TT Uncovered 3.0

TT Uncovered 3.0

Managing an Uncovered Order with TT Uncovered 3.0

Once a TT Uncovered synthetic order is placed, it can be managed via the Order Book.

Columns related to TT Uncovered can be added via “Edit Columns”.

  • UnHgdQty — This quantity is the fill quantity of futures allocations minus the fill quantity of the hedging orders.
  • OptBid, OptBidQty, OptAsk, OptAskQty — Displays the underlying option quote details alongside synthetic quote being calculated and displayed.
  • Reprice Hgd Ord — Ability to select a TT Uncovered order that has a “legged” hedge order and reprice it to the inside futures market.
  • Note This may result in a synthetic fill price that is outside the limit price for the order.

You can right-click on a working TT Uncovered UDS and select “Reprice Hedge Orders to Market” to resolve a “legged” hedge order.

Note This may result in a synthetic fill price that is outside the limit price for the order.