Response or Acknowledgement message for an Order

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1

Imported from previous forum

2

Hello,
Im looking for a suitable message for the response or receipt of the Order.

For the Order request,“NewOrderSingle” seems to be the right choice.
But for Order response,I havent found anything suitable.

Could you suggest something?

3

You should use “ExecutionReport”

4

You should use “ExecutionReport”

Thanks for the reponse.
I should have been clearer in my first question.
“Execution Report” contains most of the information for an new order
The message im looking for is more like something that would contain fields suitable for indicating the Status of the Order or a confirmation of the Order creation.
After spending bit more time looking at the available messages,“OrderStatusRequest” seems like a good match.I will probably look into it.

Thanks anyway.

5

as with all protocols the use of the protocoll elements has to be agreed with the partner application.

ExecutionReport (New) is the “defact standard response” after receipt of an NewOrderSingle (e.g. used by Swiss Exchange)

The support of orderStatusRequest cannot be guaranteed

You should use “ExecutionReport”

Thanks for the reponse.
I should have been clearer in my first question.
“Execution Report” contains most of the information for an new order
The message im looking for is more like something that would contain fields suitable for indicating the Status of the Order or a confirmation of the Order creation.
After spending bit more time looking at the available messages,“OrderStatusRequest” seems like a good match.I will probably look into it.

Thanks anyway.

6

Thanks for the reply.
Is there some documentation which says which gives a brief description of what each message in meant to be used for?

Help much appreciated.

Thanks
Jayashree

as with all protocols the use of the protocoll elements has to be agreed with the partner application.

ExecutionReport (New) is the “defact standard response” after receipt of an NewOrderSingle (e.g. used by Swiss Exchange)

The support of orderStatusRequest cannot be guaranteed

You should use “ExecutionReport”

Thanks for the reponse.
I should have been clearer in my first question.
“Execution Report” contains most of the information for an new order
The message im looking for is more like something that would contain fields suitable for indicating the Status of the Order or a confirmation of the Order creation.
After spending bit more time looking at the available messages,“OrderStatusRequest” seems like a good match.I will probably look into it.

Thanks anyway.

7

I think Jerome is correct.

An ExecutionReport with OrdStatus=0(New) confirms order creation, for example. OrderStatusRequest message is used as a query mechanism for clients to request the status of the order (the actual order status is returned as an ExecutionReport).

You should use “ExecutionReport”

Thanks for the reponse.
I should have been clearer in my first question.
“Execution Report” contains most of the information for an new order
The message im looking for is more like something that would contain fields suitable for indicating the Status of the Order or a confirmation of the Order creation.
After spending bit more time looking at the available messages,“OrderStatusRequest” seems like a good match.I will probably look into it.

Thanks anyway.

8

In addition, the spec states that the status should be “A - Pending New” on in response to message.

You should use “ExecutionReport”

Thanks for the reponse.
I should have been clearer in my first question.
“Execution Report” contains most of the information for an new order
The message im looking for is more like something that would contain fields suitable for indicating the Status of the Order or a confirmation of the Order creation.
After spending bit more time looking at the available messages,“OrderStatusRequest” seems like a good match.I will probably look into it.

Thanks anyway.