Trading for LPs and Masters
This page describes the potential scenarios of submitting Maker orders
Last updated
This page describes the potential scenarios of submitting Maker orders
Last updated
| Msg Num | Message | ExecType<150> | OrdStatus<39> | OrderQty<38> | LeavesQty<151> | Description |
|---|---|---|---|---|---|---|
| Msg Num | Message | ExecType<150> | OrdStatus<39> | OrderQty<38> | LeavesQty<151> | Description |
|---|---|---|---|---|---|---|
Pay close attention to Message #5 Replacing a partially filled order the size of a newly replaced order will be less than the specified size by the filled amount (e.g., the size of an initial order was 10; then the order was partially filled and the remaining size was 8; when a user replaces this order, a new size must be 12 if a user wants to have 10 in the order book).
Previously Finery Markets sent 2 messages, now only 1 with a cancelation notification and an error code (Message #4)
If the order has been fully utilized by a Taker, you can no longer modify it
| Msg Num | Message | ExecType<150> | OrdStatus<39> | OrderQty<38> | LeavesQty<151> | Description |
|---|---|---|---|---|---|---|
| Msg Num | Message | ExecType<150> | OrdStatus<39> | OrderQty<38> | LeavesQty<151> | Description |
|---|---|---|---|---|---|---|
| Msg Num | Message | ExecType<150> | OrdStatus<39> | OrderQty<38> | LeavesQty<151> | Description |
|---|---|---|---|---|---|---|
| Msg Num | Message | ExecType<150> | OrdStatus<39> | OrderQty<38> | LeavesQty<151> | Description |
|---|---|---|---|---|---|---|
| Msg Num | Message | Description |
|---|---|---|
| Msg Num | Message | ExecType<150> | OrdStatus<39> | OrderQty<38> | LeavesQty<151> | Description |
|---|---|---|---|---|---|---|
| Msg Num | Message | ExecType<150> | OrdStatus<39> | OrderQty<38> | LeavesQty<151> | Description |
|---|---|---|---|---|---|---|
1
NewOrderSingle<D>
-
-
0.1
-
LP sends an order
2
ExecutionReport<8>
0(New)
0(New)
0.1
0.1
Order accepted
1
NewOrderSingle<D>
-
-
0.1
-
LP sends an order
2
ExecutionReport<8>
8(Rejected)
8(Rejected)
0.1
0
Order rejected with the reason, provided in the Text<58>
1
NewOrderSingle<D>
-
-
0.1
-
LP sends an order
2
ExecutionReport<8>
0(New)
0(New)
0.1
0.1
Order accepted
3
OrderCancelRequest<F>
-
-
-
-
LP cancels the order
4
ExecutionReport<8>
4(Cancel)
4(Cancelled)
0.1
0.1
Order cancelled and no longer exists in the order book
1
OrderCancelRequest<F>
LP tries to cancel non-existing order
2
OrderCancelReject
<9>
Rejected with an FM error code in Text<58>
1
NewOrderSingle<D>
-
-
0.1
-
LP sends an order
2
ExecutionReport<8>
0(New)
0(New)
0.1
0.1
Order accepted
3
OrderCancel/ReplaceRequest<G>
-
-
0.1
-
LP requests to replace the order
4
ExecutionReport<8>
5(Replace)
0(New)
0.1
0.1
Order replaced, new order created, new OrderID<37> assigned
1
NewOrderSingle<D>
-
-
0.2
-
LP sends an order
2
ExecutionReport<8>
0(New)
0(New)
0.2
0.2
Order accepted
3
ExecutionReport<8>
F(Trade)
1(Partially filled)
0.2
0.1
Trade happened, the order is partially filled
4
OrderCancel/ReplaceRequest<G>
-
-
0.2
-
LP requests to replace the order
5
ExecutionReport<8>
5(Replace)
0(New)
0.1
0.1
Order replaced, new order created, new OrderID<37> assigned
1
NewOrderSingle<D>
-
-
0.2
-
LP sends an order
2
ExecutionReport<8>
0(New)
0(New)
0.2
0.2
Order accepted
3
OrderCancel/ReplaceRequest<G>
-
-
0.2
-
LP requests to replace the order
4
ExecutionReport<8>
5(Replace)
4(Cancelled)
0.2
0.2
Order cancelled, but the new order was not created, FM error code in Text<58>
1
OrderCancel/ReplaceRequest<G>
LP tries to replace a non-existing order
2
OrderCancelReject
<9>
Reject, FM error code in Text<58>
1
NewOrderSingle<D>
-
-
0.2
-
LP sends an order
2
ExecutionReport<8>
0(New)
0(New)
0.2
0.2
Order accepted
3
ExecutionReport<8>
F(Trade)
1(Partially filled)
0.2
0.1
Trade happened, the order is partially filled
1
NewOrderSingle<D>
-
-
0.2
-
LP sends an order
2
ExecutionReport<8>
0(New)
0(New)
0.2
0.2
Order accepted
3
ExecutionReport<8>
F(Trade)
2(Filled)
0.2
0
Trade happened, the order is filled and no longer exists in the order book