[This message was posted by Saikiran Ramesh of Ace Consulting <[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/87289a3f - 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 thanks. that helps. the question came up during the design of the daily trading history reports. so for these reports i will show both price and last price and any differences. [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 -~----------~----~----~----~------~----~------~--~---
