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changes.mady.by.user Hymavathi Velagapudi

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changes.mady.by.user Kamakshi Sachdeva

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Comment: Published by Scroll Versions from this space and version 1.5.94

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  • "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 the trading clients who meet the monthly eligibility criteria.

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

Warning
titleTrade Data subscription on Curex liquidity pool

Clients trading on the Curex liquidity pool cannot subscribe to the trade ticker. MF gateway handles the subscription of trade data based on the session config.

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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Info
titleSettlDate (Optional field in SecurityStatus)

Clients have the option to consume SettlDate in SecurityStatus. LMAX will enable the SettlDate field per session upon client request.

Clients can contact the MarketFactory Delivery Team to enable SettlDate in their LMAX session.

Maker ESP

Whisperer will send the client a synthetic spot and NDF quote request for each instrument. The client will send MassQuotes in response, and LMAX will respond with fills (no last look).

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Warning
titleFA restrictions

For Takers, only Limit/Market IOC and FOK orders are supported for FA orders; orders with a Time in Force of DAY or GTC will be rejected.

For Makers, DAY and GTC orders are supported.

PB selection

Warning
titleGive-up trades to multiple PBs in a single LMAX session

PB selection is an LMAX feature that allows give-up trades to multiple PBs in a single LMAX session.

When PB selection is enabled, clients are required to populate LegAllocAccount with the LMAX provided PB code in the NoLegAllocs group in NewOrderMultileg.

Clients are advised to contact the MarketFactory Delivery Team to enable PB selection in their UAT and Prod sessions.

Venue Checks

Self-Match

Info
titleSelf-Match Prevention
Self-match scenarios (where two Client orders matched against each other) are possible, but may be disabled by the venue on a per-session basis. Please contact MarketFactory SUP to organise this, if required.

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