Execution Report related Query

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Imported from previous forum

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  1. How we can identify the the unsolicited activities like
    new order/
    Cancel replace/
    Cancel order ?

Is it from tag#377 or exec Type tag#150?

Thanks in advance

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[ original email was from Herby Raynaud - herby.raynaud@transacttools.net ]

Giridar

As a sellside firm you would use the tag 377 SolicitedFlag to identify unsolicited messages. This is typically used when the buyside
is phoning in orders, has not implemented cancel or cancel replace
or there is a communication problem and the buyside is unable to send the message electronically.

  1. How we can identify the the unsolicited activities like new order/
    Cancel replace/ Cancel order ?

Is it from tag#377 or exec Type tag#150?

Thanks in advance