Access Overview Prior to using the TT Uncovered application, administrators must enable and configure the trader as an active user on the TT Platform. This includes performing the following in TT’s Setup application:
Once a TT Uncovered synthetic order is placed, it can be managed via the Order Book. Columns related to TT Uncovered can be added via “Edit Columns”.
To open TT Uncovered, in the workspace menu bar, click Widgets | Options | TT Uncovered. Quick-opening from an option or option strategy The user can send an option or option strategy to TT Uncovered from the Market Grid, Options Chain, or Strategy Creation widgets. TT Uncovered opens with that instrument already loaded in the […]
The user can submit orders against TT Uncovered synthetic markets the same way the user submits orders for exchange-traded instruments.
The TT Uncovered configuration window provides the user with configuration options in creating a synthetic quote. Auto Disabled When Auto (6) is unchecked, four additional fields appear: A. Delta Range – The number of steps above and below the Delta, each as large as the Delta Step Size, used when creating the set of covered […]
If the user adds a synthetic quote to a Market Grid, the user can add columns for OptBidQty, OptBid, OptAsk, and OptAskQty to display underlying option quote details alongside the synthetic quote.
When the user opens the TT Uncovered widget, it displays the list of synthetic quotes the user has created and those that have been shared with the user. The user can launch, create, and manage (copy, share, delete) all of the user’s synthetic quotes from this widget. The user cannot edit an existing synthetic quote. […]