click Enable Trading to enable trade. 2. On Prices and Trade panel, right click on chosen product and select Trade Ticket. 3. A Trade Ticket pops up 4. Click on Order 5. Make the necessary changes and confirm them before clicking on Place Order(s). Close Position Place Limit order Place Stop order You can place related orders by checking the Limit and / or Stop boxes. 1. Shard Capital reserves the right to stop out clients positions above Margin Utilisation of 100% and/or when the Account value turns negative. 2. If the Margin Utilisation has reached 150% and / or a margin call has been executed continuously for over 47 hours, a stop out will be triggered immediately. 8 Change And Edit Your Orders 3. If your account value turns negative, Shard Capital may sell all or part of your shares and / or any collateral held in your account in order to cover the deficit. To change and edit your orders 1. Click Trading, select Open Orders. 4. If your margin goes above 90%, a margin call pop-up will be issued on the platform and an notification will be sent to your designated account simultaneously. 5. Opposite positions will be squared off in a First-In-First-Out (FIFO) manner unless a position is closed directly or there is a related open order on an open position. 6. Please note that we are unable to postpone any margin stop-outs and this is non-negotiable. Incoming funds must be received and cleared before they are booked into your account. 2. To change or cancel an order, click on an order followed by Change Order or Cancel Order. Be sure to confirm any changes or cancellations.

5 10 Need Assistance? To access the Help Function: 1. Click Help. 2. Under Help, you can also select Contents or Index. 3. For further help contact a member of the Shard Team on: Take your position. w w w. s h a rdcapita l stockbrokers. com Shard Capital Partners LLP One Tudor Street London EC4Y 0AH United Kingdom Tel: Fax: scsb@shardcapital.com Is your computer and internet connection good enough? System recommendations: CPU: Pentium 4, 2.5 GHz or faster Free hard disk space: 200 MB Modem/Internet connection: 256 kbps or faster Screen resolution: 1280 x 1024, true colour (24 bit) colours RAM: 2 GB (at least 2 GB if you are running Microsoft Windows Vista, as Windows Vista alone needs 1 GB) Shard Capital Partners LLP are authorised and regulated by the Financial Conduct Authority. Our FCA Register number is This can be verified on the FCA s Register at their website or by contacting the FCA on Shard Capital Partners LLP is registered in England & Wales under the Companies House Register OC RISK WARNING The value of Stock investments can go down as well as up and as a consequence investors may not realise the sum originally invested and is not guaranteed at any time. If you are unsure of the suitability of Share dealing specifically for you then you should contact an Independent Financial Adviser, authorised by the Financial Conduct Authority. Past performance is never a reliable indicator to future performance of investments. The geared nature of CFD s means that both profits and losses are magnified. If you do not use stop losses and your position moves against you, you could incur very large losses. In the event of a trade moving against you and reducing your cash balance, you may be subject to a Margin Call. This is to ensure you have sufficient funds in your account for the initial margin requirements to keep your positions open. If you do not have sufficient funds in your account or do not provide sufficient funds within the time required you may be forced to close your position and you will be liable for any deficit. CFDs are more suited to short term investors as opposed to long term investors due to the associated costs. As an investor, you do not have the right to a vote at the AGM or any other meeting. You are liable to pay out the dividend if you hold an equity position when they go ex-dividend. It is important to know you are trading contracts with the CFD provider, not physically trading in the underlying market. This means you don t actually own any assets. It is possible to lose more than your original investment if you do not use guaranteed stop losses and the position you are in is subject to slippage, gapping or a fast market.