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General Q/A
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Re: Order Qty/Fill Question
Sree Adusumilli / Barclays
9 Jun 2009 2:46PM ET > Hi All,
>
> I want to how would the above scenario would function. 1a.I send a Order
> to buy 1000 stocks which gets Partially filled by quantity 500.Now i
> send a Cancel/Replace for the same for quantity less than the actual
> fill ( <500). Would this work?
Filled message would be be sent with OrderQty="ExecutedQty" which is more than the replaced quantity.
1b. What if i send Cancel otherwise, The
> partial filled order will get cancelled.
Cancelled message would be be sent with OrderQty="ExecutedQty" which is more than the replaced quantity.
>
> 2a.I send a Order to buy 1000 stocks which gets Fully filled.Now i send
> a Cancel/Replace for quantity 1500. Would this Cancel/replace work ?
> Will this order be submitted as a different submission to trader? and
> the marked as Fully Filled.
Depends on the implementation. You may encounter a rejection for a replaced order.
> It would also be great if someone could explain me these situation
> before Order has Ack'ed and After Order gets Ack'ed
>
> Regards Sridhar
Re: Order Qty/Fill Question
Sree Adusumilli / Barclays 9 Jun 2009 2:46PM ET
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