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iLink Order Management

iLink Order Management

When an order is accepted by CME Globex, that order will execute according to the parameters defined in the iLink New Order message or, if applicable, the Order Cancel/Replace Request (tag 35-MsgType=G) message. Specifically, the order type defined in tag 40-OrdType and the order qualifier behavior defined in tag 59-TimeInForce.

Orders may not be entered on CME Globex before receiving the Security Status (tag 35-Msg-Type=f) message where tag 326-SecurityTradingStatus=21 (Pre-Open). Orders submitted before the pre-open will be rejected and may be subject to disciplinary action.

Detailed information on supported order types and qualifiers is available in Order Management.

In addition, this section describes:

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