Note: Timer rules are defined by the exchange and vary by instrument. Because there rules frequently change, TT recommends that you verify timer rules with the exchange.
US Treasury - Actives | |||||
Security | Price Tick Increment | Hold in Timer(Per Second) | New Trade ThroughThreshold | WorkupTimersPrivate/Public1/Public2 | Prohibit LockedMarkets - ON |
2 Year | 1/4 | 1 | 1 | 0/3/3 | Yes - convert passive to aggressive |
3 Year | 1/4 | 1 | 1 | 0/3/3 | Yes - convert passive to aggressive |
5 Year | 1/4 | 1 | 1 | 0/3/3 | Yes - convert passive to aggressive |
7 Year | 1/2 | 1 | 1 | 0/3/3 | Yes - convert passive to aggressive |
10 Year | 1/2 | 1 | 1 | 0/3/3 | Yes - convert passive to aggressive |
30 Year | 1/8 | 1 | 1 | 0/3/3 | Yes |
Government of Canada Bonds | |||||
Actives | 1/2 cent (.005) Price | 1 | None | 8/8/8 | Yes |
Bills | (.01) Yield | 0 | None | 10/10/10 | Yes |
Rolls | (.01) Yield | 0 | None | 10/10/10 | Yes |
Hold in Timer: The best bid and the best offer cannot be canceled for two seconds; however, you can reduce the quantity to a 1-lot (one million). Orders joining the best bid and best offer are not subject to the Hold in Timer rule.
Trade Through Threshold: This is the minimum order quantity needed to end the current workup market and trade through to the next available price.