Dealerweb

Dealerweb

Dealerweb overview

Dealerweb is a comprehensive and highly effective solution in the search for fixed income liquidity. As an SEC-registered alternative trading system (ATS), Dealerweb acts as an inter-dealer broker (IDB) between many of the world's largest commercial and investment banks and principal trading firms (PTFs), facilitating trades between buyers and sellers on electronic, hybrid, and voice platforms.

Dealerweb Exchange API

Access to Dealerweb is supported by FIX connections for market data and order entry.

TT® supports the following:

  • Prices: FIX 4.4
  • Orders: FIX 4.4

Matching Algorithms

  • FIFO

Dealerweb Market Depth

TT forwards all supported levels of depth.

Dealerweb Trading Hours

Dealerweb trading hours are as follows:

  • Sunday 18:15 — Friday 17:45 (ET)
  • (Break) Monday — Thursday: 17:45 — 18:15 (ET)

Unsupported Exchange Functionality

The following TT functionality is currently not supported for trades on Dealerweb:

  • Order book sharing

Order Book Sharing

The exchange does not permit an order entered by one Exchange Trader ID to be modified or deleted by another Exchange Trader ID. For this reason, TT recommends using a different TT Routing account for each Exchange Trader ID. Any other TT users with access to that account should be view-only.

Connectivity Options

The TT® platform provides connectivity to the exchange, so you do not have to contact the exchange regarding connectivity options. Refer to TT Access for more details about your connectivity options for connecting to TT.