Support Board
Date/Time: Fri, 10 Jan 2025 20:49:15 +0000
Post From: Lmax quantity 10=1
| [2016-09-28 12:22:59] |
| bob7123 - Posts: 7 |
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Hi, I just opened a new account with LMAX and I am seeing the same phenomenon, which is kind of a pain. The reason for the phenomenon, as far as I can tell, is because some LMAX CFDs must be traded in whole units, e.g. NDX (US Tech 100, tracks CME NQ contract) and NDXm, mini version of same, but other LMAX contracts, e.g. XTIUSD (US Crude, tracks CME CL contract) can be traded in .1 units. I am guessing that some interface between me and LMAX requires integer quantities, perhaps Sierra Charts itself, so the work around is to multiply all LMAX contract quantities by 10. This makes things messy because: -It is a pain because the P/L and DlyPL fields in the DOM are off by a factor of 10 too. -The DOM is confusing because the Bid/Ask quantities are NOT multiplied by 10, leading to confusion about how much liquidity is available. Perhaps there are other issues too, but this is what I've identified so far. I don't know if there is anything that can be done about these issues, but it feels a lot more like a bug than a feature. If the quantity issue can be addressed in some manner, things would be a lot less confusing for LMAX users. Thanks, -Bob Date Time Of Last Edit: 2016-09-28 12:23:21
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