MEFF

MEFF

Adding a MEFF account

To add an MEFF account:

  1. Click Accounts in the left navigation pane.
  2. Click +New Account at the top of the Accounts screen.

    The Account Information section is displayed.

  3. In the Account Name/Number field when creating an account for MEFF exchange, enter the up to 5-character user-defined account name, which is required for order routing. The user's TT routing account is sent to the exchange as the clearing account on each order action in Tag 1.

  4. Configuring MEFF exchange properties

    1. Click Accounts in the left navigation pane and select an account in the data grid.
    2. Click the Exchanges tab for the selected account.
    3. Click the Select an Exchange selector to find and select an exchange.
    4. Configure the settings in the Exchange Properties section.

      To configure MEFF exchange properties:

      • Clearing Account Override — Overrides the TT account value in Tag 1 on order actions sent to the exchange. You can enter up to 5 characters and this field is optional. By default, the user's TT account is sent as Tag 1.
      • Direct Electronic Access — Sets whether or not the order is sent from direct/sponsored access, or from another source. Valid values:
        • None
        • Yes
        • No
      • Trading Capacity — Indication of dealing on own account (DEAL), matched principal (MTCH), or any other trading capacity (AOTC). Valid values:
        • Deal
        • Match
        • Any other capacity
      • Liquidity Provision — Indication of market making. Valid values:
        • None
        • Yes
        • No
      • Commodity Derivative Indicator — Indication of whether the order is for hedging purposes to reduce risk. Valid values:
        • None
        • Yes
        • No
      • Investment Decision ID — User or firm who made the trading decision. Enter a registered ID/Short Code.
      • Execution Decision ID — User or firm that submitted the order. Enter a registered ID/Short Code.
      • Client ID — Customer identification. Enter the customer's legal entity identifier (LEI/Short Code).
      • Client ID Type — Identifies the type of client submitting the order. Select either "Firm" or "Natural Person".
      • Execution Firm — Identifies the firm or user managing the account. Enter a user-defined value.
      • Apply to all sub-accounts — Allows a company sharing an account with another company to lock the value in an account field. This ensures that any sub-accounts added to the shared parent account cannot have a different value in this field and that the locked value is sent to the exchange. Check the checkbox next to each field to lock its value as needed. When checked, the value cannot be changed on any sub-accounts added by your company or a shared company.
    5. Click Save Changes.