[This message was posted by Hanno Klein of Deutsche Börse Systems <[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/14d19d75 - PLEASE DO NOT REPLY BY MAIL.]
OrdType should change to a limit (or market) order to show that it now no longer behaves like a stop but is simply an active order. If you need to maintain the information on the order (in the ExecutionReport) that it was once a stop order then I would use user-defined field 6489 TriggerIndicator. It is a good candidate for a standard field but nobody has submitted a formal proposal for it yet (we might...). > Hi, > > Following the triggering of a Stop Limit Order if the order behaves as a > limit order should the Order Type(40) of the order be changed to Limit, > or should it remain as a Stop Limit Order. > > The Order State Change Martices in FIX 5.0 refers to such a scenario in > E.1.f but does not mention a change in the Order Type. > > Is there a standard model for supporting Order Type Amendments in FIX > for such orders. [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.
