Ten states a venue enters, held one by one
Every terminal looks good on a quiet day. This one is shown on the days that matter: the stream drops, the feed goes stale, the sources stop agreeing, an order is refused, the account nears maintenance. Below, the live guest terminal walks through each state and says what changed and why. The interface stays calm while the market does not.
Watch the terminal go through all ten
The tour runs in the real terminal on a live sample book, one state every few seconds, with a caption. Nothing is written.
Start the tourOpen the terminal quietlyLoading
The strips fill in as the first report arrives. Nothing is invented while the engine is still answering; empty is empty, not zero.
Reconnecting
The stream dropped. The header says so, the numbers stop moving, and the terminal retries on its own clock. Nothing on screen is guessed.
Stale feed
Prices are older than the venue will act on. The bar names the age in seconds, the figures dim, and no order is priced against a number that old.
Divergence
Sources disagree beyond their spreads. Confidence falls, the leverage ceiling follows, and the risk strip names the venue that left the others and by how many basis points.
Degraded
The price is now an argument. New exposure is capped hard, reduce-only is set for you, and a banner says why in one sentence.
Unavailable
The sources no longer describe one price. Nothing opens, nothing fills at a mid nobody has; only reducing is accepted until they agree again.
Partial fill
A fill smaller than the order. It travels from the book to your positions with the size it actually got; the rest rests.
Rejected order
An order refused with its reason, as text, at the moment it happened. The engine never fails silently.
Margin warning
Equity is near maintenance. The account changes mode, the buffer goes thin, and the ticket asks you to reduce first.
Recovered
Sources agree again, the regime is Full, the stream is live. A single wave passes through the chart, the ticket and the positions; nothing else announces it.
Why calm is the design
A venue that shouts when the market falls is telling you about itself, not about the market. Every state above changes one thing you can act on: what will fill, at what leverage, with which orders. The colours are reserved for the regime and the account mode; everything else keeps its place, its type and its rhythm, so that on the worst minute of the year you are reading the same screen you read on the best one.