|
4.2 Changes
< Previous Next >
CashOrderQty vs. OrderQty
Roseate L. Wagner / Merrill Lynch 3 Oct 2005 2:37PM ETHi,
The 4.2 spec for tag152-CashOrderQty indicates
'Broker is responsible for converting and calculating OrderQty in shares for subsequent messages.'
Does that imply that the orderqty shall only be converted at the beginning of the trading of the order? Or can the broker re-adjust the ordertqy base on the market price through the course of the order, esp for a GT cash base orders?
Thanks,
Roseate
CashOrderQty vs. OrderQty Roseate L. Wagner / Merrill Lynch 3 Oct 2005 2:37PM ET
|