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Date/Time: Thu, 25 Apr 2024 22:04:53 +0000



Post From: Now Released: Upcoming CME Direct Routing

[2021-06-26 08:27:21]
Sierra_Chart Engineering - Posts: 14090
We are continuing to work on the items in post #29.

There is also a request from one firm for the "Peak Margin".

We will include that field in the Trade Accounts Monitor. This would be the highest margin required by the Trading account during the trading day. It resets at the end of the day.

For one firm, the way in which the account balances and positions are obtained from the back-office system at the end of the day, is they put the files for each trading platform on a secure FTP server, and then the trading platform fetches them at the end of the day. So that is the procedure that would be followed for Sierra Chart with that firm.

Once again we cannot give any specific time for release, but obviously there is more work we are doing on our side, and we do need to do testing of the real-time mirroring functionality. and there is some further development required with that, with the trade activity log.

We expect all of this will be finished, by the end of next week.

We cannot give any time estimate because we do not know, when everything goes live with one or more clearing firms. This should not take long, but it is not surprising, we are still months away from the start of this thread. This is a major undertaking in many ways. Although this has been in development for about two years ( the CME specific order routing), at this time we are progressing quite fast with all remaining items.
Sierra Chart Support - Engineering Level

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Date Time Of Last Edit: 2021-06-26 08:28:42