Please note: the option to create an order is only available to user accounts with the appropriate permissions. For more information, contact Customer Support.
To create a new order, open the trading desk and click “New order”.
The new order flyout is displayed containing a number of fields and options to select from. The information included here defines what will be included in the distributed market order, and builds the basis for the related negotiations.
Available fields
Preset
Presets are saved order values. Selecting a preset populates the new order form with values from the preset. Presets that your user account has access to will be listed in the “Presets” field.
To load a preset, select the desired preset from the “Presets” field.
For help in setting up presets please contact our Support team.
Parties*
Set the chartering entity that this Market Order is related to. This is required even if the user who is creating the order is not the charterer.
Contract*
Select the type of fixture this order relates to: Spot or COA.
Cargo
Select the cargo type from a predefined list. Specify quantity, tolerance %, tolerance options, unit of measurement and utilize two free-text fields to clearly set the expectations on the cargo that needs to be moved.
Laycan*
The date range in which the vessel is expected to arrive at the loading port.
Loading Location
A set location with agreed safe berths, ports and anchorages.
Discharging Location
A set location with agreed safe berths, ports and anchorages.
Commission
Sets the Address commission and Broker commission (if required).
Order Notes
Free text field for any additional information that is relevant to the order but not covered by the above fields.
*Mandatory field
Complete the order details and click “Save”. A draft order will be created and opened ready for editing and distribution. See Editing an order and Distributing an order.