[Quickfix-developers] RE: ClOrdID protocol??

[Steve B. <sb...@in...>]

> Date: Fri, 25 Jul 2003 20:30:01 -0700 (PDT)
> From: Patrick Reuter <pat...@ya...>
> Subject: RE: [Quickfix-developers] ClOrdID protocol??
> To: qui...@li...
> 
> F&O markets are difficult, few use FIX (CME for
> example), most have specific APIs. F&O brokers begin
> to develop FIX interface/gateways to their systems
> though.

We use FIX for CME. Although CBOT, Eurex and LIFFE 
don't support FIX we have developed adapters that 
allow our program trading customers to use FIX to
execute orders on those exchanges.

We map all our internal order identifiers to whatever
the external exchange requires. Although most have
simple requirements (e.g., max number of characters)
some require additional information, such as the date
or a branch code or they require the client order ID
to be all digits, to be sequential, etc.

Steve Bate