[This message was posted by jeremy deutsch of DCI <[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/7cd42fff - 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 Thanks Xinyu, Just so i am clear on what I am asking. We but in a order to buy 1M shares of XYZ. And we get this. D (ORDER_SINGLE) US 1000000 8 (EXECUTION_REPORT) BRKR 0 (NEW) 1000000 0 8 (EXECUTION_REPORT) BRKR 1 (PARTIALLY_FILLED) 1000000 500 F (ORDER_CANCEL_REQUEST)US 1000000 8 (EXECUTION_REPORT) BRKR 1 (PARTIALLY_FILLED) 1000000 1000 8 (EXECUTION_REPORT) BRKR 1 (PARTIALLY_FILLED) 1000000 10000 8 (EXECUTION_REPORT) BRKR 1 (PARTIALLY_FILLED) 1000000 100000 8 (EXECUTION_REPORT) BRKR 4 (CANCELED) 1000000 500000 8 (EXECUTION_REPORT) BRKR 1 (PARTIALLY_FILLED) 1000000 200000 8 (EXECUTION_REPORT) BRKR 1 (PARTIALLY_FILLED) 1000000 300000 8 (EXECUTION_REPORT) BRKR 1 (PARTIALLY_FILLED) 1000000 400000 8 (EXECUTION_REPORT) BRKR 1 (PARTIALLY_FILLED) 1000000 500000 Does that make sence for the cacel to come before the fills? [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 -~----------~----~----~----~------~----~------~--~---
