Kill Switch Control

Kill Switches are activated on an EFID and product type level by TPHs or Clearing Firms through the Customer Web Portal or Cboe Titanium U.S. Secure Web API. Activating a Kill Switch for an EFID causes all new orders/quotes on the EFID and product type to be rejected on all FIX/BOE sessions, and optionally all open orders/quotes on all products with the specified EFID and product type to be cancelled. A product type of futures, options or both can be selected. Orders and quotes will be rejected until either the associated Kill Switch is reset or the CFE system is restarted for the next trading segment, whichever comes first. Kill Switches can only be reset by contacting the CFE Trade Desk.