new order list and Multileg Orders

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Imported from previous forum

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[ original email was from John Falvey - jffalvey@statestreet.com ]
Is there an example of a “new order list” (or equivalent) where the list consists of a combination of "new order singles " and “multileg orders”?

thanks

3

[ original email was from John Falvey - jffalvey@statestreet.com ]
> Is there an example of a “new order list” (or equivalent) where the list

consists of a combination of "new order singles " and “multileg orders”?

thanks

My need for a new order list that includes single and multleg orders is heating up again.

I am testing with a new order list where I simply include multileg orders as needed. For processing I simply look for the leg count. If it exists I process the multileg.

This works great for my FX orders.

I am looking for input on this implementation so that I can propose this as an enhancement.

Thanks

John

4

[ original email was from Jay Hurley - Jay.Hurley@morganstanley.com ]
You mention that an order list which combines single and multi-leg orders is useful for FX. I’d be interested to know more about the business scenarios where you are using this, especially to work out whether the requirement is something specific to FX or has wider applications.

Regards,
Jay

Is there an example of a “new order list” (or equivalent) where the
list consists of a combination of "new order singles " and “multileg
orders”?

thanks

My need for a new order list that includes single and multleg orders is
heating up again.

I am testing with a new order list where I simply include multileg
orders as needed. For processing I simply look for the leg count. If it
exists I process the multileg.

This works great for my FX orders.

I am looking for input on this implementation so that I can propose this
as an enhancement.

Thanks

John

5

[ original email was from John Falvey - jffalvey@statestreet.com ]
We are interfacing an older product with FIX. There is no mechanism in the application for compiling multiple messages into a single trade session. A new order list message was used. One list equals one trade session. A trade session in the application can contain both single and multileg trades. So to add multileg trades via FIX to this application it would be easiest just to have the multileg trades in the list with the singles.

John

You mention that an order list which combines single and multi-leg
orders is useful for FX. I’d be interested to know more about the
business scenarios where you are using this, especially to work out
whether the requirement is something specific to FX or has wider
applications.

Regards, Jay

Is there an example of a “new order list” (or equivalent) where the
list consists of a combination of "new order singles " and “multileg
orders”?

thanks

My need for a new order list that includes single and multleg orders
is heating up again.

I am testing with a new order list where I simply include multileg
orders as needed. For processing I simply look for the leg count. If
it exists I process the multileg.

This works great for my FX orders.

I am looking for input on this implementation so that I can propose
this as an enhancement.

Thanks

John