[This message was posted by Vinay Meher of JPMC <[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/490696ac - PLEASE DO NOT REPLY BY MAIL.]
In FIX, Tag no. 38 represents the Order Quantity which is "Total Intended Order Quantity" (including the amount already executed for this chain of orders). Lets consider the following case: 1) An entity places an order with Order Quantity = 10. 2) Order gets partially traded with Traded Quantity = 2. 3) Before the receipt of Execution Report (Trade Confirmation) of step 2, an Entity places an Order Replace Request with Order Quantity = 12. At this moment the entity is not aware that the order is already partially traded with quantity 2. 4) The order gets fully traded. At this moment, total traded quantity i.e. CumQty would be 14. Is this case valid in FIX? If Yes, then will it be OK, if the trades for quantity 14 takes place instead of 12? Thanks in advance, Vinay M [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 -~----------~----~----~----~------~----~------~--~---
