BVMF Cross Trades
You are viewing X_TRADER Version 7.17 and higher. For earlier versions, click here
You can use the Wholesale Order window to make cross trades on BVMF when connected to a BVMF Gateway Version 7.17 or higher. For entering cross trades on earlier gateway versions, refer to Cross Orders.
Note: Cross trades on BVMF are considered OTC trades. Prices generated by the cross trades are not included in the central order book, and fills do not update the LTP in the book.�
Submitting BVMF Cross Trades
To submit a BVMF Cross Trade:
- Open the product you wish to trade in a Market Grid window.
- In the Market Grid, right-click
the row containing the product and select Wholesale Orders from
the context menu.
Note: The Wholesale Orders options is grayed-out if:
- Your administrator has not enabled wholesale trades in TT User Setup.
- The product/exchange does not support wholesale trades.
- Select Cross in the Order Types pane and set the quantity and
price for the trade.
Note: the Quantity field is highlighted and in focus when the window is launched. Pressing the asterisk as a hotkey adds three zeros to the end of an order quantity.
- Complete the remaining fields for both sides of the trade
as listed below:
|A drop-down list of available Customers.|
Only customers selected in the X_TRADER Customer Defaults window appear in the Customer field list. This is an optional field.
When a customer selection is made, the Account Number field is populated with the customer’s account number.
Note: Any changes to customer defaults (e.g., select another customer) requires a relaunch of the Wholesale Order window to pick up the most recent changes.
|Desk or DMA account number.||Required for cross trades. The account field is seeded with the account present in the Order Pane.|
A1 Client (Agency)
A2 House (Principle)
G1 Client (Agency); Giveup
G2 House (Principle); Giveup
Sets the type of account the trade will be submitted.
Sets whether the trade opens or closes a position.
Customer specific information
Sets the customer specific information.
Once the fields are complete, press the Send button.