The Lab

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Pricing

Sweepable vs FullAmount

LMAX offers three options for FullAmount pricing:

  • "old" configuration model - client will simply receive the maximum quantity available at each price level, i.e. reflecting the per-order MinQty Minimum Trade Size information.
  • "new" configuration model - LMAX will configure Full Amount Volume bands as bilaterally agreed with the client, e.g. 1m, 3m, 5m, 10m, 20m.
  • Client-specified, at run-time - Whisperer clients may specify up to 30 UnderlyingQty values in the MarketDataRequest NoUnderlyings group.

TradeTicker

Info
titleConfiguration

The trade feed is free of charge only for those trading clients that meet the monthly eligibility criteria.

By default the trade-ticker is disabled and must be enabled by LMAX on a per-session basis.

When configured, all trade events are delivered with a 60 second delay - there is no option to receive these in real-time.

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