Partial match offSET

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hedgeupgreen
Posts: 41
Joined: Fri Dec 16, 2016 12:49 pm

Hi,

I'm looking into working on a system that I would like to automate. I have it working OK on a manual trading system but that does not provide any automation.

As I understand it BA allows orders to be placed in batches e.g. £100 in batches of 10 would sent 10 orders of £10. When any of these 10 orders get fully matched it is possible to automatically enter an offset order for an amount that would get hedged for £10.

Apologies is this is very long-winded, I guess I'm asking is - is it possible to enter a single order of £100 and when ever any of this is matched, be it £2 or £15 or all at once, for an offset to be sent for that £2, £15 or £100?

Ta!
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workpeter
Posts: 165
Joined: Sat Jul 30, 2016 8:29 pm

Have you tried fill or killl with offset?
Its my understanding it wont offset until order is filled or killed. If killed with part match then that amount is offset.
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Dallas
Posts: 23563
Joined: Sun Aug 09, 2015 10:57 pm

And if your using £100 stakes and set the Batches to 100 that will offset it £1 by £1 as you begin to get matched
hedgeupgreen
Posts: 41
Joined: Fri Dec 16, 2016 12:49 pm

Thanks Dallas - I'll see what I can do with that
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