Imported from previous forum
[ original email was from Jay Amin - jay.amin@dresdnerkb.com ]
If I wish to request a quote on a futures/options strategy (i.e. spreads, combos) I presume I would use a repeating group within the Quote Request Message.
- Is each group a single quote entity or is the message treated as a whole unit and therefore a single quote request
- If a single quote request, how can I identify a particular strategy type i.e. spread, straddle, butterfly etc. Would I not need this for validation purposes ?
- Would the response be a Quote message or a Mass Quote message ?
However the Quote message does not have a repeating group for security info. But I presume the quote price/size is for the whole strategy and not for the individual series.
The Mass Quote message has a repeating group, but the quote is on each group, so I presume it’s the price for that leg ?