SATURN Web SATURN WEB USER GUIDE: Spread Betting Spread Co Ltd, Argyle House, Joel Street, Northwood Hills, London, HA6 1NW, United Kingdom Tel: (44) (0)1923 832 600 Fax: (44) (0)1923 845 308 E-mail: cs@spreadco.com Registered Office Address: Spread Co Limited, 22 Bruton Street, London, W1J 6QE, United Kingdom SPREAD CO Limited. All Rights Reserved Registered in England and Wales. Registered No. 05614477. Authorised and regulated by the Financial Conduct Authority. FCA Register No. 446677
SATURN Mobile Contents 1. Introduction 2. Logging in 3. Client End User Licence Agreement 4. The Trading Platform 5. Market Browser & Watchlist 6. Placing Trades 7. Placing Orders 8. Charts 9. Monitoring Your Account 10. Managing Your Positions 11. Order Management 12. Trade History 13. Transaction History 14. Order History 15. Statement 16. Layout 17. Tools 18. Settings 19. Adding Funds Online 1 1 1 1 2 3 4 6 6 7 8 9 9 9 10 10 10 10 12
1. Introduction Saturn Web is a sophisticated yet easy-to-use trading platform, which provides functions such as order management, position monitoring, news, charting and a real-time account summary. This Quick Start Guide enables you to log in to Saturn Web and to start trading equities, indices, currencies and commodities. If you have any questions or queries regarding the use of Saturn Web, please visit our website or contact our Client Services Team. 2. Logging in 1. Go to our website, where you will find the Live and Demo Login buttons in the top right-hand corner: 2. Click on the relevant account type which will take you to a log-in screen. 3. Enter your Username and Password and then press the Login button. 4. If you enter your Username and Password correctly, Saturn Web will launch. 5. If you enter your Username or Password incorrectly, Saturn Web will not launch and will revert to the login page. Try re-entering your login details and follow step 3 above. 6. Click on Reset Password if you have forgotten your password. A new password will be generated and sent to your registered email. 7. If you have problems launching Saturn Web, please contact our Client Services Team. 3. Client End User Agreement When you log in to Saturn Web for the first time, the Client End User Licence Agreement (EULA) will be displayed. By agreeing to the EULA, you are granted the right to use Saturn Web for personal use on the terms and conditions set out in the EULA. If you wish to accept the EULA, click on ACCEPT. You will then be permitted to access Saturn Web. The EULA displays on your first login only and if accepted, will not be shown on your subsequent logins. 4. The Trading Platform
5. Market Browser & Watchlist 1. Search To search for a specific instrument, select the search option and enter the details of the instrument and click search. You can search via ticker, for example type MSFT and Microsoft will appear. 2. Markets Browser Select All Markets to open the markets tree, and then select the plus option to expand the view; you will see markets grouped by type which then can be expanded further. Select View to open the selected groups into the markets window. By selecting the arrow within the tree, you can browse through all the markets available please let us know if you are unable to find something you want to trade and we will do our best to provide the market. Select a market to bring up specific options for that market, for example, a trade ticket which can be displayed within the platform or as a pop out window. 3. Watchlists Select watchlist from the market browser to open existing watchlists. To create or delete a watchlist, select edit, enter the name of your watchlist then select add to save. You may add markets to your selected watchlist by selecting a market name from the market browser, markets panel, trade, order or trade history panels. 2
6. Placing Trades Open a trade ticket from the market browser by clicking on a market or from the markets panel and select trade. Saturn Web allows you to spread trade on equities, indices, currencies, bullion and commodities. The example below shows you how to place a trade for EURUSD. 1. Open the Market Browser window. 2. Type EURUSD in the Search box and click Search. Left click on EURUSD and click on the Trade button. 3. To stake 1 to buy EURUSD, enter 1 into the Stake box in the Trade ticket and click the Buy button (N.B. this will not place a trade until you click Confirm on the ticket.) 4. If you would like to place a trade in the opposite direction to an existing position in the same market, you can click on Force Position. This means that your positions will not net off against each other. For example if you are long 1 EURUSD and then sell 1 EURUSD, ordinarily these trades would net off against each other to leave no positions; with a forced position trade it means that you will have a 1 long EURUSD and a 1 short EURUSD position. 5. If you would like a stop or a limit attached to your position you can tick the relevant box: 6. If you have selected a stop or limit to be attached to your position you can then choose how many points away from the entry price they will be: 3
6. Placing Trades (continued) You can also choose for your stop order to be guaranteed, meaning it will not be executed at a worse price than you have requested. If you choose to have a guaranteed stop it means your required margin will now tally with the number of points away that your stop is: 7. You can then click Confirm to submit your trade. If it is successfully executed, the Confirm Trade Ticket will display the message Trade Processed as well as the action, price, trade reference number and time of your trade. An e-mail confirmation will also be sent to your registered e-mail address. 7. Placing Orders To place an order for a trade using an Order ticket: Identify the market you wish to trade in the Market Browser window. Left click on the market and select Order option to open an Order ticket. The fields on the Order Ticket are: 1. Market This specifies the full name of the market in which you are placing the order. 2. Current Quote This specifies the real-time Buy/Sell prices in relation to your order. 3. Primary Order: Stake Specify in this field the stake which you wish to place on the relevant order. 4. Primary Order: Action This specifies whether the order you are making is a buy or sell order. 5. Primary Order: Level Specify in this field the price of the primary order for the relevant market in which you wish to place the relevant order. 6. Order Distance This specifies the price range which you may enter for your order. 4
7. Placing Orders (continued) 7. Stop This allows you to place a stop attached to your primary order. This stop will become active once your primary order has been executed and will close the position that the primary order created. In order to create a stop you need to tick the check box, and then enter either the level at which you wish it to be placed or the number of points away from the primary order you wish the stop to be at. (N.B. The price of a Buy stop order must be placed above the primary order. The price of a Sell stop order must be placed below the price of the primary order.) If you wish to add a guaranteed stop you will need to tick the Guar box, and then select where you would like the stop to be. Adding a guaranteed stop will add a GSO (guaranteed stop order) premium. In this example the premium is 2 points, meaning that if your primary order level is reached the order will be executed at a level 2 points higher if you are buying or 2 points lower if you are selling. (N.B. If you have a guaranteed stop you will not be able to cancel it once the primary order has executed unless you close the position with a trade. You can, however, amend it at any time). 8. Limit This allows you to place a limit order attached to your primary order. This will become active once your primary order is executed and will close the position that the primary order created. (N.B. The price of a Buy limit profit order must be placed below the primary order. The price of a Sell limit profit order must be placed above the price of the primary order.) 9. OCO (One Cancels Other) This tab allows you to create an order which will be cancelled (along with any linked orders) if your primary order executes first. Alternatively if the price reaches the OCO order level first then your primary order (and all linked orders) will be cancelled. The process to create an OCO order (and any linked stop or limit) is exactly the same as the process to create a primary order. (N.B. Both the primary order and the OCO have to be in the same direction, i.e. both sells or both buys). 10. Good Until a. Good Until: Cancelled If you want your order(s) to remain active until cancelled, select this option. b. Good Until: End of Day If you want your order(s) to expire at the end of the market s daily trading session, select this option. c. Good Until: Date/Time If you want your order(s) to expire only at a user-defined date and time, click on this option and specify the applicable date and time. 11. Confirm Click on the Confirm button to submit your order. If your order is successfully placed, the Order ticket will display the message Order Successful as well as the reference number of your order. An e-mail confirmation will be sent to the e-mail address which you have registered with us. 12. Close Click on the Close button to close the order ticket. 5
8. Charts To launch the chart for a selected market, you need to: Identify the market on the Market Browser window (or any other window that the market is in). Left click on the market and select the Chart option to open the Chart window. The right hand corner of the chart displays the market s current Bid and Offer quotes. Dates can be found on the charts horizontal axis and prices on the vertical axis. 1. Time Span Setting Click on the plus and minus symbols at the bottom left of the chart, or drag the buttons at the bottom right to modify the time interval of the chart. 2. Frequency Setting Click on Frequency Setting to modify the time interval of the chart. Ranges are between 1 minute and 1 day. 10. Monitoring your account The Account Summary window allows real-time monitoring of your account balance. The fields that comprise the Account Summary window are: 1. Cash This displays the cash balance of your account +/- Closed P&L. 2. Open P&L This is the Marked-to-Market value of the profit/losses on open positions. 3. Equity This is Cash Balance +/- Open P&L. 4. Margin This is the total margin requirement to support your open positions. 5. Resources This shows your funds available for entering into additional positions. The amount is calculated by Equity minus Margin Requirement. 6
10. Managing your positions The Positions window reflects your real-time positions and their marked-to-market value. The fields that comprise the Positions window are: 1. Market The name of the instrument for the relevant trade. 2. Stake The amount staked on the instrument for all your open trades. 3. GSO This tells you whether or not the position has a guaranteed stop attached. 4. Open This is the volume-weighted average of the price at which you accumulated your net position in an instrument. 5. Current The real-time price at which you can close the position. 6. P&L Total The real-time unrealised profit/loss of your open trades based on the average price (the difference between Current Price and Open Price multiplied by Stake). 7. Margin The margin requirement of the position. 8. Close Clicking this enables you to close the selected position. 9. Show all This expands the view and shows you the details of each single position you currently have open. 10. Detail This expands the view on the market you have selected and tells you the details of each single position. 11. Reference This tells you the unique reference ID for each position you have. 12. Stop This tells you the level of any stop order that is attached to the position. 13. Limit This tells you the level of any limit order that is attached to the position. 14. Amend orders You can attach a stop and/or limit order to any single position via this button: 7
11. Order Management Outstanding orders which you have placed, but which have not yet become executed trades, are reflected within the Orders window. The fields that comprise the Working Orders window are: 1. Market The name of the market to which the relevant order relates. 2. Buy/Sell Buy denotes a Buy Order and Sell denotes a Sell Order. 3. Stake The amount staked on the market to which the relevant order relates. 4. Type The type of order is displayed here. Primary denotes that a primary opening order has been placed. OCO denotes an opening one-cancels-other order which is linked to a Primary order. Limit denotes a limit order attached to an open position. Stop denotes that this is a stop order attached to an open position. Stop (G) denotes that this is a guaranteed stop order attached to an open position. 5. Current The market s real-time market price. On a Buy order, it reflects the real-time Buy price and on a Sell order, it reflects the real-time Sell price. 6. Level The price at which your order has been placed. 7. Stop If there are any stop orders attached to your orders their level will be stated here. 8. Limit If there are any limit orders attached to your orders their level will be stated here. 9. Expires The order expiry set for the order (e.g. when cancelled, end of business day, date/time). 10. Opening Orders Only If this is ticked the orders panel will only show orders that will create new positions. If it is unticked it will also show orders which will close current open positions: If the level is shown in bold it means your order has been triggered. If the level has a strikethrough it means this order is no longer active due to an alternative order triggering. In both these cases you will no longer be able to amend or cancel the orders. 11. Amend Click on the Amend button to change the terms of an existing order. You can amend your working order at any time prior to the execution of the order. 12. Cancel Click on the Cancel button to cancel the working order. 13. Order Management This button (found under the Positions tab after clicking Detail ) allows you to edit all of your orders for the selected market at once. This makes order management is easier if you have many orders. 8
11. Order management (continued) If you select Override you can tick the stop and/or limit box and select a level at which you wish all of your positions in the selected market to be closed. If you select Preserve any positions in that market which do not have orders attached already will have new closing orders attached to them at the requested level, and any pre-existing closing orders for that market will not be adjusted. If you select Cancel and then click stop and/or limit, any stops and/or limits will be cancelled for that particular market. 12. Trade History 1. Start Date / End Date Select a date range to view your Trade history. 2. Search Results This displays trades executed on your account within the selected time period. 3. Source Source tells you how the position was created: Streaming prices trade was placed at a market price. Order Engine position was created via an order which was executed. Liquidation System trade was created by liquidation. 13. Transaction History 1. Start Date / End Date Select a date range to view your transaction history. 2. Search Results The transaction history will show any cash transactions that have occurred on your account, such as deposits and withdrawals. Any profit or loss that has been made on your account will also be posted as a cash transaction at the end of each business day. 14. Order History 1. Start Date / End Date Select a date(s) to view your Order history. 2. Created (UTC) The time at which your order was created. 3. Updated The time at which your order was last amended. 4. Order Ref The unique order reference number for your order. 5. Market The market to which the order applies. 6. Buy/Sell Whether the order is a buy or sell order. 9
7. Stake The stake applied to the order. 8. Level The level at which the order will execute. 9. Status Working the order is active but has not yet been executed. Waiting the order is a contingent order and has been placed but will not be active until its parent order has been executed. Executed the order has been filled. Cancelled the order has been cancelled and is no longer working. 10. Fill Price The price at which your order has been executed. 11. Fill Time The time at which your order was executed. 15. Statement Clicking on Statements will allow you to access your daily and monthly statements. 1. View Daily Statement Select Daily Statement and choose a date from the calendar. Click a date to view the daily statement that you wish to view and then click the Load button (the current day s statement will be available on the next working day in PDF format). 2. View Monthly Statement Click on the Monthly Statement and select a month to launch the Monthly Statement. Select the Monthly Statement that you wish to view from the drop down-menu and click on the Generate button to launch the selected monthly statement in PDF format. 16. Layout Saturn Web gives you the ability to customise your layout simply click on the Layout button and then click Fixed Layout. This will then allow you to open and close individual windows and move them to your desired location. You can open up other windows by navigating to them and clicking on them via the expandable menus under the Layout button. You can then save your layout via the My Layouts section. You can save multiple layouts and quickly and easily switch between them by selecting your preferred layout from the My Layouts list. Each window also has a number of layout options in the top right hand corner: Minimise this will minimise the window and attach it to the bar along the bottom of the screen. Clicking the Restore button then returns it to its previous position Maximise this will make the window fill your screen. This can be reversed by clicking the Restore button Pop Out this will open the window in a new browser window, allowing you to move it to wherever you wish 17. Tools Talking Forex free live audio market commentary, news and headlines User Guides Links to our user guides for each account type Economic Calendar The schedule for the week s economic data 10
18. Settings 1. Trading Order Ticket Auto add Stop Order Order tickets will automatically have a stop selected Auto add Limit Order Order tickets will automatically have a limit selected 2. Password To change your password simply enter your current password in the top box and then enter your desired new password in the bottom two boxes and click on Change Password 11
19. Adding funds online 1. If you have a live account, click on the Funding button. 2. This window will then appear 3. Enter the amount you wish to deposit and press Confirm Amount and then Fund 4. Enter your card and address details and click on the Pay button 5. Your payment will be processed and the funds should appear in your trading account 12