Guide to ASX Trading Testing Services

Transcription

1 Guide to ASX Trading Testing Services 1. Customer Development Environment (CDE) 2. Customer Development Environment + (CDE+) 3. Dedicated Development Environment (DDE) V1.3 MAY 2016

2 Disclaimer 3 1. Introduction Readership Document History Contacts 4 2. Service Overview 5 3. Trade 24 (Derivatives) Customer Development Environment (CDE) Service Description Access to the CDE Trading Day Cycle Load Injector Failover tests ASX Administration and Risk Terminal (ART) + ASX Trading Terminal Derivatives End to End Test Environment (E2E) Access to the E2E 9 4. Trade (Equities) Customer Development Environment + (CDE+) Service Description Access to CDE Trading Day Cycle Equities End to End Test Environment (E2E) Access to the E2E Dedicated Development Environment (DDE) Service Description Access to the DDE Trading Day Cycle Application Certification Test Service Appendix IP Address and Port Information 14 Guide to Trading Testing Services 2/18

3 Disclaimer This document provides general information only and may be subject to change at any time without notice. ASX Limited (ABN ) and its related bodies corporate ( ASX ) makes no representation or warranty with respect to the accuracy, reliability or completeness of this information. To the extent permitted by law, ASX and its employees, officers and contractors shall not be liable for any loss or damage arising in any way, including by way of negligence, from or in connection with any information provided or omitted, or from anyone acting or refraining to act in reliance on this information. The information in this document is not a substitute for any relevant operating rules, and in the event of any inconsistency between this document and the operating rules, the operating rules prevail to the extent of the inconsistency. Guide to Trading Testing Services 3/18

4 1. Introduction The ASX provides a range of testing services to customers developing and testing market-facing systems. The purpose of this document is to provide an overview of the customer testing services available on the exchange and how to access them. When read in conjunction with the Technical Specifications and the other available testing documentation, it is intended that these documents provide all of the necessary information customers require to develop, test and trial their software before connecting to the Production Services Readership This document is relevant to software developers, system testers and other technical staff who are involved in testing and developing applications for use in the Production Services Document History The Document has been through the following iterations: Version Date Description 1.0 Jan Apr May 2016 First issue of this document intended for the New Trading Platform roll out. Failover Tests (sec 3.5) enhanced to include multicast failure scenario. Genium testing environment connectivity details included Contacts The Customer Technical Support (CTS) team operates a service desk style support centre for the customers of ASX, providing support coverage during business hours of 08:00 to 18:00 (AEST) with after-hours support and escalation via the ASX Trading Operations team. Any questions in relation to the Trading Testing Environments should be directed to CTS: CTS@asx.com.au Within Australia: ǀ Outside Australia: Guide to Trading Testing Services 4/18

5 2. Service Overview The ASX offers a wide range of trading testing services. These environments are for customers to use to test the functional interface between their software applications and the ASX FIX Gateways. Customers can use the testing environments for: Accreditation of their software applications for use on the Production Service. Test trading strategies against a simulation of the Production Service. Provide market participants with a safe training environment away from the Production Service. Test that customers market data applications can successfully process message volumes. Test their application s ability to recover from service disruptions. Test outside of normal market hours. All of the above service offerings are available via a combination of testing environments described in the following sections. Customers can also download the Administration and Risk Terminal and the Trading Terminal for use on the test markets. Further information can be found in section 3.6. Guide to Trading Testing Services 5/18

6 3. Trade 24 (Derivatives) Customer Development Environment (CDE) 3.1. Service Description The CDE provides a shared test environment for all participants to help them develop, test and run their Trading and Market Data applications for the ASX Trade 24 Market. Trades entered in the CDE will flow through to Genium clearing test environment. The environment utilises the most current version of New Trading Platform software. The main purpose is to simulate production-like behaviour. Functional testing should only be performed on his environment Access to the CDE To access the CDE, customers will be required to complete a New Trading Platform Customer Development Environment Order Form. Access to the CDE is currently free of charge for the duration of the New Trading Platform rollout. CDE connectivity details including IP and port information is provided in Appendix A. Connectivity can be established via the following methods: 1. Direct Connectivity from an ALC Cabinet 2. Connectivity over ASX Net 3. Connection via VPN For more information on the connectivity methods, please refer to the CDE Connectivity Guide via the following link Trading Day Cycle ASX Trade24 ASX Trade24 operates the SFE and NZFOE markets on a 24/6 basis, with the first product pre-opening at 6:20am Monday morning and last product close at 8am Sunday morning. A typical Trading Day Cycle consists of two trading sessions (Night and Day) forming a single Trading Day. The Night Session always precedes the Day Session such that the Night session for the Friday Trading Day starts Thursday afternoon. Guide to Trading Testing Services 6/18

7 The Friday Trading day for the SFE Markets starts at 4:58pm Thursday Night (IR pre-open) and will end at 4:30pm on Friday afternoon. Trading Day Cycle for ASX Trade24 Session State/Phase Description Day Time (AEST) Pre-Open A period of ten (10) minutes prior to the Open in respect of a particular Futures Contract or Option Contract during which bids and offers may be entered into the system. Trades are executes at a common price on the Open. Thursday 4:58:00 PM Open The commencement of Open Trading in a particular Futures Contract or Option Contract. Thursday 5:08:00 PM Maintenance Night Session Closes and appropriate orders are purged in preparation for the Pre-Open phase. Friday 7:00:00 AM Pre-Open A second Pre-opening Phase Friday 8:29:30 AM Open The commencement of Open Trading in a particular Futures Contract or Option Contract. Friday 8:30:00 AM Close The completion of trading in ASX Trade24. Trading Date in a particular Futures Contract or Option Contract, or such other time as is designated by the Board. Friday 4:30:00 PM Start of the Settlement Period Settlement Price is determined Friday +/ minutes Maintenance Appropriate orders are purged in preparation for the new trading date. Friday 4:42:30 PM Specific contract session timings follow the production times. These can be accessed via the below link The CDE test system is designed such that the trading sessions emulate the production timings. Connectivity testing can be tested 24x7 except for 19:00 20:00 Sunday night. Guide to Trading Testing Services 7/18

8 3.4. Load Injector A load injector has been configured to provide liquidity in a specific instrument in order to facilitate testing. The purpose is to provide both market data and predictable examples of order entry/modify/delete. The load injector will perform on the below instrument between the hours of 08:29 to 16:29 and 17:08 to 07:00 to emulate market hours in this manner: Sector = Interest Rate Futures Instrument = IRU0 LIMIT orders will be sent in one by one at 1 TPS on each side of the book up to a depth of five with a wide spread so they do not cross. A Delete will be sent in to remove one order off each side of the book A Modify will be sent in to raise the price of a Buy order to hit a Sell order on the other side of the book. A Market to Limit buy order will be sent in to clear multiple orders on the sell side of the book All remaining orders will then be deleted and the process will start again after five seconds Failover tests FIX Failovers ASX will fail over FIX Order Entry and FIX Drop Copy primary gateways to their Standby gateways on CDE and CDE + every Friday at 15:00 AEST. Gateways will remain failed-over until the restart on Sunday where the Primary instance of each FIX service will resume. Multicast Failovers At 15:00 AEST each day, Multicast feed will stop via both channels (A and B) for a period of 30 seconds. In addition, on Fridays, Multicast feed will also stop for 30 seconds at 15:30 also on both channels ASX Administration and Risk Terminal (ART) + ASX Trading Terminal The CDE environment will allow participant s access to both the ART and ASX Trading Terminal. ART is designed for the administration of trading accounts and the management of the Pre Trade Risk settings for participant accounts on the ASX market. ASX Trading Terminal is a trade management terminal used for the entering and management of orders for trading and account supervision purposes. In order to gain access to Guide to Trading Testing Services 8/18

9 both terminals, you will need the relevant usernames, passwords and member IDs. These can be requested from the Customer Technical Support (CTS) team. Guides to both terminals can be found via the following links - ART: ASX Trading Terminal: Derivatives End to End Test Environment (E2E) The E2E allows trades which have been executed to flow through to the relevant Clearing and Settlement systems. Any trade which is executed on the ASX Trade 24 markets will flow though to Genium. A new instance of Genium will need to be installed and running. Further information around this setup can be found form your TAM Access to the E2E Customers will be required to have access to both the CDE and/or Genium Test Environments for E2E testing depending on the requirements. Guide to Trading Testing Services 9/18

10 4. Trade (Equities) Customer Development Environment + (CDE+) 4.1. Service Description The CDE+ provides a shared test environment for all participants to help them develop, test and run their Trading and Market Data applications for the ASX Trade Market. The E2E allows trades which have been executed to flow through to the relevant Clearing and Settlement systems. Any trade which is executed on the ASX Trade markets will flow though to CHESS. The environment utilises the most current version of New Trading Platform software. The main purpose is to simulate production like behaviour. Functional testing should only be performed on his environment Access to CDE+ To access CDE+, customers should complete a New Trading Platform Development Environment Order Form. Access to CDE+ is free of charge for the duration of the New Trading Platform rollout. CDE+ connectivity details including IP and port information is provided in Appendix A. Connectivity can be established via the following methods: 1. Direct Connectivity from an ALC Cabinet 2. Connectivity over ASX Net 3. Connection via Internet VPN For more information on the connectivity methods, please refer to the CDE+ Connectivity Guide via the following link Trading Day Cycle The current release of the CDE+ has an open session state only. Changes will be made in future releases of the environment. If any particular participants require particular session states, please contact your TAM to arrange this. Guide to Trading Testing Services 10/18

11 4.4. Equities End to End Test Environment (E2E) The E2E allows trades which have been executed to flow through to the relevant Clearing and Settlement systems. Any trade which is executed on the ASX Trade markets will flow though to CHESS. Note, customer will be required to have access to each of these clearing system test environments for E2E testing Access to the E2E Customers will be required to have access to both the CDE + and CHESS Test Environments for E2E testing. Guide to Trading Testing Services 11/18

12 5. Dedicated Development Environment (DDE) 5.1. Service Description The DDE provides an environment where participants can perform their own dedicated testing. The DDE is a standalone environment specific to each participant. Both ASX Trade and ASX Trade 24 markets are available on the DDE and will follow the above cycles. Functional testing should only be performed on his environment Access to the DDE To access the DDE, customers will be required to complete a New Trading Platform Development Environment Order Form found in the NTP document Library. The DDE is a charged service. For further information around costs in gaining access to the DDE, please contact Information and Technical Services, E: InfoandTechServices@asx.com.au. Full IP and PORT information is provided in Appendix A. Connectivity can be established via the following methods: 1. Direct Connectivity from an ALC Cabinet 2. Connectivity over ASX Net 3. Connection via Internet VPN 5.3. Trading Day Cycle The Trading Day Cycle will follow the same session timings as the CDE environment. Guide to Trading Testing Services 12/18

13 6. Application Certification Test Service The Application Certification Test Service is designed to test and certify application functionality based on a customer s intent for the application. They aim to ensure that users: Can communicate with the production system in the correct manner. Do not adversely affect the production system. Do not inadvertently affect the production market. Each customer application must pass the accreditation process prior to production go-live. Customers using a vendor-supplied system will rely on the vendor company to seek accreditation for their own systems. For details on Application Certification testing please contact your TAM or the CTS team. CTS@asx.com.au Within Australia: Outside Australia: Guide to Trading Testing Services 13/18

14 7. Appendix 7.1. IP Address and Port Information Below are the details of the External Port and IP Addresses for CDE, CDE+, DDE and Genium testing environments. Full connectivity details (including production) can be found via the link below: The CDE environment is purposed for Derivatives and will be connected to the Genium platform for End to End testing. Target CompID for CDE = ASX The CDE+ environment is purposed for Equities and will be connected to the CHESS platform for End to End testing. Target CompID for CDE+ = ASX The DDE environment is purposed for both Derivatives and Equities and will NOT be connected to the clearing platforms for End to End testing Target CompID for DDE = ASX Guide to Trading Testing Services 14/18

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