|
ECNs, Exchanges
< Previous Next >
Re: SGX Order Types
Graham Carter / PATSystems <>
15 Apr 2010 5:23AM ET Many thanks for that Hanno, I'll try that
Thank you for your help
Graham
> I assume you do not have any documentation from SGX on their order
> types. I believe SSO stands for "Session State Order" and SGX uses the
> term to denote orders that trigger only when the market transitions into
> a new session state, in this case "Open" or "Close". Such orders have a
> normal order type such as Limit or Market or even Stop, i.e. the "SSO"-
> part should be conveyed by something else than the FIX field OrdType.
>
> I suggest to use the TriggeringInstruction component as follows:
>
> 1100 TriggerType = 2 (Specified Trading Session) 1101 TriggerAction = 1
> (Activate) 1113 TriggerTradingSessionID = 1 (Day) 1114
> TriggerTradingSessionSubID = 2 (Opening) or 4 (Closing)
>
> You cann omit TriggerAction if you would only ever use value 1
> (Activate).
>
> Regards, Hanno.
>
>
> > Hi, I need to build 2 SGX order types for testing, 'SSOOpen' and
> > 'SSOClose'. Does anyone know the OrdType and TimeInForce for these
> > order types? Also, are there any other tags specific to these order
> > types that are required?
> >
> > many thanks for your help
> >
> > Graham Carter
Re: SGX Order Types
Graham Carter / PATSystems 15 Apr 2010 5:23AM ET
|
