Equity Imbalance Viewer

Large quantities of buy/sell orders for a security can cause an unusually wide spread between bids and offers. Exchanges frequently halt the trading of securities with a significant order imbalance until more buyers or sellers appear and an orderly market can be re-established. Equity Imbalance Viewer displays the securities that are imbalanced at the open or close of the current trading day.

From the WTP Toolbar select Analyze-->Equity Imbalance Viewer.

Alternate Method:

From the WTP menu select Equity Equity Imbalance Viewer.

Equity Imbalance Viewer allows imbalance data to be viewed at the trading day's opening or closing.

From the drop-down menu at the top of the Equity Imbalance Viewer select either Open or Close.

The availability of Opening and Closing data varies depending on the exchange.

Equity Imbalance Viewer can display buy and/or sell imbalances.

From the drop-down menu at the top right portion of Equity Imbalance Viewer select check the Buy or Sell box or both.

Equity Imbalance Viewer can set to report one, many, or all securities from selected exchanges.

Type one or more security names in the security-name field (upper left of Equity Imbalance Viewer). Separate security names with a semi-colon.

Select All Securities

From the drop-down menu in the security-name field check the box <All>.

An order can be created directly from Equity Imbalance Viewer by double-clicking on a row with the preferred security. Once selected, an order ticket will open. If there is a buy imbalance on the selected row, the order ticket will default to a sell side type (and a buy side type with a sell imbalance).

The price in the order ticket will be set to the Price Near value for the selected security in Equity Imbalance Viewer.

In addition to creating an order within Equity Imbalance Viewer, an order can be created without Equity Imbalance Viewer's default side types.

Highlight a row containing the desired security name by clicking on it once.
Type Ctrl+n.

The Order Ticket will open but will the side type will not be the reverse of the imbalance, nor will the price be the Price Near value.

Alternate Methods:

Follow step 1, then go to the Action menu and select New Order.

Follow step 1, then right-click in the Equity Imbalance Viewer grid and select New Order.

The data displayed in Equity Imbalance Viewer can be filtered by the following:

Paired Shares—The total number of shares that are eligible to be matched at the current reference price.
Unpaired Shares—The number of opening and closing shares that would remain unexecuted at the current reference price.
Price Near—The price where the most buying and selling interest match with auction and pre-market liquidity.
Price Far—The price where the most buying and selling interest match with auction liquidity.
Reference Price—The current reference price reflects the price for which the number of paired shares and the number of imbalance shares are calculated.

Press the filter button to open the Filters window.

Learn how to configure and enable this window (similar to setting row color conditions) here.

To cancel a single order for a selected security, highlight the row containing the security and type Ctrl+z.

Alternate Method:

Highlight the row containing the security. From the Action menu select Cancel All For Symbol: (symbol name).

All orders regardless of security can be canceled in Equity Imbalance Viewer.

Select the exchange(s) that will be used in reporting Equity Imbalance Viewer data and configure the columns through the configuration feature.

To open the configure window press the Configure button .

Alternate Methods:

From the Config menu select Configuration.

Right-click in the Equity Imbalance Viewer grid and select Configuration.

In the Equity Imbalance Viewer tab of the Configuration window, check the box next to each exchange to be used for reporting imbalance data.

Select <All Exchanges> to receive data from all listed exchanges.

The default time in which Equity Imbalance Viewer refreshes data is every 3 seconds.

This interval can be changed to as low as 1 second or as large as desired. Enter a value in the Automatically Refresh Data field that reflects the interval (in seconds) in which Equity Imbalance Viewer refreshes data.

In the Columns and Formatting tab of the Configuration window, grid customization is defined.

Learn about columns and formatting here.

Customized settings can be captured in a template. A saved template can be defined as default and will be subsequently loaded whenever Equity Imbalance Viewer is launched. Saved (i.e., not default) templates can be called anytime when working in Equity Imbalance Viewer.

Learn about templates here.

A row or multiple rows of Equity Imbalance Viewer data can be sent to the following WTP applets:

Highlight one or more rows in Equity Equity Imbalance Viewer. From the Action menu select Send to --> (name of applet)

Alternate Method:

Right-click in the Equity Imbalance Viewer grid and select Send to --> (name of applet)

One or more security names can be copied from Equity Imbalance Viewer and pasted into another program (i.e., Excel, Word, etc.)

Highlight one or more rows and click the Copy button .

Security names can be inserted automatically into Equity Imbalance Viewer via the Toggle Symbol Tracking feature .

Learn about Toggle Symbol Tracking here.