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BrokerTec on CME Globex Market Functionality
BrokerTec on CME Globex Market Functionality
- Space Sync for Confluence
Owned by Space Sync for Confluence
This topic describes market functionality for the BrokerTec market on the CME Globex platform.
Contents
- 1 Supported Functionality
- 1.1 Inverted Pricing
- 1.2 Statistics
- 1.3 Collateral Market Value Message
- 1.4 Workups
- 1.4.1 iLink 3 Workup FIX Tag Values
- 1.4.2 MDP3 Workup FIX Tag Values
- 1.4.3 Workup Processing Rules
- 1.4.3.1 Workup Ownership
- 1.4.3.2 Workup Phases
- 1.4.3.2.1 1 - Initial Trade/Workup Initiation Phase
- 1.4.3.2.2 2 - Private Phase
- 1.4.3.2.3 3 - Public Phase
- 1.4.3.2.4 4 - Workup Termination (Come-down) Phase
- 1.4.4 Workup Examples
- 1.4.4.1 Example 1 - Full Workup Life Cycle
- 1.4.4.1.1 Initial Trade/Workup Initiation Phases
- 1.4.4.1.2 Private Phase
- 1.4.4.1.3 Public/Termination Phases
- 1.4.4.2 Example 2 - Passive Ownership Only
- 1.4.4.3 Example 3 - Sweep Processing
- 1.4.4.4 Example 4 - Private Phase Order Priority
- 1.4.4.5 Example 5 - Managed Orders (“First and Third”)
- 1.4.4.6 Example 6 - Spontaneous Workup
- 1.4.4.1 Example 1 - Full Workup Life Cycle
- 1.4.5 BrokerTec on CME Globex Display Quantity Processing
- 1.4.5.1 Display Quantity Processing Rules
- 1.4.5.2 Display Quantity Examples
- 1.4.5.3 Trade Cancel and Correction Examples
- 1.4.5.3.1 Scenario 1 - Trade Cancel
- 1.4.5.3.2 Scenario 2 - Partial Trade Cancel
- 1.4.5.3.3 Scenario 3 - Partial Trade Quantity Correction
- 1.4.5.3.4 Scenario 4 - Spread Trade With Quantity Correction
- 1.4.5.3.5 Scenario 5 - Price Correction
- 1.4.6 Bilateral Accept/Reject Trading
- 1.4.6.1 iLink Bilateral Accept/Reject FIX Message
- 1.4.6.2 Bilateral Accept/Reject Trading Examples
- 1.4.6.2.1 Example 1 - Trade Acknowledgment
- 1.4.6.2.2 Example 2 - Trade Reject
- 1.4.6.2.3 Example 3 - Partial Trade Reject
- 2 Market Integrity and Risk Controls
Supported Functionality
Functionality | US Treasuries | UK Bills | EU EGB | US Repo |
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