Enhancements: Broker Preferencing, CUSIP, MWCB

Subscriber Notice: 2022-01

To Our Valued Subscribers

Tradelogiq is implementing the following enhancements to the Production and Gateway Testing Environments scheduled to be available:

Implementation Date Environment
April 26, 2022 Gateway Testing Environment (GTE)
July 4, 2022 Production Environment

Please see below for the details of the new Enhancements:

New Functionality Description Marketplace Affected Fix Order Entry Multicast Feeds
Introduce Broker Preferencing for Lynx The matching priority for lit orders will be price/broker (attributed only)/time priority.

The matching priority for Passive hidden orders only will be price/broker (attributed and anonymous)/time priority.

Matching logic impact only. No new tags or values supported to FIX specifications
Lynx X
CUSIP Removal from Feeds CUSIP removal from Level 1 and Level 2 Market Data Feeds Omega & Lynx X
Introduce Circuit Breaker Halt Introducing 2 new system event messages to the Level 1 and Level 2 Market Data Feeds to support Market Wide Circuit Breaker.
‘B’ = Trading Halted due to Market-Wide Circuit Breaker.
‘R’ = Trading Resumed following Market- Wide Circuit Breaker
Omega & Lynx X

Clients are reminded that updated Market data specifications can be found on our website at: https://tradelogiq.com/market-data/ and FIX Specifications at: https://tradelogiq.com/connectivity/

The Tradelogiq Team

Phone: 416-646-2765
Email: [email protected]
www.tradelogiq.com

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