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4.1 Changes
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re: Order Cancel Request
Andrew Schorr
6 Feb 1998 10:11AM ET> > would the ExecType be for a partial cancel confirmation
> > report? Would it be 7 (Cancelled) even though shares still
> > remain active? Also, what would OrdStatus be in such
> > a report? Would it continue to be 10 (New) if there had
> > been no executions as of yet?
>
> ExecType = Replaced, for OrdStatus follow the precedence
> list. If it was previously New, then it would be Replaced.
> It it were previously Partially Filled, then it would be
> Partially Filled. If it were previously Partially Filled,
> and the reduction of shares made OrderQty == CumQty, then
> it would be Filled.
Would the ExecType really be Replaced for a partial cancellation?
I would think that Replaced would apply only to an order that had
been replaced using an Order Cancel/Replace Request.
Keep in mind that we are just reducing the share quantity,
not creating a whole new order. Using Replaced seems
confusing to me, since the order has not, in fact, been
replaced.
Andrew Schorr
Daiwa Securities America Inc.
schorr@ead.dsa.com
P.S. Can people please identify themselves at the bottom
of their messages? Unfortunately, the software that sends
the e-mail messages does not seem to include the "From"
information.
re: Order Cancel Request
Andrew Schorr 6 Feb 1998 10:11AM ET
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