AyersGTS User Manual (Terminal) v1.13.

AyersGTS

Terminal

User Manual

By

Ayers Solutions Limited

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 AyersGTS User Manual (Terminal) v1.13.8

Amendment History

Version Date Details

V1.0 22-Mar-04 Initial copy
V1.1 25-Mar-04 Update the section “Recommended Daily Operation Flow”
V1.2 18-Apr-04 Update the “Input Order” section
Update the “Upload Interface File” section
Update the “Client Master” screen
Add section “Enable Internet Trading For Client Acc”
V1.4.5 13-Jul-04 Update the “Input Order” Section
V1.4.12 20-Jan-05 Update the “save/load/clear desktop setting” Section
Add “Report” section
V1.5 15-Mar-05 Add the “Enable IVR trading” section
Add the “Filter rows in order journal” section
Add the “Update/Cancel multiple orders” section
Add section “Sell Transaction Amount Limit”
V1.6.4 13-Mar-06 Update with latest information up to v1.6.4
V1.6.6 22-May-06 Update the graphics
V1.6.8 28-Aug-06 Add new credit line “Nominal Deviation Limit” on Appendix A
V1.6.8a 30-Nov-06 Add the “Run Batch Report” Section
V1.7.6 10-Oct-07 User manual revamp
V 1.7.8 9-Jan-08 User manual revamp
V.1.7.9 15-Jan-08 User manual revamp
V1.8.0 25-Feb-08 User manual revamp
V1.8.1 2-May-08 User manual revamp
V1.8.2 18-Jun-08 User manual revamp
V1.8.3 1-Aug-08 Add Manual Trade and Odd Lot Trade section
V1.8.3 4-Aug-08 Add enhanced stop limit order with trailing stop section
V1.9.0 17-Nov-08 Add Futures function
V1.11.3 23-Aug-11 User manual revamp
V1.11.7 7-Feb-12 User manual revamp
V1.12.1 10-Mar-12 User manual revamp
V1.13.5 30-Mar-14 User manual revamp
V1.13.6 15-Dec-15 User manual revamp
V1.13.7 25-Feb-16 User manual revamp
V1.13.8 20-Jul-18 Cyber Security

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 AyersGTS User Manual (Terminal) v1.13.8

Contents

1 Introduction ..................................................................................................................... 9
2 About AyersGTS .......................................................................................................... 10
3 Getting Started ............................................................................................................. 11
3.1 Login ...................................................................................................... 11
3.2 Change User Password......................................................................... 12
3.3 Logout.................................................................................................... 12
4 User Interface ............................................................................................................... 13
4.1 Main Menu ............................................................................................. 13
4.2 Common Icons ...................................................................................... 13
4.3 Clock...................................................................................................... 14
4.4 Lock Screen........................................................................................... 14
4.5 Load Desktop Settings .......................................................................... 15
4.6 Save Desktop Settings .......................................................................... 15
4.7 Clear Desktop Settings .......................................................................... 16
4.8 Send Today News (Internet Clients) ...................................................... 17
4.9 Send Today News ................................................................................. 18
4.10 Show Today News ................................................................................. 18
4.11 Force Logout User ................................................................................. 19
4.12 Client Account Shortcut Key Setup ....................................................... 20
4.13 Locking Windows’ Position / Size .......................................................... 21
4.14 Assign Window Group Number ............................................................. 21
4.15 Zoom In/Out Windows ........................................................................... 22
4.16 User/ AE/ Client Search Mode ............................................................... 23
4.17 Choose Foreground Color… ................................................................. 24
4.18 Change the Background Color .............................................................. 24
5 Setup ............................................................................................................................. 25
5.1 System Settings ..................................................................................... 25
5.1.1 Setting 1.......................................................................................... 25
5.1.2 Setting 2.......................................................................................... 26
5.1.3 Setting 3.......................................................................................... 28
5.1.4 Setting 4.......................................................................................... 29
5.1.5 Setting 5.......................................................................................... 30
5.1.6 Setting 6.......................................................................................... 31
5.2 Password Policy .................................................................................... 32
5.3 Currency ................................................................................................ 34
5.4 Bank ...................................................................................................... 34
5.5 Credit Limit Policy .................................................................................. 34
5.6 Approval Level ....................................................................................... 36
5.7 User Group ............................................................................................ 38
5.8 User ....................................................................................................... 40
5.8.1 Introduction ..................................................................................... 40
5.8.2 Belong To User Group .................................................................... 42
5.8.3 User Access Right .......................................................................... 43
5.8.4 Remark ........................................................................................... 44
5.8.5 Managed Client Account................................................................. 45
5.8.6 Trading Limit ................................................................................... 46
5.8.7 Setting............................................................................................. 47
5.8.8 Shortcut Key ................................................................................... 48
5.8.9 Exchange ........................................................................................ 51
5.9 Resetting User Password ...................................................................... 52
5.10 User (GTS LITE client) .......................................................................... 54
5.11 AE Group ............................................................................................... 55

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5.12 AE .......................................................................................................... 55
5.13 Client Account Types ............................................................................. 56
5.13.1 Assigning Credit Limits for Client Account Types ........................... 56
5.14 Client Group .......................................................................................... 57
5.15 Client Order Group ................................................................................ 58
5.15.1 Add a client order group ................................................................. 59
5.15.2 Assign clients to specific order group ............................................. 60
5.15.3 Client order group shortcut key setup ............................................. 61
5.16 Client Account ....................................................................................... 62
5.16.1 Order Notification and Price Alert Email ......................................... 62
5.16.2 Open a Web Trading Account ........................................................ 63
5.16.3 Real Time Quote Service for Internet Client ................................... 65
5.16.4 IVRS Trading Service for Internet Client ......................................... 66
5.16.5 To assign a client’s credit limit and credit ratio ............................... 68
5.16.6 To assign client-specific commission rate ...................................... 69
5.16.7 Restrict clients to buy and/or sell specified products. ..................... 70
5.16.8 Follow-up ........................................................................................ 71
5.17 Generate Client a/c Password ............................................................... 73
5.18 Setup Exchange .................................................................................... 75
5.18.1 Enable/disable Order Type ............................................................. 77
5.19 Setup Product Parameters .................................................................... 78
5.19.1 Margin Class ................................................................................... 79
5.20 Linked Product ....................................................................................... 81
5.21 IPO Stock .............................................................................................. 82
5.21.1 Information ...................................................................................... 82
5.21.2 Quantity/ Amount Table .................................................................. 84
5.21.3 IPO Application ............................................................................... 86
5.21.4 Email IPO Result to Client .............................................................. 88
5.22 Batch Interface File Import/Export ......................................................... 91
5.22.1 Batch Interface File Import/Export - Import ..................................... 91
5.22.2 Batch Interface File Import/Export – Export .................................... 93
5.23 Batch Interface File Import/Export Scheduler ........................................ 95
5.23.1 Batch Interface File Import/Export – Import Scheduler ................... 95
5.23.2 Batch Interface File – Export Scheduler ......................................... 96
6 Order Processing ......................................................................................................... 97
6.1 Order Journal......................................................................................... 97
6.1.1 Introduction ..................................................................................... 97
6.1.2 Configure Order Journal ................................................................. 99
6.1.3 Filter in Order Journal ................................................................... 100
6.1.4 Order Enquiry ............................................................................... 101
6.1.5 Update Orders .............................................................................. 103
6.1.6 Cancel Orders............................................................................... 104
6.1.7 Update/Cancel Multiple Orders..................................................... 105
6.1.8 Add/ Remove Columns ................................................................. 107
6.2 Trade Journal ...................................................................................... 111
6.3 Margin Call Journal.............................................................................. 114
6.4 Input Order .......................................................................................... 116
6.4.1 Using Order Input Screen (Equity)................................................ 116
6.4.2 Order Input (Global Market) .......................................................... 123
6.4.3 Program Trade (HK Stock) ........................................................... 129
6.5 Order Input Quantity Selector .............................................................. 138
6.6 Order Shortcut key .............................................................................. 139
6.7 Input executed orders .......................................................................... 140
6.8 Input IPO Subscription......................................................................... 141

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6.9 Input IPO Subscription (Layout 1) ....................................................... 142

6.9.1 Cancel subscribed IPO ................................................................. 143
6.10 Client Account Portfolio ....................................................................... 144
6.10.1 Portfolio......................................................................................... 144
6.10.2 O/S Order ..................................................................................... 145
6.10.3 Today’s Order ............................................................................... 146
6.10.4 Today’s Trades ............................................................................. 146
6.10.5 Info. ............................................................................................... 147
6.10.6 Trade Allocation ............................................................................ 149
6.10.7 Follow-Up...................................................................................... 150
6.10.8 IPO................................................................................................ 151
6.11 Client Product Position Enquiry ........................................................... 151
6.12 Product Position Summary .................................................................. 152
7 Credit Officer .............................................................................................................. 153
7.1 Order Approval Journal ....................................................................... 153
7.2 Client Cash Deposit/Withdrawal .......................................................... 155
7.3 Approve Client Cash Deposit/Withdrawal ............................................ 155
7.4 Reject Approved Cash Deposit/Withdrawal ......................................... 156
7.5 Client FX Transfer ............................................................................... 157
7.6 Client Product Deposit/Withdrawal ...................................................... 158
7.7 Approve Client Product Deposit/Withdrawal ........................................ 158
7.8 Client Asset Internal Transfer .............................................................. 159
7.9 Client Account Trade Allocation .......................................................... 160
7.10 Allocate executed trades into other client A/C (Same Average Price) 161
7.11 Client Account Order Trades Allocation .............................................. 163
7.12 Client Group Turnover Monitor ............................................................ 164
8 Market Data ................................................................................................................ 165
8.1 Real Time Price Quote (AAStock, HK) ................................................ 165
8.2 Real Time Price Quote Summary (All Markets) ................................... 166
8.2.1 Add Columns ................................................................................ 167
8.2.2 Hide Product Input ........................................................................ 168
8.2.3 “Show Price Depth”....................................................................... 169
8.2.4 Show Intra-Day Chart ................................................................... 170
8.3 Real Time Price Quote (HK Market Layout 4) ..................................... 173
9 Dealer ................................................................................................................ 174
9.1 Dealer Order Journal ........................................................................... 174
9.2 Start OG (BSS System) ....................................................................... 175
9.3 Manual Trade (BSS System) ............................................................... 176
9.4 Odd/Special Lot Order Input (BSS System) ........................................ 177
9.5 Odd/Special Lot Trade Match and Enquiry (BSS System) .................. 178
10 Report ................................................................................................................ 179
10.1 Generate report ................................................................................... 181
10.2 Print report ........................................................................................... 182
10.3 Copy text ............................................................................................. 183
10.4 Search report ....................................................................................... 184
10.5 Single / Multiple Page View ................................................................. 185
10.6 Zoom in/Zoom out ............................................................................... 187
10.7 Adding Remarks in Reports................................................................. 188
10.8 Export report ........................................................................................ 189
10.9 Report Job Item ................................................................................... 190
10.10 Report Job ........................................................................................... 191
10.11 Run Batch Report Jobs ....................................................................... 192
10.12 Open an existing report ....................................................................... 193
11 System Setting ........................................................................................................... 194

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11.1 Product (For SYS use only) ................................................................. 194

11.2 Exchange Holiday (For SYS Use Only) ............................................... 195
12 Recommended Daily Operation Flow ..................................................197
13 Appendix A: Credit Limit Policy ............................................................ 198
13.1 Buy Transaction Amount Limit ............................................................. 200
13.2 Buy Transaction Amount Limit (E-Channel) ........................................ 200
13.3 Sell Transaction Amount Limit ............................................................. 200
13.4 Sell Transaction Amount Limit(E-Channel) ......................................... 200
13.5 Client A/C Daily Turnover Limit ........................................................... 201
13.6 Client A/C Daily Buy Turnover Limit .................................................... 201
13.7 Client A/C Daily Buy Turnover Limit (Per Product) .............................. 201
13.8 High Risk Product Buy Limit ................................................................ 201
13.9 Loan Limit ............................................................................................ 201
13.10 Loan Limit (E-Channel) ........................................................................ 202
13.11 High Risk Product Loan Limit .............................................................. 202
13.12 Loan-To-Portfolio Limit(%) ................................................................... 202
13.13 Nominal Deviation Limit (%, E-Channel) ............................................. 203
13.14 Nominal Deviation Limit (E-Channel) .................................................. 203
13.15 Nominal Deviation Limit ....................................................................... 203
13.16 Nominal Deviation Limit (%) ................................................................ 203
13.17 Purchase Limit ..................................................................................... 204
13.18 Purchase Limit (E-Channel) ................................................................ 204
13.19 Product Transaction Quantity Limit ..................................................... 204
13.20 Transaction Quantity Limit ................................................................... 204
13.21 Cannot Have O/S Buy/Sell Order With Same Product And Price ....... 205
13.22 Short Sell Limit .................................................................................... 205
13.23 Short Sell Limit (E-Channel) ................................................................ 205
13.24 High Risk Product Short Sell Limit ....................................................... 205
13.25 Buy Low Price Warrant (E-Channel) ................................................... 206
13.26 Client Group Daily Buy Turnover Limit ................................................ 206
13.27 Client Group Daily Turnover Limit ....................................................... 206
13.28 Client Group Daily Sell Turnover Limit ................................................ 206
13.29 Company Daily Turnover Limit ............................................................ 207
13.30 Company Daily Buy Turnover Limit ..................................................... 207
13.31 Company Daily Sell Turnover Limit ..................................................... 207
13.32 Product Daily Buy Turnover Limit ........................................................ 207
13.33 Product Daily Buy Turnover Limit (E-Channel) .................................... 208
13.34 Product Daily Buy Turnover Limit (Per Client a/c) (E-Channel) ........... 208
13.35 User Daily Buy Turnover Limit ............................................................. 208
13.36 User Daily Buy Turnover Limit ............................................................. 208
13.37 Derivative Product Transaction ........................................................... 209
14 Appendix B: FAQ .......................................................................................................210
14.1 System Setting .................................................................................... 210
14.1.1 Where to download AyersGTS? .................................................. 210
14.1.2 Why sometimes cannot upgrade GTS? ....................................... 210
14.1.3 Why the price quote section and order journal section cannot be
displayed in internet trading? ...................................................... 210
14.1.4 Why sometimes internet trade client could not receive email for the
password? ................................................................................... 210
14.1.5 Why sometimes cannot login in to GTS?..................................... 210
14.1.6 What are the short-cut keys for inputting QTY (Quantity)? .......... 210
14.1.7 How to set not to show client contact info?.................................. 210
14.1.8 How to use Good Till Cancel? ..................................................... 210
14.2 Reasons for Order rejection ................................................................ 211

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14.2.1 Why is order rejected “by price warning”? ................................... 211

14.2.2 Why is order rejected “by invalid order price”? ............................ 211
14.3 Trading Limit ........................................................................................ 211
14.3.1 How Trading Limit works in the system? ..................................... 211
14.3.2 How to add new trading limit for a company? .............................. 211
14.3.3 How many Client account type are there? ................................... 211
14.3.4 How to set policies to these 4 Account types that are different to the
company’s policy? ....................................................................................... 211
14.3.5 How to set individual client account policies? .............................. 212
14.3.6 What is “alert if over…” in credit limit policy? ............................... 212
14.3.7 What is “Need Approval If Over…” in the credit limit policy? ....... 212
14.3.8 What is “Reject If Over…” in the credit limit policy? ..................... 212
14.3.9 What are the differences between Loan Limit and Purchase Limit? ..
..................................................................................................... 212
14.3.10 How to set a new approval limit to user? ..................................... 212
14.4 Setup User, AE and Client Account ..................................................... 212
14.4.1 How to create AE? ....................................................................... 212
14.4.2 How to create new user? ............................................................. 212
14.4.3 How to set user permission? ....................................................... 212
14.4.4 How to set user order input setting that are different to the company?
..................................................................................................... 212
14.4.5 How to create new client?............................................................ 213
14.4.6 What is Margin Ratio(%) and Marginable Value Credit Ratio(%)? ....
..................................................................................................... 213
14.4.7 What is Cash Credit Ratio? ......................................................... 213
14.4.8 How to set client to use web trading? .......................................... 213
14.4.9 How to set not to receive email order notification? ...................... 213
14.4.10 How to set Demo Account? ......................................................... 213
14.4.11 What can Demo Account do? ...................................................... 213
14.4.12 How to unlock user account?....................................................... 213
14.4.13 How to block internet user placing orders through internet but allow
to enquire order history? ............................................................................. 214
14.4.14 What if permissions are set differently for User Group and the User
within that group? ........................................................................................ 214
14.4.15 How to set Real-Time Quote to user/client? ................................ 214
14.4.16 How to set commission to Client?................................................ 215
14.4.17 How commission work in AyersGTS terminal? ............................ 215
14.4.18 How to set margin ratio of a product? .......................................... 215
14.4.19 How to deposit/withdraw cash for client? ..................................... 215
14.4.20 How to deposit/withdraw product for client? ................................ 215
14.4.21 How to manage AE group, AE, Client account? .......................... 215
14.4.22 Can client account type be changed?.......................................... 215
14.4.23 What is Alert Remark in client account? ...................................... 216
14.4.24 How to block a particular client to trade a particular product? ..... 216
14.4.25 Where to find all the allocated trade that is performed today? .... 216
14.5 Other setting ........................................................................................ 216
14.5.1 What does the order status code mean? (e.g. NEW, WA,) ......... 216
14.5.2 Why orders cannot be sent to exchange when testing on Saturday?
..................................................................................................... 216
14.5.3 Why orders cannot be found after type in product code in filter
function in order journal? ............................................................................. 216
14.5.4 Where to find trade summary? .................................................... 216
14.5.5 Where to find buy/sell broker code? ............................................ 217
14.5.6 Where to find out who edited the order?...................................... 217

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14.5.7 How to add column in order journal? ........................................... 217

14.5.8 Can AyersGTS terminal user edit/cancel orders that are from
internet?
..................................................................................................... 217
14.5.9 How to show/not show confirmation box before order submission? ..
..................................................................................................... 217
14.5.10 How to allocate trades to the correct client? ................................ 217
14.5.11 How to start/stop OG for BSS client? .......................................... 217
14.5.12 What is Cross Trading Device? ................................................... 217
14.5.13 How to do Odd Lot Trade? .......................................................... 218
14.5.14 What is order acknowledgement? ............................................... 218
14.5.15 How to acknowledge orders? ...................................................... 218
14.5.16 How to unacknowledged orders? ................................................ 218
14.5.17 How to use “Input Order (layout 2)”? ........................................... 218
14.5.18 How to use “Search Engine F1”?................................................. 219
14.5.19 Which sound format is supported in “Order Journal” setting? ..... 219
14.5.20 Does “Executed Order Input” allow to type in odd lot traded orders?
..................................................................................................... 219
14.5.21 Why clients and products data are not most updated? ................ 219
14.5.22 Why AE codes not found in Ayers GTS terminal which were created
and imported from Back Office? .................................................................. 219
14.5.23 How to use high risk (HR) product policies? ................................ 219
14.5.24 How to set Currency? .................................................................. 219
14.5.25 How to set the same desktop setting of another user?................ 219
14.5.26 How to display Chinese character in internet trade when using
internet explorer browser? ........................................................................... 220
14.5.27 How to display references of order input in Order Journal? ........ 220
14.5.28 What is Additional Order Approval Ceiling? ................................. 220
14.5.29 How to cancel/update multiple orders?........................................ 220
14.5.30 What are the consequences of increase of order quantity? ........ 220
14.5.31 How long will the trade data be hold in the system? .................... 220
14.5.32 How to calculate avail.limit in internet trade portfolio? ................. 220
14.5.33 How to cancel IPO? ..................................................................... 220
14.5.34 What are the suffixes (-D, -E, -S) of order numbers in order journal
means? ........................................................................................ 220
14.6 Generating Report ............................................................................... 221
14.6.1 Why the reports are empty? ........................................................ 221
14.6.2 How to set report job item? .......................................................... 221
14.6.3 What are the codes stands for in “Order List” and “Order Sheet”? ....
..................................................................................................... 221
14.6.4 How to find out who audited the system setting? ........................ 221
14.6.5 How to find out if internet user has deposited cash to the bank
account? ...................................................................................... 221
14.6.6 What are the differences between Order list and Order Sheet? .. 221
14.6.7 Where to find all the IPO Subscription? ....................................... 221
14.6.8 Where to find all the unfilled order? ............................................. 222
14.7 Order types in detail ............................................................................ 222
14.7.1 What order types are supported by AyersGTS? .......................... 222
14.7.2 What is Market Order?................................................................. 228
14.7.3 What is the pre-opening session? ............................................... 228

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 AyersGTS User Manual (Terminal) v1.13.8

1 Introduction
This User Guide provides a step-by-step instruction on how to use the Ayers Global
Trading System (“AyersGTS”). The objective of designing AyersGTS is to assist users to
run their trading businesses in a more effective and efficient way with the following
user-friendly Graphics User Interface (GUI) functional modules:

• Setup
• Order Input/Enq.
• Credit Officer
• Market Data
• Dealer
• Report
• Settings
• System
• Exit

This user guide consists of following chapters:

Chapter Description
1 Introduction
Introduction of AyersGTS
2 About AyersGTS
To provides details information on AyersGTS. The
system overview and system standards are explained in
this chapter.
3 Getting Started
To show how to login and logout of the system.
4 User Interface
To cover various user interface functions in the system.
5 System Setup
To use the functions to setup the system.
6 Order Processing
Input / update / cancel / approve / reject / enquire orders
and show client information.
7 Report
Describe the usage of reports and its functionality.
8 Daily Operation
Describe the daily operation flow.
9 Appendix A: Credit Limit Calculation Formula
Describe the calculation formula of various credit limits.
10 Appendix B: FAQ

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2 About AyersGTS
AyersGTS is a securities trading system with comprehensive front-office functionality
which can facilitate efficient and effective workflow in the entire trading logistic by being
ready to interface with any back-office settlement system, such as various of in-house
trading systems and even banking systems.

Designed with the most advanced technology, AyersGTS is scalable to suit from small to
large range of brokerage houses as well as international firms. Moreover, it can be
securely deployed as an Intranet application internally and/or as an Internet application
externally.

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3 Getting Started

3.1 Login

Switch on the computer

Double click the “AyersGTS” icon, AyersGTS login screen will be shown (as below): -

Enter User Code and User Password, then click “Login“; or click “Exit” to leave the
system.

If it is your first time logging in to the system, you may be requested to change your
password (as below): -

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Input a new password, retype to confirm, then click “OK”. The system will change your
password with immediate effect.

After Login, the main window will appear.

3.2 Change User Password

To change password, click “Setting → Change User Password”.

Input the old password and new password respectively. Retype your new password,
then click “OK” to confirm the change.

3.3 Logout

To log out from AyersGTS, click the “Exit” button on the Main Window menu

Note: If you have any difficulties logging on AyersGTS, please consult your
administrator.

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4 User Interface

4.1 Main Menu

The AyersGTS Main Menu consists of a set of global functions which are available to the
entire AyersGTS workspace. The Main Menu has the following items:

Menu Description
Setup To configure/setup AyersGTS
Order Input/Enq. All order input and enquiry functions
Credit Officer Credit Officer's functions
Market Data Various real time price quote and Market News
Dealer Dealer’s functions
Report To generate various kinds of reports
Settings To configure common desktop settings
System To configure product and exchange holiday settings (For SYS
Use Only)
Exit Exit the system

4.2 Common Icons

AyersGTS uses same set of function icons consistently throughout the entire system.
The graphic representation and the respective meaning for each of them are listed
below:

Icon Description

Exit current window

Clear current fields / add new record

Open an existing record to edit

Save current record

Delete current record

Upload files

Enquiry

Edit

Create / Edit order input shortcut keys

Print

Cancel

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4.3 Clock

On the “Settings” menu, click “Clock” to display the time at exchange.

To resize the system clock, simply click and drag the mouse button.

4.4 Lock Screen

Click menu “Setting → Lock Screen” to hide AyersGTS windows, enter password to
restore AyersGTS windows.

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4.5 Load Desktop Settings

Upon logging in, AyersGTS will automatically load the default desktop layout. If you want
to restore any other saved desktops, simply click the menu item “Settings → Load
Desktop Settings”.

The saved desktop setting will be loaded.

4.6 Save Desktop Settings

All window sizes and positions can be easily adjusted. Users can also customize
desktop settings to cater individual needs (details as below):
Save the current desktop layout by clicking the menu item “Settings → Save Desktop
Settings”. You may choose to save the settings as default (auto load while logging in), or
create a profile code for it.

The “Saved Successfully” message will be shown.

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4.7 Clear Desktop Settings

You may clear saved desktop layouts by clicking the menu item “Settings → Clear
Desktop Settings”. Choose “Default” or “Desktop Profile Code” and enter the saved
Desktop Profile Code to delete the saved setting.

A “Saved Desktop Settings are Cleared” message will be shown.

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4.8 Send Today News (Internet Clients)

Click menu “Settings → Send Today News (Internet Clients)”. Input the content and
press send. User may send to all clients, or to specific client groups / individual client
accounts.

“All” – Send to all clients

“Client A/C” – Send to one client
“Client Group” – Send to one client group

The system will prompt “Are you sure to send?” and choose “Yes”.

The system will prompt “Send Completed” message.

After inputting the content, the message can be sent to the Web Trading Clients.

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4.9 Send Today News

To send today’s news to AyersGTS users, click menu “Setting → Send Today News”.
Input the subject and content. If the message is only intended for a particular User/User
Group, click the tab “Send to”, choose User/User Group to add in. When finished click
the “Save” icon to save. To delete the message, click the tab “Delete Today News”,
refresh, then check the box of the message, and “Delete”.

4.10 Show Today News

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Simply click menu “Setting → Show Today News“.

4.11 Force Logout User

To force a user to logout the system, click “Settings → Force Logout Users”

Select the user you want to force logout, then click the “Force Logout” button.

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4.12 Client Account Shortcut Key Setup

Click “Setting” →”Client Account Shortcut Key Setup”.

This function can setup some shortcut keys to represent some client code. Input any key
as a shortcut for the client account, press “F1” key to search for the client account and
click “Add” button. If user wants to delete a shortcut key, highlight the shortcut key item
and click the “Delete” button.

When placing an order in the order input layout, input the shortcut key and press the “+”
button.

E.g. If you have set “d” button as the shortcut key for “DAISY”, when you input “d+”, the
client account column will be filled by “DAISY”.

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4.13 Locking Windows’ Position / Size

Open the function window, right-click and choose “Lock Window Position / Size”; once
selected, the window will be locked.

4.14 Assign Window Group Number

Open any function window, right-click and choose “Assign Window Group No.”; choose
the Window Group No.

This function can be used together with the “Go To Next Window” and “Go To Next
Window Group” shortcut key functions.

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4.15 Zoom In/Out Windows

Open any function window, right-click and choose “Scale Form Size”.

Input a Font Size and press OK.

The Font Size will be scaled bigger or smaller

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4.16 User/ AE/ Client Search Mode

Open User/AE/Client Account window and press F1 Search. Input the searching criteria
and a list of User/AE/Client Account will be shown.

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4.17 Choose Foreground Color…

User can right-click any GTS windows and click the “Choose Foreground Font” function
to change the font color.

4.18 Change the Background Color

User can right-click any GTS windows and click the “Choose Background Color…”
function to change the font color.

User may reset the Font and Background color by clicking the “Choose Background
Color” function

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5 Setup

5.1 System Settings

Click “Setup → System Setting” menu item

5.1.1 Setting 1

Setting Description
Display Today's News On Login Check this box if you want to show "Today's
News" window every time after user login.
Load Desktop Setting On Login Check this box if you want to restore the saved
desktop layout every time after user login.
Company Name The company title will be shown in every report.
Email For any email sends from AyersGTS will use this
email address as sender address.
Phone No. Phone no. of the company.
Show This Message After Login Message type in here will be shown after login.
Function Key Set shortcut keys for common function icons.

Click the “Save” icon to save changes.

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5.1.2 Setting 2

Setting Description
Show Confirmation Box Before Checking this box if you want to show confirmation
Order Submit box every time user inputs an order.
Password Confirm Order Input Checking this box if you want to key in password to
confirm order inputs before sending to market.
Please note that you must also enable the “Show
Confirmation Box Before Order Submit” function to
facilitate “Password Confirm Order Input”.
Show Confirmation Box Before Checking this box if you want to show confirmation
Order Cancel box every time user cancels an order.
Show Warning When Order Checking this box if you want to show warning for
Needs Approval any orders require approval.
Perform Credit Checking On Checking this box if you want to perform order credit
Executed Order Input checking when inputting "Executed Order".
Disallow Increasing Order Checking this box if you want to prohibit user to
Quantity increase quantity of orders.
Retain Last Input Client A/C Checking this box if you want to let the last input
client a/c remains in the Order Input Screen.
Retain Last Input Order Type Checking this box if you want the last order type
remains in the Order Type box.

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Retain Last Buy/Sell Order Checking this box if you want the last Buy/Sell order
remains in the B/S box.
Retain Last Input Product Checking this box if you want the last input product
remains in the Product field.
Retain Last Input Price Checking this box if you want the last input price
remains in the Price field.
Retain Last Input Quantity Checking this box if you want the last input quantity
remains in the Quantity field.
Allow Cancel Multiple Orders Checking this box will allow you to cancel multiple
orders.
Allow Update Price of Multiple Checking this will allow you to update price for
Orders multiple orders (of same client, product and Buy/Sell
type).
Auto Show Product Bid/Ask Checking this box if you want the stock nominal
Price price to be shown when inputting the stock code.
Change Background Color Change background color when Buy/Sell is
when Buy/Sell Changed selected.
Only Validate Client/Product Check client/product validity only when sending out
When Send orders only.
Price of Price Quote Window When double click on any price position for the
Auto-Filled To Buy/Sell, information will auto feed into Order Input
windows.
Price of Order Input Window Product code from the order input window auto feed
Auto-Filled To into the real time quote window.
Client a/c Of Order Input Client code from the Client portfolio auto feed into
Window Auto-Filled To the Order input window.
Double-Click Order Journal To Double-click a trade order will trigger the function
Trigger menu (functions including - "Cancel", "Update",
"Enquire" and "Acknowledge" Order.
Right-Click Order Journal To Right-clicking an order to “Show Functions Menu”,
Trigger “Show Menu, Update Order” or “Show Menu, Fast
Update Order”.
Disable “Cancel All Button” Checking this box will disable the “Cancel All”
function in the order input window (for “Global
Market, Layout 2” only)
(Please see Pic. 1)
Disable “Close All Button” Checking this box will disable the “Close All
Positions” function in the order input window (for
“Global Market, Layout 2” only)
(Please see Pic. 1)
Disable “Time-To-Send” Date Checking this box will disallow users to select “Time
To Send” while doing program trades. (Please see
Pic. 2)

Click the “Save” icon to save changes.

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5.1.3 Setting 3

Setting Description
Default Exchange Select default trading exchange when placing order
Additional Order Approval The additional order approval ceiling percentage
Ceiling (%)
Minimum Commission Set the minimum commission of the company
All emails Bcc to All the emails sent from the system will bcc to this
email address.
Preload Client Data When Check this box if you want to save data retrieval time.
Login Note: If this box is checked, the system will not update
product’s data instantly if changes have been made
Preload Product Data When Check this box if you want to save data retrieval time.
Login Note: If this box is checked, the system will not update
product’s data instantly if changes have been made
Show Client Contact Show Client’s Contact Information in Client Portfolio.
Information
BSS Cross Device Functions This function is for BSS clients which have more than
Authorized Trader Login Info one OG. If one OG fails, input User Code & User
Password of the other OG to allow the trades from the
failed OG to send to market.
File Upload Time Within The time range for file upload during Trading hour
Trading Hour without overwriting trading records

Click the “Save” icon to save changes.

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5.1.4 Setting 4

This function can set the default short-cut keys for “Order Input” (Layout 2-5). Click on
, a window will prompt to input a key as a short-cut for the corresponding function.
Note that F1 key is defaulted by the system as search button and cannot be used as a
short-cut key.

The “Cancel Order”, “Update Order” and “Enquire Order” functions are only available in
“Order Input Layout 2”

In the margin ratio class session, users can define the margin ratios for different margin
classes.

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5.1.5 Setting 5

Setting Description
Show this message after login Show message every time when client login to Web
Trading.
Show message after e-Web Show message after e-Web IPO application.
IPO application
Default web cash deposit Show Notice Remark when cash deposited.
notice remark
Default web cash withdrawal Show Remark when requested cash withdrawal.
request remark

Click the “Save” icon to save the setting.

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5.1.6 Setting 6

System will load the web page entered here by clicking "Market Data → Company
Announcement.

Click the “Save” icon to save changes.

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5.2 Password Policy

Click "Setup → Password Policy" menu item.

AyersGTS has 3 password policies:

DEFAULT - Password Policy for Trading Terminal Users

INTERNET - Password Policy for Internet Users (AyersGTS Web/ GTS Lite)
IVRS - Password Policy for IVRS Users (AyersGTS IVRS)

Select the desired policy and click “OK”.

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Settings Description
Minimum Length Minimum password length
Maximum Length Maximum password length
Maximum Failure Count Maximum times allowed for entering wrong
passwords
Minimum Numeric Digit Minimum numeric digit within the password
Length
Maximum Inactive Day Maximum inactive days allowed
Password History Size Maximum times allowed to use the old password
when entering/changing new password
Change Password Alert Day Alert user to change password after this day count
Password Expiry Day Password will expire after this day count
Force User Change Check this box to force user to change password on
Password On Next Login next login
Force User Change Check this box to force user to change password
Password When Alert when alert
Force User Compose User must save a password with 1 Special
Password By at least 1 Character, 1 Upper Case Letter, 1 Lower Case
Special Character, 1 Upper Letter and 1 Numeric Digit
Case Letter, 1 Lower Case
Letter and 1 Numeric Digit
Force User Compose User could only save a password with
Password By AlphaNumeric AlphaNumeric Only
Only

Click the “Save” icon to save the modified setting.

If using the “Force User Compose Password By at least 1 Special Character, 1 Upper
Case Letter, 1 Lower Case Letter and 1 Numeric Digit” function, the system will prompt
an error message if inputting a password that does not include 1 Special Character, 1
Upper Case Letter, 1 Lower Case Letter and 1 Numeric Digit in the Setup>User function.

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5.3 Currency

Click “Setup → Currency” menu item.

Move the cursor to a blank field, key in the currency code, name, exchange rate etc.;
then click “Save” button. To delete a currency, simply highlight the item, then hit the
“delete” key on the keyboard.

5.4 Bank

Click “Setup → Bank” menu item

Input the bank’s code and name, then click “Add”, choose a currency, input a bank a/c
and name; users can decide the use of the account by checking the boxes for “Deposit”,
“Payment” and “Internet?” accordingly.

Click the “Save” icon to save the modified setting.

5.5 Credit Limit Policy

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In menu “Setup → Credit Limit Policy”, click the “Open” icon and select the desired credit
limit policy. Check / Uncheck the “Enabled” box to enable / disable the credit limit
checking.

Settings Description
Alert If Over System will alert if trade amount higher than the
setup amount.
Need Approval If Over System will need approval if the trade amount
higher than the setup amount.
Reject If Over System will reject if the trade amount higher than
the setup amount.
Mandatory Limit (If any) System will refer to the exchange mandatory limit
Applied to Product Types This column indicates this policy applied to which
products. “EQTY” indicates Equity product; while
“FUT” indicates Futures product and “OPT”
indicates Options product

Click the “Save” icon to save the modified setting.

There are 3 levels of policies, which are for all clients (“global”), for various client
account types, and for individual clients.

The client policies take utmost precedence, followed by the client account type policies,
then the global one. System will first inspect the policies set for individual clients, if no
policy is set, it will go to next level which is the policy for client account type; and if no
policy is set in client account type, it will follow the global policy.

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5.6 Approval Level

User can assign particular “Approval Level” to every user account. “Approval Level”
controls what credit limits that the user can approve.

To create “Approval Level”, simply click “Setup → Approval Level” menu item.

Click “Add” to choose which trading limit to apply.

Settings Description
Max Client Exposure Setting the limit that a user can approve
Max Daily Exposure Setting the accumulative daily limit that a user can approve

Click the “Save” icon to save the modified setting.

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After creating the approval level, select the user from menu “Setup → User”, to assign
corresponding approval level.

Click the “Save” icon to save the modified setting.

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5.7 User Group

Every user can be assigned to one (or more) user groups. Each user group may have
different functions’ access rights.

E.g. User Group U1 can access functions F1 and F2, while User Group U2 can access
functions F2, F3, F4.

Any user assigned to User Group U1 will have access for functions F1 and F2.
For users assigned to both User Groups U1 and U2, they will have access for functions
F1, F2, F3 and F4.

To create a new user group, click “Setup → User Group” menu item

Click “Add User” to add desired user into the user group or “Delete User” to delete the
selected users in the grid.

If this is a user group for GTS Lite, please check the “Web User Group” box.
If the “Web User Default Group” box is checked, this Web User Group will be defaulted
in the “Setup“→”User (GTS Lite)”

Click the “Save” icon to save the modified setting.

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To specify the user access right for a user group, switch to the “Group Access Right” tab
page.

To let a user group access all functions, check the “Access All Functions” box.
If user wants to define the access scope, check the individual function’s access right
boxes.

Click the “Save” icon to save the modified setting.

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5.8 User

5.8.1 Introduction

To create/modify settings for users, click “Setup → User” menu item.

To create a new user, simply click “Setup → User” menu item, input the user information,
then press the “Save” icon. If the user account is locked by entering incorrect passwords
too many times, user can click the icon to reset the password. In case an AyersGTS
Lite user account is locked, click the icon to send the user the code and password

Note: When setting up a GTS Lite User account, need to select “WEB” as client type.

After inputting User Code and Password, user can choose “Password Never Expires”
function. If user does not check this box, the user account will follow the Password
Policy setting.

“Force User Change Password On Next Login” – to force user to change password on
next login.

“Use This User’s Desktop Setting As Default” – you may use any user’s desktop as your
default desktop.

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“Disable Report Save Function” and “Disable Report Print Function” – user could only
read the reports, but could not print or save reports. This could protect the privacy of the
clients.

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5.8.2 Belong To User Group

On the “Belong To User Group” page, click “Add User Group” to assign user group for
the user; or “Delete User Group” to remove the user for any assigned user group. In
case you need to add/remove the user’s access right, switch to the “User Access Right”
page.

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5.8.3 User Access Right

If user wants to Add or Delete the access rights for certain user account, choose the
“User Access Right” Tab.

Click the “Save” icon to save the modified setting.

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5.8.4 Remark

On the “Remark” tab page, user may setup the Price Quote account settings. After
inputting the User Id and Password into the “Remark” to allows user to login
automatically to their Price Quote Windows.

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5.8.5 Managed Client Account

Every user can access particular clients or client group’s data. To setup the user’s client
access right, click on the “Managed Client Acc” tab page.

To allow a user to access all clients’ data, check the “Access All Client a/c” box; or you
can define the access scopes by:

1. Managed AE group – user can access all clients of those AE(s) that are in that AE
group.

2. Managed AE – user can access all clients of that AE.

3. Managed Client – user can access specific client’s data.

4. Managed Client Order Group – user can access all clients of those clients’ that are
in that Client Order Group

Click the “Save” icon to save the modified setting.

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5.8.6 Trading Limit

On the “Trading Limit” tab page, you may add various trading limits for individual users.

Click the “Save” icon to save the modified setting.

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5.8.7 Setting

On the “Setting” tab page, you can customize settings for individual users. You may also
change the settings by selecting “Settings → Change User Setting” menu item.

Click the “Save” icon to save the modified setting.

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5.8.8 Shortcut Key

On the “Shortcut Key” tab page, you can customize various shortcut keys for individual
users. You may also modify the settings by selecting “Settings → Change User Setting”
menu item.

Setting Description
Move Cursor When Buy/Sell This function is only applicable for Order Input (HK
Pressed Stock, Layout 4). Once selected, when you press
the “Buy” or “Sell” button, the cursor will
automatically move to the Price field.
Market Order = Once configured, the Buy/Sell price will be set as
Best Bid/Ask+___ Spread the best bid/ask price -/+ the desired number of
spreads.
Scroll Mouse Wheel Will The number of price spreads change when scrolling
Change Price ___ Spread the mouse wheel.
Scroll Mouse Wheel Will The number of quantity change when scrolling the

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Change Quantity ___ mouse wheel.

Buy Press the shortcut key to buy.
Sell Press the shortcut key to sell.
Sell Portfolio Press the shortcut key to sell all of the specific
product.
Buy Market Press the shortcut key to buy at market price.
Buy Best Ask Press the shortcut key to buy at the best ask price.
Buy Best Bid Press the shortcut key to buy at the best bid price.
Sell Market Press the shortcut key to sell at market price.
Sell Best Bid Press the shortcut key to sell at the best bid price.
Sell Best Ask Press the shortcut key to sell at the best ask price.
Price Up Press the shortcut key to increase the price.
Price Down Press the shortcut key to decrease the price.
Qty Up Press the shortcut key to increase the quantity.
Qty Down Press the shortcut key to decrease the quantity.
Hold Last Own Order Press the shortcut key to hold last input order.
Hold All Own Order Press the shortcut key to hold all input orders.
Release Last Own Order Press the shortcut key to release last input order.
Release All Own Orders Press the shortcut key to release all input orders.
Cancel Last Own Order Press the shortcut key to cancel last input order.
Update Last Own Order Qty Press the shortcut key to update last input order.
Cancel All Own Orders Press the shortcut key to cancel all input orders.
Go To Next Window Group Press the shortcut key to go to the next window
group.
000000 Press the shortcut key to input 000000 to the Order
Input Layout.
Cancel All Own Buy Orders Press the shortcut key to cancel all own buy orders.
Go To Client Press the shortcut key to move cursor to the client
field.
Go To Product Press the shortcut key to move cursor to the
product field.
Go To Price Press the shortcut key to move cursor to the price
field.
Go To Qty Press the shortcut key to move cursor to the
quantity field.
Go To Order Type Press the shortcut key to move cursor to the order
type field.
Lock / Unlock Client Press the shortcut key to lock/unlock the client field.
Lock / Unlock Product Press the shortcut key to lock/unlock the product
field.
Lock / Unlock Price Press the shortcut key to lock/unlock the price field.
Lock / Unlock Qty Press the shortcut key to lock/unlock the quantity
field.
Lock / Unlock Type Press the shortcut key to lock/unlock the order type
field.
List Active Clients Press the shortcut key to display active clients.
Portfolio Press the shortcut key to display client account
portfolio.
Enquire Order Press the shortcut key to enquire an order.
Enquire Transaction Press the shortcut key to enquire a transaction.
Send Press the shortcut key to send an order.
Clear Current Field Value Press the shortcut key to clear the current field.
Clear Press the shortcut key to clear all fields.

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Update Last Own Order Price Press the shortcut key to update last input order’s
price.
Settle Last Own Trade Press the shortcut key to settle last trade.
Go To Next Window Press the shortcut key to go to next window.
000 Press the shortcut key to input 000 to the Order
Input Layout
000000000 Press the shortcut key to input 000000000 to the
Order Input Layout
Cancel All Own Sell Orders Press the shortcut key to cancel all own sell orders.

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5.8.9 Exchange

On the “Exchange” tab page, you can preset the default exchange, order type and order
input function for users. You may also modify the settings by selecting “Settings →
Change User Setting” menu item.

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5.9 Resetting User Password

To reset a user’s password, select “Setup → User Reset Password” menu item
Input the user code that needed password reset.

In case if the user account get locked for entering incorrect passwords too many times,
click the icon to reset password, then user may then use the old password to login.

In case an AyersGTS Lite user account is locked, click the icon to send the user
code and the new auto-generated password.

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5.10 User (GTS LITE client)

To create / setup a user, click “Setup → User (web client)” menu item

For users logging in via Internet (using AyersGTS Lite), select type as “WEB” (i.e. this
account is for GTS Lite users only). Input the “User Code”, “User Password”, “Client
account”, then select “Belong To User Group, and click the “Save” icon to save the
modified setting.

User needs to input the user code and the managed client account code. If the box “Auto
Generate Password And Send User Open Email” is checked, our system will send the
welcome email which contains the password to the client’s email address. If user wants
to create a password manually, uncheck that box and input the password into the
password columns.

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5.11 AE Group

An AE must be a member of an AE group. To create an AE group, click “Setup → AE

group” menu item. Enter “AE Group Code and Name”. Click “Save” to save changes.

Click the “Save” icon to save the modified setting.

5.12 AE

Click “Setup → AE” menu item

Input “AE Code”, “Name”, “Status” and “AE Group Code”, Click the “Save” icon to save
the modified setting.

Note: The AE Codes in front office and back office must always align, otherwise there
will be an error message when uploading files from AyersBOS to AyersGTS.

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5.13 Client Account Types

5.13.1 Assigning Credit Limits for Client Account Types

User can set credit limits for different client account types (e.g. cash, margin, house and
staff accounts ).
To setup credit limit, simply click menu “Setup → Client Account Type”.

Click “Open”, choose “Margin account” and click “OK”.

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Click “Add” or “Delete” button to add/ delete specific credit limit for the account type.
Press the “Save” icon to save the setting. Repeat this procedure to setup the Credit Limit
Policy for other Client Account Types.

Note: Each client may setup different credit limit settings which will override the settings
in here.

User can also setup an appropriate “Marginable Value Credit Ratio (%)” function for the
Margin type clients.

Marginable Value Basing on the client’s available purchase, the percentage of

Credit Ratio (%) total margin that the selected client account type needs to
pay.
Cash Credit Ratio (%) The percentage of net cash of the selected client account
type for buying power.

5.14 Client Group

Click “Setup → Client Group” menu item.

Input the “Client Group Code” and “Client Group Name”, and then assign appropriate
trading limits. Click the “Save” icon to save the modified setting.

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5.15 Client Order Group

Click “Setup → Client Order Group” menu item. (Remark: This function is only be
available upon request.)

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5.15.1 Add a client order group

To add an order group, fill in the “Group Code” and “Name”.

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5.15.2 Assign clients to specific order group

1. Highlight the client group

2. Input client code or browse by ‘F1’ function
3. Input the percentage for trade allocation
4. Click the “Add” button
5. Repeat steps 1-4, make sure the total percentage adds up to 100
6. Click ‘Save’ to save the new client order group

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5.15.3 Client order group shortcut key setup

Click ”Setting” → “Client order group shortcut key setup” to add a shortcut key for clients.

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5.16 Client Account

Click “Setup → Client Account” menu item.

Click the “Open” button, choose the desired “Client Account”, then press “OK”.

5.16.1 Order Notification and Price Alert Email

If orders are input through non-TS channel, GTS will send trade notification to client.
For fully executed trade, GTS will send trade notification to client immediately. For
partially executed trade, GTS will send trade notification to client after dayend cancel.

If the client does not want to receive order notification email, order notification SMS or
price alert email, the user can apply the below function and press “Save”

If checked the “Demo Account” box, this client account would only reserve for testing
purposes. All the orders placed by the Demo Account can be identified by the “-D” sign,
and all these orders will not be sent to the Exchange.

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5.16.2 Open a Web Trading Account

If the user want to open a Web Trading Account for the client, choose “Yes” from the
Internet Trading Box and press “Save”. If the user want to generate a password for the
client, click “Generate Password” and input the client’s email address, and the password
would be sent to the client’s email account.

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If the user had set the minimum length of the “Internet User Password Policy” as “8”,
while the maximum length as “15”, the system will set the medium of the minimum and
maximum value as the default length of the password. If the Internet clients want to
change the password, the length of the password must be minimum “8” and maximum
“15”.

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5.16.3 Real Time Quote Service for Internet Client

Click the Real-Time Quote Service and choose “Y” for them. Input the Real Time Quote
Service User and Password.

Press the “Save” button and “Generate Password”.

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5.16.4 IVRS Trading Service for Internet Client

If the client want to use the IVRS Trading Service, click the IVRS Trading Service and
choose “Y” for them and press “Save”.

After saving, press the “Generate Password” button.

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Input the client’s email address and click “OK”. The system will send the password to the
inputted email address.

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5.16.5 To assign a client’s credit limit and credit ratio

On the “Trading Limit” tab page, click “Add” or “Delete” to add/ delete credit limits for the
client. Press the “Save” icon to save the setting.

Press the “Save” icon to save the setting.

Marginable Value Basing on the client’s available purchase, the

Credit Ratio (%) percentage of total margin that the selected client
account type needs to pay.
Cash Credit Ratio (%) The percentage of net cash of the selected client
account type for buying power.

Note: Credit Ratio for a particular client will take priority over the in Account Type.

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5.16.6 To assign client-specific commission rate

On the “Remark” tab page, input the commission rate or the minimum commission for
this client. Click the “Save” icon to save the modified setting.

If the “Comm. Rate (%)” and “Minimum Commission” were set at different values, the
system will use the highest value for commission charge.

The figure input here is to avoid the client to spend all the net cash balance to buy stock
and the net cash balance is not enough to pay for the Commission during settlement.
The formulated commission will not be exported to back office system.

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5.16.7 Restrict clients to buy and/or sell specified products.

On the “Product Info” tab page, click “Add”; then input corresponding product codes,
check the “No Buy” and/or “No Sell” boxes accordingly.

Press the “Save” icon to save the setting

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5.16.8 Follow-up

In case a user need to record information for future follow-up, go to the “Setup → Client
Account” menu item, select the “Follow-up” tab page: click “Add” to input the contents,
then press “Save”.

To delete an item, simply highlight it and press the “Delete” button. Click “OK” to finish.

Click the “Save” icon to save changes.

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You may also view the follow-up items from “Order Input/Enq. → Client Account
Portfolio” menu item.

On the “Follow-up” tab page, you can enquire the follow-up tasks of a client; click “Add”
in case you need to input new item for the client.

To delete an item, go to the “Setup → Client Account” menu item, simply highlight the
item and press the “Delete” button. Click “Ok” to finish.

If you need to print the follow-up items, click “Report → Client A/C Report → Client
Follow-up Items Listing” menu item; input the criteria accordingly and run the report.

New function: Case No. – User can use the case no. to search the Follow-up cases in
the report.

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5.17 Generate Client a/c Password

Select the “Setup → Generate Client a/c Password” menu item.

This function is for generating Client a/c password only but not for changing client
information. Press the “Generate Password” button and input the email for the client and
press the “OK” button, system will generate and send the password to client by email.

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5.18 Setup Exchange

Click “Setup → Exchange”

Input the Exchange Code and the Name of the exchange.
In the “Default Order Input Function” could set the default Order Input Layout for placing
orders, and the “Type” could select the types of product traded such as Equity and
Futures, etc. There are different input channels, such as ”Default”, “TS”, “I”, “IVRS”,
“Mobile”

“Default” – The Default system input channel (TS)

“TS” – The trade transacted by the GTS
“Internet” – The trade transacted by the Web Trading System or the GTS LITE
“IVRS” – The trade transacted by the IVRS
“MANGO” – The trade transacted by the MANGO
“Mobile” – The trade transacted by the Mobile

On the Channel” tab, click “Add” to add channel. Double Click “Default”, “TS”, “I”, “IVRS”,
“MANGO” or “M” will show the channel setting.

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User can also setup different settings for different exchanges and channels.

Settings Description
No Order Input No order input is allowed if this box is checked.
Fast Select Range For With reference to the picture above, when updating the
order price, it will show the upper5/ lower5 range from
Price
the previously input price.
Fast Select Range For With reference to the picture above, when updating the
Quantity order quantity, it will show the upper5/ lower5 range
from the previously input quantity.
Default Order Type Set default order type for order input (for HK Stocks).
(L, E, S, I, A)
Trading Hour Set default trading hour.
Only Allow Order Input On No order input is allowed other than trade days if this
Trade Day box is checked.
Allow Conditional Order Allow conditional orders (e.g. stop limit, up trigger etc.)
No Buy Market No buying market orders allowed.
Warning If Too Far From System will popup alert if the input price is too far from
Bid/Ask the Bid/Ask price.
Warning If Too Far From System will popup alert if the input price is too far from
Nominal the Nominal price.
Warning If too Far From System will popup alert if the input price is too far from
Nominal (%) the Nominal price (in percentage).
Still Send Warning Order If checked this box, system will popup alert, but will still
send orders to exchange.
Allowed Deviation The nominal range that the system allow.
Max No. Of Lot Maximum number of lot for each order.
Max No. Of Split Order Maximum number of split order. (Maximum no. = 9).

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5.18.1 Enable/disable Order Type

On the “Order Type” tab, click “Add” to add order type.

Settings Description
Order Type Name of the order type.
Shortcut Key Order type shortcut key.
Enabled? Enable this order type if this box is checked.
Internet Trading? Enable this order type for internet trading if this box is
checked.

Click the “Save” icon to save changes.

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5.19 Setup Product Parameters

Click “Setup → Product Information”. Click the “Open” icon, to search for the product.
The fields are explained below

Function Description
1) Margin (%) Set up the Margin % of that product
2) Market Order Risk Ratio (%) When buying AO orders, the Market
Order Risk Ratio will times the Nominal
to calculate if the client have enough
cash balance to buy the AO order.
3) No Buy Cannot buy this product
4) No Sell Cannot sell this product
5) High Risk Product This function should be applied with the
High Risk Product Credit Limit Policy to
control loan and short sell trades.
6) No Short Sell Cannot short sell this product

Click the “Save” icon to save changes.

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5.19.1 Margin Class

Margin classes with different margin ratios can take effect when a particular client
belongs to a specific margin class. Click “Save” after making changes.

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Click “Setup → Client Account”, select the “Trading Limit” page.

If the “Margin Class” in the “Client Account” was set “(Default)”, the system will follow the
“Margin (%)” in the “Product Information” window.

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5.20 Linked Product

This function can link up the old stock code to a new stock code. When a stock code is
changed to a new one, the system will link up the old stock code to the new stock code.

Click “Setup → Linked Products” in the menu item.

If user want to add a “Linked Product”. Click “Add”, input the “Stock Code”, “Quantity”,
“From-To-Date” and press” OK”.

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5.21 IPO Stock

5.21.1 Information

Click “Setup → IPO Stock” in the menu item.

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Settings Description
Web e-IPO Checking this box will allow client to subscribes IPO
though the internet trading system
Allow Web Cancel Checking this box will allow client to cancel IPO through
the internet trading system
Suspend Margin Loan Checking this box will suspend the margin loan for clients
Start Time The Starting time of application for the IPO
End Time The Ending time of application for the IPO
Check Fund Start Time Start time of the check fund process for newly subscribed
IPO
Margin End Time End time of the check fund process for newly subscribed
IPO
Hold Fund Start Time Start time of holding client’s fund for IPO subscription
Last Deposit Time Last Deposit Time (For Reference only)
(Cheque) Last Deposit Time for Cheque (For Reference only)
Max. Loan Ratio (%) Maximum Loan in percentage per IPO subscription
Total Max Loan Amt Total Maximum Loan Amount for Margin
Max Loan Amt Per Maximum Loan Amount for each application
Application
Interest % Interest Rate (in percentage) for Margin
Interest Day Interest Day for Margin
Min Loan Amt Per Minimum Loan Amount for each application
Application
Handling Fee Handling Fee for IPO
Loan Handling Fee Handling Fee applied for margin only
Min Loan Qty The Minimum Loan Quantity for the IPO application
request
Other Allowed Loan Ratio Beside the Maximum Loan Ratio, other loan ratio that
would be able to be selected
Waive Charge For Web Checking this box would waive charge only for Web
Application Application
Application Close Time The Close Time for Application (For Reference Only)
Allotment/ Refund Date Estimated Allotment and Refund Date (For Reference
Only)
Allotment Price Allotment Price for this IPO (For Reference Only)
Listing Day IPO Stock Listing Date (For Reference Only)
Issue Price Range Issue Price Range for this IPO (For Reference Only)
Issue Shares No. of issued shared for this IPO (For Reference Only)
Prospectuses URL Type in the IPO Prospectuses web link for Web Trading
Fund Raised Fund Raised for this IPO (For Reference Only)
Other Info URL Another additional IPO Prospectuses web link for Web
Trading
Sponsor Sponsor for this IPO (For Reference Only)
Industry Industry for this IPO (For Reference Only)
Expected P/E Expected P/E for this IPO (For Reference Only)
Remark Type in any remark for Internet trading system uses

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5.21.2 Quantity/ Amount Table

User can input the quantity and amount that is available for application of IPO.
Click “Add” button, input the “Apply Qty” and “Apply Amount”, and press “OK”.
Click “Save” buton and save the changed settings.

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Other than manual input the Quantity/Amount table, user can upload the table by Excel
file. The required format is Excel 95.
Click “Upload” to upload the excel files to the AyersGTS.

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5.21.3 IPO Application

System can export the application to CCASS3 file format.

Click “Export to CCASS3 Formatted File”, input the desired date and time range, then
click “Export”.

Input file path and name, then press “Save”.

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In case you are user of both Ayers trading system and back-office system, you may click
the below highlighted button to direct export the Qty/Amount Table to Ayers BOS.

Input the file path, click “Save”.

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5.21.4 Email IPO Result to Client

Choose the “Email IPO Result to Client” in the red box. (This function is only available
upon request)

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User can also choose to send email to all clients or specific client.

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Users can import the IPO Results from the AyersBOS System. (This function is available
upon request)

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5.22 Batch Interface File Import/Export

5.22.1 Batch Interface File Import/Export - Import

Click “Setup → Batch Interface File Import/Export”.

Select the “Import” tab.

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Press the “…” button to locate the exported file from BOS. Press “Open”, and then
“ADD”, repeat step for all files. Tick the box next to the “File Type”, press the “Upload
File” and “Process” buttons accordingly.

If the upload failed, system will pop up an error message, please refer to the error
message to rectify, and press “Upload” and “Process” the file again.

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5.22.2 Batch Interface File Import/Export – Export

Click the “Setup → Batch Interface File Import/ Export” menu item; choose the “Export”
tab.

Choose the date and click on the “Add File” hyperlink. Press the “…” button, enter file
names and file types, choose a location to save the file. Press “Add” button, then “OK” to
exit.
Repeat the above for each file type. Finally, click “Export” to export files.

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5.23 Batch Interface File Import/Export Scheduler

5.23.1 Batch Interface File Import/Export – Import Scheduler

Click “Setup → Batch Interface File Import/Export” menu item.

Select the “Import” tab.

Check the box next to the target file types, input the “Import time” and check the “Enable
Scheduler” box to enable scheduler. Save the setting into the “Save Desktop Setting”
function so that the AyersGTS will load the Scheduler every time when user login.

Note: This function only works when the “Batch Interface File Import/Export Scheduler
Window” is activated.

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5.23.2 Batch Interface File – Export Scheduler

Click “Setup → Batch Interface File Import/Export”.

Select the “Export” tab.

Check the box next to the target file types, input the “Export time” and check the “Enable
Scheduler” box to enable scheduler. Save the setting into the “Save Desktop Setting”
function so that the AyersGTS will load the Scheduler every time when user login.

Note: This function only works when the “Batch Interface File Import/Export Scheduler
Window” is activated.

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6 Order Processing

6.1 Order Journal

6.1.1 Introduction

The order journal is a real time monitor screen of order status along with the order
information. Any update on the order will be broadcasted to the order journal. Multiple
windows of order journal can be launched to monitor orders of different purpose.

To launch Order Journal, click “Order Input/Enq”→ Order Journal” from the menu bar.

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The main functions of the Order Journal:

Icon Function Description

Exit Close the current order journal

Refresh Request to refresh the order status in the order journal.

Setting Configure this order journal.

Enquire Order Enquire the detail information of currently selected order

Update Order Update the currently selected order

Cancel Order Cancel the currently selected order

Acknowledge Acknowledge the currently selected order is completed (i.e.

Fully Filled, Cancelled or Rejected) and hide this order in
the order journal.
Release Release the currently selected held order, so that the order
will immediately be sent to the exchange for matching.
Client Portfolio Show the client portfolio of the currently selected order.

Filter To filter which field you want to concentrate to look at,

multiple filter can be apply at the same time
Copy To copy any trade in the Order Journal, no restrictions
apply.
Always Show Top Fix the Order Journal to see the top records
Record
Always Show Fix the Order Journal to see the bottom records
Bottom Record

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6.1.2 Configure Order Journal

Click the “Setting” icon in the order journal in order to configure the order journal.

Settings Description
Hide Remark/Reject Reason Will not show reject reason/remark
Activate Main Window Minimized Order Journal window will be
restored when new order is placed or order
status has changed
Hide Toolbar Hide the Toolbar on the top of the Order
Journal
Play Sound The system would play sound to alert when
order is updated. Only support WAV sound
format
Show Buy/Sell/All Orders A – all orders
B – buy order only
S – sell order only
Show Acknowledged Order N = show all unacknowledged orders (i.e.
hide all acknowledged orders)
Y = only show acknowledged orders
A = show all orders
Show Input Users’ Order (Not for Only show orders of a specified User. Leave
GTS Lite user) blank if wants to show all User’s orders
Show AE’s Orders (Not for GTS Only show orders of a specified AE. Leave
Lite user) blank if wants to show all AE’s orders
Show Exchange’s Orders Only show orders of a specified Exchange.
Leave blank if wants to show all Exchange’s
orders
Show Orders With Following Status Check the order status box to select which
order status to be shown
Column Sort Order Set order sort sequence in order journal

Set shortcut keys (In red rectangle Set shortcut keys for different functions of
area) order journal

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6.1.3 Filter in Order Journal

Orders can be filtered in the order journal.
Click the “Filter Orders…” button.

The filter row will be appeared as the first row of the order journal. Select the desired
criteria and input the criteria to filter the orders in the order journal. E.g. Client A/C:

The order journal will show the filtered orders only.

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6.1.4 Order Enquiry

Choose the “Order Input/Enquiry” →”Order Enquiry Function”

Input “Order Number”, and press enter. The details of the order will be shown.

If you want to search other orders, press the “?” button.

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Input the search criteria, and then press “F1 – Search”, the orders that related to the
search criteria will be shown. Choose the related orders, press “OK” to show the order
details.

Use the Order Function Menu

If you have chosen “Open Order Functions Menu (MENU)” in the “Setup>System
Setting>Setting 2>Double-Click Order Journal To Trigger” function, you can double-click
an order to use the Order Function Menu. Choose the related functions.

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6.1.5 Update Orders

Choose the “Order Input/Enquiry” →”Update Order Function”. There are 4 ways to
update the order as shown in the following:

1. Press the “Update Order” Icon;

2. Press the “Update Order” Shortcut Key F5;
3. Right-click the mouse and choose “Update Order”;
4. Double-click anywhere to open the Open Function Menu. Choose “Update Order”.

After inputting the new price and quantity, Press “Update Order” to send out the update
order.

Click on the “Adv. Setting to input References or perform Program Trade.

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6.1.6 Cancel Orders

Choose the “Order Input/Enquiry” →”Cancel Order Function”. There are 4 ways to
update the order as shown in the following:

1. Press the “Cancel Order” Icon;

2. Press the “Cancel Order” Shortcut Key F4;
3. Right-click the mouse and choose “Cancel Order”;
4. Double-click anywhere to open the Open Function Menu. Choose “Cancel Order”.

Click “Cancel Order” to cancel the order.

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6.1.7 Update/Cancel Multiple Orders

Multiple Orders could be updated together, but all the orders should have the following
same details:

1. Client Account
2. Product
3. B/S Flag

If you want to allow update/cancel multiple orders, you have to change the system
setting, and the setting will be applied to all user clients. Choose “Setup” → System
Setting” → “Setting 2”

Check the boxes “Allow Update/Cancel Multiple orders”.

Press “Save” Icon to save the setting.

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Choose the multiple placed orders by “Ctrl” Key.

Amend the order prices, and press “Update” Icon or F5. Input the new order price.

Press the “Update Order” button and multiple selected orders will be updated. If you
want to cancel multiple orders, click “Cancel” Icon. (Or press F4)

Press “Yes” to cancel multiple orders.

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6.1.8 Add/ Remove Columns

All the columns width and position can be adjusted by simply using drag-and-drop.
Moreover, columns can be added/ removed by right-clicking the mouse button and
select “Add/Remove columns” item of the popup menu. After that, all available columns
will be shown in a window.

To add column, drag one field in the above window into the order journal.
To remove column, drag one column from the order journal into the above window.

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Display Column Description Values

Status The status code of the order NEW – Pending
NEW (H) – Pending
(Order held in
system)
PRO – Processing
WA – Waiting for
approval
Q – Queued at
exchange
REJ – Rejected
PEX – Partially filled
FEX – Fully executed
Update/Cancel Show whether the order is being Update = Order is being
updated/cancelled updated

Update(WA) = Order
update is waiting for
approval

Cancel = Order is
being cancelled
Order No The unique number for each order
Client A/C Client account code
B/S B = Buy, S = Sell
Product Stock code of the order
Order Type PL = Price Limit
(For HK Futures)
AO = At-auction Market
(For HK Futures)
Limit = Limit Order
(For Global Futures)
Market = Market Order
(For Global Futures)
Price Order price
Currency Currency of the orders
Quantity Order quantity
Executed Quantity The executed quantity of an order
O/S Qty The outstanding quantity of an
order
Rejected Qty The rejected quantity of an order
Input User The user who input the order
Input Time The order input time
Icon One-click access to various
system functions
Amount The order amount
Buy Buy quantity
Sell Sell quantity
Executed Avg. Price The average price of the executed
quantity
Executed Amount The amount of the executed
quantity

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Order Status Order status in detail

Description
Acknowledge? Show whether the order has been
acknowledged
Channel Show which channel the order is Default = TS = Trading
input from Terminal,
TS = Trading Terminal,
I = Internet
IVRS = IVRS trading
system
MANGE = Mango
M = Mobile Phone
Dealer Show which dealer has taken the HKEX-BSS
order
Approve User The user who approved the order
Last CR User The last user that has made a
change request to the order
Last Update User The user who last updated the
order
Last Update Time The last updated time of order
Acknowledge Time Time when the order was
acknowledged
Validity The Validity type of this order
Order Expiry Date The Expiry Date of an “GTD”
Order
AE Account executive of the order
Client A/C Name Client name
Product Name Stock name of the order
Exchange Exchange Code of the order
Routing ID Code of routing ID
Broker Code Code of the broker
Exchange Order No. Ref. No. from exchange
Exchange Order The time of the exchange order
Time
Exchange Device The OG connecting to exchange
(OAPI for futures products)
Exchange Order Info Last Message No. from Exchange
of this order
Update/Cancel Price Show updated/cancelled price
Update/Cancel QTY Show updated/cancelled QTY
Release Condition Condition for releasing the orders
on hold (only applicable to orders
with status “Hold”)
OCO Trigger Price Trigger price of the OCO orders
Reference 1 Orders’ reference 1
Reference 2 Orders’ reference 2
Approve Reason Reason why orders need approval
No. Sorting no. in order journal
Auto-Notify Channel for auto-notifications
Channels
Order Internal Id The Internal Id of an order
CD Order No The Order No. of a CD Order This function is
available upon request

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Settle To settle the future contract (as

illustrated in the picture below)
Condition Order type and release condition
Trigger Price Trigger price of the program trade
orders
Target Price Stop limit price of the program
trade orders
Stop Price Stop limit price of the program
trade orders
Trailing Stop Price The trailing stop price of the
program trade orders
Next Trailing Stop The Trailing Stop value of a
Trigger conditional order
Fee The charges deducted temporary
from an order
Product Group Product group of the order’s
product
Contract Month/Date Month/Date of the futures
contracts
Settlement Currency The Settlement Currency of this
order
Hidden Show if there is any hidden This function is
function in the GTS available upon request
PATS Stop Price Show the Stop conditional order This function is
price for PATS available upon request
Executed Time The executed time of an order
Allocated Status The Allocated Status of an order

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6.2 Trade Journal

Click “Order Input/Enq. → Trade Journal”:

The main functions of the trade journal:

Icon Function Description

Refresh To refresh status of the items in the trade journal

Journal Setting To configure various settings in the trade journal

Show Portfolio To show the portfolio details of the current client

Filter Records To filter orders to be displayed in the trade journal

Calculate Average To calculate the average price of the trades (of

Price same client, same product and buy/sell order
type).

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Select multiple orders with same client, B/S Flag and Product.

Press the “Calculate Average Price” button and calculate the average price of the
transactions.

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In the Trade Journal Function, press “Journal Setting…” button and check the Show
Alert Window box. When any clients place, update or execute an order, there will be
alert message to notice client.

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6.3 Margin Call Journal

Click “Order Input/Enq. → Margin Call Journal”:

The main functions of the margin call journal:

Icon Function Description

Refresh To refresh status of the items in the margin call journal

Journal Setting To configure various settings in the margin call journal

Filter Records To filter orders to be displayed in the margin call journal

Print To print the margin call journal

Force Settle For the Margin Call clients, user can force settle the
products that they own.

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Journal Setting:

User can set different filtering ratios for the margin call journal. If the client’s Margin % is
falling below of the Force Settle Ratio will be highlighted in red colour, while falling below
the Margin Call Ratio will be highlighted in yellow colour. The client’s Margin % falling
over the “Only Show Client a/c with Margin Ratio (%)” will be filtered out of this Journal.

If the user ticked the “Alert New Margin Call Client”, the system will prompt an alert
message when a new client is included by the journal.

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6.4 Input Order

There are several layouts to input orders into AyersGTS

6.4.1 Using Order Input Screen (Equity)

Order Input (HK Stock)

Click “Order Input/Enq.” → “Order Input (HK Stock)”

HK Stock, Layout 1

Click “Order Input/Enq.” → “Order Input (HK Stock, Layout 1)”

The check box allows you to lock the inputted field. Inputted field will retain on the next
order if checked.

HK Stock, Layout 2: For Keyboard Use

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Click “Order Input/Enq.” → “Order Input (HK Stock, Layout 2: For Keyboard Use.)”

On the “product” field, input product code, then press “?”, a window will be shown –see
next page.

To change Shortcut key, click and press a desire key as a Shortcut Key.

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E.g. Input product code and then press the shortcut key (F7 for Buy, F9 for Sell), the
next screen will appear as follow:

If you want to change order, you can press “Esc” and return to the initial window.

HK Stock, Layout 3

Click “Order Input/Enq.” → “Order Input (HK Stock, Layout 3)”

User can press “Max” to calculate the maximum quantity of one particular product that
the chosen client can buy.
User can press “Sell Max” to calculate the maximum quantity of one particular product
that the chosen client can sell.
User can check the “Hold” box to keep the order in the Server.

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HK Stock, Layout 4

Click “Order Input/Enq.” → “Order Input (HK Stock, Layout 4)”

Press the icon to setup shortcut keys. The shortcut key setup page can set for a
59-keys keyboard and MWS keyboard.

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HK Stock, Layout 5

Click “Order Input/Enq.” → “Order Input (HK Stock, Layout 5)”

After the user inputted the product and price, pressing the “Max$” button would allow the
user to buy the product by the specified budget in maximum quantity.

If “AO” is checked, the order type will then change to “At Auction Market” Order. If
unchecked, the order type will load the order type setting from “Default Order Type” in
“Setup → Exchange”.

HK Stock, Layout 6

Click “Order Input/Enq.” → “Order Input (HK Stock, Layout 6)”

User can enquire different stocks’ bid/ask price, volume and transaction amount, etc.

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When the user clicked the Bid price, the system will prompt a sell order input window;
when the user clicked the Ask price, the system will prompt a buy order input window. So
the user can place the order immediately. (As below figures)

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HK Stock, Layout 7

Click “Order Input/Enq.” → “Order Input (HK Stock, Layout 7)”

Unless you press ‘TAB’, cursor in this layout stays in the field ‘Product’ with market price
auto-filled after pressing ‘ENTER’. This makes price-checking more convenient.

HK Stock, Layout 8

Click “Order Input/Enq.” → “Order Input (HK Stock, Layout 8)”

After inputting the Buy/Sell flag, client and product code, the required cash amount and
the maximum order quantity will be automatically calculated.

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6.4.2 Order Input (Global Market)

Order Input (Global Market)

Click “Order Input/Enq. → Order Input (Global Market)” menu item.

All the Global Market Order Input Layout can choose the Market of the Product.

Fill in the order information. Click Buy/ Sell button or press “F7/ F9” key to send order. To
clear all input information press “Esc” key.

The check box allows locking of the information field. The information will retain after the
order is sent.

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Global Market, Buy Only

Click “Order Input/Enq.” → “Order Input (Global Market, Buy Only)”

This layout is for Buy Only.

Global Market, Sell Only

Click “Order Input/Enq.” → “Order Input (Global Market, Sell Only)”

This layout is for Sell Only.

Global Market, Layout 1

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Click “Order Input/Enq.” → “Order Input (Global Market, Layout 1)”

Global Market, Layout 2

Click “Order Input/Enq.” → “Order Input (Global Market, Layout 2)”

The (Global Market, Layout 2) have added the “Target Price”, “Trigger Price” and the
“Trailing Stop” columns for the TCLS orders. This layout has only included this
conditional order option.

E.g. Bid price is “132.2”, Target price is “20”, Trigger price is “20”, Trailing stop is “0”

If you want to buy an order with order price “132.2”, when this order is executed, the
system will send out a stop profit order. If the target price is set “20”, the system will send
out an order with “20” spread higher than the order price to stop profit; if the nominal of
the stock has fallen “20” spread lower than the bid price, the system will cancel the target
price order and send out an order with “20” spread lower than the original order price.

If checked the “Mkt” box, a market price order will be sent. User can input the order price
equal to the number of price spread away from the bid/ask price.

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“Cancel all” function: After the user inputted the “client code” and “product”, press the
“Cancel all” button will cancel all the orders inputted by this client and the product code.
If the user has ticked the Confirm Before Cancel/Close All” box, the system would
prompt a confirmation box before cancelling:

Click “Yes” if user confirms to cancel all orders from this client and product.

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“Close All Position” function: After inputting the client account and product, press the
“Close All Position” function, the system will settle all the orders of the specified product
of that client account.

If the admin user does not want to enable these functions for other users, please check
the “Disable Cancel all”, “Disable Close All Position” and “Disable Time-To-Send Date”
boxes.

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Market Order Input (Global Market)

Click “Order Input/Enq.” → “Market Order Input (Global Market)”

This layout can set the Bid/Ask spread of a market order, and the number of spread has
no limitation.

E.g. 1) If the market order spread is set to “+/-5” to buy, then the system will buy the
product within the upper 5 price spreads from the best ask price.

E.g. 2) If the market order spread is set to “+/-5” to sell, then the system will sell the
product within the lower 5 price spreads from the best bid price.

If the order cannot fully executed within the price spread range, the system will then
changed to use Price Limit Order type to queue at market using the best price for the
outstanding QTY.

“Order Input” fields are explained below:

Field Description
Buy/Sell “1”=Buy or “3”=Sell
Client A/C Input Client a/c, or you can use shortcut key to input, see
Section “Create shortcut key input for client account” below, or
you can press “F1” to search
Product Input Market and Stock Code, or you can press “F1” to search
Price “+” = add one spread, “-“ = subtract one spread
Quantity Quantity of an order

After filled all the information, click “Place Order” button to send the order. Order credit
checking will be performed before submitting to Exchange and the order will be routed to
corresponding entities according to the result.

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6.4.3 Program Trade (HK Stock)

AyersGTS supports program trade. A “hold” order is an order which will be pending in
AyersGTS trading server and will only be released to send to exchange under fulfilling
specific condition.

Click on the Adv. Setting button for order release condition:

1. Send Now

If selected “Send Now”, the order will be send to market now.

2. Hold

If selected “Hold”, then the order will be kept in the system. You can release the hold
order anytime by choosing the “Hold/Release” button.

3. “Stop Limit”

E.g. If the nominal price is at $70, and we want to place a “Stop Limit” enhanced limit
sell order of QTY 1,000 of product: 1, at price $69.5, and a trigger Price at $69.5.

Click on “Advanced Setting” button. Choose “Stop Limit” and input $69.5 in trigger price.
Press OK to continue.

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The order will be shown in Order Journal as above.

If Nominal reaches the Trigger price, the order will be released to the market.

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4. “Trailing Stop”

If user wants to use the Trailing Stop function, user should tick the “Trailing Stop” box
and enter the price spread unit for this function.

E.g. If user input “0.05” in the “Trailing Stop” column, this means that if the nominal price
increases every 0.05, the Trigger Price and the Order Price will increase 0.05 as well.
This function would only proceed if the nominal price increases only.

When the Trigger price is equal to the Nominal price, the system will release the order to
the market.

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5. “Up Trigger”

When nominal drops and reach the down trigger price, the order will release to the
market.
E.g. If nominal is at $70, when nominal reach the up trigger price $70.5. The order will
then release to the market.

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6. “Down Trigger”

When nominal drops and reach the down trigger price, the order will release to the
market.

E.g. If nominal is at $70, when nominal reach the down trigger price $69.5. The order at
$69.5 will then release to the market.

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7. “One-Cancel-Other” (OCO)

E.g. If the nominal is $70, place an “OCO” order of selling QTY 1,000 of product: 1 at
price $70.5. If the nominal has fallen to the trigger Price $69.5, the system will sell the
product at $69.5. The image below shows how it is configured:

If nominal has reached $69.5, then the initial sell order of $70.5 will be automatically
cancelled by system and place a new order with a selling price $69.5.

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8. Time to Send”

To set the date/time to send the order to market, follow the below steps:

Input the date and time to send, the order will then be kept in the system until the input
date/time.

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9. “Market If Touch”

“MIT” does not consider whether the nominal rises or falls, once the nominal reaches the
trigger price, the order will be released to market.

Input the client code, product, price and quantity. Click the “Buy” or “Sell” button, the
system will keep the order in the server. If the nominal reaches the Trigger Price, the
system will release the order to the Market.

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10. “Order Closed by OCO”

E.g.) first, the system will send an order by order price at “99”. When the buy order is
fully executed, the system will generate a stop profit order at “99.1”. If the nominal meets
the trigger price at “98.9”, the system will cancel the stop profit order $99.1 and generate
a sell stop loss order at “98.9”.

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6.5 Order Input Quantity Selector

User can open the “Order Input Quantity Selector” and the “Order Input” windows. When
clicking the “2K” button in the “Order Input Quantity Selector” window, the Order Input
window will show 2000 as quantity.

User can right-click the “Order Input Quantity Selector” and select “Edit” button to
change the default setting of the quantity.

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6.6 Order Shortcut key

You can define shortcut keys by clicking in Order Input.

To create new shortcut key, click icon. To edit existing shortcut, double-click on the

shortcut key record or click. . Click icon to delete shortcut key.

Input the information you want the shortcut key represents. If there is some unknown
information about the order, leave the column blank until the time when placing orders.

E.g. To set shortcut key “F5” represents “Buy 00005 using limit order type”, (as above
screen). Click “OK” to save the shortcut key.

E.g. to buy 00005 using limit order type, Press shortcut key “F5”, the “Order Input
Screen” will be shown and all the predefined information will be auto-filled.

Input the “Price” and “Quantity”, then click “Send” to place the order.

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6.7 Input executed orders

If there are some orders which are executed externally, through the Manual trade or Odd
lot trade, user can input a executed order to update the transaction record of AyersGTS
and match the transaction record from CCASS..

To input executed orders, click “Order Input/Enq. → Executed Order Input” menu item.

Input the required information and click the “save” icon to save the order.

Note that order no. of executed order will have “-E” suffix to differentiate from normal
orders.

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6.8 Input IPO Subscription

Users can Apply IPO by “Order Input/Enq” → “Input IPO Subscription”.

Choose the desired Stock in the Select Application page and press “OK”

Input the Client Account Code, Apply Qty, Loan Amount %, Interest % and Remark.
And then press “Send”. The IPO is successfully subscripted.

You may check the Available Loan Amount every time before subscription. Every time
the client apply loan, the Available Loan Balance will reduce.

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6.9 Input IPO Subscription (Layout 1)

Users can Apply IPO under “Order Input/Enq. → Input IPO Subscription (Layout 1)”.
Choose the desire Stock and press “OK”.

You may check the Available Loan Amount every time before subscription. Every time
the client apply loan, the Available Loan Balance will reduce.

Input the Client Account Code, Apply Qty, Loan Amount % and Remark. Press “OK”.
The IPO is successfully subscripted.

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6.9.1 Cancel subscribed IPO

Users can cancel the Subscripted IPO under “Credit Officer” → “Input/Cancel IPO”

Click “Order Input/Enq” → “Input/Cancel IPO”. Choose the desire Stock and press “OK”.

Choose the desired Client AC and click “Delete”, then Click “OK” to confirm.

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6.10 Client Account Portfolio

6.10.1 Portfolio

Click “Order Input/Enq → Client Account Portfolio” menu item.

User can enquire a client’s information including cash balance, product balance,
purchase limit and loan limit, etc.

1. Net Cash Bal. – The Cash Balance of the client account (in HKD)
2. Purchase Limit – The Purchase limit which would restrict the buying power of the
client (Including the Marginable Value).
3. Loan Limit – The Loan Limit which would restrict the buying power of the client
(Excluding the Marginable Value).
4. Portfolio Value – Net Cash Balance + Market Value of the Client
5. Used Purchase – Value of the Outstanding Order X Marginable Ratio%
6. Avail. Purchase – Purchase Limit + Net Cash Balance + Marginable Value – Used
Purchase
7. O/S Buy – Value of the Outstanding Order
8. Avail. Loan – Loan Limit + Net Cash Balance – O/S Buy

User can click the “Sell” link of the product to sell all the quantity of the product.

User can also click (buy) or (sell) icon to place order. User can also use the

short-cut key to place order. To configure the Short-cut key, click icon.

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Double-click on currency to show client’s cash balance and other information in client
account portfolio (If BackOffice System provides that information to AyersGTS).

In Client Account Portfolio, you can inspect the Portfolio, O/S Orders, Today’s Order,
Today’s Trade and Info, Trade Allocation, Follow-up and IPO.

6.10.2 O/S Order

“Update Order” and “Cancel Order” can also be done here on “O/S” tab in “Client
Portfolio.

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6.10.3 Today’s Order

On “Today’s Order” tab, you can inspect all the orders for today.

Acknowledged orders can be sorted by “Show Acknowledge Order” and “Show

Un-Acknowledge Order” buttons.

6.10.4 Today’s Trades

On “Today’s Trades” tab, you can inspect the Profit/Loss for all of the executed trades
for today.

Today P/L = Nominal Price X Quantity – Average Price X Quantity.

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6.10.5 Info.

On “Info” tab, you can inspect the client’s general information.

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User can also click the “Other Info.” button to enquire other information.

User can only read but cannot edit the information in the Info. Tab.

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6.10.6 Trade Allocation

On the “Trade Alloc.” tab, all trades which had been allocated will be listed here.

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6.10.7 Follow-Up

On the “Follow-up” tab, user can enquire those information that need to alert.

User can add more information by click on “Add” button.

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6.10.8 IPO

On the “IPO” tab, user can enquire the IPO information

6.11 Client Product Position Enquiry

Click “Order Input/Enq → Client Product Position Enquiry”.

Input the Product and Client A/C. Click “Refresh” will show all the clients who own the
product and the quantity of the product.

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6.12 Product Position Summary

Click “Order Input/Enq → Product Position Summary”.

User can enquire the product’s turnover. If user double-click the selected row, user can
see the client that holding the product and other transaction information.

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7 Credit Officer

7.1 Order Approval Journal

Click “Credit Officer → Order Approval Journal” menu item.

Click or to Approve or Reject order.

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By Double-Clicking on the Order, user can check the reject reason if the above order is
over exposure, over limit and by how much. Also credit officer could approve or reject
the order here.

Order Approval Journal has several icons performing different functions

Icon Function
Close the order approval journal

Request to refresh the journal

Setting for the Approval

Enquire which credit limit the order has been violated

Show the client portfolio

Approve the selected order

Reject the selected order

Filter the order with the inputted criteria

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7.2 Client Cash Deposit/Withdrawal

Click “Credit Officer → Client Cash Deposit/Withdrawal” menu item.

Input “Client A/C”, “Type”, “Amount”, ”Bank a/c” and then click the “save” icon.

After finishing this step, user needs to approve the transfer in the “Approve Client Cash
Deposit/Withdrawal function” to confirm the transaction.

7.3 Approve Client Cash Deposit/Withdrawal

Click “Credit Officer → Approve Client Cash Deposit/Withdrawal” menu item.

Select the deposit/withdrawal item, then click the “Approve” and the selected order will
be approved. Otherwise, click the “Reject” and the selected deposit/withdrawal item will
be cancelled.

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7.4 Reject Approved Cash Deposit/Withdrawal

Click “Credit Officer → Reject Approved Cash Deposit/Withdrawal” menu item.

This function is similar to the “Approved Client Cash Deposit/Withdrawal”, but this
function can only cancelled the approved deposit or withdrawal orders.

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7.5 Client FX Transfer

Click “Credit Officer →Client FX Transfer” menu item.

Input the client code, FX transfer currency, amount and the exchange rate details, press
the “Transfer” button. (If there is no such currency, user can add a new currency in
Setup>Currency)

User can see a deposit of A currency and a withdrawal of B currency records. Select
those records, and press “Approve” button.

User can check the Order Input/Enq>Client Account Portfolio to see the currency record
is updated.

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7.6 Client Product Deposit/Withdrawal

Click “Credit Officer → Client Product Deposit/Withdrawal” menu item.

Input “Client A/C”, “Product”, “Quantity” and then click the “save” icon

After finishing this step, user needs to approve the transfer in the “Approve Client
Product Deposit/Withdrawal function” to confirm the transaction.

7.7 Approve Client Product Deposit/Withdrawal

Click “Credit Officer → Approve Client Product Deposit/Withdrawal” menu item.

Select the deposit/withdrawal item, then click the “Approve” and the product approved. If
not, click the “Reject” and the selected product deposit/withdrawal item will be cancelled.

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7.8 Client Asset Internal Transfer

Click “Credit Officer → Client Asset Internal Transfer” menu item

Input the two client accounts that needed to undergo asset internal transfer. When user
inputted the “From Client A/C” column, user can see the cash and product positions of
that client. If user checked the box next to the cash or product position, the selected item
will be transferred to the “To Client A/C”.

Click “Order Input/Enq. → Client Account Portfolio” menu item can do the enquiry for this
transaction.

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7.9 Client Account Trade Allocation

Click “Credit Officer → Client Account Trades Allocation” menu item

If the user have placed an order for a wrong client account, the user can user the “Credit
Officer → Client Account Trades Allocation” function to allocate the order back to the
right client.

Input the client A/C needed to be allocated, and user can see all the orders transacted of
the client today. Select the order needed to be allocated and press the “Allocate” button.
Input the Allocated To account and quantity, and press the “OK” button.

User could also allocate all the trades from one client to another. Click the “Allocate All”
and input the client A/C, and press the “OK” button.

Click the “Save” icon to save the changes

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7.10 Allocate executed trades into other client A/C (Same

Average Price)

Click “Credit Officer → Client Account Trades Allocation” (Same Average Price) menu
item

This function can allocate orders with different executed prices by the same average
price.

Click the “Allocate With Same Average Price” button, input the “Client Account” and the
“Quantity”, and press “OK”. If user wants to cancel the allocation, select the order and
press “Remove Allocation”.

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Click “Allocate All” will allocate all orders from one client to another client by average
price.

Click the “Save” icon to save the changes

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7.11 Client Account Order Trades Allocation

Click “Credit Officer → Client Account Order Trades Allocation” menu item.

This function can allocate orders by inputting the order number.

Input the order no. and the client a/c, click the “Allocate” button, and all the executed
quantity will be allocated to the target client. If the allocation needs to be cancelled,
press the “Remove Allocation” button.

Open “Order Input/Enq.” → “Client Account Portfolio” → “Trade Alloc.” tab can enquire
the allocated orders of the client.

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7.12 Client Group Turnover Monitor

Click “Credit Officer → Client Group Turnover Monitor” menu item.

This function shows the company’s B/S order turnover.

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8 Market Data

8.1 Real Time Price Quote (AAStock, HK)

Click “Market Data → Real Time Price Quote (AAStock, HK)” menu item.

User can launch the “Real Time Price Quote” to do trading.

Double-Click the broker queue summary will launch the “Order Input Screen” with “Stock
Code” and “Price” being auto-filled.

Input the “Client Code” and click “Send” to submit the order.

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8.2 Real Time Price Quote Summary (All Markets)

Other than HK Market, user can use the “Market Data” → “Real Time Price Quote
Summary (All Markets)” to enquire the Global Stock Price to do trading.

Click “Market Data → Real Time Price Quote Summary (All Markets)” menu item.

Right-click on the “BVol”, “Bid”, “Ask”, “AVol” will open the price spreads selection. Click
on the price will launch an Order Input window with product code and price auto-filled in.
Double-click on the Nominal price column will also launch an Order Input window.

Click Up/ Down arrow to move product Up or Down.

To remove product from price quote window, right click on the selected row and choose
“Remove Selected Product(s).

User can open up to 3 “Real Time Price Quote Summary (All Markets)” Windows at the
same time.

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8.2.1 Add Columns

Right-click the product of the “Real Time Price Quote Summary (All Markets)”, and
choose “Add Column”.

All the columns width and position can be adjusted by using drag-and-drop. Moreover,
columns can be added or removed by right-clicking the mouse button and select the
“Add columns” item from the popup menu.

To add new columns, drag the fields in the above window into the price quote window.
To remove columns, right-click in Order Journal, then choose “Hide Column”.

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8.2.2 Hide Product Input

To Hide Product Input, right click on the price quote window and choose “Hide Product
Input” to hide product input.

To show the product input box again, right click on the price quote window and disable
“Hide Product Input”.

User can also press the “Quote Request” button, to enquire the price from the “broker”.

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8.2.3 “Show Price Depth”

Right click on the selected row from the price quote window and choose “Show Price
Depth”.

Double-click on the “BVol”, “Bid”, “Ask”, “AVol” will launched an Order Input window with
product code and price auto-filled in.

Click on the “Reset to Market Depth View” button will show the market depth for all the
products as the below screen.

Click on the Bid/Ask price spread will launch an Order Input window with product code
and price auto-filled in.

If user wants to change back to the Summary View, click the “Reset to Summary View”
button.

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8.2.4 Show Intra-Day Chart

Right-click on the product, then select “Show Intra-Day Chart”.

The intra-day chart shows the product price trend and turnover. Right-click within the
window can change its appearance, foreground / background colors, and font types /
sizes from the pop up menu.

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Press the “+” button will zoom in from this graph as below screen:

Press the “-” button will zoom out from this graph as below screen:

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Select “Add Indicator… (Beta Use)” to add different indicators to the graph.

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8.3 Real Time Price Quote (HK Market Layout 4)

Click “Market Data → Real Time Price Quote (HK Market Layout 4)” menu item.

AyersGTS system can support AMS/3.8 system, and the “Real Time Price Quote, (HK
Market, Layout 4)” Window can enquire 10 price spread away from the best Bid/Ask
Price.

User can open up to 6 “Real Time Price Quote, HK Market Layout 4” Windows at the
same time.

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9 Dealer

9.1 Dealer Order Journal

Click “Dealer → Dealer Order Journal” menu item.

When there is a disconnection for the system, some orders will lose connection with the
exchange, and these orders could not be cancelled in the Order Journal. This time user
should contact the exchange to enquire if the order is executed or not.

1) If the order has been executed already, user should select the order and click “Fully
Execution” or “Partial Execution” button.
2) If the order has be cancelled already, user should select the order and click “Reject”
button to release the hold fund from the outstanding orders.

There are other functions in the Dealer Order Journal:

Icon Function Description

Exit Close the current dealer order journal

Refresh Request to refresh the order status in the dealer order

journal.
Setting Configure this dealer order journal.

Enquire Order Enquire the detail information of currently selected order

Filter To filter which field you want to concentrate to look at,

multiple filter can be apply at the same time
Release Release the currently selected held order, so that the order
will immediately be sent to the exchange for matching.
Always Show Top Fix the Order Journal to see the top records
Record
Always Show Fix the Order Journal to see the bottom records
Bottom Record

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9.2 Start OG (BSS System)

Click “Dealer → BSS Functions → OGSTART/STOP” menu item.

Select “OG” and click “OK”

Enter “Trader ID” and “Password” and click “Start” button.

Click “Refresh Status” to enquire connection status. “OK” indicates the connection is
established. “Disconnect” indicates the connection is disconnected. One of the users
should connect the OG every trade day before trading hour, and the OG will be
disconnected automatically after market close.

If the OG is disconnected because of default, user should tick the “Full Trade Recovery”
box before starting the OG in order to retrieve the trade data before the disconnection.

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9.3 Manual Trade (BSS System)

Click “Dealer → BSS Function → Manual Trade Input and Enquiry” menu item.

A manual trade is a trade concluded by Exchange Participant(s) not through the AMS.
The selling party is responsible to report the trade details to the Exchange through the
AMS.

From the input screen, choose “M” in the “type” column for Manual Trade.
You could also choose “L” - for Odd/Special Lot, “R” – for Pre-opening session and “V” –
for overseas market.
If you are doing manual trade with other broker, choose “Sell” for the “B/S type”. After
inputting the Client A/C, Product, Price and Qty, then input the Counter Broker number
and click the “Save” button. If you are going to do a Cross Trade, please leave the
Counter Broker field blank.

The order with order number follow by –M will be shown in the order Journal.

When other broker wants to send a manual trade to you (The order will be defaulted as
executed trade, unless the manual trade order is rejected by the user), please input the
manual trade into executed trade using the executed order input function in order to
notify the AyersGTS that the order was executed in the Exchange.

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9.4 Odd/Special Lot Order Input (BSS System)

Click “Dealer → BSS Function → Odd/Special Lot Order Input” menu item.

An odd lot trade is a trade with the quantity of shares less than one board lot.

For buying or selling odd lots, input Client A/C, product code, price, quantity and click on
save button.

The odd lot orders with order numbers follow by –S will be shown in the order journal.

Other than placing an order to the market, user can match the queued order in the
market.

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9.5 Odd/Special Lot Trade Match and Enquiry (BSS System)

Click “Dealer → BSS Function → Odd/Special Lot Trade Match and Enquiry” menu item.

For enquiring other broker’s odd lots, user should input the market type (e.g. MAIN or
GEM) and product code and click on the “Retrieve Odd/Special Lot Order” button.

In order to accept the queued orders from the market, highlight the desired order, input
the exact number of the Qty that matches with the selected trade and click on the “Match
Order” button. User need to input an Executed Order in the “Executed Order Input”
function to add an odd lot transaction record to the AyersGTS system.

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10 Report

Our System already implemented the following reports for reference or export as a file.

Section Description
User Reports User Listing
User Group Listing
User Login/Logout History
Login User Listing
User Daily Approval Report
User Daily Turnover Report
User Trading Limits Listing
User access Rights Listing
User Group Access Rights Listing
Order Reports Order Log
Order Log (All) Excel Export
Filled Orders Listing
Unfilled Orders Listing
Approved Orders Listing
Rejected Order (By Credit Officer) Listing
Order Listing
Order Details Listing
Order sheet
Client and Broker Trade Summary (HKEx)
Exceptional Price Order Listing
Trade Excel Export
Order Check List Report
Client A/C Client Account Listing
Reports Client Account Excel Export
Internet Client Account Listing
Client Account Trading Limits Listing
Client Account Cash Position Listing
Client Account Product Position Listing
Client Trade Summary
Client Account Cash Deposit/Withdrawal Listing
Client Account Cash Ledger Listing
Client Account Product Deposit/Withdrawal Listing
Margin Loan Report
Margin Call Report (For Stock)
Margin Call Report (For Stock, Including Client a/c Cash/Margin
Ratio)
Margin call Report By AE Group (For Stock)
Margin Call Report (For Futures/Options)
Client Account Trade Allocation Listing
Client Trade Statistics
Daily Client Trade Statics
Top 30 Client Analysis Report
Client Follow-up Items Listing
Day Trade Client Listing
Other Reports Audit Trail Listing
AE Listing
Approval Level Listing
Sent Email/SMS Listing
IPO Subscription Listing

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Suspended Product Listing

Product Information Listing
Product Trade Statistics
Product Group Listing
Product Group Trade Statistics (For Ayers Use)
Client Group Daily Turnover Report
Branch/AE Group Turnover Report
Trading Group Report
IVRS Reports IVRS Calls Report (By User)
IVRS Calls Report (By Time Slot)

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10.1 Generate report

Click “Report” on the main menu.

Choose a desired report.

Input the criteria for generating the report.

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The desired report will be generated.

10.2 Print report

Click the “Print” button on the report menu.

Select the printer and print the report.

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10.3 Copy text

You can copy the text of a report and paste on other application. For example, you can
copy the text of a report and paste on Microsoft® Word.

Click the “Copy” button on the report menu.

Go to Microsoft® Word; click “Edit → Paste” on the main menu to paste the text on the
word document.

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10.4 Search report

You can search a word or phrase in a report.

Click the “Search” button on the report menu.

A “Find” window will be shown. Input the word or phrase to be searched in the report.
Click the “Find Next” button. The searched word or phase will be highlighted in the
report.

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10.5 Single / Multiple Page View

Click the “Multiple Page View” button on the report menu.

The report will be displayed as below:

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Click on the “Single Page View” button on the report.

The report will be shown as below:

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10.6 Zoom in/Zoom out

Click the “Zoom” button or select the desired percentage on the report menu to zoom in
or zoom out a report.

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10.7 Adding Remarks in Reports

Click the “Annotations” button on the report menu to add remarks in a report.

The report will be displayed as below:

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10.8 Export report

Report can be exported into the following formats:

• rpt (Default)
• Microsoft® Excel
• Html
• PDF
• Rich Text
• Tiff

Click the “Save” button on the report menu.

Input the file name. Select the location of the file to be exported and select the desired
format. Then click the “Save” button.

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10.9 Report Job Item

Click “Setup → Report Job Item” on the main menu.

Setup the reports need to be run by batch:

a. Fill in the “Code”;

b. Fill in the “Name”;
c. Select the report;
d. Select the actions;
e. Select the format to be exported;
f. Fill in the name of the exporting report, or leave it as default;
g. Fill in the email addresses to be emailed to.
h. Can copy the existing report job items and save as a new item.

Repeat the settings for all report job items.

Noted that this function should be applied together with “Setup → Report Job” and
“Report → Run Batch Report Jobs” functions.

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10.10 Report Job

Input the “Code” and “Name”, and add the saved Report Job Item into the Report Job
folder, and press the “save” button. Then user can save different report job items
combinations into different report jobs, and different departments and staffs can print
different report jobs combinations without repeating input the same information every
time.

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10.11 Run Batch Report Jobs

Click “Report → Run Batch Report Jobs” on the main menu.

a. Select the path of the report to be saved;

b. Input the date of the report folder generated.
c. Select the actions, (Do not need to set again if the actions was set before);
d. Click ”Run Report” to run the batch jobs.

After generated the reports, please check the messages to confirm all the reports are
generated successfully.

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10.12 Open an existing report

Report Viewer can only browse reports with “rpt” format.

Click “Report → Report Viewer” on the main menu.

The report Viewer window will be shown.

Use the “Browse” button to locate the existing report.

Click “Open” and then “Run Report” to open the report.

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11 System Setting

11.1 Product (For SYS use only)

User can enquire or amend the product details, status or expiry date. (Used when there
are mistakes in downloaded market data)
E.g. Sub Type: EQTY means that the product is an equity
WRNT means that the product is a warrant
TRST means that the product is a trust

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11.2 Exchange Holiday (For SYS Use Only)

Click “System → Exchange Holiday (For SYS Use Only)” on the main menu.

You can set holidays for different exchanges (as below):

Select an exchange, then click “Add” to input holidays for the exchange.

If user wants to cancel a holiday, select a holiday and press “Delete”.

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After setting up the exchange holidays, click “Setup → Exchange” on the main menu;
then double-click on “DEFAULT” on the “Channel” tab page.

If user ticked the box “Only Allow Order Input on Trade Day”, this function will utilize the
exchange holiday information to reject orders placed on these set days.

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12 Recommended Daily Operation Flow

The recommended daily operation flow is shown as follows (For HK Market only):

Time Task Responsible Party

Before trading hour Start OG (BSS Client Only) Broker
Make sure MWS/ OG is ready
Trading hour Input, update, enquire, cancel Broker
(HKT9:00 – 12:00); orders. AyersGTS sends orders to
(HKT13:00 – 16:00) Exchange.
After trading hour Normal trading hour ends. Broker
Print Reports
HKT16:30 All outstanding orders (except Ayers
Good-till-cancel orders) will be
cancelled. Order inputted after 16:30
will be carried forward to next trading
day.
After trading hour Export “Trade Records” and upload Broker
the “Trade Records” to Back office
for settlement.
Import the files from Back office after
settlement.
Select active clients to check records
with back office.
HKT02:00 AyersGTS system backup. Ayers

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13 Appendix A: Credit Limit Policy

There are 3 predefined Credit Limit Policy in AyersGTS terminal.

1. Buy Transaction Amount Limit – Each buy order cannot exceed 50 million HKD.
2. Sell Transaction Amount Limit – Each sell order cannot exceed 50 million HKD.
3. Nominal Deviation Limit (%) – The price of order cannot deviate from nominal more
than 500%.

Click “Setup → Credit Limit Policy” on the main menu;

Click “Open” icon.

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Select desire policy and click “OK”. Tick the “Enable” box and enter require limits in each
field.

Settings Description
Alert If Over System will alert if trade amount higher than the
setup amount.
Need Approval If Over System will alert if the trade amount higher than the
setup amount.
Reject If Over System will reject if the trade amount higher than the
setup amount.
Mandatory Limit System will refer to HKEx required limit.

Policies with “(E-Channel)” are to restrict clients that use web trading. If it is not enabled,
then the same credit limit rules (without E-Channel) will be applied.

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Below is the Introduction of the Credit Limit Policies:

(Including all the Credit Limit Policies that is available in all the Exchanges)

13.1 Buy Transaction Amount Limit

Condition: Check for all Buy Orders

Calculation Formula:

Exposure = Amount of the buy order

The order will be rejected if Exposure > Reject Limit

The order will be waiting for approval if Exposure > Approval Limit

13.2 Buy Transaction Amount Limit (E-Channel)

Condition: Check for all Buy Orders

Calculation Formula:

Exposure = Amount of the buy order

The order will be rejected if Exposure > Reject Limit

The order will be waiting for approval if Exposure > Approval Limit

13.3 Sell Transaction Amount Limit

Condition: Check for all Sell Orders

Calculation Formula:

Exposure = Amount of the sell order

The order will be rejected if Exposure > Reject Limit

The order will be waiting for approval if Exposure > Approval Limit

13.4 Sell Transaction Amount Limit(E-Channel)

Condition: Check for all Sell Orders

Calculation Formula:

Exposure = Amount of the sell order

The order will be rejected if Exposure > Reject Limit

The order will be waiting for approval if Exposure > Approval Limit

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13.5 Client A/C Daily Turnover Limit

Condition: Check for all Orders

Calculation Formula:

Exposure = Amount of the sell order

The order will be rejected if Exposure > Reject Limit

The order will be waiting for approval if Exposure > Approval Limit

13.6 Client A/C Daily Buy Turnover Limit

Condition: Check for all Buy Orders

Calculation Formula:

Exposure = Amount of the Buy orders

The order will be rejected if Exposure > Reject Limit

The order will be waiting for approval if Exposure > Approval Limit

13.7 Client A/C Daily Buy Turnover Limit (Per Product)

Condition: Check for all Buy Orders

Calculation Formula:

Exposure = Amount of the Buy orders

The order will be rejected if Exposure > Reject Limit

The order will be waiting for approval if Exposure > Approval Limit

13.8 High Risk Product Buy Limit

Condition: Check for all Buy Orders

Calculation Formula:

Exposure = Buy Amount of the High Risk Product

The order will be rejected if Exposure > Reject Limit

The order will be waiting for approval if Exposure > Approval Limit

13.9 Loan Limit

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Condition: Check for all Buy Orders

Calculation Formula:

Exposure = (Total Outstanding Amount of all buy orders - Available Cash Balance of the
client)

The order will be rejected if Exposure > Reject Limit

The order will be waiting for approval if Exposure > Approval Limit

13.10 Loan Limit (E-Channel)

Condition: Check for all Buy Orders from Electronic Channel (i.e. Web, IVRS)

Calculation Formula:

Exposure = (Total Outstanding Amount of all buy orders

- Available Cash Balance of the client)

The order will be rejected if Exposure > Reject Limit

The order will be waiting for approval if Exposure > Approval Limit

13.11 High Risk Product Loan Limit

Condition: Check for all High Risk Product Buy Orders

Calculation Formula:

Exposure = (Total Outstanding Amount of all high risk product buy orders
- Available Cash Balance of the client)

The order will be rejected if Exposure > Reject Limit

The order will be waiting for approval if Exposure > Approval Limit

13.12 Loan-To-Portfolio Limit(%)

Condition: Check for all Buy Orders

Calculation Formula:

Exposure = (% of the client position value)

The order will be rejected if Exposure > Reject Limit

The order will be waiting for approval if Exposure > Approval Limit

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13.13 Nominal Deviation Limit (%, E-Channel)

Condition: Check all Orders via E-Channels (Web, GTS Lite)

Calculation Formula:

Exposure = % deviated from market nominal price

The order will be rejected if Exposure > Reject Limit

The order will need approval if Exposure > Approval Limit

13.14 Nominal Deviation Limit (E-Channel)

Condition: Check all Orders via E-Channels (Web, GTS Lite)

Calculation Formula:

Exposure = No. of price spreads deviated from market nominal price

The order will be rejected if Exposure > Reject Limit

The order will need approval if Exposure > Approval Limit

13.15 Nominal Deviation Limit

Condition: Check all Orders

Calculation Formula:

Exposure = No. of price spreads deviated from market nominal price in percentage

The order will be rejected if Exposure > Reject Limit

The order will need approval if Exposure > Approval Limit

13.16 Nominal Deviation Limit (%)

Condition: Check all Orders

Calculation Formula:

Exposure = % deviated from market nominal price in percentage

The order will be rejected if Exposure > Reject Limit

The order will need approval if Exposure > Approval Limit

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13.17 Purchase Limit

Condition: Check for all Buy Orders

Calculation Formula:

Exposure = Total Outstanding Margin Amount of all buy orders

- Available Cash Balance of the client
- Client Margin Ratio * Sum Of (market price * quantity * margin ratio of all
stock holdings)

The order will be rejected if Exposure > Reject Limit

The order will be waiting for approval if Exposure > Approval Limit

13.18 Purchase Limit (E-Channel)

Condition: Check for all Buy Orders from Electronic Channel (i.e. Web, IVRS)

Calculation Formula:

Exposure = Total Outstanding Margin Amount of all buy orders

- Available Cash Balance of the client
- Client Margin Ratio * Sum Of (market price * quantity * margin ratio of all
stock holdings)

The order will be rejected if Exposure > Reject Limit

The order will be waiting for approval if Exposure > Approval Limit

13.19 Product Transaction Quantity Limit

Condition: Check for all Orders

Calculation Formula:

Exposure = Quantity product of the order/lot size

The order will be rejected if Exposure > Reject Limit

The order will be waiting for approval if Exposure > Approval Limit

13.20 Transaction Quantity Limit

Condition: Check for all Orders

Calculation Formula:

Exposure = Quantity of the order/lot size

The order will be rejected if Exposure > Reject Limit

The order will be waiting for approval if Exposure > Approval Limit

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13.21 Cannot Have O/S Buy/Sell Order With Same Product And
Price

Calculation Formula:

Exposure = Total daily client buy/sell amount

The order will be rejected if Exposure > Reject Limit

The order will be waiting for approval if Exposure > Approval Limit

13.22 Short Sell Limit

Condition: Check for all Sell Orders

Calculation Formula:

Exposure = Price of Input Order (or market price if it is At-Auction Market order)
* (Total Outstanding Qty of all sell orders of that stock – current stock
holdings of that stock)

The order will be rejected if Exposure > Reject Limit

The order will be waiting for approval if Exposure > Approval Limit

13.23 Short Sell Limit (E-Channel)

Condition: Check for all Sell Orders (Internet and IVRS)

Calculation Formula:

Exposure = Price of Input Order (or market price if it is At-Auction Market order)
* (Total Outstanding Qty of all sell orders of that stock – current stock
holdings of that stock)

The order will be rejected if Exposure > Reject Limit

The order will be waiting for approval if Exposure > Approval Limit

13.24 High Risk Product Short Sell Limit

Condition: Check for all Sell Orders

Calculation Formula:

Exposure = Price of Input Order (or market price if it is At-Auction Market order)
* (Total Outstanding Qty of all sell orders of high risk product – current
stock holdings of high risk product)

The order will be rejected if Exposure > Reject Limit

The order will be waiting for approval if Exposure > Approval Limit

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13.25 Buy Low Price Warrant (E-Channel)

Condition: Check for all Warrant products

Calculation Formula: set the minimum price for buying warrant product

Exposure = No. of price spreads deviated from market nominal price in percentage

The order will be rejected if Exposure > Reject Limit

The order will be waiting for approval if Exposure > Approval Limit

13.26 Client Group Daily Buy Turnover Limit

Condition: Check all Daily Buy Orders Turnover for client group

Calculation Formula:

Exposure = Amount of the buy turnover of the client group

The order will be rejected if Exposure > Reject Limit

The order will be waiting for approval if Exposure > Approval Limit

13.27 Client Group Daily Turnover Limit

Condition: Check all Daily Turnover Limit for client group

Calculation Formula:

Exposure = Amount of all the orders turnover of the client group

The order will be rejected if Exposure > Reject Limit

The order will be waiting for approval if Exposure > Approval Limit

13.28 Client Group Daily Sell Turnover Limit

Condition: Check all Daily Sell Orders Turnover for client group

Calculation Formula:

Exposure = Amount of all the Sell orders turnover of the client group

The order will be rejected if Exposure > Reject Limit

The order will be waiting for approval if Exposure > Approval Limit

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13.29 Company Daily Turnover Limit

Condition: Check Company Daily Orders

Calculation Formula:

Exposure = Total amount of today’s Company Daily orders

The order will be rejected if Exposure > Reject Limit

The order will be waiting for approval if Exposure > Approval Limit

13.30 Company Daily Buy Turnover Limit

Condition: Check Company Daily Buy Orders

Calculation Formula:

Exposure = Total amount of today’s Company Daily Buy orders

The order will be rejected if Exposure > Reject Limit

The order will be waiting for approval if Exposure > Approval Limit

13.31 Company Daily Sell Turnover Limit

Condition: Check Company Daily Sell Orders

Calculation Formula:

Exposure = Total amount of today’s Company Daily Sell orders

The order will be rejected if Exposure > Reject Limit

The order will be waiting for approval if Exposure > Approval Limit

13.32 Product Daily Buy Turnover Limit

Condition: Check Product Daily Buy Orders

Calculation Formula:

Exposure = Total amount of today’s Product Daily buy orders

The order will be rejected if Exposure > Reject Limit

The order will be waiting for approval if Exposure > Approval Limit

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13.33 Product Daily Buy Turnover Limit (E-Channel)

Condition: Check Product Daily Buy Orders(Internet,IVRS)

Calculation Formula:

Exposure = Total amount of today’s Product Daily buy orders

The order will be rejected if Exposure > Reject Limit
The order will be waiting for approval if Exposure > Approval Limit

13.34 Product Daily Buy Turnover Limit (Per Client a/c)

(E-Channel)

Condition: Check Product Daily Buy Orders per client account (Internet,IVRS)

Calculation Formula:

Exposure = Total amount of today’s Product Daily Buy orders

The order will be rejected if Exposure > Reject Limit

The order will be waiting for approval if Exposure > Approval Limit

13.35 User Daily Buy Turnover Limit

Condition: Check user’s buy Orders daily turnover

Calculation Formula:

Exposure = Total amount of today’s User Daily Buy orders

The order will be rejected if Exposure > Reject Limit

The order will be waiting for approval if Exposure > Approval Limit

13.36 User Daily Buy Turnover Limit

Condition: Check user’s buy Orders daily turnover

Calculation Formula:

Exposure = Total amount of today’s User Daily Buy orders

The order will be rejected if Exposure > Reject Limit

The order will be waiting for approval if Exposure > Approval Limit

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13.37 Derivative Product Transaction

Condition: Check all Derivative Product Order

Calculation Formula:

Exposure = Total amount of Derivative Product

The order will be rejected if Exposure > Reject Limit

The order will be waiting for approval if Exposure > Approval Limit

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14 Appendix B: FAQ

14.1 System Setting

14.1.1 Where to download AyersGTS?

Please go to our Website and follow the steps below:

1. Download and install the Microsoft Dot Net

2. Download and install the Microsoft Dot Net Service Pack 3
3. Download and install the AyersGTS application

14.1.2 Why sometimes cannot upgrade GTS?

Please press Ctrl+Alt+Delete at the same time, choose Task Manager, then on tab
“Process”, select “mts.client.exe” and end the process.

14.1.3 Why the price quote section and order journal section cannot be
displayed in internet trading?
You may have not install Microsoft Java VM or your Java VM version is incorrect, please
go to our website to download Microsoft Java VM.

14.1.4 Why sometimes internet trade client could not receive email for the
password?
a. Please ask client to check the junk-mail box.

b. Hotmail has higher chances of not being able to receive the email, please use other
email a/c.

14.1.5 Why sometimes cannot login in to GTS?

a. May be you have frequently entered incorrect password. Find that user in “Setup →
user” window. Type in new password or press button to reset password.

b. Please check network connection.

14.1.6 What are the short-cut keys for inputting QTY (Quantity)?
“.” = 000, “k” = 000, “m” = 000 000, “b” = 000 000 000

14.1.7 How to set not to show client contact info?

From menu bar “Setup → System Setting → Setting 3” uncheck the “Show Client
Contact Information”.

14.1.8 How to use Good Till Cancel?

In “order input” click “Advanced Setting” icon . Chose GTC (Good till cancel) in the
“validity” session and select an expiry date from the drop down menu. If the order not
executed till the expiry date then the system will automatically cancel the order.

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The order can be valid for 7days(includes Sat and Sun), counting from the next day the
trade had been placed.

For internet traders, in the window of Buy/Sell, click on the “Send Condition”. There are 3
options available from the drop down menu.

14.2 Reasons for Order rejection

14.2.1 Why is order rejected “by price warning”?

The price of the order has exceeded maximum spread. For PNS the max spread is 20
and 24 for BSS.

14.2.2 Why is order rejected “by invalid order price”?

a. When using Limit Order type to buy, the entered price should not be higher than the
ask price.

b. When using Limit Order type to sell, the entered price should not be lower than the
bid price.

c. When using Enhance Limit Order, if the price has been edited, system will then
changed to Limit Order. If the changed price has the problem as mention above. The
order is also rejected.

d. When using Special Limit Order, if there are not enough stock in the market, the
remaining will then be rejected.

14.3 Trading Limit

14.3.1 How Trading Limit works in the system?

There are 3 levels of policies which are the global, client account type and client.
The client policies are at utmost priority then the client account type and the global is the
least. The system will first inspect the policies set in client, if there are no policies set
then it will go to next level which is the client account type. And if no policies are set in
client account type it will then inspect the policies set in global.

14.3.2 How to add new trading limit for a company?

On “Setup” menu → “Credit Limit Policy”. Click on “Open” icon. Double click on the
wanted policies and enable it by check on the “Enabled” box. This policy will then apply
to the whole company.

14.3.3 How many Client account type are there?

There are 4 client account type: Cash A/C, House A/C, Margin A/C and Staff A/C.

14.3.4 How to set policies to these 4 Account types that are different to the
company’s policy?
“Setup → Client Account Type”, click “Add”, select wanted policy to add in and press
“OK”. Click “Save” when finished.

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14.3.5 How to set individual client account policies?

“Setup → Client Account”, on the “Trading Limit tab” click “Add”, select wanted policy to
add in and press “OK”. Click “Save” when finished.

14.3.6 What is “alert if over…” in credit limit policy?

System will alert user if the order price is higher than the amount set in “alert if over…”
field.

14.3.7 What is “Need Approval If Over…” in the credit limit policy?

System will alert user that need of approval if the order price is higher than the amount
set in “need approval if over…” field.

14.3.8 What is “Reject If Over…” in the credit limit policy?

System will reject the order without any notice if the order has exceeded the amount set
in “reject if over…” field.

14.3.9 What are the differences between Loan Limit and Purchase Limit?
Loan limit is the total of cash + the amount set in “Need Approval if over…”.

Purchase limit is the total of cash + margin ratio + the amount set in “Need Approval if
over…”.

14.3.10 How to set a new approval limit to user?

“Setup → Approval Limit”, type in Code and Name, then click “Add”
Select wanted policies to apply to user and press “OK”. Click “Save” when finish. From
“Setup → User” you can now find approval level from the drop down menu that was
created before.

14.4 Setup User, AE and Client Account

14.4.1 How to create AE?

Menu “Setup → AE” Fill in AE code, name, and select “Active” for status. Click “Save”
icon when finished.

14.4.2 How to create new user?

Menu “Setup → User” Fill in user code, name, and password. Select “Active” for user
status. Tick “Force User Change Password On Next Login” if require. Click “Save” when
finished.

14.4.3 How to set user permission?

Menu “Setup → User” click on tab “User Access Right”. Tick the corresponding box to
assign appropriate functions to user.

14.4.4 How to set user order input setting that are different to the company?
Menu “Settings → Change User Setting”. User can configure here to have different order
input setting to the company. Functions refer to “Setting 2” on P.18 and 19.

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14.4.5 How to create new client?

Menu “Setup → Client” Fill in client code, name, AE, email, contact no. and fax no.
Select “Active” for client status. Choose client account type and click save.

14.4.6 What is Margin Ratio(%) and Marginable Value Credit Ratio(%)?

Margin Ratio of a product is the percentage of product value which a client is permitted
to borrow. The marginable value credit ratio is the percentage of total of all products in a
client account which a client can use as collateral for margin borrowing.

E.g. A product with margin of 70% and the marginable value credit ratio is set to 90%
then the total of marginable value would be 63%.

14.4.7 What is Cash Credit Ratio?

It is the ratio of client net cash balance. It is used to adjust client’s available purchase.

The calculation for Purchase limit is the total of cash + margin ratio + the amount set in
“Need Approval if over…”

E.g. If Cash Credit Ratio is set to 50% then the calculation would be:

Purchase limit = (client cash X 50%) + margin ratio + the amount set in “Need Approval if
over…”

14.4.8 How to set client to use web trading?

a. Menu “Setup → Client” In the session of “Internet Trading” on tab “Info”, chose “Yes”
from the drop down menu to allow client to trade through internet. Click save and
then click on “Generate Password”. Input client email address, and the password will
then be sent.

b. Set “Enquiry” from the drop down menu will only allow client to view and make
enquiry but not trade through internet.

14.4.9 How to set not to receive email order notification?

Menu “Setup → Client Account” on tab “Info”, tick the box “No Email Order Notification
Message”.

14.4.10 How to set Demo Account?

Menu “Setup → Client Account” on “Info” tab, check the “Demo Account” box.

14.4.11 What can Demo Account do?

Demo Account is set for client who wants to try to use Ayers Trading System to trade.
The Demo Account can perform exactly the same things as the normal client account.
E.g. input trade order, view portfolio except that the trade orders will not go to exchange.

14.4.12 How to unlock user account?

The account will be locked if incorrect password were typed in too many times. Go to
menu “Setup → User” type in the locked user account. Click icon to reset
password.

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14.4.13 How to block internet user placing orders through internet but allow to
enquire order history?
Go to menu “Setup → Client Account” in the “Internet Session” on tab “Info”. Select
“Enquiry Only” from drop down menu in internet trading.

14.4.14 What if permissions are set differently for User Group and the User
within that group?
If set differently, the user within that group will had combined permissions.
E.g. the user group had set permission only for viewing “Report” and the user had set
permission only for “Settings”. Then the user will have both permissions.

14.4.15 How to set Real-Time Quote to user/client?

a. Menu “Setup → User” On the “Remark” tab, click “Add” and choose the require
Real-Time Quote password and quote ID. Click on remark to input the information.
Click “Save” icon when finish.

b. Menu “Setup → Client Account” In the session of “Internet Trading” on tab “Info”,
choose the require quote service from the drop down menu and fill in the related
information in the Real Time Quote Service User and the Password boxes. Click
“Save” icon when finish.

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14.4.16 How to set commission to Client?

There are two ways of setting commission to client.

a. Menu “Setup → System Setting” on “Setting 3” type in the amount in the box of
Minimum Commission. This will apply to every client.

b. Menu “Setup → Client Account” on the “Remark” tab, input the amount in the box of
Minimum Commission. If commission is in percentage then input the amount in the
box of Commission Rate. If this method is used, it will not inherit the amount set in
“a”.

14.4.17 How commission work in AyersGTS terminal?

The client policies are at utmost priority then next is the global setting. The system will
first inspect the commission set in client, if there is no commission set then it will go to
next level which is the global setting.

A commission will be charged for each trade is placed. If inputted both “commission
percentage” and “minimum commission”, the system will use the highest value for
commission charge.

14.4.18 How to set margin ratio of a product?

Menu “Setup → Product Information” click “Open” and choose the product. Input the
margin ratio percentage for this product and click save.

14.4.19 How to deposit/withdraw cash for client?

Menu “Credit Officer → Client Cash Deposit/Withdrawal” fill in client A/C, choose deposit
or withdraw, input the amount and click “Save”.

14.4.20 How to deposit/withdraw product for client?

Menu “Credit Officer → Client Product Deposit/Withdrawal” fill in client A/C, product
code, average price and the quantity of the product to be deposited or withdrawal. Click
“Save” icon when finish.

14.4.21 How to manage AE group, AE, Client account?

Managing these people will get access to information and trade details of clients.

Menu “Setup → User” click on “Managed Client Account” tab.

Tab 1 on the left are set for manage AE group(s). Any clients that are under this group
can be assessed.

Tab 2 are set for manage AE(s). Any clients that are under this AE can be assessed.

Tab 3 are set for manage Client(s) accounts. User can assess these clients that are
added here.

14.4.22 Can client account type be changed?

Yes, client account type can be changed.

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14.4.23 What is Alert Remark in client account?

It is an alert for user to be caution for that particular client. The alert message can be
typed in “Setup → Client”, in the field of “Alert Remark”. There will be an icon next to
client A/C code after inputted client code in order input or in client portfolio. To view the
alert remark, go to “Client Portfolio” on “Info” tab or move the mouse cursor to the to
display the alert message.

14.4.24 How to block a particular client to trade a particular product?

Menu “Setup → Client Account”, on tab “Product Info” click “Add” input the product code
and tick the desire action.

14.4.25 Where to find all the allocated trade that is performed today?
Menu “Report → Client A/C Reports → Client Account Trade Allocation Listing”

14.5 Other setting

14.5.1 What does the order status code mean? (e.g. NEW, WA,)

Order Status Code Description

NEW The order is pending for processing
NEW (HOLD) The order is pending held in system
(Program Trade)
WA The order is waiting for approval
PRO The order is processing
Q (MWS) The order has been queued in
securities company
Q The order has been queued in
market
PEX The order has been partially
executed
FEX The order has been fully executed
CAN The order has been cancelled
REJ The order has been rejected

14.5.2 Why orders cannot be sent to exchange when testing on Saturday?

Menu “Setup → Exchange” un-check the box “Only Allow Order Input on Trade Day”.

14.5.3 Why orders cannot be found after type in product code in filter function
in order journal?
5 digits product code must be entered when using filtering order function in order journal.

14.5.4 Where to find trade summary?

Menu “AE → Order Enquiry” click on “Trade Summary” tab.

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14.5.5 Where to find buy/sell broker code?

Menu “AE → Order Enquiry” click on “Trade Detail” tab.

14.5.6 Where to find out who edited the order?

Menu “AE → Order Enquiry” click on “Amendment History” tab.

14.5.7 How to add column in order journal?

Right click empty spaces in order journal and choose “Add Column(s)”. Drag the desired
column(s) to the row of columns and release.

14.5.8 Can AyersGTS terminal user edit/cancel orders that are from internet?
Yes, the orders from internet can be cancel using AyersGTS.

14.5.9 How to show/not show confirmation box before order submission?

a. If this setting is apply to everyone, then click on menu “Setup → System Setting”. On
“Setting 2” tab check/un-check to show/not show confirmation box before submitting
order.

b. If this setting only applies to a particular user, then click on menu “Setup → User”.
On “Setting” tab, choose your desired setting and click “Save” when finish.

14.5.10 How to allocate trades to the correct client?

If the trades were fully executed with incorrect client account name and wanted to
allocate the order back to the correct client then click on menu “Credit Officer → Client
Account Trades Allocation”.

Type in the mistakenly inputted client A/C and click on the order that require to reallocate.
Press “Allocate”, input the correct client A/C and the quantity. Click “OK” and “Save”.

14.5.11 How to start/stop OG for BSS client?

Menu “Dealer → BSS Functions → OG Start/ Stop”, choose the OG and click “OK”, input
Trader ID and Password, then Start.

14.5.12 What is Cross Trading Device?

Cross Trading Device is set for alternative OG to trade in case of OG fail.

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14.5.13 How to do Odd Lot Trade?

Go to menu “Dealer → BSS Functions → Odd/Special Lot Order/Trade Input and
Enquiry” Input Buy/Sell type, Client A/C, Product, Price and Quantity. Click “Save” when
finished.

Click “Retrieve Odd/Special Lot Orders” to retrieve orders from market. Click on the
desire trade and press the “Match Order”. Type in the quantity of that trade and click
“Match Order”.

14.5.14 What is order acknowledgement?

This is for users to get clearer view in order journal after orders are confirmed to client.
The orders that are acknowledged will disappear from the list.

14.5.15 How to acknowledge orders?

There are three order statuses that can be acknowledged: FEX, CANCEL and REJ.
Highlight the order that is in these statuses in order journal, and click on icon to
acknowledge. The order will then disappear. If wanted these orders to be visible again,
get to “Order Journal”, click “Journal Setting” select either “All” or “Acknowledge Only” in
“Show Acknowledged Order”.

14.5.16 How to unacknowledged orders?

To un-acknowledge a particular order, go to menu “AE → Client Portfolio” and input the
Client A/C. On the “Today’s Orders” tab, click on “Un-Acknowledge Order” button to
make the order visible again in order journal.

14.5.17 How to use “Input Order (layout 2)”?

Set order input short-cut key in menu “Setup → System Setting” → on tab “Setting 4”. In
Input Order (layout 2), type in product code, and use the short-cut key that was
configured before to buy/sell.

The order input short-cut key can also be configured by click on icon.

The short-cut key set in layout (2) will not affect on other input layout except ifself.

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14.5.18 How to use “Search Engine F1”?

Search Engine can be used when require to fill in information to the fields, e.g. (Client
A/C). Press F1 in the field and the search engine will appear. Input criteria to find
matched records.

If limited keywords are known, then try use “%” to aid in the search.

e.g. 1) c% t% m% will search records that begin with c, and the next word is t, and the
next word is m etc…
Results: “Cxxx Txx Mxx”.

e.g. 2) %client will search records that contain client.

Results: “Client 2”
“Testing client”
“Client test”

14.5.19 Which sound format is supported in “Order Journal” setting?

“WAV” is the only sound format supported in “Order Journal” setting.

14.5.20 Does “Executed Order Input” allow to type in odd lot traded orders?
Yes, the “Executed Order Input” does allow to type in odd lot traded orders.

14.5.21 Why clients and products data are not most updated?
If “PreloadClient Data When Login” and “Preload Product Data When Login” are
checked, then if any changes made the data will not be the most updated. It is
suggested not to tick these two boxes.

14.5.22 Why AE codes not found in Ayers GTS terminal which were created and
imported from Back Office?
AE code has to be created in Ayers GTS terminal. It can not be imported from back
office, visa versa.

14.5.23 How to use high risk (HR) product policies?

Policies like (HR) loan, (HR) short sell need to be enable first in order to apply to high
risk products. To set a high risk click "Setup → Product Information "tick the box "High
Risk Product".

14.5.24 How to set Currency?

Menu “Setup → Currency" click the space in the row of dotted line. Input the currency
code, name and the exchange rate to the corresponding spaces. Finally tick the base
currency box.

Note that only one base currency is allowed.

14.5.25 How to set the same desktop setting of another user?

Menu “Setup → User" input the user name in the field of "Use this user's desktop setting
as default".

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14.5.26 How to display Chinese character in internet trade when using internet
explorer browser?
Open internet explorer. Click on menu "Tools → Internet Option" and press the
"language" button. Click on "Add" button and select the desired language.

14.5.27 How to display references of order input in Order Journal?

Right click in order journal and select "Add columns". Drag column "Reference" to the
order journal and drop it with other columns.

14.5.28 What is Additional Order Approval Ceiling?

Additional Order Approval Ceiling can be set in menu “Setup” → “System Setting” on tab
“Setting 3”. It is set for second approval limit. For example, an order has already been
approved and if the amount has now changed to a value higher than the “%” set in this
field will require a second approval.

14.5.29 How to cancel/update multiple orders?

Update multiple orders can only be done under the conditions of having the same client,
product and buy/ sell type.

In order journal, select the desired order (hold “Ctrl” key to highlight multiple orders),
either click on the update icon or use short-cut key to update multiple orders.

To cancel multiple orders (hold “Ctrl” key to highlight multiple orders), either click on the
cancel icon or use short-cut key to cancel multiple orders.

14.5.30 What are the consequences of increase of order quantity?

If increase order quantity of a trade that is in queue, that trade will be cancel and the
system will place a new order with the modified quantity, which means that the order will
have to queue again.

14.5.31 How long will the trade data be hold in the system?
The system will hold seven days of trade data.

14.5.32 How to calculate avail.limit in internet trade portfolio?

Avail.limit = Avail.Cash + Approved Credit Limit - Used Limit

14.5.33 How to cancel IPO?

Menu “Credit Officer → Input/Cancel IPO” Choose the IPO stock and click “OK” highlight
the Client A/C and press “Delete”, then Click “OK” to confirm.

14.5.34 What are the suffixes (-D, -E, -S) of order numbers in order journal
means?
-D stands for orders inputted from Demo account
-E stands for orders that are executed from other systems
-S stands for orders that are in odd lots.

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14.6 Generating Report

14.6.1 Why the reports are empty?

Manage account rights are required to view the information in the report. Permission can
be set in menu “Setup → User”, on “Managed Client Account” tab.

Tab 1 are set for manage AE group(s). User can assess any clients that are under this
group.

Tab 2 are set for manage AE(s). User can assess any clients that are under this AE.

Tab 3 are set for manage individual Client(s) accounts. User can assess these clients
that are added here.

14.6.2 How to set report job item?

Menu “Setup → Report Job Item”, input Code, Name and select the desired report to be
printed or exported. There are different file format to choose from the drop down menu to
export. Click “Save” to finish.

Repeat the steps for each report that needs to be printed or exported. When the setting
is completed, click “Report → Run Batch Report Jobs”. The settings for the reports are
shown in the window. Tick the require actions and select a location for the reports to be
exported. Click “Run Report” to run the batch jobs.

14.6.3 What are the codes stands for in “Order List” and “Order Sheet”?
A: The Approval time of the trade.
F: The Fill time of the trade.
K: The Acknowledge time of the trade.
I: The Input time of the trade.
M: The Modified time of the trade.
C: The Cancelled time of the trade.

14.6.4 How to find out who audited the system setting?

It can be find out by viewing the "Audit Trailing listing" report. From menu "Report →
Other Reports → Audit Trailing listing". The list not only shows which data has been
edited but also the modified value and the time of amendment.

14.6.5 How to find out if internet user has deposited cash to the bank account?
This information can be view in menu “Report → Client A/C Reports → Client account
cash deposit/withdraw listing”
14.6.6 What are the differences between Order list and Order Sheet?
The differences are that Order List shows Filled Quantity and Outstanding Quantity.

14.6.7 Where to find all the IPO Subscription?

It can be found in menu “Report → Other Reports → IPO Subscripting Listing”.

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14.6.8 Where to find all the unfilled order?

Go to menu “Report → Order Reports → Unfilled Order Listing”. This report will shows
unfilled orders: New, Cancel, Reject orders and the reject reasons.

14.7 Order types in detail

14.7.1 What order types are supported by AyersGTS?

AyersGTS supports all the order types provided by HKEx.

Order Type* Description*

L Limit Order

This order type allows matching at the specified price queue.

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E Enhanced Limit Order (ELO)

Enhanced limit order is similar to the limit order except that it will allow
matching of up to 10 price queues at a time. The ask order price of ELO
can be inputted at 9 spreads lower than the current bid or the bid order
price can be inputted at 9 spreads higher than current ask price. Any
unfilled quantity of ELO after matching will be stored in the System as a
normal limit order at the input order price. The number of price queues
allowed for matching can be increased in future if necessary.

Example 1: Enhanced Limit Order – fully matched Table 1(a): Original

Position

Bid Ask
Price Volume Price Volume
$30.00 100K $30.05 80K
$29.95 90K $30.10 70K
$29.90 80K $30.15 160K
$29.85 60K $30.20 50K
$29.80 180K $30.25 60K
$29.75 34K $30.30 50K
$29.70 100K $30.35 40K
$29.65 150K $30.40 45K
$29.60 18K $30.45 325K

Enhanced Limit Order: to buy 400K@ $30.25

Table 1(b): After Execution

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Bid Ask
Price Volume Price Volume
$30.00 100K $30.25 20K
$29.95 90K $30.30 50K
$29.90 80K $30.35 40K
$29.85 60K $30.40 45K
$29.80 180K $30.45 325K
$29.75 34K $30.50 20K
$29.70 100K $30.55 30K
$29.65 150K $30.60 50K
$29.60 18K $30.65 60K

Trade executed 80K@ $30.05

70K@ $30.10
160K@ $30.15
50K@ $30.20
40K@ $30.25
Unfilled None

Example 2: Enhanced Limit Order – with unfilled quantity

Table 2 (a): Original Position

Bid Ask
Price Volume Price Volume
$30.00 100K $30.05 80K
$29.95 90K $30.10 70K
$29.90 80K $30.15 160K
$29.85 60K $30.20 50K
$29.80 180K $30.25 60K
$29.75 34K $30.30 50K
$29.70 100K $30.35 40K
$29.65 150K $30.40 45K
$29.60 18K $30.45 325K
Enhanced Limit Order: to buy 430K @$30.25

Table 2 (b): After Execution

Price Price

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Price Volume Price Volume

$30.25 10 $30.30 50
$30.20 – $30.35 40
$30.15 – $30.40 45
$30.10 – $30.45 325
$30.05 – $30.50 20
$30.00 100 $30.55 30
$29.95 90 $30.60 50
$29.90 80 $30.65 60
$29.85 60 $30.70 70

Trade executed 80K@ $30.05

70K@ $30.10
160K@ $30.15
50K@ $30.20
60K@ $30.25

Unfilled 10K@ $30.25 as limit order

S Special Limit Order (SLO)

A limit price has to be input for SLO but there is no restriction on the limit
price with respect to the best price on the other side of the market.
SLO will match up to 10 price queues (i.e. the best price queue and up
to the 10th queue at 9 spreads away) as long as the traded price is not
worse than the input limit price. Any unfilled quantity of SLO after
matching will be cancelled and not stored in the System. The number of
price queues allowed for matching can also be increased in future if
necessary.

Example 3: Special Limit Order (SLO)

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Table 3 (a): Original Position

Bid Ask
Price Volume Price Volume
$30.00 100K $30.05 80K
$29.95 90K $30.10 70K
$29.90 80K $30.15 160K
$29.85 60K $30.20 50K
$29.80 180K $30.25 60K
$29.75 34K $30.30 50K
$29.70 100K $30.35 40K
$29.65 150K $30.40 45K
$29.60 20K $30.45 325K

Special Limit Order: to buy 430K@ $30.40

Table 3 (b): After Execution

Bid Ask
Price Volume Price Volume
$30.00 100K $30.30 50K
$29.95 90K $30.35 40K
$29.90 80K $30.40 45K
$29.85 60K $30.45 325K
$29.80 180K $30.50 20K
$29.75 34K $30.55 30K
$29.70 100K $30.60 50K
$29.65 150K $30.65 60K
$29.60 20K $30.70 70K

Trade executed 80K@ $30.05

70K@ $30.10
160K@ $30.15
50K@ $30.20
60K@ $30.25

Unfilled quantity 10K@ Cancelled not stored in the System

I At Auction Limit Order

It is a limit order with a specified price for single price auction during
pre-open session. Unfilled at-auction limit orders, with input price not

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deviating 9 times or more from the prevailing nominal price, will be

converted to limit orders at the input limit price and carried forward to the
continuous trading session.

The order input period for At-Auction Limit orders is 9:00 a.m. -
9:15a.m.

Any At-Auction Limit order input during pre-order matching period

(9:15a.m. - 9:20a.m.), order matching period (9:20a.m. - 9:28a.m.) and
locking period (9:28a.m. - 09:30a.m.) will be subject to rejection.

At-Auction Limit orders input out of the pre-opening session will be

rejected by HKEx, if At-Auction Limit orders input after dayend, will be
treated as orders of next pre-open session unless it was cancelled by
investor and broker at their own discretion.

For further details on placing At-Auction Limit orders, please contact

your broker.

A At Auction Order

This is a market order which can only be inputted for single price auction
during the pre-open session. There is no need to specify the limit price
and it will enjoy a higher auction matching priority. Unfilled at-auction
orders will be cancelled after auction matching.

The order input period for At-Auction orders is 9:00a.m. - 9:20 a.m.

Any At-Auction order input during order matching period (9:20a.m. -

9:28a.m.) and blocking period (9:28a.m. - 09:30a.m.) will be subject to
rejection.

At-Auction orders input out of the pre-opening session will be rejected by

HKEx, if At-Auction orders input after dayend, will be treated as orders
of next pre-open session unless it was cancelled by investor and broker
at their own discretion.

For further details on placing At-Auction orders, please contact your

broker.

* The above information is for reference only and subject to further changes. Please visit
HKEx (http://www.hkex.com.hk) for more details.

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14.7.2 What is Market Order?

A Market Order is a special limit order without a specified price. When a Market Order is
placed, system will send out “BUY/SELL” order at the best price at that time. Special
limit order will continuously send out to market until the inputted QTY had been filled.
There is no guarantee of price. It is important to note that once a market order is placed,
however, the customer has no control over the price of the transaction.

14.7.3 What is the pre-opening session?

The pre-opening session consists of an order input period from 9:00 am to 9:15 am; a
pre-order matching period from 9:15 am to 9:20 am; an order matching period from 9:20
am to 9:28 am; and a blocking period from 9:28 am to 9:30 am.

During the order input period (9:00 am to 9:15 am), only at-auction orders and at-auction
limit orders are accepted. Orders will be accumulated and updated in the trading system
continuously and may be modified or cancelled.

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