Pricing

GTX pricing is offered as OrderDepth or PriceDepth MDBookType.

GTX allows clients to filter market data according to the following scopes:

• "Interest" only orders matchable immediately
• "Firm" LP feeds matchable immediately
• "LastLook" LP feeds that require validity check.

Please see the Passthru section below for more details

Orders

Supported SecurityTypes

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Security Type

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• GTX only supports LegSettlType "M1" for NDFs.
• LegSettlCurrency must be 'USD' for NDF orders.

Supported OrderTypes

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OrderType

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Pegged Orders

If the Limit Price is populated, then the Limit Price will be pegged, otherwise the specified StopPx will be pegged.

Please see StrategyParameters section below for custom Peg fields.

Iceberg and Dark Orders

• It is possible to make Iceberg Orders using HasExtendedFields[1].MaxShow.
• To make Dark orders simply make MaxShow = 0.
• MaxShow is ignored for IOC orders.

Supported TimeInForces

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TimeInForce

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GTX does not take into account the EffectiveTime(168) for ExposureDuration(1629). ExposureDuration starts as soon as the GTX server receives the order regardless of EffectiveTime.

ExposureDuration will override ExpireTime.

MultilegOrderCancelReplaceRequest

If DiscretionOffsetValue(389) is omitted, the value from the original order will be removed i.e. this tag needs to be explicitly specified every time an order is replaced.

TransactTime: Unlike NewOrderMultilegs, GTX will NOT reject MiltilegOrderCancelReplaceRequest messages that appear to have been delayed.

The following Values may be changed:

• OrdType
• TimeInForce
• EffectiveTime
• ExpireTime
• ExposureDuration (will override ExpireTime)
• StopPx
• MinQty
• MaxShow
• DiscretionOffsetValue
• LegPrice
• LegOrderQty: should be the total intended order quantity including amount already executed for this chain of orders.

BodyPassthruKeys

• AvgPXLimit
• LastLook
• MatchIncrement
• TriggerPriceType
• AveragingInst
• IOCTimeToLive

The following must be the same as the reference order

• PegPriceType
• PegOffSetValue
• NoStrategyParameters(entire group)
• LegSide
• LegCurrency
• LegSettlDate

StrategyParameters

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Describes whether peg is static/fixed or floats. Valid values:

'Float' (default)

'Fixed'

Optional

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If the calculated peg price is not valid price for this market, specifies whether to round the price to be more or less aggressive.

'MoreAggressive': on a buy order round the price up to the nearest tick; on a sell order round down to the nearest tick.

'MorePassive': on a buy order round the price down to the nearest tick; on a sell order round the price up to the nearest tick.

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Optional

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The scope of the 'related to' price of the peg:

'Global': default, peg to any tradable price.

'ExcludeLocal': When calculating peg price exclude local interest only orders (LocalScope) which may be small or otherwise not indicative of true market price.

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Optional

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Optional

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If Y, causes GTX to automatically negate the PegOffsetValue for SELL(Base Currency)/ Buy(Quote Currency),
orders, so that the client application can provide the same peg parameters for all orders.

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Optional

Passthru

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Please refer to Passthru Fields for the full Enterprise table across all venues.

PartyIDs

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Please refer to Whisperer Enterprise - PartyIDs for the full Enterprise table across all venues.

Regulatory Fields

Not applicable for this venue.

Please refer to or Regulatory Fields for the full Enterprise table across all venues.

CurrencyPairs Supported by GTX