Iceberg Orders

Use Iceberg Orders to minimize your market impact by only displaying a portion of your overall order. The hidden size remains in the order book and is subject to being dealt. Access Iceberg Order functionality from the menu of the Bid/Offer order form. An option to add PD (Pip Discretion) to the order is available.

Users can also configure the Keypad to automatically open the Iceberg Bid/Offer form using the Keypad <L1> and <R1> buttons. Manage the configuration using the Keypad settings in Setting User Preferences.

  • To open an Iceberg order form

With the focus on the Bid/Offer order form:

  • via Keypad
    • press <list> to open menu, <up>/<down> arrow to scroll to ICEBERG, and <enter> to select
    • press <shift> then <dynamic summary>
    • press <ICEBERG BID> (or <ICEBERG/OFFER>) key (if configured for Iceberg orders)
  • via mouse: select the ICEBERG option from the Order form menu