MM and MBO difference

Ayan
Ayan
in TRTH

MM and MBO data request, polling, response style looks similar in terms of API. But the only difference I could find out is that the view only got changed while requesting the data.

For MBO:

"Condition":{"View": "RawMarketByOrder"

For MM:

"Condition":{"View": "RawMarketMaker"

Please confirm the same and also let us know, if we are missing anything.

Tagged:

Best Answer

  • Jirapongse
    Jirapongse
    Answer ✓

    Yes, you are correct. Those options are for TickHistoryMarketDepthExtractionRequest.

    <EnumType Name="TickHistoryMarketDepthViewOptions">
    <Member Name="RawMarketByPrice" Value="0"/>
    <Member Name="RawMarketByOrder" Value="1"/>
    <Member Name="RawMarketMaker" Value="2"/>
    <Member Name="LegacyLevel2" Value="3"/>
    <Member Name="NormalizedLL2" Value="4"/>
    </EnumType>

    However, the availability of data depends on exchanges. Please refer to TICK HISTORY 11.1 DATA COVERAGE GUIDE in the Market Depth sheet for more information.

Categories