[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/54957d57 - PLEASE DO NOT REPLY BY MAIL.]
An easy option is to send a regular trade with a negative value for MDEntrySize. Otherwise, I would suggest to go for a TradeCondition value. How about 0(zero)=Cancel? > 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 -~----------~----~----~----~------~----~------~--~---
