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There are two properties to check whether an instrument is open for trading or not, "Status" and "Visible Status".
Status controls the listing tradability of instruments. I.e. if an instrument is visible possible to trade for a particular type of user. The property can take one of five values:
| Status value | Description |
|---|---|
| Open | The trade buttons are visible on instrument is visible for everyone. |
| Open (Partner) | The trade buttons are visible on instrument is visible in the backoffice module and in the advisor module, but not in the customer front module. |
| Open (Admin) | The trade buttons are visible on instrument is visible in the backoffice module only. |
| Closed | The instrument is not visible to can not be traded by anyone, but can be "reopened" from the backoffice module by selecting the "Closed" status in the instrument listing and editing the instrument. |
| Removed | The instrument is removed from all system modules but remains in the database in order to keep data integrity for historical orders, transactions and positions. |
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Visible status controls the visibility of trade buttonsthe instrument, i.e. whether an instrument is tradableshown in listings. When an instrument is in "Phone" status the buttons for trading will open a dialog box with information on how to perform a phone order.
| VIsible Status value | Description |
|---|---|
| Open | The instrument is tradable visible for everyone. |
| Open (Admin) | The instrument is tradable visible in the backoffice module only. |
| Open (Partner) | The instrument is tradable is visible in the backoffice module and in the advisor module, but not in the customer front module. |
| Phone (Front) | The instrument is tradable is visible in the backoffice module and in the advisor module, but in the customer front module a configurable message with information on how to perform a phone order will be displayed. |
| Phone (Partner) | The instrument is tradable is visible in the backoffice module, but in the advisor and customer front modules the phone order message will be displayed. |
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