[This message was posted by John Prewett of Lava Trading 
<[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/0d0e98be - PLEASE DO NOT REPLY BY MAIL.]

> Is lastqty ,tag 32 ,required on an execution filled trade. While in the
> doc. it has an "N" , that seems to apply only to certain types of trades
> such as "29 - Order status request rejected for unknown order" Looking
> at the very first item in the matrix , it seems it is required.
> 
> Does anyone do where I can get a definitive answer on this
> 
> Thanks Howard

LastQty is conditionally required in an ExecutionReport, depending on 
ExecType(Tag 150).

Using FIXimate for FIX.4.3 and displaying ExecutionReport, I can see the 
following text accompanying LastQty:

Quantity (e.g. shares) bought/sold on this (last) fill. Required if ExecType = 
Trade or Trade Correct. If ExecType=Stopped, represents the quantity 
stopped/guaranteed/protected for.


So if ExecType=Trade(F) or TradeCorrect(G), this field is required.

With regard to the examples (you quote example 29 from Chapter 4), I imagine 
for backwards compatibility (when it was called LastShares), you are welcome to 
set LastQty=0 for ExecType=New(0) as this is not a required field and indicates 
very little value.
Now I believe this is probably an error in example 29 as LastQty changed from 
being a mandatory field in an ExecutionReport in FIX.4.2 to being conditionally 
required in FIX.4.3.  So you are welcome to send it in ExecTypes where it isn't 
actually required or optional, but then it should contain zero and be of no 
consequence - at which point you would have been better to have not sent it! 

I hope this helps.

JohnP

[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
-~----------~----~----~----~------~----~------~--~---

Reply via email to