Try TT Now

Autospreader

Quoting in Illiquid Markets

To prevent an infinite quoting loop against itself, Autospreader uses its own orders to determine if a market is illiquid. This logic is implemented in the following ways:

If...Then...
Autospreader enters your orders, and your orders are the only orders in the market for any of the legs, on the side on which Autospreader is leaning…

The order is rejected and the following message appears:

Quoting not allowed against an illiquid market.

Autospreader has orders working in the market, and then its orders become the only orders in the market on the side on which it is leaning…

The working orders are pulled, and the following message appears:

Quoting not allowed against an illiquid market. Removing spread orders.

A spread quoting order has been filled…Hedge orders are NOT pulled or rejected regardless of market liquidity.