Imported from previous forum
We just have two customers requesting sending in and out branch id and sequence number for order, ack , executions…etc. Is there anyone know which tags are proper for the branch id and sequence number?
Thanks in advance,
Jue Wang
[ original email was from Jim Northey - jnorthey@jandj.com ]
In general we have recommended that these be concatenated into the ClOrdID field.
We just have two customers requesting sending in and out branch id and
sequence number for order, ack , executions…etc. Is there anyone know
which tags are proper for the branch id and sequence number?Thanks in advance,
Jue Wang
[ original email was from Mohamed Kasim - kasim@opussoft.com ]
Hi
SecondaryClOrdID or SecondaryOrderID shall be used depends upon how the branch ID and sequence number is assigned for the order.
#1. If the customer wants to control the branch and sequence number used for his order, his request shall carry the concatenated branch and sequence to the secondaryclordid which will be reflected in Execution report(Implementation should take care of using such information).
#2. If the execution report needs to provide information of the branch and sequence used by the Buy side host to Exchange, then use ‘SecondaryOrderID’ to provide the concatenate branch and sequence.
Kasim
www.ften.com
FTEN - Delivers unmatched Direct Market Access and Speed to Traders and Black Boxes
We just have two customers requesting sending in and out branch id and
sequence number for order, ack , executions…etc. Is there anyone know
which tags are proper for the branch id and sequence number?Thanks in advance,
Jue Wang