Order status change

, ,
1

Imported from previous forum

2

[ original email was from Ainhoa Dewisme - ainhoa.dewisme@reuters.com ]
Is there a standard tag within a message or a standar message that i can use to place an existing FX order on hold? I need to be able to modify the status of an order (place it on hold and then later on release it back onto the FX market)

Thanks and Regards

Ainhoa

3

Hi Ainhoa,
You could modify the order with tag 168 “EffectiveTime” and give it an arbitrary future value.
I am not aware of a tag that would turn on-off the order not “active” status. Let’s see if you get other suggestions, I am interested in the outcome.

Franck MIKULECZ

Is there a standard tag within a message or a standar message that i can
use to place an existing FX order on hold? I need to be able to modify
the status of an order (place it on hold and then later on release it
back onto the FX market)

Thanks and Regards

Ainhoa

4

[ original email was from Rikard Hedberg - rikard.hedberg@omxgroup.com ]
I would say there is also the option of using ExecInst (18) = “S” (Suspend). In our current non-FIX API orders can be entered as “suspended” and also be automatically set to this state in the case a connection loss occurs. The “S” value needs to be removed through an Order Cancel Replace Request to release the order. Naturally the “S” value cannot have another meaning in your environment if you are to consider it.

Regards

Rikard

Hi Ainhoa, You could modify the order with tag 168 “EffectiveTime” and
give it an arbitrary future value. I am not aware of a tag that would
turn on-off the order not “active” status. Let’s see if you get other
suggestions, I am interested in the outcome.

Franck MIKULECZ

Is there a standard tag within a message or a standar message that i
can use to place an existing FX order on hold? I need to be able to
modify the status of an order (place it on hold and then later on
release it back onto the FX market)

Thanks and Regards

Ainhoa

5

[ original email was from Ainhoa Dewisme - ainhoa.dewisme@reuters.com ]
Thank you, just to confirm is it your understanding that OrderCancelReplaceRequest could be used to modify the ExecInst to ‘Suspend’?

Thanks and Regards

Ainhoa

6

[ original email was from Rikard Hedberg - rikard.hedberg@omxgroup.com ]
Yes it is.

Regards

Rikard

Thank you, just to confirm is it your understanding that
OrderCancelReplaceRequest could be used to modify the ExecInst to
‘Suspend’?

Thanks and Regards

Ainhoa