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4.2 Changes
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Re: Cancel Bust Question - Please Help
soumya mohanty / Franklin Templeton
31 Oct 2011 2:35AM ET I do not agree to your point that this will make the order open as we are correcting a fill which is already done and rest of the quantity is already cancelled,and when u bust a fill there must be reason like you want to correct the qty or price and if the sales trader is getting the fills at a better price he can sent it but how does it make the cancelled order to be in open state?
--Soumya
Hi,
>
> Here you are canceling the remaining qty and then busting the partial fill. In this case the partial fill qty should get opened.
>
> Your Order status should be open and execution type should be partial fill.
>
> Sudhir
>
>
> > Hello,
> >
> > I was recently certifying with a non-exchange US equities venue. When an order is canceled and you bust the partial fill of that order, should that order go back into the status of a live order or stay canceled?
> >
> > Workflow:
> > 1) Order Single
> > 2) Execution New
> > 3) Execution Partial Fill
> > 4) Order Cancel Request
> > 5) Execution Pending Cancel
> > 6) Execution Canceled
> > 7) Execution Bust where ExeRefID refers to the Execution Partial Fill.
> >
> > Please advise.
> >
> > Khody Azmoon
> >
> > P.S. I came across the post below in the archives that seems to confirm that it stays canceled, but the author seemed like they were unsure. http://www.fixprotocol.org/discuss/read/51a87914
Re: Cancel Bust Question - Please Help
soumya mohanty / Franklin Templeton 31 Oct 2011 2:35AM ET
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