TT CME Gateway System Administration Manual - Trading ...
TT CME Gateway System Administration Manual - Trading ...
TT CME Gateway System Administration Manual - Trading ...
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1 <strong>TT</strong> <strong>Gateway</strong> and the Exchange<br />
<strong>CME</strong> <strong>Gateway</strong> <strong>System</strong> <strong>Administration</strong> <strong>Manual</strong> 15<br />
<strong>Trading</strong> Technologies International, Inc.<br />
Market State Description<br />
Expired Order Entry: Indicates an expired contract.<br />
No order actions are allowed and no matching<br />
occurs.<br />
Market Data: No market data is provided for<br />
the expired contract.<br />
State Changes: May occur as a transition<br />
from any other Market State, and is triggered<br />
by the expiry date and time on the contract<br />
definition sent by the exchange. Most often,<br />
Expired occurs immediately after Closed.<br />
Unknown (7.15 or higher) State Changes: The exchange’s market state<br />
cannot be determined by the <strong>CME</strong> <strong>Gateway</strong>.<br />
The contract may be in any of the above states<br />
except Expired. Unknown will occur if a<br />
gateway is restarted during an active trading<br />
session.<br />
Table 2. <strong>CME</strong> Market States
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