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changes.mady.by.user Sadat Tafader

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changes.mady.by.user Renghanath Natarajan

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Comment: Published by Scroll Versions from this space and version 1.5.79

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Please refer to Passthru Fields to view across all venues.

Details

Note
titleMandatory Fields

OrderOriginationTrader must be populated with OEOID for NDFs:

OEOID ("Order Entry Operator ID") and will be required for all NDF Quote messages from Makers, and all NDF  NewOrderMultileg, MultilegOrderCancelReplaceRequest and OrderCancelRequest messages from Takers. Please send your OEOID as the PartyID for  PartyRole OrderOriginationTrader. Cboe will reject NDF messages that do not populate OEOID.

Settlement and MaturityDates:

For NDFs on Cboe SEF as a Taker, it is mandatory for the Client to send LegSettlDate and LegMaturityDate in the NewOrderMultileg message. This information is sent to the Client as part of the SecurityStatus message in corresponding ITCH/Bookfeed sessions.

Taker

On  CboeFX Taker Feeds, the Client can send Day and IOC orders. Market Day orders are supported on SPT ECN but not on NDF ECN.

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For Algo orders
VenueMessageNoStrategyParameterNameNoStrategyParameterTypeVenue CommentMarketFactory Comments
cboefx_fixproxyNewOrderMultiLegAlgoOrderInt

IsNotAlgoOrder(0) or IsAlgoOrder(1)

cboefx_fixproxyNewOrderMultiLegAlgoUrgencyIntLow(0), Medium(1) or High(2)
Default: Low for Algo Sessions.		For Algo orders
cboefx_fixproxyNewOrderMultiLegAlgoUrgentLimitPricePrice
For Algo orders
cboefx_fixproxyNewOrderMultiLegAlgoSuspendLimitPricePrice
For Algo orders


Warning
titleCBOE FX Central No Longer Supported

CBOE has shut down its “CBOE FX Central” offering. The last day of trading was 2025-11-14.

Maker

QuoteLayers

NDF: By default QuoteLayers are available for NDF and Cboe does not recommend more than 3 layers.

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Note
titleFirm vs LastLook
  • Firm -         "client_role: Maker_Firm" - 
    • LastLook- "client_role: Maker_LastLook"

    Feeds configured for Maker LastLook may receive Firm ExecutionReport if the Trade is on Aggressive side.

    Trade final status is only available for last look maker accounts where they are on the passive side of the trade.

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    Note
    titleUnderlyingQty

    All possible MDEntrySizes are under UnderlyingQty section of QuoteRequest message sent to Client

    CboeCentral Taker

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    Collapse to Mid Pegged Orders

    Collapse to Mid (CTM) orders are Pegged Orders with the discretion to match at the ECN-defined mid-point price.

    Clients interested in trading CTM pegged orders should ensure the following conditions are met in the NewOrderMultileg:

    • PegPriceType = MarketPeg (AggressivePeg)
    • PegOffsetType = Price
    • BodyPassthruKey = CollapseToMid and BodyPassthruValue = Y


    Note
    titleCTM Pegged Orders Matching Criteria
    • CTM Pegged Orders will compete to match at the ECN-defined mid-point price from the start.
    • CTM Pegged Orders will match opposing orders with the same entitlement.

    Please refer to Order Management#PeggedOrders for more details.

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