Re: [Quickfix-developers] Indicate STOP trading

[Grant B. <gbi...@co...>]

What you're describing is not within FIX's role.

FIX is merely a communication protocol.  What you are describing is a
brokerage feature; the guy on the other end of your connection may
support something like this or he may not.  You'll need to check with
your counterparty's documentation.

-Grant

On Wed, Jul 13, 2011 at 7:08 AM, Sarkar, Arup <sar...@gm...> wrote:
> QuickFIX Documentation: http://www.quickfixengine.org/quickfix/doc/html/index.html
> QuickFIX Support: http://www.quickfixengine.org/services.html
>
>
> Hi:
>
> I have a requirement which is the following
>
> I do not want to keep any open position at the end of trading day.
>
> My question is how can I send a STOP indicator to fix server, so that they will process the last long trade and stop, just an example.
>
> I am thinking of doing the following.
> 1) Since I know when to stop trading, after the last such trade do not send any application NewOrderSingle message.
> 2) What I was looking for is an indication to fix server that this is my last trade.
>
> Regards,
> Arup
>
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