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MX Gateway Documentation

Support for Implied Prices


Implied prices sent by the exchange for the BAX product via the HSVF are supported by the MX Gateway and sent to the client trading applications. Users can configure X_TRADER® to display the implied prices in the Market Grid window. Currently, MX only provides implied prices for BAX.

TTQ, VAP, and Implied Trades

The MX Gateway includes trades with implied prices to calculate the following:

  • Total Traded Quantity (TTQ) and Volume at Price (VAP)
  • Last Traded Quantity (LTQ)
  • Last Traded Price (LTP)