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ICE Gateway

Trader and Firm Identification

Obtaining Exchange Credentials/Membership

ICE offers different types of memberships based on the market you wish to trade. For all markets, the membership process includes meeting certain eligilibilty requirements and completing all required applications and agreements.

  • ICE Futures Canada offers the following types of memberships. In addition to the required exchange applications and agreements, particapants are bound to abide by the rules of the Exchange and the provisions of the Commodity Futures Act (Manitoda) (CFA).
    • Direct Access Trading Participants: may trade on the exchange through direct access to the Trading System.
    • Trading Participants: may trade on the exchange through an arrangement with an FCM (Futures Commission Merchant) Direct Access Trading Participant.
    • Merchant Participants: may register elevators and/or issue Warrants and may also register as a Trading or Direct Access Trading Participant.
    Note

    For more information on obtaining membership with ICE Futures Canada., visit their website at https://www.theice.com/futures_canada_membership.jhtml.

  • ICE Futures Europe offers three types of memberships and clearing status’ that determine the types of business members may conduct:
    • General Participants: may trade their own business and on behalf of clients. This type of membership includes to the ability to submit giveups.
    • Trade Participants: may trade their own business but not on behalf of clients. This type of membership does not allow for giveups.
    • Individual Participants: may trade their own business only. This type of membership is for sole traders or companies which are 90% owned or vote controlled by a sole trader. This type of membership does not allow for giveups.
    Note

    For more information and applications related to obtaining membership with ICE Futures Europe., visit their website at https://www.theice.com/membership.jhtmlhttps://www.theice.com/membership.jhtml.

  • ICE Futures U.S. offers the following membership types:
    • Floor Trading Member: In addition to the required exchange applications, you must register with the National Futures Association to participate as a Floor Trader or Floor Broker.
    • Non-Floor Trading Member: To begin this process, you must complete and submit an application for membership with the exchange.
    • Member Firm Priveliges: To apply for Member Firm Priliveges, you must submit the required exchange applications and meet certain eligibility requirements. You must also submit supporting documentation related to orginization’s status as a corporation, partnership, LLC or sole prorietorship entity.
    Note

    For more information and applications related to obtaining membership with ICE Futures U.S., visit their website at https://www.theice.com/us_membership.jhtml https://www.theice.com/us_membership.jhtml.

TT Direct Trader IDs

You can determine and set up any Member ID and Group ID you like, however, each trader must have a unique Trader ID and associated password distributed by ICE.

When entering Users into the Windows User Authentication System, you must use the format: MemberGroupTrader where:

  • Member: A maximum seven-digit variable determined by the customer.
  • Group: A three-digit variable determined by the customer.
  • Trader: This must match the User ID that ICE Gateway distributes. ICE Gateway distributes one User ID per trader. A User ID can have up to 11 characters. For ICE Gateway 7.17, the Trader ID must be configured as the Operator ID in TT User Setup.

TTORD Trader IDs

You must map each TTORD trader to an exchange recognized direct trader.

You must complete the following fields in Guardian to map a TTORD proxy trader to a direct trader:

  • Exchange: the TT Gateway exchange-flavor (e.g., ICE-A)
  • Member: the TTORD trader ID
  • Group: a three-digit variable defined by the user.
  • Trader: a multi-digit variable defined by the user.

If an incorrectly mapped TTORD trader submits a trade, the ICE Gateway rejects the transaction and forwards a No mapping for Trader TTORDXX 001 001 acct |XX001001| in database error message to the X_TRADER® Audit Trail.

If a TTORD trader submits a trade with an unrecognized account, the ICE Gateway rejects the transaction and forwards a Trader TTORDXX 001 001 is not allowed to use account |ABC| error message to the X_TRADER® Audit Trail.

Order Session Identification

TT Gateways 7.16 and higher contain an enhancement that displays the exchange credential used to route all orders and fills through the exchange. This includes all order modifications and exchange rejects but does not include orders actions on Hold orders and position reserve orders.

Currently, this value is available in the following locations:

  • Audit logs: appears in the ExchangeCredentials column
  • Order Server logfile
  • FIX Adapter 7.8: via Tag 18216 (ExchCred)
Note

The exchange credential will be available in future versions of other TT client applications.

For ICE, the exchange credential is a combination of the SenderCompID and SenderSubID as listed in the GatewayCompany and GatewaySessionID parameters listed in the [OrderSession#] section used to route the order.

This information is available for all actions on orders and fills.