[This message was posted by sundar v of <[email protected]> to the "4.2 Changes" discussion forum at http://fixprotocol.org/discuss/5. You can reply to it on-line at http://fixprotocol.org/discuss/read/71c9ce88 - PLEASE DO NOT REPLY BY MAIL.]
Thanks Sumit and Mahesh for your response... > Hi Sundar, > > I think under normal circumstances a typical FIX engine will not reject > an order message with earlier used ClintorderID. This may be possible by > applying some extra validation in your FIX engine. > > Ideally this is something which should be implemented in your OMS, to > reject Order messages which are sent with already used ClientOrderID on > the same day/across days. It should also be noted here that at first > place your counterparty should have this implemented in his OMS, not to > submit new orders with ClientOrderID which has already been rejected. > > Under normal practise Trading partners keeps ClientOrderIDs to be unique > on a single day, some houses keep it unique across days. If this > practise is not followed strictly, it becomes very difficult to monitor > the status of orders on a trading floor. > > > > Hi, When a FIX engine rejects a order message (new > > order/modify/cancel) request, can the sender of this order message > > send the same order with error rectified using the same client order > > id as used in the first order message. > > > > Ex. A.FIX Client sends a new order message with Client Order ID > > (11) as 1. > > B.FIX server rejects the message. say Invalid price. > > C.Now FIX client sends the new order message with a proper price > > and with the same Client order ID 1. > > > > Should the FIX server accept this order or reject it saying "Duplicate > > Order ID" ? [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 -~----------~----~----~----~------~----~------~--~---
