Add TimeInForce value for Good Til Session

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Imported from previous forum

2

[ original email was from Jim Northey - jnorthey@lasalletech.com ]
Add a value that indicates order is only valid for a trading session.

3

[ original email was from Ryan Pierce - rpierce@taltrade.com ]
> Add a value that indicates order is only valid for a trading session.

Why?

Just enter TimeInForce=Day with the TradingSessionID repeating group containing just the session in question. The order expires at the end of said session.

4

> > Add a value that indicates order is only valid for a trading session.
>
> Why?
>
> Just enter TimeInForce=Day with the TradingSessionID repeating group containing just the session in question. The order expires at the end of said session.
>

The particular folks I’m working with their trading session can span a business date, e.g. session start 10pm, session end (next day) 9pm. There can be multiple sessions with different start and end times. GTS would allow the trader to specify the session the order is to be traded on and know that his order is pulled at the end of the session.

5

[ original email was from Kevin Houstoun - kevin.houstoun@ssmb.com ]
This issue has been assigned ID PC20030411_16 and will be discussed by the Global Technical Committee

> > > Add a value that indicates order is only valid for a trading session.
> >
> > Why?
> >
> > Just enter TimeInForce=Day with the TradingSessionID repeating group containing just the session in question. The order expires at the end of said session.
> >
>
> The particular folks I’m working with their trading session can span a business date, e.g. session start 10pm, session end (next day) 9pm. There can be multiple sessions with different start and end times. GTS would allow the trader to specify the session the order is to be traded on and know that his order is pulled at the end of the session.
>