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All users of CME Group Self Match Prevention agree that they have read and understand the functionality and limitations expressed in the CME Group Self Match Prevention FAQ, Client Systems Wiki, as well as Rule 534-Wash Trades Prohibited.
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Info | title | CME Direct SMP
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CME Direct supports SMP and a Self-Match Protection feature at the firm and user level that only affects orders entered via CME Direct. |
Contents
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Customer Registration
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- Tag 8000 on the aggressing order always determines which order(s) is cancelled.
- When tag 8000 is not present on the aggressing order, the resting order(s) is cancelled.
- Tag 8000 on the resting order(s) do not determine which order(s) is cancelled.
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For Mass Quotes, Self-Match Prevention instruction indicating to cancel the resting or incoming (aggressing) side is not available. If SMP functionality is triggered, only resting quotes are cancelled. |
Tag 8000-SelfMatchPreventionInstruction can be submitted on the following messages and will acknowledged back on the corresponding Execution Reports:
- New Order Single (tag 35-MsgType=D)
- Order Cancel-Replace Request (tag 35-MsgType=G)
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