[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/03a24fad - PLEASE DO NOT REPLY BY MAIL.]
If I understand you correctly, you want to replace one order with another based on some condition. You can do this with a NewOrderList message and tag 1385 ContingencyType = 2 = "One Triggers the Other" (OTO). The message needs to contain both orders (from and to), your rules of engagement should state that the first order in ListOrdGrp is the primary (FROM) and the second is the secondary (TO) order. If you only have one triggering condition, e.g. cancellation/expiration of the primary order, you can simply document that in your rules without using explicit fields in the message. The latter would be covered by the order-specific TriggeringInstruction component block. An upcoming extension to FIX 5.0 SP2 will allow you to reference another order (http://www.fixprotocol.org/discuss/read/d48fc151). Regards, Hanno. > How does SWITCH orders (SWITCH FROM and SWITCH TO) can be traded in FIX > . This is related to Mutual and offshore fund orders. > > i.e SWITCH FROM equivalent to MT502 SWIF , SWITCH TO equivalent to > MT502 SWIT > > > > Please help us with an answer [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 -~----------~----~----~----~------~----~------~--~---
