Price Discretion

The purpose of this test is to verify the client system can submit an order with Price Discretion and receive and process the Acknowledgement and Fill messages

  1. Select a SenderComp from the drop-down and select ASSIGN if a SenderComp is not already assigned.
  2. From the Contracts drop-down, select the desired contract if the contract is not already locked.
  3. Select the START TEST button.

Note: DO NOT select the START TEST button once the test is in progress.

Note: If a test is not proceeding to the next step, selecting the Refresh button ( ) below the test steps may resolve the issue.

Note: If a test is not proceeding to the next step, selecting the Refresh button ( ) below the test steps may resolve the issue.

  1. To run a Price Discretion test:
  1. Over an iLink connection, submit a GFS order with Price Discretion with a quantity greater than 100 Million
  2. Receive and process Execution Report - New Order.
  3. Receive and process Execution Report - Trade Outright at Discretion Price.
  4. Receive and process Execution Report - Trade Outright as Maker.