Directional
Experienced member
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when trading on LIFFE using an automated strategy, LIFFE will charge the trader messaging fee's if the message/trade ratio is less than 2:1
ie: you can only send 2 messages to every 1 trade (ie: 2 requotes), or else they will charge you a fee for the message.
my question is, how do they know if the message is an automated signal, or a manual entry?
is there something in the backend of TT or at the clearer which picks up on the message origin? does LIFFE take any message sent through TT API as an automated signal, for example?
ie: you can only send 2 messages to every 1 trade (ie: 2 requotes), or else they will charge you a fee for the message.
my question is, how do they know if the message is an automated signal, or a manual entry?
is there something in the backend of TT or at the clearer which picks up on the message origin? does LIFFE take any message sent through TT API as an automated signal, for example?