Can you be alerted to large orders on ladder?

[ShaunWhite]

Dallas, does this mean the whole ladder is now available for looking up the volume available? I know you could say from 1st to 3rd best but I didn't know you could then offset that by a further N ticks. If so why bother with the 1st,2nd and 3rd best, just have Nth best and have the user specify a value for N?

Also isn't the adjustment value intended to modify the result of the look up rather than the item being looked up? Offsetting the price for best placement by N ticks has been in BA for years, and its understandable, but offsetting the items you select for putting in stored values by N ticks is a pretty major change I hadn't noticed.

[Atho55]

I`ve gone as far as 10 ticks. In theory you should be able to construct your own ladder in Excel.

[Jukebox]

You can look up amounts on any price using SVs - you just have to nominate it - nominating it by relating it to current best prices is just a handy way to relate it to something useful.

[ShaunWhite]

I`ve gone as far as 10 ticks. In theory you should be able to construct your own ladder in Excel.

So are you saying that the adjustment field serves different purposes depending on how you use it, Ie to either adjust the value stored (like dividing it my the total market vol) or to adjust the initial value being looked up, such as being able to ask for 2nd best and adding 4 ticks, or asking for 3rd best and adding 2 tick. Can you point me at the section of the User Guide or Release Notes where this is mentioned?

It's such a major change I'm suprised I didn't see it mentioned.

[ShaunWhite]

mmmm
i see you already mentioned it here...somehow I missed it.

Screenshot_18.png

[jimibt]

mmmm
i see you already mentioned it here...somehow I missed it.

Screenshot_18.png

likewise, i'd missed that. looks like (as atho says), it could allow you to setup s psuedo ladder (virtual or otherwise) and party against it. this has made me think now (been a while!! )

[Atho55]

This is how I did the odds...

SV-10 template.jpg

Then you can use that SV to look up anything else.

[sniffer66]

I took WOM out to 8 places each way a while ago. Just to play around with. Slight lag as it added the values together but it worked

[jimibt]

This is how I did the odds...


SV-10 template.jpg


Then you can use that SV to look up anything else.

so yeah, just do the same with the (££money) orders waiting on each price and you're sorted!!

i.e. along the lines that LeeCal suggested:



[EDIT] - word of caution. this veracity approach is difficult to validate, but looks to do the job as expected. i.e. you'll need to eyeball the ladder in another screen to compare until you're satisfied that prices and money match up.

[ShaunWhite]

likewise, i'd missed that. looks like (as atho says), it could allow you to setup s psuedo ladder (virtual or otherwise) and party against it. this has made me think now (been a while!! )

I think I'd have seen it if they'd added Nth Best rather than adding offsets to 1st best, 2nd best etc. New items usually get added to the pick list rather than being derivatives of existing ones. It's just a bit of a design departure and one I can't find any user doco for. Then again I don't use guardian so for me it's all academic, but I do like to keep up to speed with what BA can do.

[jimibt]

likewise, i'd missed that. looks like (as atho says), it could allow you to setup s psuedo ladder (virtual or otherwise) and party against it. this has made me think now (been a while!! )

I think I'd have seen it if they'd added Nth Best rather than adding offsets to 1st best, 2nd best etc. New items usually get added to the pick list rather than being derivatives of existing ones. It's just a bit of a design departure and one I can't find any user doco for. Then again I don't use guardian so for me it's all academic, but I do like to keep up to speed with what BA can do.

shaun - i actually think it's an undocumented side-effect, rather than a feature, therefore caveat emptor!

[Dallas]

Just for reference as other have said its possible to store money waiting, and traded volume outside the top 3 (the options to select from the best 3 are just in the picklist as popular quick and easy reference points.)

But when wanting to store the value of 'money waiting', and 'volume traded' outside the top 3 you need to use 2 x Stored Values

First store the value of the 'lay price' plus 4 ticks (or whatever you want) with a name ie, 4thbestlayprice

Waiting a.jpg

Then add a second stored value to store the;
'Money Avaliable to lay at a price for a selection'
OR
'Volume Traded at a Price of a Selection' etc

and for the price used to look up this info use 'Another Stored Value' and enter the name of your first stored value ie, 4thbestlayprice

Waiting.jpg

If you just look up the money waiting from the best lay price +4 ticks it will look at the amount of money waiting at the best lay price ie this could be, £4.40 and add 4 ticks to that to give a stored value of 4.8

[jimibt]

Just for reference as other have said its possible to store money waiting, and traded volume outside the top 3 (the options to select from the best 3 are just in the picklist as popular quick and easy reference points.)

But when wanting to store the value of 'money waiting', and 'volume traded' outside the top 3 you need to use 2 x Stored Values

First store the value of the 'lay price' plus 4 ticks (or whatever you want) with a name ie, 4thbestlayprice

Then add a second stored value to store the;
'Money Avaliable to lay at a price for a selection'
OR
'Volume Traded at a Price of a Selection' etc

and for the price used to look up this info use 'Another Stored Value' and enter the name of your first stored value ie, 4thBestLayPrice


Waiting.jpg


If you just look up the money waiting from the best lay price +4 ticks it will look at the amount of money waiting at the best lay price ie this could be, £4.40 and add 4 ticks to that to give a stored value of 4.8

Dallas -as ever, neatly pointed out and explained. Quick question tho. i presume that it goes without saying that the two stored values 4thBestLayPrice and 4thAmountWaiting will always need to be set in tandem due to the prices changing all the time. in short, these sv pairs should be set in the same condition. and likewise, should 4thVoumeTraded be added to the equation, it would be set at the same point in the same condition

[ShaunWhite]

If you just look up the money waiting from the best lay price +4 ticks it will look at the amount of money waiting at the best lay price ie this could be, £4.40 and add 4 ticks to that to give a stored value of 4.8

That was my point. You don't use the adjustment field to adjust the pick list item, you use it to adjust the value returned from the pick list item.

Wouldn't it just have been easier to have 1st Best, 2nd Best, 3rd Best & Nth Best....and for the last one you specify a value for N?

[Dallas]

Just for reference as other have said its possible to store money waiting, and traded volume outside the top 3 (the options to select from the best 3 are just in the picklist as popular quick and easy reference points.)

But when wanting to store the value of 'money waiting', and 'volume traded' outside the top 3 you need to use 2 x Stored Values

First store the value of the 'lay price' plus 4 ticks (or whatever you want) with a name ie, 4thbestlayprice

Then add a second stored value to store the;
'Money Avaliable to lay at a price for a selection'
OR
'Volume Traded at a Price of a Selection' etc

and for the price used to look up this info use 'Another Stored Value' and enter the name of your first stored value ie, 4thBestLayPrice


Waiting.jpg


If you just look up the money waiting from the best lay price +4 ticks it will look at the amount of money waiting at the best lay price ie this could be, £4.40 and add 4 ticks to that to give a stored value of 4.8

Dallas -as ever, neatly pointed out and explained. Quick question tho. i presume that it goes without saying that the two stored values 4thBestLayPrice and 4thAmountWaiting will always need to be set in tandem due to the prices changing all the time. in short, these sv pairs should be set in the same condition. and likewise, should 4thVoumeTraded be added to the equation, it would be set at the same point in the same condition

They'd need to run on the same rule (along with other 'pairs' if you were storing multiple prices),
ie, you'd set them on a 'Set/Modify Stored' value' rule
Then on your back/lay rule add a SV condition to test the final SV in the example above named 'amountwaiting' is 'X'