[This message was posted by Changpeng Yu of FT Computer Solutions <[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/337ea436 - PLEASE DO NOT REPLY BY MAIL.]
> > > Can you guys tell me the difference between these 2. Is the Price > > > field same as the one submitted with NewOrderSingle? > > > > Yes, also the same as submitted with OrderCancelReplaceRequest. > > > > > Will the LastPrice be same as Price if order was NewOrderSingle? > > > > The LastPrice contains the price of the fill (trade), if any. This may > > differ from the price of the order. > > thanks. so in case of limit orders, the LastPrice will be same as Price > ootherwise whats the point of limit order, right? Ramesh, Not right. Limit order is a limit in order. For example, you have a buy order (Buy 100 share IBM at 99.00). This means any executing price will be no more than 99.00. The LastPrice in fill reports could be have any value no more than $99.00. You can have a fill (BOT 10 at $99, BOT 20 at $98, BOT 70 at $95). Good luck, peng http://www.eptop.com/FIX/FixExpress.htm [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 -~----------~----~----~----~------~----~------~--~---
