Imported from previous forum
Once a Done for day message has been received for an order, what would be the expected behaviour if some of the constituent executions included in the execution quantity in the done for day message were bust?
Would the receipt of bust executions change the state of the order from Done for day to partial or new or should the bust executions message be ignored? Is it acceptable to bust executions after a done for day message has been received and once the executions have been bust, send a second done for day message?
Are there any guidelines for this behaviour?
[ original email was from Himanshu Sharma - himanshu.sharma@schwab.com ]
I guess it depends whether the Order was completely booked or not. If not, then system should accomodate busts, after reopening the order first so that back-office operations don’t start on that order.
HTH
> Once a Done for day message has been received for an order, what would be the expected behaviour if some of the constituent executions included in the execution quantity in the done for day message were bust?
> Would the receipt of bust executions change the state of the order from Done for day to partial or new or should the bust executions message be ignored? Is it acceptable to bust executions after a done for day message has been received and once the executions have been bust, send a second done for day message?
> Are there any guidelines for this behaviour?
>