Hiding from Actors

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      Section 8.4 WD17 includes both a Clearing Method characteristic which allows trading strategies to address different clearing algorithms and a means for conveying supply/demand curves

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      Section 8.4 WD17 includes both a Clearing Method characteristic which allows trading strategies to address different clearing algorithms and a means for conveying supply/demand curves

      page 16 line 273

      Doesn't the nature of the matching engine define the nature of the messages needing to be exchanged? Submitting tenders to an order book can require the communication of different information than that of a double-auction (point price-quantity pairs vs full supply or demand curves). Doesn't this require that the Actors are aware of this when submitting messages? I don't understand how "this complexity is hidden from the Actors".

            Assignee:
            williamcox
            Reporter:
            Toby Considine (Inactive)
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