[This message was posted by Oksana Zheliabina of B2BITS <[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/27c97828 - PLEASE DO NOT REPLY BY MAIL.]
Dear All, When information about trades are distributed in Market Data messages what approach should be used to send information about trade busts? For example, when new trade occurs, Market Data - Incremental Refresh (X) message is sent with the following paramaters: - MDUpdateAction(279) = '0' (Add) - MDEntryType(269) = '2' (Trade) - MDEntryPx(270) - represent trade price; - MDEntrySize(271) - represent trade qty. However, how to send update when trade was busted? I see several possible approaches: - Use MDEntryID(278) for trade identifier, and when bust occurs, update with MDUpdateAction(279) = '2' (Remove) and corresponding MDEntryRefID(280) is sent. - Maybe a special value of TradeCondition(277) exists to represent busts, so update with such TradeConidition(277) can be sent. Could you please share your experience in this area? Thank you in advance. [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 -~----------~----~----~----~------~----~------~--~---
