Discussion Forums

CashOrderQty vs. OrderQty
Roseate L. Wagner / Merrill Lynch
3 Oct 2005 2:37PM ET

Hi,
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


152 - CashOrderQty
Michel André / Peakon Consulting AB   28 Dec 1999 8:03AM ET
re: 152 - CashOrderQty
Scott Atwell / American Century   28 Dec 1999 8:28AM ET
CashOrderQty vs. OrderQty
Roseate L. Wagner / Merrill Lynch   3 Oct 2005 2:37PM ET
Re: CashOrderQty vs. OrderQty
John Prewett / Lava Trading   3 Oct 2005 3:47PM ET
Re: CashOrderQty vs. OrderQty
Roseate L. Wagner / Merrill Lynch   7 Oct 2005 1:35PM ET
Re: CashOrderQty vs. OrderQty
John Prewett / Lava Trading   7 Oct 2005 2:25PM ET