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General Q/A
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re: Suggestion: mountains of IDs
John Prewett / Lava Trading 7 May 2004 8:19AM ETIt's not difficult to create a guaranteed unique OrderID and this is a perfectly good solution for a multi-hop order that is simply passed along intact.
What it doesn't solve is the issue where an order (call it the grandparent) arrives at a hop and is split into several lesser orders (call them parent orders) that are sent to identical or different destinations, where they are received and split again (call these child orders) which are then sent to their final execution venues.
Order splitting is becoming more and more common. My original suggestion attempts to handle tracking issues with multi-hop orders that may have been split multiple times.
re: Suggestion: mountains of IDs John Prewett / Lava Trading 7 May 2004 8:19AM ET |