User Help System
Order Handling
CME Direct functionality allows Clearing Firms to set default Customer Order Handling Instructions (Tag-1031) for CME Direct customers from the Clearing Member View application.
The default setting defined by the Clearing Firm overrides Order Handling Instructions set by Traders using the firm's accounts when entering orders.
Order Handling Instructions include the following values:
- Y - Client, Electronic
- W - Desk, Electronic
- C - FCM-provided screen
- G - FCM API or FIX
- H - Algo Engine
- D - Other, including Other-Provided Screen
Note: Order Handling Instructions (Tag-1031) defines the source of the original order.
Clearing Member View
The Clearing Member View allows Clearing Members to define a Default Order Handling Instruction and an Override Order Handling Default.
An Order Handling Instructions option, available from the Clearing Member View menu icon, opens an Order Handling Instructions window that displays a list of companies with permission to enter orders using the Clearing Member's Accounts.
The Order Handling Instructions window allows users to configure instructions at the Company and User levels. The Default Order Handling Instruction column displays the system default instruction for each company listed. The Override Order Handling Default field provides a list of instructions that allow a Clearing Member to select a value that overrides both the system default and any value selected by the User.
Note: Once an override is set by a Clearing Member it cannot be overridden by the User.
Note: Selecting multiple companies allows Clearing Members to set an override value for several companies at once.
After selecting Save, Clearing Members receive a message to confirm the override value. Select ok to apply the override value.
Order Handling Instructions set at the Company level are applied to each User within that company.
