Logon with (ResetSeqNumFlag)141=Y

Imported from previous forum

[ original email was from binaya patel - binayakumar.patel@wipro.com ]
Hi All

Need to understand more the below logon scenario

when you send a logon request with 141=Y and 34 not equal to 1 then what will be the expected response from the counter party.

Regards
Binay

Hi All

Need to understand more the below logon scenario

when you send a logon request with 141=Y and 34 not equal to 1 then what
will be the expected response from the counter party.

Regards Binay

Hi Binay,

As per FIX4.2, When the initiator sends a Logon with
ResetSeqNumFlag set to Y and with MsgSeqNum of 1,the acceptor should respond with a Logon with ResetSeqNumFlag set to Y and with MsgSeqNum of 1. At this point new messages from either side should continue with MsgSeqNum of 2. It should be noted that once the initiator
sends the Logon with the ResetSeqNumFlag set, the acceptor must obey this request. If this process is initiated and not followed properly,the
connection should be shutdown and manual intervention needs to be taken.

Hope this helps.

Thanks

Sumit