[This message was posted by Hanno Klein of Deutsche Börse Systems <[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/b7fee33b - PLEASE DO NOT REPLY BY MAIL.]
The scope can be wider in an exchange environment where you often have groups of users and possibly hierarchies involving business units. For example, a head trader should be able to cancel orders for one or more of his junior traders. It could also be on the same level that traders have access to each others orders for backup/contingency reasons. The entering party could also be market operations that is requested over the phone to pull all orders due to a technical failure at the end of the user. Regards, Hanno. > Hi Matt / Hanno, > > [Quote from Matt's message] More often than not these will be the same > set of parties [End Quote] > > [Quote from Hanno's message] Avoiding duplicate party information by > dropping TargetParties is interesting but should only apply when the > sender of the request wants to cancel his own orders. [End Quote] > > I was under the assumption that they will always be the same. From a > security (as in safety as opposed to Security as in Stock) point of > view, should it not be that only I can Cancel my Orders? i.e. I should > NOT be permitted to Cancel another party's orders and conversely no > other party can touch my orders on the market. > > Regards, > K. Mahesh > [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 -~----------~----~----~----~------~----~------~--~---
