[This message was posted by Kathryn Horton of Bank of America Merrill Lynch 
<[email protected]> to the "4.2 Changes" discussion forum at 
http://fixprotocol.org/discuss/5. You can reply to it on-line at 
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Hello,

Please can someone let me know where do I can find the details of the proposal 
referred to below.


> Hi Elton,
> 
> A sub-group of the GTC is looking at this issue. I am working with Greg
> Wood of Credit Suisse and Jim Whitehead of Fidessa LatentZero on a
> proposal. This will be ready for review on 11th June.
> 
> Regards,
> 
> John
> 
> > Hello,
> >
> > > The GTC is happy to host a more formal discussion on this topic. If
> > > there is ambiguity in either the order state change matrices or the
> > > rules as stated in the spec then it should be clarified. This
> > > Thursday's monthly GTC meeting would be a good opportunity.
> > > Otherwise, we could find another time that suits all parties.
> >
> > Please, do you have any news of GTC on this topic?
> >
> >
> > > Looking at both the 4.2 and 5.0 SP1 specs leads me to the conclusion
> > > that the intent is for ExecType to be set to a value indicating that
> > > the trade has been canceled (4 or H, depending on version) and that
> > > OrderStatus would be set to value determined by the order status
> > > priority matrix. In some cases this may simply be "New" if there is
> > > no preceding status that overrides this. Unfortunately there is not
> > > a bust example that clearly conveys this and we may want to consider
> > > providing such.
> >
> > Will FPL add this "full bust" in the "D" appendix of FIX 4.2 specs?
> >
> > At least, may I assume that ExecType=Cancel (150=4) when busting an
> > execution?
> >
> > Thanks,
> >
> > Elton


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