question

Upvotes
Accepted
50 9 14 24

MM and MBO difference

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.

tick-history-rest-apimarket-by-order
icon clock
10 |1500

Up to 2 attachments (including images) can be used with a maximum of 512.0 KiB each and 1.0 MiB total.

1 Answer

Upvotes
Accepted
49.4k 123 44 61

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.

icon clock
10 |1500

Up to 2 attachments (including images) can be used with a maximum of 512.0 KiB each and 1.0 MiB total.