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There are some venues that allow the submission of multi-level quotes to the market (such as the example below).
USD/JPY
| Rate | Quantity in Millions |
|---|---|
| 112.50 | 1M |
| 112.49 | 2M |
| 112.48 | 5M |
Whisperer does support the submission of multi-level quotes (also referred to as a ladder/or tiered quotes), imposing no restrictions on what a customer decides to publish using the API.
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| Info | ||
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However, exactly what customers are able to publish will vary dependant on the venue and the bilateral agreement for the connection between the customer and the ECN. |
To be continued...
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