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Allocations
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Allocation Instructions - Cancel and Replace Usage
Sheetal Chainraj <>
22 Feb 2006 4:38PM ETIf an implementation follows the Guide put down by the Allocations Working group and for FIX 4.4, what would be the possible states when a Client could send a Cancel and/or a Replace thru an Allocation Instruction.
Here are some of the scenarios I can think of:
Cancel / Replace at any point after sending the original Allocation Instruction (new) till he has received a Confirmation from the dealer for any account i.e when he has received an Allocation Report (an accept) and also after the client has accepted the Allocation Report.
Can the client send a cancel/replace after the Confirmations have started to flow in? Any comments appreciated.
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