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4.2 Changes
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Re: Mass Cancel
Mahesh Kumaraguru / Polaris software labs <>
25 Nov 2005 11:33AM ETHi Chintan,
Because there is no standard FIX 4.2 message for "Mass Cancel" and due to some other architectural constraint if you cannot use FIX 4.3 and your business wants to get this "mass cancel" functionality, you can do it using one of the two approaches mentioned below ( Reference 'fix-42-with_errata_20010501_pdf' ) :-
I) Define a "Custom Message Type" : Tag 35 = U1, U2 etc. i.e. having a
"U" as the first character in the MsgType field.
II) Using "User Defined Fields" : Tag numbers 5000 to 9999 have been reserved for use with user defined fields, which are used as part of inter-firm communcation.
But this choice between "upgrading to a higher FIX version" versus using "custom message types" versus "user defined fields" is a wider debate : Read thru :-
http://www.fixprotocol.org/discuss/read/bdf97d6e
in response to
http://www.fixprotocol.org/discuss/read/bca23e05
Regards,
K. Mahesh
> Hi,
>
> Has anyone implemented "mass cancel" functionality using 4.2? I know 4.3
> has a separate msgtype to handle this.
>
> Thanks
Re: Mass Cancel
Mahesh Kumaraguru / Polaris software labs 25 Nov 2005 11:33AM ET
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