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Trading Technologies 2020 Broker Profile: Difference between revisions

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Trading Technologies does not support Native One-Cancels-Others group. In this case MultiCharts emulates OCO group on its end. Simulated OCO-group means that all OCO orders are sent to the broker, price is monitored by MultiCharts and once one of the orders is filled, other orders from this OCO group are cancelled by MultiCharts. When one of the OCO orders is filled, MultiCharts sends a command to cancel the second OCO order to broker.  Note that the second order may also be filled if price reaches its level before the cancellation is processed by the broker (see [[Trading Risks#OCO-Orders Risk|OCO-Orders Risk]]).
Trading Technologies does not support Native One-Cancels-Others group. In this case MultiCharts emulates OCO group on its end. Simulated OCO-group means that all OCO orders are sent to the broker, price is monitored by MultiCharts and once one of the orders is filled, other orders from this OCO group are cancelled by MultiCharts. When one of the OCO orders is filled, MultiCharts sends a command to cancel the second OCO order to broker.  Note that the second order may also be filled if price reaches its level before the cancellation is processed by the broker (see [[Trading Risks#OCO-Orders Risk|OCO-Orders Risk]]).


====Setting up Trading Technologies Broker Profile====
==Setting up Trading Technologies Broker Profile==


In the '''Properties Trading Technologies''' window (see [[Broker Profiles Overview#Managing Broker Profiles|Managing Broker Profiles]])  enter the information provided by Trading Technologies
In the '''Properties Trading Technologies''' window (see [[Broker Profiles Overview#Managing Broker Profiles|Managing Broker Profiles]])  enter the information provided by Trading Technologies


=====Connection settings tab=====
===Connection settings tab===


# Order Connection Settings section. <br/> '''Server IP''', '''Password''', '''Port number''', '''SenderCompID''' and '''TargetCompID'''.
# Order Connection Settings section. <br/> '''Server IP''', '''Password''', '''Port number''', '''SenderCompID''' and '''TargetCompID'''.
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# Reconnection Settings section. <br/> Configure timer to reconnect if connection to TT is lost.
# Reconnection Settings section. <br/> Configure timer to reconnect if connection to TT is lost.


=====Trading Accounts tab=====
===Trading Accounts tab===


# Trading section. <br/> '''Account number''' <br/> '''Clearing Account''' number <br/> '''FFT2''' tag <br/> '''Agent Account''' tag.
# Trading section. <br/> '''Account number''' <br/> '''Clearing Account''' number <br/> '''FFT2''' tag <br/> '''Agent Account''' tag.
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# If the account requires enabling multiple gateways feature, check the '''Use Multiple Exchange Gateway (Tag 18203)''' box.
# If the account requires enabling multiple gateways feature, check the '''Use Multiple Exchange Gateway (Tag 18203)''' box.


===MiFID II Settings tab===
Due to fact that Trading Technologies expanded their Fix API protocol for MiFID regulations, corresponding settings were introduced in '''MultiCharts 12'''. The following parameters can be speicifed:
* '''Direct Electronic Access'''
* '''Trading Capacity'''
* '''Liquidity Provision'''
* '''Commodity Derivative Indicator'''
* '''Investment Decision ID'''
* '''Execution Decision ID'''
* '''Client ID'''
* '''FFT4'''
These configuration parameters need to be provided by the broker.


[[Category:Broker Profiles]]
[[Category:Broker Profiles]]