The risk administrator at your firm sets the order permissions for submitting and managing care orders per account or user. The risk administrator also configures risk settings for the execution accounts used for submitting child orders related to the parent care order. Note: Staged orders themselves do not contribute to risk. Only child orders do. […]
The Order Ticket, Order Book, Fills, and Order and Fills widgets support the following care order user functionality: Submitting care orders Claiming and unclaiming care order Canceling or changing care orders Approving or rejecting a cancel or change request Assigning fills to a care order Submitting child orders for a care order Before you begin, […]
TT provides the ability to submit and manage care orders, which allow you to submit order intentions to another trader or trading desk for customized handling and execution. For example, a portfolio manager might need to buy a quantity of contracts sufficiently large that it would adversely affect the contract price. In such a case, […]
The Order Exceptions widget enables brokers and execution desk traders to efficiently manage and resolve FIX care order rejections. Sell-side institutions and brokers require tools for handling rejected care orders while managing a high volume of client orders. The Order Exception Widget displays FIX care order rejections and provides tools such as Repair and Reject […]