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4.4 Changes
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Re: Fill and Partial fill messages on Fix4.4
sunilkumar T M
16 Jul 2008 9:40PM ET> > Agree that as per protocol,Pending Cancel is not possible on a
> > filled order.
>
> Actually you can have a pending cancel for a filled order. See the
> following scenario:
>
> 1. Order has Open qty left
> 2. Client sends in OrderCancel
> 3. Before Order Cancel is actioned. Remaining qty is filled on the
> Order. 4. The client will receive 150=Trade 39=Pending Cancel. (Note
> Pending Cancel has a higher ord status precedence than Filled)
> 4. The client then should receive a OrderCancelReject rejecting his
> cancelled as the order has been filled
I intended to say,it's not a practice to cancel a filled order(hence cannot have a pending cancel),but can amend Qty upward on a filled order(hence can have a pending replace).
Re: Fill and Partial fill messages on Fix4.4
sunilkumar T M 16 Jul 2008 9:40PM ET
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