DJ-AIG Commodity Index OrderDirect API Member firms have, or should be planning to have, order management systems that electronically send orders to and retrieve trade execution information from the Chicago Board of Trade. Electronic order management systems can accommodate off-floor order entry including Internet order entry and automatic credit checks. Real-time trade processing and updating of customer accounts are additional features of some systems. Member firms are designing and implementing order management systems that provide enhanced customer services, regardless of how the firm structures its customer order flow.
Firms can either build their own system or use a vendor system.
This flexibility allows firms to customize their systems to support specific business needs. If your vendor does not support this important API link to the Electronic Open Outcry Market, please request that it be added to your firm's system as soon as possible. Member firms select the connectivity method to use depending on their business needs, geographic location, and order management system capabilities. Network Line Type Equipment Cost Time to Implement Notes Frame Relay Rent router and frame relay circuit, approx. Firm accepts all responsibility for connection.