[This message was posted by Tayfun Cakirtas of FinanceIQ <[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/99a753cd - PLEASE DO NOT REPLY BY MAIL.]
Hi all; I'm planing to modify NewOrderSingle message of Fix 5.0SP1 and make it possible to attach multiple triggering instructions to an order. A possible usage scenario for that is a profit target limit order which has - a stop loss trigger attached that modifies original limit order to market (effectively acting as a OCO bracket order) - a time trigger which will again modifies orig. order (lmit->market) (e.g. close the position if it's not closed either profit target or stop loss till hh:mm) (i know that this needs some custom fields) Actually one may extend the possible scenarios easily. So, i think that it's a good idea and i was pretty surprised that TriggeringInstruction of current specs is not a repeating group avoiding one to attach multiple triggers. So i wonder if am i missing sth.? [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 -~----------~----~----~----~------~----~------~--~---
