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TFX Gateway Documentation

Support for Implied Prices


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.