Custom Market User Guide

Short Description
Future/Option trading for all SFE option products. .. Inter and Intra month futures spreads and strategies that are not pre-defined by the Exchange via the …

Website: www.sfe.com.au | Filesize: 66kb

Content
SYCOM?Custom Market Facility
The Custom Market facility is a bulletin board style window where non-defined exchange strategies may be
displayed and traded:
· A maximum of six legs may be used for any strategy.
· Any combination of futures and options may be included in the strategy.
· Defined spreads that are offered by the Exchange may not be entered (example: XTYT inter-commodity
spread.)
· All strategies are displayed in the lowest common denominator to allow all participants to engage in
trading.
· There is no legging risk when trading via the custom market.
The publication of the SYCOM?Custom Market allows greater transparency and, in turn, greater trading
activity of the following contracts:
· Inter and intra month option strategy trading for all SFE option products.
· Future/Option trading for all SFE option products.
· Inter and Intra month futures spreads and strategies that are not pre-defined by the Exchange via the
SYCOM?trading platform.
· Inter-regional orders and other non-standard orders in the d-cypha SFE Australian Electricity Futures
contracts.
SYCOM?uses the following algorithm to execute a custom order:
1. The system will firstly attempt…