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Support for Implied Prices

Overview

TFX Gateways support implied prices for Futures and Spreads only.

TFX supports 1st Generation implied prices. The exchange allows two types of implied functions: Implied-in and Implied-out.

By default, current versions of X_TRADER do not support Implied In calculations for TFX. However, customers can obtain an ImpliedConfig.cfg file from their TAMs that will enable limited Implied In calculations for TFX in X_TRADER.

Implied-out/Implied-In Functionality

TFX supports Implied-Out functionality. For TFX, the Implied-out functionality derives outright orders from the explicit strategy orders and works with calendar spreads.