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Guardian

Product Table Setup

Each Product Table displays a list of tradable products, as well as information related to those products such as Type, Margin, Point Value, Currency, etc. Guardian bases the products displayed at any given time on the exchange selected from the window’s Exchange box. Only those products tradable on that specific exchange display.

Each exchange has two Product Tables - one for Production and another for Simulation. The appropriate table displays based on the current Guardian mode (refer to ).

If you are an administrator, you can edit Product Tables at any time and from any workstation running Guardian. However, TTADM-XXX-<anything> and TTRISK-XXX-<anything> are the only risk administrators who always have access to all product tables. All other risk administrators can access only those product tables that match the market to which they are logged in.

Note: Publishing the changes to all GuardServers running on the TT Gateways propagates changes to the Product Table.

 

You can incorporate any of the following options when adding a product to the Product Table:

 

ColumnDescription
ProductDisplays the name of the product (e.g. FGBL, ODAX, etc.) that a trader can trade.
TypeDisplays the type of product (e.g. futures, options, spreads, etc.) that a trader can trade.
AliasDisplays the product as it appears in X_TRADER®.
DescriptionDescribes products without a symbol (i.e., bonds).
MarginSets the margin value of the product. When writing this value to the product table, Guardian multiples the number you enter by 100 to account for decimals and internal application uses.
Point ValueDetermines the value of one price point. After you enter the point value, Guardian automatically calculates the number of decimals needed to support that value. The default is 2. However, Guardian supports no more than 5 decimals. Therefore, a point value such as 10.123456 will be reduced to 10.12345.
Round LotDefines the value used to determine the default quantity for the up and down arrows in X_TRADER®.
CurrencyDefines the currency of the traded product (e.g. USD = United States Dollar).
Tick TableDisplays a tick table to calculate tick size; you can create or edit tick tables from the Product Table window.
Price FormatControls the way prices display (decimal or fractional) in X_TRADER®.
Num:Defines the numerator. See below.
Denom:Defines the denominator. The numerator is divided by the denominator to calculate the base tick value. The base tick value is then multiplied by the value in the Tick Table's Ticks column to determine the product’s tick size.

Note: You use the Override button for Overriding Product Table Settings.

To edit a Product Table:

You must have administrative privileges to change a product table.

  1. Change the mode if necessary.

    The Guardian window title bar displays the current Mode (Production or Simulation; refer to ). Separate Product tables are maintained for each mode.

  2. On the Admin menu, click Product Table Setup.
  3. In the Exchange list, click the appropriate TT Gateway.
  4. In the Product Table window’s lower pane, edit the information presented in any of the available fields (e.g. Change the Currency from USD to CAD).
  5. Click Publish.

If you close the Product Table or Guardian window prior to publishing the data, all changes are lost.

Note: If you receive a warning message that all GuardServers are not running, choose Yes to proceed. Any GuardServers not running will automatically receive the updated Product Table on startup.

A default list of products displays for each exchange that you click in the Exchange box on the upper pane of the Product Table window. Currently, TT provides a default product table with each TT Gateway. Typically, it is not necessary for a user to need to add products. In instances where you must add a product, follow this procedure:

To add a Product to the Product Table:

  1. On the Admin menu, click Product Table Setup.
  2. On the Exchange box, click the appropriate TT Gateway.
  3. On the Product Table window’s lower pane, click a product row.
  4. On the Product Table box, click Insert Row.
  5. Enter all appropriate data for the new row, including Product, Product Type, Currency, etc.
  6. Click Publish.

If you close the Product Table or Guardian window prior to publishing the data, all changes are lost.

Note: Instead of inserting a row, you can scroll to the bottom of the product list, click the line below the last entry, enter the appropriate information in the fields provided, and then click Publish to save your changes.