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changes.mady.by.user Chandana Varsha

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Comment: Published by Scroll Versions from this space and version 1.4.16

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Info
titleSuspend/Release

This venue supports both client and venue -initiated suspension and restoration of order execution:

Client-initiated:

  • MultilegCancelReplaceRequest.ExecInst may be set to either:
    • Suspend - temporarily remove the order from the market.
    • Release - return the order to the market for continued execution.

Venue-initiated:

  • Notification of these events will be via ExecutionReport (Restated) messages.

Please refer to the OrderStateTransitionDiagram for details of the order lifecycle.


Info
titleFill Now

Whisperer supports the ‘Fill Now’ function via this venue , which causes the order to fill immediately at the best price the strategy can get.

This is available for certified LPs only, when available.


The table below sets out the  LP/Algo combinations for which Suspend/Release and FillNow is supported. Attempts for other LP/Algo combinations will be rejected.

Liquidity ProviderSuspend/Release
TargetStrategies		FillNowNotes
BankOfAmericaTWAP, ImplementationShortfall (formerly Decipher), WhisperY-
Barclays--Supported by LP, but for Algos not yet certified by MarketFactory.
CitiVWAP, TWAP, Peg, VolumeTrackerN-
GoldmanSachs-NNot supported by LP
JPMorganChaseVWAP, TWAP, Adaptive, FloatY-
MorganStanley-NNot supported by LP
UBS-NNot supported by LP