Discussion Forums

ECNs, Exchanges   < Previous   Next >

Enforcement of unique ClOrdID (tag 11)
Natan Kugel / BGC Partners <>
21 Jul 2008 8:24PM ET

Exchange best practices recommends not to enforce a unique ClOrdID and limit check for duplicate ClOrdID (tag 11) to list of active orders in the order book.
I would like to follow up of how this has been addressed different exchanges.
In addition, I would like to check how risks of over execution associated with retransmissions have been addressed, when limited checks are applied.
I thank you in advance.
Natan

Enforcement of unique ClOrdID (tag 11)
Natan Kugel / BGC Partners   21 Jul 2008 8:24PM ET

Re: Enforcement of unique ClOrdID (tag 11)
Greg Orsini / Cameron Systems   22 Jul 2008 4:17PM ET

Re: Enforcement of unique ClOrdID (tag 11)
John Prewett / Lava Trading   22 Jul 2008 4:47PM ET