Click on the Inter Market tool bar button to display a work page containing comparison price charts of representative commodity or financial instruments for each of the six markets common to the work pages in the Futures/FX features set:
The Inter Market work page allows users to quickly analyze individual national markets using commonly accepted benchmarks.
The national markets are represented by the Market Grouping tabs at the top of the work page, select a National Market tab to open a page displaying details for that national market.
A well regarded benchmark is used to populate individual price charts for Stocks, Bonds and Commodities.
Using the Relative Strength Comparison chart indicator, three Relative Strength Comparison charts will be generated: Bonds/Stocks, Commodities/Bonds and Commodities/Stocks.
The default symbols cannot be changed, but new symbols can be inserted once the charts are displayed. The new symbols' data will be used to regenerated the RSC charts.
For each national market, a standard group of six charts will display.
The charts have been selected to provide a quick overview of each national market's performance.
Users can alter the symbols to be displayed, as well as the appearance of the individual charts, and save the changes as a template to be applied in the future, see the User Defined Charts section.
For each market a representative index has been selected for display.
The following table shows the default index that is displayed for each market:
Market | Default Representative Index Symbol |
United States | S&P 500 Cash, trading on CBOE as SPX, quoted in US dollars |
Australia | S&P/ASX 200, trading on ASX as XJO, quoted in Australian dollars |
European Economic Union | DAX.Index.EUREX Cash, trading on EUREX as DAX-Cash, quoted in Euros |
United Kingdom | FTSE.100.LIFFE Cash, trading on LIFFE as LFT-Cash, quoted in Pounds Sterling |
Japan | Nikkei.225.SGX Cash, trading on Singapore's SGX as SNI-Cash, quoted in Japanese Yen |
Canada | S&P/TSE Composite Index, trading on TSX as TSX, quoted in Canadian dollars |
The Relative Bonds/Stocks and Relative Commodities/Stocks charts are generated using this value.
The default representative symbol can be changed. Select the chart, then begin typing the new symbol, the New Chart dialog box will open, click OK to replace the default chart with the new symbol.
Once a new Stock index chart has been generated, the Relative Bonds/Stocks and Relative Commodities/Stocks charts will be regenerated using the new symbol.
User defined symbols can be saved in the .ims file created using the Save Inter-Market Screen as... command in the Action menu. The .ims file can later be applied to replace the Inter Market default screen. For information on saving and applying .ims files, see Save and Apply User Settings, below.
Note - The symbol and other display items, for example captions, can also be changed in the Settings dialog, see description below.
For each Bond market a representative index has been selected for display.
The following table shows the default index that is displayed for each market:
Market | Default Representative Quote Symbol |
United States | US.T-Bond.CBT SpotV, trading on CBOT as US-SpotV, quoted in US dollars |
Australia | 3yr.Bond.SFE, trading on Sydney Futures Exchange (SFE) as ANY-SpotV, quoted in Australian dollars |
European Economic Union | Euro.Bund.EUREX SpotVCash, trading on EUREX as FGBL-SpotV, quoted in Euros |
United Kingdom | Gilt-Long.LIFFE SpotV, trading on LIFFE as LGL-SpotV, quoted in Pounds Sterling |
Japan | 10yr.Jap.Bond.SGX SpotV, trading on Singapore's SGX as SJG-SpotV, quoted in Japanese Yen |
Canada | 10yr.Canadian.Bond.MONT SpotV, trading on Montreal Stock exchange (MONT) as WCB-SpotV, quoted in Canadian dollars |
The Relative Bonds/Stocks and Relative Commodities/Bonds charts are generated using these values.
The default representative symbol can be changed. Select the chart, then begin typing the new symbol, the New Chart dialog box will open, click OK to replace the default chart with the new symbol.
Once a new Bond index chart has been generated, the Relative Bonds/Stocks and Relative Commodities/Bonds charts will be regenerated using the new symbol.
User defined symbols can be saved in the .ims file created using the Save Inter-Market Screen as... command in the Action menu. The .ims file can later be applied to replace the Inter Market default screen. For information on saving and applying .ims files, see Save and Apply User Settings, below.
Note - The symbol and other display items, for example captions, can also be changed in the Settings dialog, see description below.
For Commodities a world-wide index has been selected for display.
The same default index is used for all markets:
Market | Default Representative Quote Symbol |
All Markets | Continuous Commodity Index.NYBT Cash, trading on the NYBT as CR-Cash, quoted in US Dollars |
The Relative Bonds/Commodities and Relative Commodities/Stocks charts are generated using these values.
As with Stocks and Bonds, users can insert alternative benchmarks for the commodity charts.
Refer to the previous topics for details on changing, saving and re-applying the user defined benchmarks.
Note - The symbol and other display items, for example captions, can also be changed in the Settings dialog, see description below.
Using the Relative Strength Comparison (RSC) chart indicator, the Relative Bonds/Stocks chart will be generated.
Initially this is generated using the default Bond and Stock symbol.
Users can manually change the Bond and/or Stock symbol and Relative Bonds/Stocks chart will be regenerated using the new symbol or symbols.
Using the RSC chart indicator, the Relative Commodities/Bonds chart will be generated.
Initially this is generated using the default Bond and Stock symbol.
Users can manually change the Commodity index and/or Bond symbol and a new Relative Commodities/Bonds chart will be regenerated using the new symbol or symbols.
Using the RSC chart indicator,, the Relative Commodities/Stocks chart will be generated.
Initially this is generated using the default Bond and Stock symbol.
Users can manually change the Commodity index and/or Stock symbol and Relative Commodities/Stocks chart will be regenerated using the new symbol or symbols.
The standard Charting Function Bar is available for use with each individual chart:
The charting tools function in the same manner as for other charts.
First select the chart, the selected chart will have a peach colored outline. Once selected, apply the tools from the function bar to the selected chart.
The chart display interval, also known as the chart's compression, can be altered by the interval selector.
By default the interval is set to Weekly.
Users can change the interval to Daily, or Monthly/Quarterly/Yearly.
These settings can be saved in the .ims Inter-Market Screen template.
Click Action to open the Action menu:
The Action menu has five main sections:
This saves any changes to the screen as an Inter Market Screen file (file extension .ims).
If the screen had not previously been saved, it will prompt users to enter a name.
This has the same functionality as the save button in the function bar.
In addition to the Captions, Symbols and Layout that can be changed in the Settings dialog for each chart the symbol, colors, chart type, etc. can be altered, and chart indicators and Hi-Lites can be applied, and all the changes can be saved in a market screen settings template.
The process is similar to saving and loading a chart template.
First make all the user defined changes.
Then select Save Inter Market Screen as... from the Action menu.
Enter a meaningful name in the dialog box and Save in the default location, or specify an alternative location.
The template will be saved as a file with the .ims file extension.
While the default settings will be applied to each Inter Market work page, previously saved Inter-Market screens can easily be applied.
First open the work page, then select Load Inter-Market Screen... from the Action menu.
Select the .ims file from the folder in which it has been saved.
Click Open to apply the settings to the charts on the current Inter Market work page.
Select a chart and open the Action menu.
The Actions for "Symbol" command will be populated with the symbol of the selected chart.
The submenu will contain commands to open other functionality for that symbol.
Click the Reset button to return to the original default display of the data.
The last command on the Action menu is the Settings command.
This dialog contains controls to Customize the data and display of the Inter Market work page:
For each of the tabbed pages the following display items can be altered:
Type in a new caption to appear in the title bar of each chart.
Change the symbol and display a different benchmark for the individual market.
Note that changing the symbol will also affect the results displayed in the Relative Strength Comparison charts on the right side of the work page.
Choose between Horizontal (default) or Vertical.
This affect will be more pronounced when the user manually resizes the individual charts by dragging their borders.
These settings can be saved as an Inter Market Screen template (file extension .ims) and reapplied to Inter Market screens in the future.
Refer to the Save As.. and Load User Settings section, above.