How will customers be charged for TT SIM?
TT SIMTM will be included, for free, with X_TRADER® licenses.
To use TT SIM, what licenses are required? Does TT SIM consume an X_TRADER license?
To use TT SIMTM, users must have access to X_TRADER®. However, TT SIMTM does not consume an X_TRADER® license. Also, because the solution depends on live market data, users must have production TT Gateway licenses to access the instruments they wish to trade.
Does the market need to be open in order to use the Simulation Solution?
Yes, because all of the market data and instrument definitions come from the live market. In addition, their TT Gateway must be connected to the exchange.
Do I need to run the simulation infrastructure on my own workstation, or can I take advantage of someone else’s installation?
Each trader must run their own simulation infrastructure. Simulated data will not leave the client machine, thus “sharing” is not possible.
What TT Gateways does TT SIM work with?
TT SIM underlying architecture is designed to work with all TT Gateways including those currently released and future releases. At this time, TT SIMTM does not support exchange-specific functionality (e.g., BrokerTec Workup).
Will I be able to use an old X_TRADER® on the new Simulation Solution, or do I need to upgrade my X_TRADER®?
You must upgrade to at least X_TRADER® 7.11 in order to use the Simulation Solution.