The Lab

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Table of Contents

Warningtip
titleFenics service provider

24Exchange uses celertech as their service provider for LD4 only.

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Venue Connection Migration

This page is for direct Connectivity to 24Exchange, who previously used Celertech as their connectivity provider.

If connecting to Exchange24 via Celertech please see: celertech.

Workflow

Taker ESP and CLOB: MarketData and Orders.

Supported Instruments

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Please refer to Supported Instruments to view across all venues.

PartyIDs

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Please refer to PartyIDs to view across all venues.

Regulatory Fields

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Please refer to Regulatory Fields to view across all venues.

Passthru Fields

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Please refer to Passthru Fields to view across all venues.

Details

Info
titleTradePaid and TradeGiven

TradePaid and TradeGiven MDEntryTypes are now supported on the CLOB MarketData session. Clients should contact 24exchange to enable the Trade Tape feature for their accounts to get this functionality.


Note
titleStreaming SWP/NDS Pricing Notes

Common Notes

  • Even Swap - supported
  • Uneven Swap - not supported.
  • Short dated Swap tenors - ON, TN, SN should be requested directly as FWD to MF

ESP Specific Notes

  • MassQuote: Will have SecurityType SWP/NDS with a single QuoteSet, as opposed to 2 for SWP as advertised in the whisperer schema.
  • MassQuote QuoteEntry BidPx and OfferPx: Will contain swap points instead of the All-in prices as advertised in the whisperer schema.
  • MassQuote QuoteEntry Spot Rate and Forward Points: Will not be populated.
  • MassQuote QuoteSet SettlDate: Will contain the far leg date, with the near leg date populated in the BodyPassThru.
Note
titleSWP/NDS Orders Notes

SWP/NDS Limit and PreviouslyQuoted Orders

The NewOrderMultileg Price field must be populated
All NewOrderMultileg LegPrice fields must also be populated with the same value as Price.

Info
titleSecurityStatus Messages now supported

SecurityStatus messages are now sent prior to the EndMarker message

Note
titleSweepable vs FullAmount
  • Sweepable - supported. VWAP orders are not supported.
  • FullAmount - not supported.
Note
titleSupported SecurityType for Crypto Products

24X no longer offers Crypto Spot products. 24X will continue to offer Crypto NDFs.

Note
titlePre-Trade Allocations

A single allocation is mandatory, multi-allocations are not supported.


Note
titleExtended Order Fields

MinQty is supported


Note
titleTerm Currency

Term Currency trading is supported for both SPT and NDF.
Term Currency trading is NOT supported for SWP, NDS and FWD orders.
Term Currency trading is NOT supported for DAY orders.

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