StopMktlimit Orders on JPX

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Imported from previous forum

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Hi Hanno,

thank you for that. We’ll give that a try.

thanks

Graham

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Hi guys,

we need to add support for StpMktLmt orders on the JPX exchange via our FIX GW.
Has anyone ever traded this order type via FIX?
We’d be interested in knowing the Order Type and TimeInForce values for this.

many thanks

Graham

4

Hi Graham,

not sure what the exact sematics of “StpMktLmt” are but maybe it is about a stop order that is to be triggered as a market order of which the remaining part is then to rest as a limit order on the book (?).

40 OrdType = 3 (Stop)
1100 TriggerType = 4 (Price Movement)
1101 TriggerAction = 1 (Activate)
1102 TriggerPrice = <…>
1102 TriggerPriceType = 2 (Last Trade)
1111 TriggerOrderType = K (Market With Left Over as Limit)

Regards,
Hanno.