A TT Iceberg order executes a large volume order by breaking it into smaller disclosed orders, publicly displaying only the specified portion instead of the full order quantity. When one disclosed portion fills, the next portion is entered into the market. This process continues until the order is filled. For more information, refer to the TT […]
An If-Touched is an order that is triggered when the market has reached or traded through a specified price in the market. If-Touched orders are similar to Stop orders except the trigger price behavior is inverted. An If-Touched trigger price is typically set better than the current market. Buy If-Touched orders are generally placed below […]
A TT Order Type order is a synthetic order that manages the submission and execution of other orders in the market. TT Order Types provide more robust order execution functionality than exchanges support natively. They offer order types not supported by exchanges or provide more options than exchange-native order types provide. For more information, refer […]
A TT Retry order is a synthetic order that repeatedly submits a child order until it is accepted by the exchange or until it is rejected a specified number of times. For more information, refer to the TT Retry Order section of the Trade help. Number NameFIX Tag Type Required Updatable FieldLocation Description (constructor variable) Instrument TRUE […]
A TT Stop order is triggered when the market has reached or penetrated a specified price in the market. Stop triggers are typically set worse than current market prices, which means that Buy Stops are placed above the current last traded price, while Sell Stops are placed below the last traded price. For more information, […]
A TT Time Duration order slices a large quantity order into smaller disclosed order portions for a specified duration to achieve the total goal quantity; child order portions are entered into the market based on an interval or disclosed quantity. For more information, refer to the TT Time Duration Order section of the Trade help. Number NameFIX […]
A TT Time Sliced order slices a large quantity order into smaller disclosed quantity orders. Child order portions are sent to the market at fixed time intervals. The resting portion might not be filled before it is time to disclose the next portion. For more information, refer to the TT Time Sliced Order section of the Trade […]
Timed orders are used to manage a trading day (e.g., exit by market close). For instance, you might want to submit an order as soon as the market opens, or exit a position just before the market closes. TT Timed order parameters schedule an order’s start date and time and/or end date and time and […]
A TT Trailing Limit order submits a native limit exchange order into the market then dynamically adjusts the price to stay within a specified distance of the market if it moves away. For more information, refer to the TT Trailing Limit Order section of the Trade help. Number NameFIX Tag Type Required Updatable FieldLocation Description (constructor variable) […]
A TT Volume Duration order slices a large quantity order into smaller disclosed orders based on trading volume. The resting portion may not be filled before there is enough trading volume to submit the next portion. The “Leftover” parameter for a TT Volume Duration order indicates how to handle the resting order when it is […]
A TT Volume Sliced order slices a large quantity order into smaller disclosed orders based on trading volume. The resting portion may not be filled before there is enough trading volume to submit the next portion. The “Leftover” parameter for a TT Volume Sliced order indicates how to handle the resting order when it is […]
A With A Tick (WAT) order is a limit order that that is automatically repriced one tick towards the market based on the price and quantity of the opposite inside market. For more information, refer to the TT With A Tick Order section of the Trade help. Number NameFIX Tag Type Required Updatable FieldLocation Description (constructor variable) […]