[This message was posted by Richard Labs of CL&B Capital Management, LLC 
<r...@clbcm.com> to the "Algorithmic Trading" discussion forum at 
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When we "upgraded" the rules technology for both VALIDATION and FLOW areas of 
FIXatdl we were really most interested in adding NOT AND. NOT OR was then 
likely added "to match" -- however its likely of little "real world" use. 

NOT AND however really opens up some exceptionally interesting capabilities in 
VALIDATION and FLOW rules processing. See the quote below from WikiPedia and 
know that is exactly what we intended to build in to FIXatdl v1.1 This 
capability is not to be underestimated!

"The NAND gate has the property of functional completeness. That is, any other 
logic function (AND, OR, etc.) can be implemented using only NAND gates. An 
entire processor can be created using NAND gates alone."

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