Imported from previous forum
I have a question about Security Definition/Status messages.
Client wants to request all traded securities and then get unpdates on status of these securities.
I suppose that Security Definition and Security Status can be used to send to Client security parameters/status correspondingly.
However, what is correct request from Client?
In FIX 4.4 specification Security Definition Request message contains optional tag SubscriptionRequestType(263). If I understand description correctly, this tag can be used to subscribe for security status.
I.e. is the following sequence of events correct?
- Client send Security Definition Request with SubscriptionRequestType (263) = ‘1’ (Snapshot + Subscribe).
- Client receives Security Definition and Security Status messages in response.
- Then Client receives new Security Status messages as soon as status of security is changed.
Thank you in advance.