ExecType=Restated in FIX.4.0 and 4.1

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1

Imported from previous forum

2

[ original email was from Eric Gottesman - egottesman@helfantinc.com ]
In FIX.4.2 there is an ExecType=D (Restated),
in which msg is sent to counterparty to notify
of corporate action (dividend, stock split).
In FIX.4.2, ExecTransType=0 on this message.

What is the recommended method for sending this
type of message in FIX.4.0 and 4.1?

I’m leaning towards:
ExecTransType=0 (NEW)
ExecType=0
Price=new price
Qty=new qty

Other option is:
ExecTransType=3 (STATUS)
ExecType=0
Price=new price
Qty=new qty

Thanks in advance,

Eric Gottesman
Helfant Group Inc.
212-430-9245

3

[ original email was from Eric Gottesman - egottesman@helfantinc.com ]
Just reposting to see if anyone had any opinions
on this issue, i.e. how to send "Restated" order info pre-FIX.4.2.
Thanks.

> In FIX.4.2 there is an ExecType=D (Restated),
> in which msg is sent to counterparty to notify
> of corporate action (dividend, stock split).
> In FIX.4.2, ExecTransType=0 on this message.
>
> What is the recommended method for sending this
> type of message in FIX.4.0 and 4.1?
>
> I’m leaning towards:
> ExecTransType=0 (NEW)
> ExecType=0
> Price=new price
> Qty=new qty
>
> Other option is:
> ExecTransType=3 (STATUS)
> ExecType=0
> Price=new price
> Qty=new qty
>
> Thanks in advance,
>
> Eric Gottesman
> Helfant Group Inc.
> 212-430-9245
>
>
>
>

4

I would go with ExecTransType=0 becaue you are reporting new information to the receiver, i.e. something that you have not reported before.

> Just reposting to see if anyone had any opinions
> on this issue, i.e. how to send “Restated” order info pre-FIX.4.2.
> Thanks.
>
> > In FIX.4.2 there is an ExecType=D (Restated),
> > in which msg is sent to counterparty to notify
> > of corporate action (dividend, stock split).
> > In FIX.4.2, ExecTransType=0 on this message.
> >
> > What is the recommended method for sending this
> > type of message in FIX.4.0 and 4.1?
> >
> > I’m leaning towards:
> > ExecTransType=0 (NEW)
> > ExecType=0
> > Price=new price
> > Qty=new qty
> >
> > Other option is:
> > ExecTransType=3 (STATUS)
> > ExecType=0
> > Price=new price
> > Qty=new qty
> >
> > Thanks in advance,
> >
> > Eric Gottesman
> > Helfant Group Inc.
> > 212-430-9245
> >
> >
> >
> >
>