Mmid

Discussion in 'Automated Trading' started by BlueOcean, Aug 7, 2008.

  1. Hi,

    I'm trying to get the genesis C++ API going. In the API for an order you must define a METHOD (which is the exchange) and an MMID. What is an MMID?


    Thanks
     
  2. Market Maker ID (MMID)
     
  3. market maker ID... hmmm so really that could be anything huh
     
  4. MMID represents the broker/dealer assigned MMID. If you're trying to send an order to an exchange (method), you will need to identify yourself with your broker's MMID so that the clearing house end will know where to deliver stock to.

    I know nothing about the Genesis API nor am I affiliated with them so your best bet is to contact the developers directly. If you certify with the Genesis team, the testing environment will determine if your messages are valid to their backend.
     
  5. I maybe wrong but I think for Genesis's API, MMID refers to the route you want to use ie. ARCA, NSDQ, BATS, BELZ etc.