Supported Instruments
Please refer to Supported Instruments to view across all venues.
PartyIDs
Please refer to PartyIDs to view across all venues.
Regulatory Fields
Please refer to or Regulatory Fields to view across all venues.
Passthru Fields
Please refer to Passthru Fields to view across all venues.
Details
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.
TIF=DAY - Once an order is placed, if the order is not executed immediately, it stays active with OrdStatus=New and if unfilled gets cancelled only at the end of trading day. TIF=IOC - Once an order is placed, if the order is not executed immediately, it will be automatically expired.
The ExecutionReport providrd additional information in the Text field as follows:
- All IOC misses can be expired with any of these reasons:
- Lastlook decline
- Lastlook timeout
- MinQty
- LotSize
- Insufficient PB credit
- Insufficient Collat credit
- Price no longer available
- Aggressive trades will contain an indication of the resting/passive-side liquidity source:
- Passive is last look
- Passive is firm
PegPriceType
cboefx_fixproxy supports MidPricePeg for Spot but not for NDF. |
NoStrategyParameters
Cboefx supports algo orders on special order entry sessions, interested clients should contact Cboefx support team to set up the algo order session credentials.
Algo Orders are supported using the NoStrategyParameters.
| Venue | Message | NoStrategyParameterName | NoStrategyParameterType | Venue Comment | MarketFactory Comments |
|---|
| cboefx_fixproxy | NewOrderMultiLeg | AlgoOrder | Int | IsNotAlgoOrder(0) or IsAlgoOrder(1) | For Algo orders |
|---|
| cboefx_fixproxy | NewOrderMultiLeg | AlgoUrgency | Int | Low(0), Medium(1) or High(2) | For Algo orders |
|---|
| cboefx_fixproxy | NewOrderMultiLeg | AlgoUrgentLimitPrice | Price |
| For Algo orders |
|---|
| cboefx_fixproxy | NewOrderMultiLeg | AlgoSuspendLimitPrice | Price |
| For Algo orders |
|---|
|
Maker
QuoteLayers
NDF: By default QuoteLayers are available for NDF and Cboe does not recommend more than 3 layers.
SPT: Only one 1 QuoteLayer is supported for SPT.
Quotes and QuoteCancels Logic
- Cboe only automatically cancels the previous quote on same layer on submission of new quote. i.e. if Quote1 has 2 NoQuoteEntries and Quote2 has 3 NoQuoteEntries, then Cboe automatically replaces Quote1 with Quote2 and gateway does not sends any cancel.
- MF Initiates QuoteCancel to the Venue if the latest quote has fewer rungs than previous one. i.e. If Quote1 has 3 NoQuoteEntries and Quote2 has 2 NoQuoteEntries, then on receiving Quote2, MF sends QuoteCancel of Quote1 and then send Quote2 to venue.
- Client can explicitly send an empty quote, so MF will cancel the previously published quote if there is one.
- If Client sends an Indicative Quote in any layer, MF replaces with 0 Price, so Cboe cancels the previous Quote on same layer.
Trade Confirmation
Client can connect to Maker feed as Firm or Lastlook Maker using configurable parameter "client_role". Please contact TOPS for the setup.
- Firm - "client_role: Maker_Firm" -
- LastLook- "client_role: Maker_LastLook"
|
Trade final status is only available for last look maker accounts where they are on the passive side of the trade.
FullAmount Taker
Please refer to CboeFX ECN for further details.
FullAmount Maker
All possible MDEntrySizes are under UnderlyingQty section of QuoteRequest message sent to Client |
CboeCentral Taker
- NDF's are not supported
- No pegged orders and market orders
- OrderCancelReplace is not supported
- MarketData is available only on ITCH
- There is no Maker on CboeCentral