Imported from previous forum
[ original email was from Asim Kaleem - asimletters@yahoo.com ]
Hi,
I want to send executions(live, as they happen) of a client to firm A via FIX interface. What messages i need to use, allocation or confirmation message? can any one send me the sequence of message to be used in this scenarios?
thanks
Asim
[ original email was from Amy Muddimer - amy.muddimer@fixcity.co.uk ]
> Hi, I want to send executions(live, as they happen) of a client to firm
A via FIX interface. What messages i need to use, allocation or
confirmation message? can any one send me the sequence of message to be
used in this scenarios?thanks Asim
Asim,
This sounds like a typical ‘No Order Execution’ scenario, whereby you want to report executions to a FIX connection, but don’t have an order to reply to, is that correct?
If so, you just send execution reports as normal to your 3rd party (firm A), but possibly without a ClOrdID, because you didn’t receive an order from them. You would also have to create your own orderID tag.
Hope this is helpful.
Regards,
Amy