cts 201 manual issue
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1. CTS CTS201 Customer Development Service Service Manual Issue 2 Ti 1 O Series customers to trade in a live like test environment The service is configured to replicate live service and contains live securities live service timings and full live service rules A test tool is used to generate a background of realistic and orderly trading data to ensure a minimum level of order book depth and trading activity is present for a realistic order book depth e g to simulate participant activity This test service also supports customer end user training activity allowing customers to trade in a live order book environment featuring live service rules and securities 2 Model Based Testing Service MBT This service offers customers a combination of tests with the ability to both observe and interact with a known set of scenarios and instruments There are five distinct models that comprise the MBT service e Interactive Service The ability to interact with automatically generated activity over extended hours e Market Control Actions The ability to observe scripted business and technical events in a specialised market structure e Customer Specific Service Instruments Sole access to the order book for a number of securities e Pre Conformance The ability to download Conformance reference data prior to a Conformance testing session e Volume Input Service This test facility allows customers to enter a high volume of messages2. STOCK EXCHANGE WO Series mat to CTS London ik Copyright 2006 London Stock Exchange plc All rights reserved No part of the publication may be reproduced stored in a retrieval system or transmitted in any form or by any means electronic mechanical photo copying recording or otherwise without the prior permission of the copyright owner CTS201 Customer Development Service Service Manual Issue 2 10 Series PREFACE CTS TWO SERIES CDS SERVICE MANUAL The purpose of the CTS Two Series is to provide customers with all the necessary information needed to get the most out of the Customer Development Service It is essentially a service manual providing guidance on using and maximising the features of the service These documents give users essential and detailed information needed to understand use and benefit from the Customer Development Service CDS the most comprehensive testing service offered by the London Stock Exchange The CDS is a fully functioning simulation of the Exchange s production environment and is a powerful tool in fine tuning applications and functionality The documents are divided in to the following areas e General service information and guidance on each test service available within CDS e Full details on the Model Based Testing Service including all market control actions The CTS Two Series gives you the knowledge to get the best out of the CDS service and the best ou
3. The following are trade service marks of the London Stock Exchange e Daily Official List e RNS e EuroSETS e SEAQ e EXTRANEX e SETSqx e FTSE e SEDOL e Infolect e SETS e International Order Book e London Stock Exchange Copyright 2006 London Stock Exchange plc All rights reserved No part of the publication may be reproduced stored in a retrieval system or transmitted in any form or by any means electronic mechanical photo copying recording or otherwise without the prior permission of the copyright owner Preface Page 3 of 32 CTS201 Customer Development Service Service Manual Issue 2 CONTENTS 1 INTRODUCTION 1 1 Purpose 1 2 CTS Series of Documents 1 3 Version History 1 4 Useful Reference 1 5 Navigation 2 CUSTOMER DEVELOPMENT SERVICE OVERVIEW 2 1 Service Overview 2 2 Purpose of CDS 2 3 CDS Test Services 2 4 Legacy and Enhanced CDS Services 2 5 CDS Services Available for Each Market 3 SERVICE DESCRIPTION SUMMARY 3 1 Key Characteristics CDS London Market 3 2 Key Characteristics CDS Dutch Trading Service Market 4 LIVE SIMULATION SERVICE DESCRIPTION 4 1 Service Description 4 2 Market Structure 4 3 Background Data 4 4 Data Refresh Process 4 4 1 Frequency 4 4 2 Ring Fencing of Segments 4 5 User Guidelines 4 6 Service Timings 4 6 1 London Market Service Times 4 6 2 Dutch Market Service Times 4 7 Scheduled Scenarios 5 MODEL BASED TESTING SERVICE DESCRIPTION 5 1 Service
4. Production Test Instruments Test segments available on both the Production and CDS environments No background trading data generated These are not refreshed but are available for either quote order and trade report only Live service timings Page 12 of 32 CTS CTS201 Customer Development Service Service Manual Issue 2 V O Series 3 2 KEY CHARACTERISTICS CDS DUTCH TRADING SERVICE MARKET ALSTS is also available for Dutch Trading Service DTS customers allowing customers to trade full order book with live reference data and rules There are no other CDS services currently available for DTS customers other than the LSTS Service Description Summary Page 13 of 32 CTS201 Customer Development Service Service Manual Issue 2 O Series 4 LIVE SIMULATION AND TRAINING SERVICE DESCRIPTION 4 1 SERVICE DESCRIPTION The purpose of the Live Simulation and Training Service LSTS is to enable users to interact with an order book with the configuration of the live service allowing customers to trade in a live like test environment using live securities and live rules This service also supports customer end user training activity allowing customers to trade in an order book based on the live securities Customers can use the service for training increasing user familiarity of Exchange systems and procedure testing In addition the LSTS can be used in applications testing for systems requiring a const
5. is generated for CSS 5 5 3 Data Refresh Process To enable customers to build up scenarios in their assigned instruments over a number of sessions trading data in CSS1 and CSS2 stocks is not refreshed throughout the duration of the service unless this is necessary to maintain the stability of the service 5 5 4 Service Timings Customer Specific Service Enter and delete limit deletion Q Lu 09 O I O Uncrossing Uncrossing auction auction 5 6 PRE CONFORMANCE TEST SERVICE This service is part of CDS and allows customers to test the successful processing of this data prior to their first conformance test It consists of the reference data for 3 Conformance segments TC1M TC10 and TC1E This service is broadcast to customers as part of the daily reference data downloads and is included on the existing UK reference data service Service Channel S04 Note Customers will receive the reference data only as no participation is allowed Model Based Testing Service Description Page 21 of 32 CTS CTS201 Customer Development Service Service Manual Issue 2 V O Series 5 6 1 Market Structure The Market Structure is as follows LSE TC1M TC10 TC1E 5 6 2 Background Data Daily reference data download data is disseminated to customers via Service Channel S04 5 6 3 Data Refresh Process The data is broadcast daily as part of the reference data download 5 6 4 Service Timings The Pre Conformance ser
6. live service in a number of ways including live securities live service timings and full live service rules In order to achieve this there are periodic CDS resynchronisation activities undertaken against the live environment of all reference data and prices It should be noted that CDS can deviate from live service in a number of ways e New segments can be added to CDS before they are added to the live environment allowing customers to test these services before Live Service access e The data on CDS can deviate from the live environment due to customer interaction with CDS For example customers can enter their own orders in CDS moving prices in the test market away from prices in the real market 7 3 DATABASE REFRESH ROUTINE On a daily basis all LSTS and MBT segments except those used for Market Control Actions will be rolled forward in an equivalent manner to the Live environment i e the order book persists The MBT segments for Market Control Actions will be restored to a fixed start of day position including deletion of the order books On a weekly basis the following processes will be run which are not in the daily schedule e Reference data Refresh o Reference data delete o Reference data load into LSTS excluding ring fenced segments e Environment Cleardown o Order Book deletion The above processes are LSTS specific There will be no distinction on MBT between daily and weekly refreshes Servic
7. on the test and live production services 6 2 MARKET STRUCTURE The table below lists test segments that exist on both the Production and CDS environments that are available on the live service for entering test transactions Market Type Market Segment Market Sector Description The following table details the test securities that are available on the Production Test Instruments service for entering test transactions TEST DOTS TE10 GBX GB0071657976 7165797 200000 GB Q TEST DOTS TE11 GBX GB0071729809 7172980 200000 GB Q TEST DOTS TE12 GBX GB0071623234 7162323 200000 GB Q TEST DOTS TE13 GBX GB0071786213 7178621 200000 GB Q TEST DOTS TE15 GBP GB0070000103 7000010 200000 GB A TEST DOTS TE16 GBX GB0071262116 7126211 200000 GB Q TEST DOTS TE17 GBX GB0071262009 7126200 200000 GB H TEST DOTS TESO GBX GB0070006944 7000694 200000 GB Q TEST DOTS TES1 GBX GB0070007025 7000702 200000 GB Q TEST DOTS TES2 GBX GB0070007132 7000713 200000 GB Q TEST DOTS TES3 GBX GB0070007249 7000724 200000 GB Q TEST DOTS TES4 GBX GB0070007355 7000735 200000 GB Q TEST DOTS TROO GBX GB0032162579 3216257 200000 GB Z TEST DOTS TRO1 GBX GB0032162686 3216268 200000 GB Z TEST DOTS TYK1 GBX GB0070004121 7000412 200000 GB D TEST DOTS TYK2 GBX GB0070004238 7000423 200000 GB D TEST DOTS TYK3 EUR GB0070004345 7000434 200000 GB D TEST DOTS TYK4 EUR GB0070004451 7000445 20
8. side bars as illustrated opposite 1 4 USEFUL REFERENCE The following section lists some useful reference material that is mentioned with in the main body of CTS201 It is recommended this material be read in conjunction with this document e Other documents in the CTS One Series CTS Two Series CTS Three Series CTS Four Series and CTS Five Series which are available on the Exchange s website All of the CTS Two Series documents will be of particular relevance as they all relate to the CDS test service e London Stock Exchange Guidance Note for Customers Using Accredited Software which is available on the Exchange s website e The Extranex Service and Testing Services Price List available on the Exchange s website e The London Stock Exchange s Trading and Information Technical Specifications TIS101 to TIS104 which are available on the Exchange s website e London Stock Exchange guide to the new trading system which is available on the Exchange s website Introduction Page 7 of 32 CTS CTS201 Customer Development Service Service Manual Issue 2 l O Series 1 5 NAVIGATION Navigation is made simple throughout this document using the NavArrow navigation system utilising hyperlink arrows If a topic is covered on which you require more information the following system is utilised to help you get to the information you want quickly and easily Internal Link A white arrow links the user to
9. 0000 GB D TEST DOTS TYK5 EUR GB0070004568 7000456 200000 GB L TEST DOTS TYK6 EUR GB0070004675 7000467 200000 GB L ODTT ODTT TE01 GBX GB0032207424 3220742 25000 GB Z ODTT ODTT TE02 GBX GB0032207531 3220753 25000 GB Z ODTT ODTT TE18 GBX GB0071262223 7126222 25000 GB Q ODTT ODTT TE19 GBX GB0071262330 7126233 25000 GB Q ODTT ODTT TE20 GBX GB0071262447 7126244 25000 GB Q ODTT ODTT TE21 GBX GB0071262553 7126255 25000 GB H ODTT ODTT TE22 GBX GB0071262660 7126266 25000 GB H Production Test Instruments Service Description Page 24 of 32 CTS CTS201 Customer Development Service Service Manual Issue 2 Wo Series ODTT ODTT TE23 GBX GB0071262777 7126277 25000 GB H ODTT ODTT TE24 GBX GB0071262884 7126288 25000 GB W ODTT ODTT TE25 GBX GB0071262991 7126299 25000 GB W ODTT ODTT TK12 EUR GB0070005201 7000520 25000 GB D ODTT ODTT TK13 EUR GB0070005318 7000531 25000 GB D ODTT ODTT TK14 EUR GB0070005425 7000542 25000 GB J ODTT ODTT TK15 EUR GB0070005532 7000553 25000 GB J ODTT ODTT TK16 EUR GB0070005649 7000564 25000 GB K ODTT ODTT TK17 EUR GB0070005755 7000575 25000 GB K ODTT ODTT TK18 EUR GB0070005862 7000586 25000 GB L ODTT ODTT TK19 EUR GB0070005979 7000597 25000 GB L ODTT ODTT TK20 EUR GB0070006050 7000605 25000 GB L ODTT ODTT WPPC GBX GB00A9740423 9740423 25000 GB Q 6 3 BACKGROUND DATA No background data is generated by the Exchange in this servic
10. 1 104 49320 J21 JSE Intra day Prices Level 1 10 5 51 105 49321 J22 JSE Trades 10 5 51 106 49322 J23 JSE Market Status Indicators 10 5 51 107 49323 J24 JSE VWAP 10 5 51 108 49324 J25 JSE Cumulative Number and Volume of 10 5 51 109 49325 Trades J50 JSE News 10 5 51 110 49350 J51 FTSE JSE Africa Indices 10 5 51 111 49351 N01 NSX Start of Day Public Order Book 10 5 51 112 49381 Service Information Page 30 of 32 CTS CTS201 Customer Development Service Service Manual Issue 2 VO Series N02 NSX Market Data 10 5 51 113 49382 N03 NSX Trades 10 5 51 114 49383 N04 NSX Indices 105 51115 49384 For UK Customers receiving JSE Data Interactive Interface IP Address Port Interactive Request Interface 10 5 7 110 52200 Secure Interactive Interface 10 1 9 100 51110 8 3 PRICING Access to CDS is available as single bookable test sessions that allow access to the full trading day with extended hours or via a Continuous Access Service CAS connection The CAS option is a cost effective and efficient means of testing for customers who test regularly or who appreciate the convenience of uninterrupted access The CAS service utilises a single trading and information enablement to provide customers with continuous unmetered access Full and up to date details on testing service prices including CDS bookable test slots and CDS continuous access as well as test session allocation a
11. 15 135 80 61000 11 Dutch Trading Service Level 2 233 115 135 81 61000 12 Dutch Trading Service Reference Data 233 115 135 82 61000 13 Cover Warrants Level 1 233 115 135 83 61000 14 Cover Warrants Level 1 Plus 233 115 135 84 61000 15 Cover Warrants Level 2 233 115 135 85 61000 S16 Market Status Indicators 233 115 135 86 61000 S17 Market Reference Data 233 115 135 87 61000 S18 RNS News 233 115 135 88 61000 S19 DOL Full 233 115 135 89 61000 S20 DOL Changes 233 115 135 90 61000 S21 UK and International Off Book Trade 233 115 135 91 61000 Reports S22 European Off Book Trade Reports 233 115 135 92 61000 23 UK and International Off Book Trade 233 115 135 993 61000 Reports Reference Data 24 European Off Book Trade Reports 233 115 135 94 61000 Reference Data Interactive Interface IP Address Port Interactive Request Interface 10 5 7 110 52200 Secure Interactive Interface 10 5 7 100 51100 The following table provides details of the network IP addresses and associated ports for access to JSE Broadcast Data Groups BDGs on CDS BDG Service Channel IP Address Port J01 JSE Start of Day Public Order Book 10 5 51 99 49301 J02 African Market Rules Full Download 10 5 51 100 49302 J03 African Market Reference Data Full D L 10 5 51 101 49303 J10 African Market Rules Changes 10 5 51 102 49310 J11 African Market Reference Data Changes 10 5 51 103 49311 J20 JSE Orders Level 2 10 5 5
12. C SERVICE The purpose of the Customer Specific Service is to provide customers with sole access to a number of order book securities enabling users to create their own business scenarios for training purposes and for trading strategy testing without interference from the Exchange or from other service users Of the three test instruments to which customers have access two are set up to initially contain no trading data The third instrument is configured with a sample order book Users are provided with a supplementary test participant code to enable those customers who have a self execution check in their software to trade against themselves Once the test session has been booked customers will be informed of their instruments and their supplementary user codes 5 5 1 Market Structure The CSS is a SETS order based segment with similar rules to the SET1 segment in the LSTS although with extended trading hours The securities are contained within an index specific to the service The CSET segment contains 600 instruments split into two market sectors CSS1 and CSS2 Each customer is assigned two securities from CSS1 and one from CSS2 The diagram below illustrates the London market structure and characteristics of the instruments within each sector Model Based Testing Service Description Page 20 of 32 CTS CTS201 Customer Development Service Service Manual Issue 2 WoO Series 5 5 2 Back ground Data No background data
13. Description 5 2 Market Structure 5 3 Interactive Service 5 3 1 Market Structure 5 3 2 Background Data 5 3 3 Data Refresh Process 5 3 4 Service Timings 5 4 Market Control Actions 5 4 1 Market Structure 5 4 2 Background Data 5 4 3 Data Refresh Process 5 4 4 Service Timings 5 5 Customer Specific Service 5 5 1 Market Structure Contents CTS lwo Page 4 of 32 Series CTS201 Customer Development Service Service Manual Issue 2 5 6 5 7 5 7 6 PRODUCTION TEST INSTRUMENTS SERVICE DESCRIPTION 5 5 2 Background Data 5 5 3 Data Refresh Process 5 5 4 Service Timings Pre Conformance Test Service 5 6 1 Market Structure 5 6 2 Background Data 5 6 3 Data Refresh Process 5 6 4 Service Timings Volume Input Service User Guidelines Service Description Market Structure Background Data Data Refresh Process User Guidelines Service Timings 7 SERVICE ENVIRONMENT 7 1 7 2 7 3 7 4 CDS Segment Configuration Resynchronisation Database Refresh Routine 7 3 1 Quote and Order Book 7 3 2 Reference Data Regulatory New Service RNS 8 SERVICE INFORMATION 8 1 8 2 Contents Service Availability User Access 8 2 1 Pre Requisite Testing 8 2 3 Physical Access Pricing Test Credit Allocation Booking Test Sessions Exchange Support and Useful Numbers CTS Page 5 of 32 lwo Series CTS CTS201 Customer Development Service Service Manual Issue 2 V O Series 1 INTRODUCTION 1 1 PURPOSE The
14. after normal market hours on the MBT segments 3 Production Test Instruments PTIs This test service provides test segments on the CDS and Production environments for customers to enter test transactions in CDS and live test segments Reference data downloads are provided for all services at 05 00 each business day 2 4 LEGACY AND ENHANCED CDS SERVICES The following table details the relationship between the legacy and enhanced Customer Test Services that support the new trading system Live Simulation Service a Live Simulation and Training Service Training Service Scripted Scenarios Service Customer Specific Service Model Based Testing Service Volume Input Service Customer Development Service Overview Page 10 of 32 CTS201 Customer Development Service Service Manual Issue 2 2 5 CDS SERVICES AVAILABLE FOR EACH MARKET The following table lists the CDS services available for the each market Live Simulation and Training Service v Model Based Testing Service Production Test Instruments v v v Customer Development Service Overview CTS Page 11 of 32 Iwo Series CTS Iwo Series CTS201 Customer Development Service Service Manual Issue 2 3 SERVICE DESCRIPTION SUMMARY The following section provides a detailed description of each of the testing services that are available with in the CDS environment to enable customers to maximise the b
15. another section contained with in this document External Link A black arrow links the user to an external source containing relevant information e g another document or an area on the Exchange s website Contact Link A turquoise arrow indicates a link to highlight useful contact information Introduction Page 8 of 32 CTS201 Customer Development Service Service Manual Issue 2 O Series 2 CUSTOMER DEVELOPMENT SERVICE OVERVIEW 2 1 SERVICE OVERVIEW The Customer Development Service CDS is a fully functioning simulation of the Exchange s production environment designed to enable customers to develop and continually enhance the functionality of their Trading and Information applications An order book is provided with the configuration of the live service containing live securities live service timings and full live service rules 2 2 PURPOSE OF CDS The London Stock Exchange has developed a number of technically advanced Testing Services that allow customers to test seamlessly with the Exchange s Information and Trading systems The CDS is the most comprehensive testing service offered by the London Stock Exchange and allows customers to e Formally test the functional interface between customer s applications and the Exchange s Trading and Information systems against a fully functioning simulation of Live Service e Test trading strategies against an accurate and dynamic simulation of the Excha
16. ant flow of trading data as the LSTS has realistic background trading data generated 4 2 MARKET STRUCTURE The LSTS is configured to replicate live service and as such contains live securities live service timings and full live service rules The service for the London Market consists of the entire market with identical instrument codes mnemonics and supporting reference data to the live service These securities are configured in market segments identical to the live service Regulatory News Service RNS announcements are broadcast throughout the day which generate A markers for the specified instruments Market segments are also configured for the DTS market The market structure is as follows LSE All live market segments DTS All live market segments 4 3 BACKGROUND DATA A test tool is used to generate a background of realistic and orderly trading data to ensure a minimum level of order book depth and trading activity is present across key segments This automated liquidity provides a realistic order book depth in accordance to market rules The automated entry tool will Enter and delete limit orders at or around the best price for all instruments Enter aggressive orders to execute against limit orders at the best price Enter and delete market orders during opening and closing auctions Maintain committed principal orders by updating orders and prices accordingly note this is for relevant market segments Customers are abl
17. e 6 4 DATA REFRESH PROCESS These are test segments therefore a data refresh is not applicable 6 5 USER GUIDELINES Customers are recommended to perform the following activities e Enter a small volume of quote updates from 07 00 on each trading day e Enter a small volume of orders from 07 00 on each trading day e Customers are allowed to enter all applicable trade reports in that segment Please note this particular test service is not intended for performance testing and must not be used to enter large volumes of transactions The Volume Input Service that comprises the MBT test service should be used where higher test volumes need to be submitted 6 6 SERVICE TIMINGS Production Test Instruments test service is available during normal trading service hours of 07 00 to 17 15 on every trading day as detailed in the table below Production Test Instruments Five days per 07 00 to Testing is available during normal week 17 15 trading service hours Production Test Instruments Service Description Page 25 of 32 CTS CTS201 Customer Development Service Service Manual Issue 2 O Series 7 SERVICE ENVIRONMENT The following section details the environment that the CDS service is supported on 7 1 CDS SEGMENT CONFIGURATION The diagram below describes the Market Structure for the various markets covered by the Customer Development Service Please note this market segment configuration can be updated regularly so pl
18. e although this is not mandatory 8 2 2 Physical Access Physical access to the CDS service is provided via the Exchange s managed network service Extranex Customers can connect to CDS using Extranex in the following ways e A dedicated customer test configuration Customers with a resilient Service Access Point SAP can arrange for the back up line to be configured to access the CDS test service For further details of the Extranex service customers should contact their account manager or the Client Technology Group on 44 207 797 3939 For customers wishing to access the CDS test service via the Extranex service the following table provides details of the network IP addresses and associated ports for access to Service Channels on CDS Service Information Page 29 of 32 CTS201 Customer Development Service Service Manual Issue 2 CTS lwo Series Service Service Channel IP Address Port Code 01 UK Level 1 233 115 135 71 61000 02 UK Level 1 Plus 233 115 135 72 61000 03 UK Level 2 233 115 135 73 61000 S04 UK Reference Data 233 115 135 74 61000 05 International Level 1 233 115 135 75 61000 S06 International Level 1 Plus 233 115 135 76 61000 S07 International Level 2 233 115 135 77 61000 08 International Reference Data 233 115 135 78 61000 S09 Dutch Trading Service Level 1 233 115 135 79 61000 10 Dutch Trading Service Level 1 Plus 233 1
19. e Information Page 27 of 32 CTS201 Customer Development Service Service Manual Issue 2 O Series The data refresh is performed at the database level rather than at the application level and is therefore not reflected in any information that is broadcast to customers 7 3 1 Quote and Order Book The LSTS order book will be technically cleared down on a weekly basis removing all orders and Executable Quotes from the order book Any orders entered on the Friday prior to the refresh will be removed as part of the batch process without participants observing Delete Messages for these orders If participants are required to maintain Executable Quotes in the refreshed securities they must re enter these on the next business day post re synch 7 3 2 Reference Data The Market Control Actions service includes scripted actions to update add or delete system reference data each day e g adding a new segment deleting an existing instrument To ensure that customers databases are kept in line with the CDS database it is necessary for users to implement one of the following procedures e Request a full reference data download before each testing session e Maintain a database copy of the start of day reference data position and refresh this prior to each test session These downloads are provided as for the live service at the beginning of the day starting at 05 00 UK time 7 4 REGULATORY NEW SERVICE RNS Regulatory news ann
20. e to enter or delete orders for any stocks against this background data The aim of this tool is not to compete against other trading participants but to provide depth and activity within the order book Live Simulation and Training Service Description Page 14 of 32 CTS CTS201 Customer Development Service Service Manual Issue 2 WV O Series 4 4 DATA REFRESH PROCESS 4 4 1 Frequency In order to ensure the LSTS is kept in line with the Live Service a defined set of segments along with their associated structures securities and rules will be refreshed on the CDS environment from the production environment This reference data refresh will take place on a weekly basis For each refreshed security the Last Automatic Trade Price Static Base Price and Dynamic Base Price will be brought across from the Production service effectively refreshing the CDS system with the live price for the LSTS securities Note other services such as SEAQ SETSqx can have mid price closing price and market maker quotes also Note This will provide a more up to date service than the legacy Live Simulation Service which was refreshed quarterly 4 4 2 Ring Fencing of Segments In order for the Exchange to be able to introduce new products into the CDS environment prior to their implementation in Production data can be ring fenced at the segment level in CDS so that they are excluded from the Live reference data refresh Data entities assoc
21. ease refer to the Exchange s website for the latest version The CDS Segment Configuration is currently as follows Diagram Key Live Simulation MBT and Interactive Training Service Service MBT MBT MBT Market Customer Pre Control Specific Conforma Actions Instrument nce London Market Structure Live Simulation and Training Configuration MBT Configuration ETFS GILT INSD IOBU IRSQ IRSU ITBB ITBU LVSD MISC MISL CSET TC1M PSNR PSTR SEAQ SEQ1 SEQ2 SET1 TC10 TC1E SET2 SET3 SSMM SSMU SSQ3 SSQ4 Production Test SSX3 SSX4 STBS STMM Instruments Dutch Market Structure Service Information Page 26 of 32 CTS201 Customer Development Service Service Manual Issue 2 O Series In order to create a more realistic CDS environment the current business database is synchronised with the Live Service environment on a weekly basis This ensures that all live segments are accurately represented on the CDS environment Please note that customers are added to new market segments as appropriate Specific test segments for MBT services have been retained on CDS and are highlighted above Customers are not registered in these instruments by default and should contact the London Stock Exchange Service Control Desk on 44 207 797 3100 or the Client Technology Group on 44 207 797 3939 7 2 RESYNCHRONISATION The CDS service is engineered to provide a live like test environment and as such mirrors the
22. efinition For SETS based segments service hours in UK time are essentially as follows note that this is not the full schedule and does not include trade reporting periods Live Simulation and Training Service Order deletion period Q Lu 09 O I O 08 00 16 35 Uncrossing Uncrossing auction auction Note that all live simulation service segments comprise of all segments on the LSE s production service e g AIM IOB and SETSqx As such these market segments are configured with the market period rules and timings mirroring the live service 4 6 2 Dutch Market Service Times The service hours for the Dutch Market LSTS are as follows please note these service times are in CET 4 7 SCHEDULED SCENARIOS LSTS will support the following specific scenarios which can be run on a scheduled basis e Index expiry scenario This provides an Index Expiry period schedule using a live like market configuration This is based on the previous day to the Live service scenario whereby every third Friday in each month the Last Trading Live Simulation and Training Service Description Page 16 of 32 CTS CTS201 Customer Development Service Service Manual Issue 2 V O Series Day is defined for indices and there is an auction period for all related securities Therefore on CDS this will occur on every third Thursday in each month A set of dates will be provided by the Exchange on an annual basis and an Index E
23. enefits that the services offer This section covers e Service description and purpose of each service e User guidelines detailing how to use the services and how to maximise benefits e Service information covering service timings booking information access details refresh frequency and background data generation 3 1 KEY CHARACTERISTICS CDS LONDON MARKET The dynamic diagram below summarises the key characteristics of the CDS testing services that are available for the London Market You can click on the diagram to navigate to sections containing more information on each topic Customer Development Service London Market Live Simulation and Training Provides customers with a live like Trading environment with live like securities periods and service rules Description Background trading data generated by the Exchange ae 3 O D O a Refreshed with subset of production reference data ona weekly basis some segments ring fenced Refresh Frequency Live service timings Timings Service Description Summary Model Based Testing Provides customers with the ability to observe and interact with a known set of scenarios comprised of predefined market actions Background trading data generated for Interactive service Static data including market configs segments and instruments Refreshed from CDS base data nightly Scenarios available during extended hours
24. er to the Testing Services Order Form and Testing Agreement The Exchange reserves the right to amend any prices or test allocations at its sole discretion 8 5 BOOKING TEST SESSIONS For access to the CDS Test Services customers can book test sessions by contacting the London Stock Exchange Service Control Desk on 44 207 797 3100 or the Client Technology Group on 44 207 797 3939 A testing session allows access to all of the services for a complete day CDS sessions can be pre booked all weekday test sessions must be booked at least three working days in advance Any sessions cancelled with less than three days notice will be forfeited Please note that end to end testing between CDS and the CREST trial environment is also provided twice a year Bookings can be accepted for CDS sessions where less than three working days notice has been provided subject to availability Please note that an additional charge for these bookings will apply as detailed above Scheduling of the customer test sessions is managed by the London Stock Exchange s customer testing team who can be contacted on 44 207 797 3100 8 6 EXCHANGE SUPPORT AND USEFUL NUMBERS Technical support for the service is be provided by a dedicated team within the customer testing team who can be contacted on 44 207 797 3100 by selecting the general enquiries option within the SETS customer testing menu Support is available between 08 00 and 18 00 daily Technical queries w
25. for the MBT service LONDON STOCK EXCHANGE TCIM TC10 TC1E MSTM MARKET CONTROL ACTIONS CUSTOMER SPECIFIC INSTRUMENTS PRE CONFORMANCE INTERACTIVE MODEL BASED TESTING 5 3 INTERACTIVE SERVICE The Interactive service allows customers to interact with automatically generated activity across a series of segments sectors which represent each of the 4 major market models The market models are as follows Model Based Testing Service Description Page 18 of 32 CTS CTS201 Customer Development Service Service Manual Issue 2 lwo Series SETS order book trading with opening closing auctions SETS order book trading with regular intraday auctions SETSmm order book trading with opening closing auctions SETSmm order book trading with regular intraday auctions SEAQ mandatory quote period SETS style SETSmm style Sees SEAQ mandatory quote period with regular auctions ITBB order book trading with opening closing auctions ITBB style ITBB order book trading with regular intraday auctions ITBB auction only trading ITBB CP vs non CP order execution 5 3 1 Market Structure The market structure for the Interactive Service is as follows SETS style MSET SETSmm style MSTM SEAQ style MSEQ ITBB style MIBB 5 3 2 Background Data Automated background activity will be generated in each
26. iated with a ring fenced segment will not be updated when the Reference Data Refresh process is performed The table below shows how scheduled refresh from the Production environment maps to the LSTS Period CDS Periods will be maintained separately from Production Segment Refreshed weekly excludes any ring fenced segments Refreshed weekly excludes any sectors within ring fenced segments Refreshed weekly excludes any securities within ring fenced segments Issuer Refreshed weekly excludes any ring fenced issuers Settlement Venue Partial Refreshed weekly excludes any settlement venues within ring fenced segments Security Partial 4 5 USER GUIDELINES Customers of the LSTS service may enter and delete orders of all types within the published period rules However usage of the system is monitored Customers consistently performing irregular activity will be asked to modify their use of the service and may be suspended if their activity affects other participants usage of the customer development service Live Simulation and Training Service Description Page 15 of 32 CTS CTS201 Customer Development Service Service Manual Issue 2 WO Series 4 6 SERVICE TIMINGS 4 6 1 London Market Service Times The service hours for the LSTS match those of the live service with identical period timings to the live market segments These service hours can be found in TIS101 Service D
27. ill be answered by the London Stock Exchange s Service Control Desk whilst business related queries will be answered by the Client Technology Group Support personnel can be contacted via the London Stock Exchange s Service Control Desk 44 207 797 3100 or the Client Technology Group on 44 207 797 3939 Scheduling of the customer test sessions is managed by the London Stock Exchange s customer testing team who can be contacted on 44 207 797 3100 Service Information Page 32 of 32
28. nge s systems e Use the service as a training environment for new or existing traders who want familiarity of the Exchange s Trading system e Verify business readiness activities within a firm including support of business procedure testing user training and back office system testing e Verify that system applications and infrastructures can support the delivery of the Exchange s market data and interact with the trading architecture The CDS service provides a testing environment that can support technical testing and can be used to underpin business readiness activities including support of business procedure testing user training requirements and back office system testing The service has been designed to support both customers of the London Stock Exchange LSE and customers of the Dutch Trading Service DTS Guidance is given to customers on how each of the services available within CDS should be used to ensure maximum benefit is derived from using the service 2 3 CDS TEST SERVICES The CDS test service is a fully functioning simulation of the Exchange s production environment and consists of three main services each designed to allow customers to test various aspects of their systems and fulfil a range of testing needs 1 Live Simulation and Training Service LSTS This test service provides a quote and order book with the configuration of the live service allowing Customer Development Service Overview Page 9 of 32
29. of these models 5 3 3 Data Refresh Process These segments will utilise dummy data and will therefore not be included within the weekly reference data refresh 5 3 4 Service Timings The Interactive Service commences 07 50 hours and ends at 20 00 hours 5 4 MARKET CONTROL ACTIONS The Market Control Actions model is a test service for customers to observe scripted business and technical events in a SETS and SETSmm market model Full details of the Market Control Actions are contained within CTS202 Market Control Actions Service Manual which is available via the Exchange s website 5 4 1 Market Structure The market structure for the Market Control Actions model is as follows Model Based Testing Service Description Page 19 of 32 CTS CTS201 Customer Development Service Service Manual Issue 2 O Series SETS style RSET SSS1 Market Segment Additions SEGA SEGD Deletions and Instrument Moves SEGB SEGE SEGC 5 4 2 Background Data Automated scripts are generated by the Exchange to create particular scenarios 5 4 3 Data Refresh Process In order to ensure that the results of each scenario are consistent customers may observe the MCA but no customer participation is allowed and the MCA segments will be reset to a known position each day i e refreshed daily 5 4 4 Service Timings The Market Control Actions service is available from 08 00 hours to 20 00 hours 5 5 CUSTOMER SPECIFI
30. on the live service should inform the customer testing team that they wish to do so when booking the test sessions in order that the necessary security registrations can be performed These additional registrations are not reflected in live service Model Based Testing Service Description Page 22 of 32 CTS201 Customer Development Service Service Manual Issue 2 V O Series e For the Customer Specific CSET instruments customers should not enter any data other than for their own assigned securities and should inform the London Stock Exchange Service Control Desk on 44 207 797 3100 or the Client Technology Group on 44 207 797 3939 of any apparent breaches of this rule e Customers should not use automated input facilities within the MBT service other than for the Volume Input Service after live service hours on the MBT segments Model Based Testing Service Description Page 23 of 32 CTS CTS201 Customer Development Service Service Manual Issue 2 VW O Series 6 PRODUCTION TEST INSTRUMENTS SERVICE DESCRIPTION 6 1 SERVICE DESCRIPTION This test service provides test segments on the CDS and Production environments for customers to enter test transactions Testing is confined to 50 test securities that are available on the live service during live service hours The test service enables customers to verify system configurations without the need to enter real transactions by entering a small volume of transactions
31. ormation for CDS o CTS201 CDS Service Manual this document o CTS202 CDS Model Based Testing Service Market Control Actions Service Manual e CTS Three Series Conformance Service Manual information for conformance e CTS Four Series HVS Service Manual full service information for HVS e CTS Five Series Data Depot referenced canned data Introduction Page 6 of 32 CTS CTS201 Customer Development Service Service Manual Issue 2 O Series 1 3 VERSION HISTORY This document CTS201 Customer Development Service Service Manual has been through the following iterations 1 0 September 2005 First issue of CTS201 Customer Development Service Service Manual from the new CTS Series documents 2 0 September 2006 Second issue of CTS201 updated to accommodate changes to the CDS service resulting from the introduction of the new Trading System Please note e The CTS One Series CTS Two Series CTS Three Series CTS Four Series and CTS Five Series of documents replace the London Stock Exchange s previous Customer Testing documentation STS101 STS103 STS104 and STS105 e CTS201 Customer Development Service Service Manual replaces the previous STS104 Trading and Information Services Customer Development Service Service Guide document In subsequent issues where amendments have been made to the original content these changes will be identified using a series of
32. ouncements are broadcast from the Regulatory News Service RNS throughout the trading day based on announcements taken from the live service Announcement markers A markers are generated for instruments referenced by the announcements The same announcements are broadcast daily Service Information Page 28 of 32 CTS CTS201 Customer Development Service Service Manual Issue 2 WV O Series 8 SERVICE INFORMATION 8 1 SERVICE AVAILABILITY The customer development services are available on each business day Customers are encouraged to access CDS prior to conforming their software The table below summarises the CDS service availability for each market E EE dle J Live Simulation and Training 07 50 to 17 00 Service Model Based Testing Services e Interactive Service 07 50 to 20 00 e Market Control Actions 08 00 to 20 00 e Customer Specific Service Five days a_ 07 50 to 20 00 e Pre Conformance week 05 00 to 06 30 Reference data sent e Volume Input Service 17 30 to 20 00 After live service hours on the MBT segments Production Test Instruments 07 00 to 17 15 Testing is available during normal trading service hours 8 2 USER ACCESS 8 2 1 Pre Requisite Testing New customers and existing customers are encouraged to access the CDS prior to conforming their software Existing customers making internal system enhancements may take a technical readiness test before accessing the servic
33. purpose of this document is to provide users with a detailed knowledge of the CDS service offered by the London Stock Exchange to assist customers in getting the best out of the service and the best out of the systems being tested In order to achieve this an overview is provided of each service available within the CDS This covers a number of services including e Live Simulation and Training Service LSTS e Model Based Testing Service MBT e Production Test Instruments PTIs For each service a description is provided to give readers a thorough understanding of what the service is and what each service is designed to achieve The market structure is then detailed specifying the stocks covered by each service and the market rules that apply The full service environment is also defined to show which segments are available within which service Finally general service information is provided to help customers use each service This section covers booking information user access pricing test credits and links to further information 1 2 CTS SERIES OF DOCUMENTS This document is part of a series of documents that piece together to form a complete and extensive picture of all enhanced customer testing services available from the London Stock Exchange The range of documents comprises the following series e CTS One Series Foundations foundation data to understand the services e CTS Two Series CDS Service Manual full service inf
34. re contained in the Extranex Service and Testing Services Price List available on the Exchange s website For terms and conditions relating to these services please refer to the Testing Services Order Form and Testing Agreement available on the Exchange s website The Exchange reserves the right to amend any prices at its sole discretion 8 4 TEST CREDIT ALLOCATION Customers accessing CDS are allocated a number of free test sessions depending on customer type The table below identifies Extranex test credit allocations for new installations Customer Type Host to Host Host to Host Trading access Vendor access Accredited software un accredited software workstation network Bookable CDS sessions 1 Please contact your Account Manager to ascertain if your choice of software is accredited Software houses and vendors are not allowed to use customer credits without prior written authorisation from the Exchange The test credits are allocated to the company which orders the SAP installation Please note test credit allocations are provided as a guide only and are subject to change Please refer to the Extranex Service and Testing Services Price List for the most up to date allocation information or contact your Account Manager Service Information Page 31 of 32 CTS CTS201 Customer Development Service Service Manual Issue 2 7 O Series For terms and conditions relating to these services please ref
35. t of your systems CTS TWO SERIES CTS201 OVERVIEW The CTS201 Customer Development Service Service Manual provides customers with full details of each service available with in CDS including the e Live Simulation and Training Service LSTS e Model Based Testing Service MBT e Production Test Instruments PTIs The document describes each service provides the market structure for each service and specifies data refresh resynchronisation processes user access pricing booking information and the full service environment configuration parameters This document is available electronically from the London Stock Exchange s website http www londonstockexchange com en gb products membershiptrading techlib testdoc Preface Page 2 of 32 CTS CTS201 Customer Development Service Service Manual Issue 2 V O Series USE OF THIS DOCUMENTATION This document is the property of The London Stock Exchange and neither the document nor its contents may be disclosed to a third party nor may it be copied without the London Stock Exchange s prior written consent The Exchange endeavours to ensure that the data and other material in this publication are correct and complete but does not accept liability for any error herein or omissions herefrom The development of Exchange products and services is continuous and published information may not be up to date It is important to check the current position with the Exchange
36. vice will disseminate reference data between the hours of 05 00 hours and 06 30 hours 5 7 VOLUME INPUT SERVICE The purpose of the Volume Input Service VIS test facility is to allow customers to input a large volume of quotes and orders against the Exchange s central system to performance test the reaction of internal systems under a transaction load This is available to CDS customers after live service hours from 17 30 hours to 20 00 hours on the MBT test segments This service should be used to test realistic business events e g the testing of automated basket or portfolio trading scenarios in different market conditions It should be noted that the facility is not sized to support technical capacity testing and customers using the facility for this purpose should be aware of the following e The test environment is sized at a lower specification than the live service and as such response times are slower than those observed on live e The ability of the broadcast interface to handle high volume data is tested in the HVS cycle of the Information Conformance service 5 8 USER GUIDELINES The following guidelines are applicable for the MBT e Customers may enter trading data for securities supporting Interactive scenarios that require customer participation These scenarios require customers to follow usage guidelines for each instrument e Customers wishing to enter quotes in any instruments in which they are not registered
37. xpiry period schedule will be invoked on these days e Disaster recovery scenario This provides customers with a Disaster Recovery period schedule using a live like market configuration There is no physical switching of sites as part of this scenario A set of dates will be provided by the Exchange on an annual basis and a Disaster Recovery period schedule will be invoked on these days Live Simulation and Training Service Description Page 17 of 32 CTS201 Customer Development Service Service Manual Issue 2 10 Series 5 MODEL BASED TESTING SERVICE DESCRIPTION 5 1 SERVICE DESCRIPTION This service offers customers a combination of tests with the ability to both observe and interact with a known set of scenarios and instruments There are five distinct models that comprise the MBT service e Interactive Service The ability to interact with automatically generated activity over extended hours e Market Control Actions The ability to observe scripted business and technical events in a specialised market structure e Customer Specific Instruments Sole access to the order book for a number of securities e Pre Conformance The ability to download Conformance reference data prior to a Conformance testing session e Volume Input Service This test facility allows customers to enter a high volume of messages after normal market hours on the MBT segments 5 2 MARKET STRUCTURE The diagram below shows the market structure
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