Description

Trading rules that are applicable to a market, market segment or individual security independent of a trading session.

Structure

Tag Field Name Req'd Comments
Component Block - <TickRules> N This block specifies the rules for determining how a security ticks, i.e. the price increments at which it can be quoted and traded, depending on the current price of the security
Component Block - <LotTypeRules> N Specifies the lot types that are valid for trading.
Component Block - <PriceLimits> N Specifies the price limits that are valid for trading.
Component Block - <PriceRangeRuleGrp> N

Specifies the valid price range tables for trading.

Component Block - <QuoteSizeRuleGrp> N

Specifies the valid quote sizes for trading.

827 ExpirationCycle N
1786 TradeVolType N
562 MinTradeVol N The minimum order quantity that can be submitted for an order.
1140 MaxTradeVol N The maximum order quantity that can be submitted for a security. For listed derivatives this indicates the minimum quantity necessary for an order or trade to qualify as a block trade
1143 MaxPriceVariation N The maximum price variation of an execution from one event to the next for a given security. Expressed in absolute price terms.
1144 ImpliedMarketIndicator N
1245 TradingCurrency N Used when the trading currency can differ from the price currency
2934 TradingCurrencyCodeSource N
561 RoundLot N Trading lot size of security
1377 MultilegModel N Used for multileg security only. Defines whether the security is pre-defined or user-defined. Not that value = 2 (User-defined, Non-Securitized, Multileg) does not apply for Securities.
1378 MultilegPriceMethod N Used for multileg security only. Defines the method used when applying the multileg price to the legs.
423 PriceType N Defines the default Price Type used for trading.
2557 FastMarketPercentage N

Can be used as a factor to be applied to other base trading rules during a fast market, e.g. to widen price or size ranges by the specified percentage factor.

2559 QuoteSideIndicator N

Used In