New
Features

Hello Traders,

Welcome to the New Feature Update Email!

This email contains new software updates that include:

  • TrAC: Find and Replace Tags
  • Maverick: Use Last Price During Halt
  • Maverick: Halted Stocks - Implied Market Cap
  • Maverick: Configure All Tiers - Price/Tier Field
  • Maverick: Apex Pre-Borrow (APB) Locate
  • Maverick: Cool Down Lockout Timer
  • Maverick: Personal Drawdown Lockout

See below for an overview of the latest updates to Trillium’s proprietary software.

-Knowledge Base Team
Thank You to Traders:
Dean L.
Josh G.
Phuca N.
Tal P.
Thank You to Developers:
Daniel L.
Galen C.
Kim T.
What's New
TrAC: Find and Replace Tags
The Find and Replace Tags function in P&L Explorer allows traders to quickly search for and replace tags linked to transactions with new tags in a specific time frame.

Replacing multiple tagged transactions simultaneously makes the process more straightforward and efficient.
To access Find and Replace Tags, click on Analysis and select P&L Explorer.
Click on the Tags tab.
For more information, see Tags.

Click the Find and Replace button.
Enter the tag or choose the tag in the list provided inside the Find textbox.
All the trades associated with the tag will appear.
Click on the Date Range button to narrow down the time frame of the trades.
Enter the new tag or choose the tag in the list provided inside the Replace textbox.

Click the Replace button.
Related Page:
Maverick: Use Last Price During Halt
During halts, venues and electronic communication networks (ECNs) may experience significant market discrepancies, with high bids and low offers appearing in the Level 2 and ECN order books.

Crossed Level 2 or ECN order books create challenges when entering bids and offers because, by default, Maverick aligns order keys with the prevailing inside market.

To address this issue, Maverick now offers the option to use the last price before a halt as a reference for placing new orders.
To access Use Last Price During Halt, right-click on the Position Manager and select Configure → Configure Order Entry.
Double-click Order Line to open the dropdown menu and select Keys.

Check the box next to Use Last Price During Halt and click Apply.
For more information, see Keys.

This feature is available in Maverick version 20.05.04 and higher.
Related Page:
Maverick: Halted Stocks - Implied Market Cap
Maverick’s halted stocks window now features the Implied Market Cap (ImpliedMktCap) field to assist traders in sorting halted symbols.

The Implied Market Cap provides traders with enhanced flexibility and more comprehensive information when analyzing and managing halted stocks.
For more information, see Halted Stocks.

To access the Halted Stocks window, right-click on the Position Manager window and select New Window → Filters → Halted Stocks.
This feature is available in Maverick version 20.05.04 and higher.
Related Page:
Maverick: Configure All Tiers - Price/Tier Field
The Price/Tier field is now available in Maverick’s Configure All Tiers window to help traders identify disparities between configured tier sizes and current prices.

Sorting the Price/Tier ratio gives a more comprehensive view of symbol tier sizes and corresponding prices that may have become disconnected from a trader's risk tolerance and trading style.
To access the Configure All Tiers window, right-click on the Position Manager and select Configure → Configure All Tiers.
Click on the Price/Tier column header to sort the field for analysis.
This feature is available in Maverick version 20.05.04 and higher.
Maverick: Apex Pre-Borrow (APB) Locate
Apex Pre-Borrow (APB) is now an option for purchasing locates in threshold stocks or stocks with CNS issues. APB locates are available to purchase in Maverick’s All Locate Window after manually requesting shares from Trade Support. 

To acquire an APB locate, traders must initiate the process by emailing locate@trlm.com specifying the targeted threshold symbol. Trade Support will then contact Apex to verify the availability of shares and price per share.

Once this information is verified, Trade Support will email the trader, providing the price and confirming the number of threshold shares requested. The Trade Support team will then manually input the share and price information into Maverick and inform the trader that the locate is available for purchase using Maverick's All Locate Window. 

Note: Once shares are entered into the system, the requested shares are first come, first serve. If another trader buys the shares, Trade Support may have to recheck Apex’s availability for the requesting trader.
Maverick: Cool Down Lockout Timer
Maverick now allows traders to configure a Cool Down Lockout Timer. After triggering a personal lockout, Maverick initiates a cool down period permitting close-out orders only.

The lockout will remain in effect for the specified number of minutes the trader chooses, ensuring a designated cool down interval before placing new opening orders.
Note: In a volatile market, the trader can turn off the Personal Lockout and Cooldown Lockout Timer by unchecking both boxes. All management-set backend TrAC limits will still apply.

To access the Cooldown Lockout Timer, right-click on the Account Summary window and select Configure.
Check the box to the left of Enable Personal Lockout and enter the P&L amount. 
Check the box to the left of Cool Down Lockout Timer (min) and enter the number of minutes for the timer to remain active.

Click OK to save the changes.
This feature is available in Maverick version 20.05.04 and higher.
Maverick: Personal Drawdown Lockout
Maverick now offers a Personal Drawdown Lockout that activates when a trader's P&L surpasses a preset amount and then drops a preset percentage off the day's high water mark.

Once both requirements are satisfied, Maverick limits orders to close out only. The Personal Drawdown Lockout ensures that traders have greater control over risk management, mitigating potential losses and maintaining a disciplined approach to trading.
Note: In a volatile market, the trader can turn off the Personal Drawdown Lockout by unchecking the box. All management-set backend TrAC limits will still apply.

To access the Personal Draw Down Lockout, right-click on the Account Summary window and select Configure.
Check the box to the left of Enable Personal Draw Down Lockout.

Enter the P&L amount for the limit to become active and the percentage drawdown allowed before Maverick locks order entry to closing orders only.

Click OK.
This feature is available in Maverick version 20.05.04 and higher.
Trillium Trading Knowledge Base | kb.trilliumtrading.com