A Look at New Features in 7.7

New features include:• Smart Order preferences plus two new order types: Trailing Limits

and Bracket Orders• Trade routing through the Enhanced Quote SpreadSheet (EQSS)• Net change histogram on the Quote SpreadSheet (QSS)• New EQSS and QSS select current values dialog• Time-based TradeFlow bars• Improved add study dialog• Metadata for exchange-traded spreads• Communications toolbar• E-mail settings• Improved login window• Updated toolbar preferences• Saving, sending, and printing images

CQG version 7.7 offers features to make trading and market analysis more seamless.

Smart Orders PreferencesKey Benefit: Easily set up the individual Smart Order qualifications in the preferences window.

Smart Orders have been added to the Trading Preferences window for the DOMTrader and the Order Ticket.

There are five Smart Order types:• DOM-Triggered Stops• Iceberg Limits• Brackets• Trailing• Order-Cancels-Order (OCO)

This is the master symbol list for all symbols for the five Smart Orders. You can set the qualifications for each Smart Order by symbol. Here, the DOM quantity thresholds for the DOM-Triggered Stop are set for EP.

The asterisk indicates the symbol is used for another Smart Order, but is not set up for DOM-Triggered Stops.

Enable or disable order confirmation dialogs.

Iceberg Order PreferencesKey Benefit: Set up Iceberg Limit orders by symbol using the preferences dialog.

An Iceberg Limit order breaks up an order into increments and only displays the number of contracts set by the trader to be displayed on the exchange’s order book.

Turn on Iceberg Limit orders.

The amount of contracts displayed can be set as a specific quantity or a percentage of the total size of the order by symbol.

Enable confirmation window to be displayed when you place an Iceberg Limit order.

Bracket OrdersKey Benefit: Target and risk management orders are automatically placed.

A Bracket Order is a limit order that, once filled, places a target order and a stop loss order on an order-cancels-order (OCO) basis.

Bracket Orders must first be enabled in the Bracket/Smart Orders Preferences. Then, choose Bracket Order from the “link” icon pull down menu.

To place a Bracket Order:

1. Place the limit order.

2. Set the target and stop loss orders by tick or dollar amount in the confirmation window that opens.

3. Choose from stop, trailing stop, and DOM-triggered stops.

If the Limit order is filled, the target and stop loss orders are automatically placed as OCOs.

Bracket Orders Preferences Key Benefit: Target and risk management orders are automatically placed.

Turn on Bracket orders for placing Bracket orders from the DOMTrader and the Order Ticket. Select the symbol and set the parameters.

For the target price, select from:•Limit•Iceberg•Trailing Limit

For the Stop Loss order, select:•Stop•DOM-Triggered Stop•Stop Limit

Choose to enable the confirmation window to open when placing the Bracket order.

Trailing Orders and Preferences

Trailing Limit and Trailing Stop orders track the market and adjust as the market moves.

Select Trailing Limits and Trailing Stop Orders from the pull down menu.

Enable Trailing Stops and Trailing Limits from the Preferences Dialog.

For Trailing Limits, the market can be defined as:• Current bid on buys and current offer on sells.• Current offer on buys and current bid on sells.• Last trade.

Key Benefit: Your limit or stop order is managed by the CQG Gateway and automatically moves to a new level faster than you could manually adjust the order.

OCO Preferences

Order-Cancels-Orders allow you to chain orders together. If one order is filled, then the other chained orders are cancelled.

Enable OCO orders for the DOMTrader and the Order Ticket.

Key Benefit: Trade with greater efficiency by using OCO orders to manage open orders.

The Enhanced Quote SpreadSheet offers the ultimate in utility. Every cell is customizable. Now, order routing from the EQSS is available.

Build elaborate quote and order routing displays to monitor multiple markets and manage different positions.

Enhanced Quote SpreadSheet Trading

Key Benefit: Every cell is customizable, so you can design specific quote displays with order routing functionality.

The Enhanced Quote SpreadSheet Select Current Values dialog is now much easier to use.

Select available field data and view the explanation detailing the field.

Customizing the EQSS and QSSKey Benefit: Easily update and modify the fields displayed in the EQSS or the columns in the QSS.

Choices are now grouped for both the Quote SpreadSheet and the Enhanced Quote SpreadSheet.

Tooltips explain the column information.

Easily adjust the order of the columns.

The Quote SpreadSheet has colored net change histogram bars providing a visual view of which contracts are trading up or down relative to a group.

Here, the Eurodollar contracts are shown from February 2008 to June 2012. The nearby contracts are up and the deferred are down for the session.

The highlighted Bid and Ask buttons are for trading the Eurodollars directly from the Quote SpreadSheet.

Quote SpreadSheet HistogramsKey Benefit: Quickly determine the contracts that are trading strong or weak compared to the other contracts within a group.

Time-Based TradeFlow Bars Key Benefit: Stay more informed as to other traders’ actions using TradeFlow based on time bars.

Time-based TradeFlow bars use the same TradeFlow concept of monitoring executed volume at the bid versus the ask price for color-coding and width of the bar.

The green portion of the bar represents the percentage of volume traded at the ask price (buying). The red portion represents the percentage of volume traded at the bid price (selling).

The wider and brighter the colors, the higher the volume of trades.

Improved Add Study Dialog Key Benefit: Improved “search studies” features make adding studies to charts easier.

Right -click on the chart to add studies. Now, as you type, the list will display highlighted letters of the studies matching the text.

Set up the studies, choose to overlay the study on the chart, pick which data to apply the study to, and add the study to the Toolbar.

MetaData for Exchange-Traded Spread OrdersKey Benefit: More details of exchange-traded spreads are listed in the chart title and the All Contracts view.

Information detailing individual native spread legs for the following types of spreads is now available: •Calendar •Reversed Calendar •Reduced Tick •Butterfly •Pack •Bundle •Condor •Strip

The title bars will show the individual symbols of each leg. The All Contracts view displays a description of the spread and individual legs.

Communications Toolbar Key Benefit: Better manage spread trading using details of your current positions displayed in the Orders & Positions window.

Add Instant Messaging, Live Chat for CQG Support, and sending screen captures buttons to your Toolbar.

E-mail Settings Key Benefit: Set up your E-mail settings to send images to fellow traders.

The E-Mail Settings tab on the CQG Preferences window now includes fields to fill in the following: • E-Mail Server• Server Port• SMTP server username• SMTP server mailbox• SMTP server password• Encrypted connection• Default e-mail application settings

Updated Toolbar Preferences Key Benefit: Organize the toolbar buttons grouped by colors for quick management of your CQG charts and other CQG features.

Three choices for Toolbar button styles are now available.

Color code the toolbar buttons by groups, such as chart styles, pointer tool, and studies.

Saving and Sending Images Key Benefit: Analysts and traders can more easily share screen captures with fellow traders.

Screen captures can be saved to the clipboard to be pasted into other applications, such as Microsoft Word, or sent as an attachment in an e-mail or an instant message. Also, you can save the image to your hard drive.

Printing Images Key Benefit: Printing images and pages has been improved.

The print options, accessed when you right-click the Print button, have been simplified.

CQG, Inc.CQG, Inc.

CQG, Inc. is the industry’s highest-performing solution to integrate market data, technical analysis, and trade routing. CQG’s data coverage includes futures, options, fixed income, foreign exchange, and equities exchanges worldwide as well as debt securities, reports, and indices. Founded in 1980, CQG is headquartered in Denver with sales and support offices worldwide. For more information, visit www.cqg.com.

Customer Support:• US 1 800-525-7082• UK +44 (0) 20-7827-9500• Australia +61 (0) 2-9230-6867 • France +33 (0) 1-74-18-07-81 • Germany +49 (0) 69-920-7920 • Japan +81 (0) 3-3286-6633 • Russia +7 495-795-2410 • Singapore +65 6720-3165

DisclaimerDisclaimer

Trading and investment carry a high level of risk, and CQG, Inc. does not make any recommendations for buying or selling any financial instruments. We offer educational information on ways to use our sophisticated CQG trading tools, but it is up to our customers and other readers to make their own trading and investment decisions, or to consult with a registered investment advisor.

© 2008 CQG, Inc. All rights reserved worldwide.

CQG, DOMTrader, TFVol, and TFOBV are registered trademarks of CQG, Inc.