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Date/Time: Wed, 27 Nov 2024 19:38:05 +0000



Post From: 6J futures, inverted prices and Chart DOM trading

[2023-07-19 05:33:57]
User500196 - Posts: 1
Hello Support Team,

I am trading the CME 6J futures contract, and was happy that I could easily invert the prices displayed on the chart via a toggle in the chart settings.

This converts the price, e.g. 0.0072450 (USD required to buy Yen) into 138.0262299 (amount of Yen that one USD buys) which is a little easier to read and think about (e.g. USD strength/weakness).

However I also like to trade off the chart via the Chart DOM, but when using inverted prices my orders are rejected, I think because displayed inverted price is being submitted.

The error from the trade service log is:

Teton CME Order Routing (Order reject). Info: CME (Rejected).
Text: Order price is outside bands 'Bid of 137897552.50 violates High Band 7302.00 using Delta .00, C.Last equals 7242.00'.
Text: Parent order. Internal Order ID: xxxx. Service Order ID: xxxxxxx.
Symbol: 6JU23_FUT_CME.
Account: xxxx | 2023-07-19 15:05:54.703 *

Is there any way to have an inverted price displayed and have orders submitted with the non-inverted price?

Thanks,
Kel.