BinarySoft - Support - BDI

1. Introduction

1.1 Introduction to BinarySoft BDI

BinarySoft BDI™ is the ultimate interface to Betfair and Tradefair. Clean, professional and ultra-fast: BDI will transform the way you view and trade markets on betting exchanges.

BDI uses binary prices to present a unified interface to Betfair and Tradefair, with seamless switching between markets from the two exchanges. Binary prices are much better suited for trading than decimal odds and are also the most natural and intuitive way of expressing odds.

BDI has been designed for maximum performance and is compatible with any operating system which supports Java, including all recent versions of Windows, Mac OS X and Linux. All communication between BDI and Betfair is secure via SSL encryption.

BinarySoft BDI is a Betfair Official API Solution.

1.2 The Java Platform

BDI has been designed for the Java™ platform, version 5 or higher. It has also been fully optimised to work with Java 6 and relies on many of the new features of the platform. The main advantage of Java is that it is supported by a wide range of operating systems, so the layout of the interface and the feature set of BDI is the same across all platforms and computers.

BDI makes use of a technology known as Java Web Start. Each time the program is run it checks the BinarySoft website to see if a new version of BDI is available and if so, downloads the latest copy. This provides a quick and automatic way of ensuring your copy of BDI is always up to date.

Java is currently available for all recent versions of Microsoft Windows (Windows 98 onwards), Mac OS X (v10.4 "Tiger" onwards), Linux and Solaris.

1.3 System Requirements

The minimum system requirements for running BDI are:

Screen resolution: 1024 * 768 pixels
Memory: 1GB RAM
Internet connection: 512Kb broadband

However, BinarySoft recommend:

Screen resolution: 1280 * 1024 pixels or higher
Memory: 1GB RAM or higher
Internet connection: 1Mb broadband or higher

1.4 Version History

Version 2.2 [02 May, 2008]

New Feature: Charting package with support for user-customisable trend lines, zoom in/out and multiple charting windows, with several configuration options on a per-chart basis and the ability to export the charts as PNG or PDF files.
New Feature: "Zoom" mode - an option to show all possible binary prices in the ladder so that you can trade the market more precisely.
New Feature: Full support for Tradefair, the new binary betting exchange for financial markets.
New Feature: New windowing system to allow a more flexible layout.
New Feature: Projected Profit/Loss column in the ladder, which shows the projected profit/loss at each price.
New Feature: Volume Change (VC) column in ladder, which shows the size of the last order, along with an estimate of whether it was a buy or sell.
New Feature: Limit-If-Breached (LIB) order type - this works in a similar but inverse way to the Stop Loss feature and allows you to specify a target price at which to take a profit.
New Feature: The full list of live prices is now shown in the ladder, instead of only the best three available prices on each side of the spread.
New Feature: "Continuous" option for If-Filled, which will trigger repeatedly as new portions of the order are filled, each time firing an order in with a size equal to the portion which was just filled.
New Feature: Bias slider for the Close Out section, which can be used to control if the close out order should be biased towards either outcome.
New Feature: The Confirm Orders window has been renamed as the Order Entry window, and also allows If-Filled conditions to be set in advance of the order being placed.
New Feature: For all Tradefair and Betfair financial markets, the start level of the associated contract is shown if the data is available.
New Feature: An option to show the corresponding decimal odds in a tooltip popup when you place your mouse over values in the Price column of the ladder.
New Feature: Data Request Counter - the connection status indicator in the top-right of the interface has been modified to include a Data Request Counter, which indicates the number of chargeable requests made in the last 1 second.
New Feature: Options in the View->Account Details menu to show/hide various parts of the account details section at the top of the interface.
New Feature: Options in the View->Ladder Screenshot menu to take a screenshot of the ladder as a PNG file.
New Feature: The market navigation tree now shows a green icon if the market is in-play; a grey icon if the market is due to turn in-play; and a white icon if the market does not turn in-play.
New Feature: For Betfair markets, there is a now an option to highlight prices in the ladder which correspond to decimal odds whole numbers, to indicate possible crossover/resistance points.
New Feature: The Projected P/L, VC and Volume columns of the ladder can be shown/hidden by right-clicking (or Ctrl-click on Mac OS X) on the column headers of the ladder.
New Feature: The net position button in the Amount/Point section now includes the net position value.
New Feature: The Weight-of-Money (WoM) is now hidden by default, and can be shown/hidden in the Ladder menu. The WoM column of the Selections panel is also hidden by default, and can be shown/hidden by right-clicking (or Ctrl-clicking on Mac OS X) on any of the column headers of the Selections panel.
New Feature: An option in the Ladder menu to automatically switch to the net position button after the order has been placed.
New Feature: BDI now remembers the custom stake amount in the Amount/Point section across executions, along with the button which was last pressed.
New Feature: Reverse Ladder option added to Ladder menu, which can be used to reverse just the clicking behaviour of the Buy/Sell columns of the ladder.
Removed Feature: the Projected Profit/Loss panel and the Custom button in the Close Out section have both been removed, as they have been superseded by the new Projected P/L column in the ladder.
Major performance improvements, including improved market loading speed.
A few small aesthetic tweaks.

Version 2.1 [30 Nov, 2007]

New Feature: Monitored List, which allows multiple markets and individual selections to be monitored simultaneously.
New Feature: Stop Loss order - when the net position is non-zero, you can now place Stop Loss order which will automatically attempt to close out your position when the LTP (Last Traded Price) has breached the specified Stop Loss price.
New Feature: TIF parameter - if enabled then the order is automatically cancelled after the specified time (Time In Force).
New Feature: If-Filled condition - if set then once an order is filled or partially filled, a trigger order will be placed automatically.
New Feature: Average price of net position is highlighted in the Price column of the ladder, when the net position is non-zero.
New Feature: Countdown timer / in-play stopwatch added.
New Feature: Replaced the "Last Trd" button with a "Join Q" button to the Close Out section, which places an order by joining the queue for the best available price.
New Feature: Added "Horse Racing - Todays Card" to the market navigation tree.
Account Info and Connection Info condensed into a thin strip of information at the top of the interface.
Improved login speed.
Several performance improvements.
Removed Feature: Betfair have altered the API so that bets on in-play markets no longer appear until the in-play delay has elapsed. This means that the "TUS" feature and associated functionality have been removed from BDI. We apologise for the inconvenience - this feature will be returning in BDI v2.3.

Version 2.0 [03 Aug, 2007]

New Feature: Support added for all markets on Betfair. When viewing "multi-selection" markets, a compact panel of selections is shown with the net position and profit/loss for each selection.
New Feature: Weight of Money (WoM) indicators have been added below the ladder and also in the Selections panel for multi-selection markets.
New Feature: Favourites List - right-click (or Ctrl-click on Mac OS X) on a market in the navigation tree to add it to your list of favourite markets.
New Feature: Projected Profit/Loss - a section of the interface which calculates what your profit/loss would be if you closed out your net position at a particular price, and vice versa.
New Feature: Invert Market - when viewing binary markets, press Ctrl + T to invert the market so that you can trade the other selection to win.
New Feature: A vertical bar has been added so that the left-hand side and right-hand side of the interface can be resized relative to each other.
New Feature: Always On Top mode added in the View menu.
New Feature: The Betfair username can now be stored across executions.
New Feature: The sorting order for the Unfilled, Filled and Selections panels is now stored across executions.
Improved market loading speed.
Lots of major performance improvements.

Version 1.1 [25 May, 2007]

New Feature: Redesigned order-handling service which now supports an unlimited amount of concurrent in-play orders. This has also fixed a bug which some users were reporting where occasionally BDI would freeze and not accept any more orders.
New Feature: Entries in the Unfilled Orders panel and in the Our Buy/Our Sell columns in the ladder change colour according to in-play order submission status. A "TUS" (Time Until Submission) column has also been added to the Unfilled Orders panel.
New Feature: Liability stake mode added, where you can control your stake in terms of maximum liability (Ctrl + S to toggle between Amount/Point and Liability). Go to Tools->Options to customise the four Liability preset amounts.
New Feature: Confirm Orders - if the checkbox is ticked, then BDI will pop up a confirmation window each time you try to place an order.
New Feature: Cells and columns in the ladder produce a red "glowing" effect when orders are placed and cancelled.
New Feature: The Unfilled and Filled Orders panels can now be shown/hidden by pressing Ctrl+3 and Ctrl+4 respectively.
Lots of small performance improvements.

Version 1.0 [19 Apr, 2007]

Initial release.

1.5 Disclaimer

Although every effort has been taken to ensure the accuracy of the information in this document, BinarySoft Ltd and its employees cannot be held responsible for any inaccuracies should they exist.

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