Imported from previous forum
What is the rigth use of Symbol (tag 55) on futures/options messages?. Regarding the large amount of contracts on derivatives of the same underlying, is the symbol the ticker of the underlying? Is any standard for this?
[ original email was from John Greenan - john.greenan@alignment-systems.com ]
If you trade using Bloombergs codes and want to trade a September )7 Euribor contract then you’ll just generally put 55=ERU7 rather than using 55=ER and 200=200709.
Up for bilateral discussion, but most futures brokers will be permissive to your systems limitations but their RoE will normally expect the full instrument identifier.
What is the rigth use of Symbol (tag 55) on futures/options messages?.
Regarding the large amount of contracts on derivatives of the same
underlying, is the symbol the ticker of the underlying? Is any
standard for this?