Venue Specific Behavior

Moment provides a standardized RFQ API through which customers can interact with multiple different venues. As opposed to orders, however, there are some specifics to be aware of with specific venues. This is a running list of venue specific behavior that users should be aware of. Note, you will only have access to venues to which you have onboarded.

ICE TMC (TMCC)

Side Limitations: ICE TMC only supports bids-wanted (sell) RFQs. Offers-wanted (buy) RFQs submitted for ICE TMC will be rejected.
Type Limitations: ICE TMC only supports bin RFQs for municipal securities, and asap RFQs for taxables (Agency, CD, Corporate, Treasury).
Timestamp Requirements
- Requires non-null due_time and firm_until_time
- due_time must be at least 15 minutes from the time of submission to the venue. To account for latency between the client, Moment, and ICE TMC due_time must be > 15 minutes from the time of submission to Moment.
- due_time must be rounded to the nearest quarter hour (ie HH:00, HH:15, HH:30, HH:45). If a time is passed that does not conform to this due_time format, the value will be rounded down to conform with this standard.
- expire_time is not required as all requests for quote will expire at EOD. Quotes will, however, no longer be firm after firm_until_time. Corresponding with TMCs behavior, the expire time will be automatically set to midnight of the current day in the America/New_York timezone.
Trading hours: RFQ to TMC via Moment is available between 09:30 and 17:00 EST for full trading sessions and 09:30 and 14:00 for sessions with an early close