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Multi Legs#

The Multi Legs widgets let you trade two instruments as one order: buy one leg and sell the other, executed together. They come as a pair, a form and a chart, and make up the Multi legs layout together with an orders table for multi-leg orders, which appears only in that layout.

Multi-leg trading is enabled per account. If it is not enabled for yours, the Multi Legs form is not listed in the layout menu and the Multi Legs tab of the Orders table is hidden.

Multi Legs form#

The form is titled Multi Legs (beta). You can have one on the page.

Each leg has its own row:

  • Row 1 is the leading leg and row 2 the lagging leg (hover the number to see which). Each row has the symbol, the Account and the live price.
  • The side of the leading leg (BUY or SELL). The lagging leg always takes the opposite side.
  • A Trading style per leg. You type the Quantity of the leading leg; the lagging leg's quantity is calculated from it.

Both legs must share the same quote currency; otherwise the form shows Quote currency must be the same in both trading pairs. The arrows icon next to the leading leg's side swaps the two symbols.

Below the legs:

  • Strategy: TWAP or Iceberg.
  • Duration (TWAP).
  • Clip size type and value.
  • Mis-Hedge Tolerance, set in % or in the quote currency.

Clear resets the form and Submit order sends it. As with the order form, Show order review in the widget ⋮ menu (layout unlocked) turns the button into Review order, which opens a summary to confirm first.

Running multi-leg orders are listed in the Multi Legs tab of the Orders table; finished ones offer a Reverse action in History. See Managing Orders.

Multi Legs chart#

The Multi Legs chart shows the price chart of the leading leg with a spread indicator against the lagging leg, in basis points. It appears once both legs are set in the Multi Legs form. You can have one on the page.