Price Ladder Price LadderThe Price Ladder is a list of buy and sell orders, organized by contiguous price levels and updated to reflect real-time market activity (unless real-time access is provisioned by your subscription for the instrument loaded in the frame, no data will be shown). While the best bid and best ask are part of the so-called "top of market", these along with all other bids and offers that exist in the market are part of the "depth of market".
As shown in the screenshot above, the Price Ladder view has two sections:
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Customization Pane is populated by the following components: Contract field – type in the instrument you want to follow in the market; the right-facing arrow Read more about the Contract field here. Right by the side of the arrow, there is a 3-state toggle button to customize the Data Type: as Having Outright selected, the Price Ladder will display bids/asks that were placed on the outright future only. Setting the data type to Implied, will only display bids/asks that were automatically generated by the Exchange as a result of spread orders that contain the specified future contract as a leg. Both sources will be taken into account when data is Combined. Optionally, a set of information / buttons / visual indicators may be added to your frame, from the Price Ladder Properties dialog, Layout and Order Entry tabs. In the screenshot below, the Hi/Lo/Chg and Pos/Avg/OPL fields, the Pause Movement Indicator and the Contingencies, Cancel and Flatten/Reverse Buttons have been enabled. |
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Market Depth Table is, as its name suggests, the area where the market data is shown; each row is dedicated to a different price level (the ever-present, usually centered, Price column). The table header contains a customizable set of columns. In order to change them, go to the Price Ladder Properties dialog's Layout and Order Entry tabs. |
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An order can be placed from the Price Ladder frame by left- or right-clicking one of the Price / Bid/Ask Size / Cumulative Bid/Ask / Order Entry / Offset P/L columns (tip: use these columns to place orders from within any frame that shows them). (For a general (but in-depth) Order Entry introductory material, please take a look at the Order Entry section of this Help. You can change your Order Entry settings from the Order Entry Properties dialog. Click here to learn more about these.) Back to Price Ladder, you can always check the Order Entry cells within this frame for details regarding your orders. If this column is not displayed, please add it by going to the Order Entry tab of the Price Ladder Properties dialog and selecting the Show Orders option. Click here to learn more about these cells. |
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While hovering the mouse over an order in the Order Entry cell, the tooltip (if active) will display detailed information about the order. To enable this tooltip, please go to the Order Entry tab of the Price Ladder Properties dialog and select the Enable Order Tooltips option. You can change the colors of this tooltip from the same Order Entry tab of the Price Ladder Properties dialog, by using the Text and Box options from the Tooltip section. |
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One may not only place orders, but also initiate other Order Entry-related actions by using the optional buttons from the Customization Pane. In order to activate these buttons, go to the Price Ladder Properties dialog's Layout tab. A right-click on a working order will trigger a pop-up with a selection of trading actions. In order to read more about Price Ladder Pop-up Menu, click here. Perhaps no other frame makes the cancel-replace of an order more visually intuitive (especially when the Offset Profit/Loss column is active): simply drag-and-drop the order to the desired price. You can also place contingent orders by using the Price Ladder. In order to add the Contingencies button to your Price Ladder, please go to the Layout tab of the Price Ladder Properties dialog and select the Show Contingencies option. Learn more more about Contingencies here. |
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Depending on the location in the frame one right-clicks on, different pop-up menus will be displayed. These can be used to accelerate certain actions in the frame.
More information about the Pop-up Menu in Price Ladder can be found here.
Buttons on the Price Ladder Toolbar are described in a separate Help file, located here.
Information about the toolbar's location in the Application Layout is available here.
The Price Ladder Properties dialog provides access to change any Price Ladder setting.
Help for use of this dialog and its tabs is located here.
will give you access to 
Implied, 
Outright or 
Combined. Click on this button to get the selection dialog. The same option can be modified by going to the