OX XML API OSI Change Specifications

 

 

 

 

 

 

 

 

 

 

 

 

 

optionsXpress, Inc.

XML API Change Specifications

Required To Support Impending

Option Symbology Initiative

 

 

 

 

 

 

 

 

 

by

Pavel Zeldin

Vice President of IT Development

pzeldin@optionsxpress.com

10/29/2009

Revision History

Version	Date	Change Summary	Changed by
1.0	11/02/2009	DRAFT completed	Pavel Zeldin

 

1.    Purpose.

 

The purpose of this document is to communicate our plan to support OSI-compliant symbols via XML API.  This will enable our XML API partners to coordinate any necessary changes, thus ensuring smooth migration to the new symbol format.

 

2.    Introduction.

 

As many of you are aware, a group of options industry professionals has created a plan to overhaul equity and index options symbology in an effort to decrease the number of errors in front-/middle-/back- office processes, reduce corporate action symbol conversions, and eliminate LEAP roll-over process.  The OCC has approved the plan, and the new symbology will be rolled out into production environments starting February 12^th, 2010.

 

The latest documentation on the Options Symbology Initiative (OSI) is available here.

 

3.    OSI approved symbol format:

 

Symbol	Year	Month	Day	C/P	Explicit Strike	Strike Decimal
MSFT	10	04	16	C	00028	000

 

4.    Industry-wide Implementation Plan and Timeline.

 

4.1             February 12^th, 2010 – Symbol Conversion.  All OPRA symbols to be migrated to the new symbology format, preserving the OPRA root of the symbol.

 

Ex. “MSQDC” will be converted to “MSQ  100416C00028000”.

 

4.2             March – May, 2010 – Symbol Consolidation.  All roots in the new symbols are replaced with corresponding underlying symbols.

 

Ex.  “MSQ  100416C00028000” will be converted to ‘MSFT  100416C00028000”.

 

5.    optionsXpress XML API Plan and Timeline.

 

5.1             January 8^th, 2010 - all web services available via XML API will be forward-compatible.  OPRA symbol as well as post-conversion format of symbols will be supported as inputs.  The option root symbol may be padded to 6 characters using either “space” or “^” (carrot sign).  OPRA symbols are returned in results for all options.

 

Ex. “.MSQDC”, “MSQ   100416C00028000”, or “MSQ^^^100416C00028000” will be supported as input parameters.

 

5.2             February 12^th, 2010 – all web services available via XML API will be forward-compatible.  Conversion symbol as well as consolidated symbol will be supported as input parameters.  The option root symbol may be padded to 6 characters using either “space” or “^” (carrot sign).  OPRA symbols are no longer supported.  Converted symbols are returned in all result sets, padded with “^” (carrot sign). 

 

Ex. “MSQ   100416C00028000”, “MSQ^^^100416C00028000”, “MSFT  100416C00028000”, and “MSFT^^100416C00028000” will be supported as input.

 

5.3             March - May, 2010 – all symbols with OPRA roots cease to exist on the day of their respective consolidation, according to the OSI consolidation schedule available here.  Only consolidated symbols will be accepted as input parameters.  The option root symbol may be padded to 6 characters using either “space” or “^” (carrot sign).  Consolidated symbols returned in result sets.

 

Ex. “MSFT  100416C00028000” or “MSFT^^100416C00028000” will be supported as input parameters.

 

6.    optionsXpress Web Services Affected by the OSI:

http://oxbranch.optionsxpress.com/accountservice/account.asmx               GetCustAccount               GetCustActivityFM               GetCustContingentOrders               GetCustOrders               GetCustOrderStatus               GetCustPositionsBySymbol               GetCustPositionsMini               GetCustPositionsSOD               GetCustPositionsSummary               GetSecurityProfile   http://oxbranch.optionsxpress.com/accountservice/advancedorder.asmx               PlaceCNTOOrder               PlaceContingentMultiLegOrder               PlaceContingentOptionOrder               PlaceGenericOCOOTOOrder               PlaceTrailingStopOptionOrder   http://oxbranch.optionsxpress.com/accountservice/order.asmx               GetGenericQuote               GetGenericQuoteFM               GetGenericQuoteMulti               PlaceContingentOptionOrder               PlaceContingentOptionTimeOrder               PlaceContingentOptionVolumeOrder               PlaceMultiLegOrder               PlaceOptionOrder               PlaceOptionOrderWithRoute               PlaceSpreadOrder               PlaceTrailingStopOptionOrder http://oxbranch.optionsxpress.com/accountservice/tools.asmx               SymbolLookup   http://oxbranch.optionsxpress.com/accountservice/trade/basketorder.asmx               AddMultiLegOrderToBasket               AddOrderToBasket               CreateNewBasket               DeleteBasket               DeleteOrderFromBasket               GetBaskets               GetOrderBySavedOrderId               GetOrdersByBasketId   http://oxbranch.optionsxpress.com/opxstools/dragon.asmx               GetOptionDragon   http://oxbranch.optionsxpress.com/opxstools/optionchain.asmx               GetListOfValidMonths               GetOptionChain               GetOptionChainAll               GetOptionChainWithIndicator               GetOptionStrikesBySymbol               GetPricerChain   http://oxbranch.optionsxpress.com/opxstools/quotedetail.asmx               QuoteDetailService   http://oxbranch.optionsxpress.com/opxstools/screener.asmx               RTSpreadScreener               TradingPatternsDetailed   http://oxbranch.optionsxpress.com/opxstools/watchlist.asmx               CreateNewWatchList               DeleteWatchList               DeleteWatchSymbols               GetWatchSymbols               GetWatchSymbolsWithQuotes               ReCalibrateAlerts               ReturnListOfWatches               SaveWatchSymbols               UpdateIndex

 

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