[This message was posted by Xinyu Xiang of Bloomberg, LP <[EMAIL PROTECTED]> to the "General Q/A" discussion forum at http://fixprotocol.org/discuss/22. You can reply to it on-line at http://fixprotocol.org/discuss/read/b039f62f - PLEASE DO NOT REPLY BY MAIL.]
> Hi, > > I have a question. > > If I send out a cancel for a order, and the cancel order message is > acknoleged with a cumQTY of 500000, however the fills on that 500000 > come after the cancel is sent. Is that allowed within the FIX spec? > > Thanks > > -jeremy Absolutely. It's common that your cxl request and your counterparty's fill cross paths. So you need to be able to handle any fills before your cxl request is accepted. Most likely, you will receive a cxl reject later with 58=Too_Late_to_cancel. From broker perspective, a cxl pending msg is just an acknowledgement. There's no gurantee that it'll be able to cxl the order, e.g. when the order was routed to exchange and could not be pulled in time. -Xinyu [You can unsubscribe from this discussion group by sending a message to mailto:[EMAIL PROTECTED] --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Google Groups "Financial Information eXchange" group. To post to this group, send email to [email protected] To unsubscribe from this group, send email to [EMAIL PROTECTED] For more options, visit this group at http://groups.google.com/group/FIX-Protocol?hl=en -~----------~----~----~----~------~----~------~--~---
