[This message was posted by John Greenan of http://www.alignment-systems.com 
<john.gree...@alignment-systems.com> to the "4.2 Changes" discussion forum at 
http://fixprotocol.org/discuss/5. You can reply to it on-line at 
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Hi Elton,

A sub-group of the GTC is looking at this issue.  I am working with Greg Wood 
of Credit Suisse and Jim Whitehead of Fidessa LatentZero on a proposal.  This 
will be ready for review on 11th June.

Regards,

John

> Hello,
> 
> > The GTC is happy to host a more formal discussion on this topic. If
> > there is ambiguity in either the order state change matrices or the
> > rules as stated in the spec then it should be clarified. This
> > Thursday's monthly GTC meeting would be a good opportunity. Otherwise,
> > we could find another time that suits all parties.
> 
> Please, do you have any news of GTC on this topic?
> 
> 
> > Looking at both the 4.2 and 5.0 SP1 specs leads me to the conclusion
> > that the intent is for ExecType to be set to a value indicating that
> > the trade has been canceled (4 or H, depending on version) and that
> > OrderStatus would be set to value determined by the order status
> > priority matrix. In some cases this may simply be "New" if there is no
> > preceding status that overrides this. Unfortunately there is not a
> > bust example that clearly conveys this and we may want to consider
> > providing such.
> 
> Will FPL add this "full bust" in the "D" appendix of FIX 4.2 specs?
> 
> At least, may I assume that ExecType=Cancel (150=4) when busting an
> execution?
> 
> Thanks,
> 
> Elton


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