MCX Stock Exchange Limited |
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Mock Trading
In terms of provisions of the Rules, Bye-Laws and Regulations of the Exchange, members of the Exchange are notified as under:
To familiarize members to use the functionalities and features of new version of trading Software (MCX-SX TWS 10.1 and MCX-SX Member Admin 10.1), Exchange will be conducting a Mock Trading on January 30, 2010.
Schedule for Mock Trading:
Live Re-login Activity
Members may note that the trades resulting from such mock trading will not attract any margin obligation, pay-in and pay-out and do not create any rights and liability on members.
Procedure for downloading the files for participating in mock trading is specified in Annexure 1 and write up on the new functionalities is given in Annexure 2
Members are requested to take note of the above and participate actively in the Mock Trading Session. Members are also requested to give their feedback on the session.
For any clarifications, contact Customer Service on 022-67319010 or send email at customerservice@mcx-sx.com
For and on behalf of MCX Stock Exchange Limited
Ayanansu Panda Senior Manager
Encl: As above
Annexure-1
Steps for downloading files for participating in Mock Trading. a) Members are advised to log-in to the Member-Administrator and Trader Workstation with the same user id and password as being used in the Live environment
b) For Internet, Lease Line & VSAT users
(Extranet) Server using address ftp://192.168.13.84 for downloading through VSAT/Lease Line and ftp://ftp.mcx-sx.com for downloading through Internet to the members System. Files can be downloaded any time through Internet or can be downloaded through VSAT / Leased Line from January 29, 2010 after trading hours
mock Version 10.1.
Administrator for mock Version 10.1
environment of MCX-SX. c) CTCL users a. Necessary updates will be provided by empanelled vendors.
Annexure-2 New Functionalities:-
1. Combination order functionality :- A new functionality has been provided in Orders à Place Spread IOC/ Combination Order (Alt + F1 /F2). ‘Combination Order’ refers to 2 Leg and 3 Leg orders. ‘Combination Order’ allows the user to enter 2 or 3 IOC orders simultaneously in two or three different contracts with the purpose that the entered multiple orders gets matched either fully or partly but in Order Quantity proportion in which these contracts are entered in Combination Order entry. The fully or partly unmatched Combination orders get cancelled immediately
Each combination order gets converted into 2 or 3 normal orders depending upon the legs entered. All the Leg1, Leg2 and Leg3 orders have different order numbers and a Common Distinct Reference Number for each leg to identify that these orders have been generated through a Combination Order.
Each leg contract must be a different contract and should not contain a spread futures contract.
“Leg1+Leg2+Leg3 Contract Value” gets considered in Daily Order Limits Computation and Daily Order Limits get validated accordingly.
Online backup window enables the user to generate Normal order backup and spread IOC/Combination order backup separately.
In ToolsàPreferences àOrder tab, a new ‘Default Combination’ dropdown box has been introduced with values as Spread IOC, 2L and 3L.
In ToolsàPreferences à Alert tab, ‘Outside DPR order’, ‘Qty Alert (Market Lots)’, ‘Price Alert’ (% of LTP/CLP/BP) and ‘Value Alert’ gets checked against each leg of the combination order separately. ‘Fresh Order’ and ‘Market Order’ confirmation alert –single alert gets generated for combination orders.
2. Disclosed quantity preferences :- In TWS, Toolsà Preferences à Order tab, a check box preference has been provided to facilitate user to enable or disable disclosed quantity field in Normal Order and Square-Off Order Entry.
3. Trigger price same as Limit price in Stop loss order entry :- In TWS ToolsàPreferences àOrder Tab, a new Preference 'Trigger Price same as Limit Price' checkbox has been provided. If Preference is checked, then in Normal Order/Square-Off/Modify Order Entry screen when user inputs a value in ‘Price’ field while entering a Stop Loss Order and presses ‘Tab’ button and if Trigger price field if empty then ‘Trigger Price’ field would display the same value as entered in Price field.
4. Spread IOC Price Alert :- In TWS, Toolsà Preferencesà Alert, a new field ‘Spread IOC Price Alert (% of NM LTP/CLP/BP)’ has been provided to define Spread Price Alert % (in Field format as 99.99). If the Spread Price Alert % is defined, system calculates the Spread IOC Order Price Range by multiplying the defined SPREAD IOC Price Alert % with Spread IOC order’s near month LTP/CLP/BP. If the Spread IOC order’s Price is beyond the derived range, then an alert gets generated.
5. ‘Save as’ Option in the Net Position window in TWS & MAT: ‘Save as’ Option has been provided in the Net Position window on right click. On selecting the ‘Save as’ option, the system will save the net position in excel format as displayed on the screen using selected filter criteria.
6. Change in Order Number Structure :- The order number structure has been changed. It shall be a combination of SystemNumbers (2 digits), Date (5 digits in yynnn format where yy is the year, nnn is the day of the year starting from 001 to 365/366 (in case of leap year)) and Incremental sequence number (8 digits).
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