Reject CashOrderQty message

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Imported from previous forum

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[ original email was from Mark Hinman - mhinman@easetech.com ]
If an order is received with a CashOrderQty instead of an OrderQty, and the broker chooses to rejected the order. The exec report message requires OrderQty. Should the broker be forces to convert the CashOrderQty to OrderQty or should the CashOrderQty be copied to OrderQty directly. I believe the latter is the correct approuch, especially considering the reason might be unknown symbol.

Mark Hinman

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[ original email was from Danny Shobrook - dzshobrook@dial.pipex.com ]
> If an order is received with a CashOrderQty instead of an OrderQty, and the broker chooses to rejected the order. The exec report message requires OrderQty. Should the broker be forces to convert the CashOrderQty to OrderQty or should the CashOrderQty be copied to OrderQty directly. I believe the latter is the correct approuch, especially considering the reason might be unknown symbol.

I would put order quantity to zero and send the cash order quantity as well, esp. if the reason is exceeding limit.

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[ original email was from Mark Hinman - mhinman@easetech.com ]
CashOrderQty is only in the NewOrderSingle and OrderModifyRequest message and not in the ExecReports message.

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> I would put order quantity to zero and send the cash order quantity as well, esp. if the reason is exceeding limit.
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