Re: [Quickfix-developers] Sequece of events

[Oren M. <or...@qu...>]

Clark,

I would recommend posting this message to the general discussion forum=20=

at www.fixprotocol.org.  That is the best place for help with general=20
FIX questions like this.  You will probably get a better response over=20=

there:

http://www.fixprotocol.org/cgi-bin/Menu.cgi?menu=3D700

--oren

On May 22, 2004, at 3:59 PM, Clark Sims wrote:

> I am a newbie to fix programming. I want to make sure
> I understand the sequence of events for placeing a new
> order, doing a cancel replace, and doing a straight
> cancel. I also have some questions about various
> fields within the fix messages.
>
> For a new single order I think this is the sequence of
> events:
>
> 1) Fix client sends a NewOrderSingle message to the
> the Fix server.
>     Question 1) How should I set HandlInst?
>       For orders to Arca, Isnd, and other ECN's I
> guess it should be
>        1, for
> HandlInst_AUTOMATED_EXECUTION_ORDER_PRIVATE_NO_BROKER_INTERVENTION
>       For orders that go to Dot how should this be
> specified? Reading the names
>         I would guess
>        2, would correcspend to AutoEx, or
> HandlInst_AUTOMATED_EXECUTION_ORDER_PUBLIC_BROKER_INTERVENTION_OK
>  and
>        3, HandlInst_MANUAL_ORDER_BEST_EXECUTION would
> be a normal dot order.
>        Are these values correct?
>
>
> 2) One of two things happens:
>   a) The Fix server sends an ExecutionReport to the
> client with
>      OrdStatus =3D 0 =3D OrdStatus_NEW
>   b) The Fix server sends an ExecutionReport to the
> client with
>      OrdStatus =3D Rejected
>    Question 2) Where is the reason for the rejection?
>
> For a cancel replace order I think this sequence of
> events happens:
>   1) the Fix Client sends a OrderCancelReplaceRequest
> to the Fix server.
>     Question 3) Do I need to set the quantity for a
> cancel replace order?
>      If so what quantity should I use, the original
> quantity,
>      or the remaining unfilled quantity?
>
>   2) The fix server sends an execution messages with
> OrdStatus =3D 1 =3D Pending,
>      or the fix server sends a OrderCancelReject
> message.
>    Question 3) If the fix server sends an
> OrderCancelReject message, where
>     is the reason stated?
>
>   3) The fix server sends an execution message with
> OrdStatus =3D 9 =3D Replaced
>
> For a cancel order, I think the following events
> happen:
>    1) the Fix Client sends a OrderCancelRequest to the
> Fix server.
>     Question 4) Do I need to set the quantity for a
> cancel order?
>      If so what quantity should I use, the original
> quantity,
>      or the remaining unfilled quantity?
>
>
>    2) The fix server sends an execution message with
> OrdStatus =3D 1 =3D Pending,
>      or the fix server sends a OrderCancelReject
> message.
>    Question 5) If the fix server sends an
> OrderCancelReject message, where
>     is the reason stated?
>
>    3) The fix server sends an execution message with
> OrdStatus =3D 7 =3D Canceled
>
>
> Thanks in Advance,
>
> Clark Sims
>
>
> =09
> 	=09
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