Posted: May 02, 2013 @ 07:47 PM             Msg. 1 of 2

In the OEC Trader Demo, I can't change the price of a LMT order for a Russell 2000, mini option in the downward direction.

To test:
- futures symbol is RLM-MM3
- option symbol is ORLM-MK3
- ticksize according to OEC Trader Demo Quotes is .1
- this tick size is likely formatted using (contract->PriceFormat), which is 1
- min move is actually .05
- corresponds with (contract->TickSize)

I believe the mismatch between these 2 values is the issue: where .05 requires 2 digits of precision, its precision is currently set to one, so it /appears/ to the user as .1.

Thanks,
CHW

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CHW

Posted: May 03, 2013 @ 05:07 PM             Msg. 2 of 2

Testing this today for a moment, all I have to do is click the downward arrow twice, and the premium will change by .1.

So it still allows the user to place orders using the convenient up/down arrows; it just is not allowing the use of the .05 minmove.

As ORLM-M is not (yet?) listed in the Options list in your documentation:

http://www.openecry.com/trading/specifications.cfm?CurrentAssetType=Options&ViewBy=MarketGroup

this info is either useful to you as you develop ORLM-M for full support, or I am writing a post about an option symbol that you do not intend to support in the future.

Thanks,
CHW

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CHW