iLink 3 Order Cancel Replace - Tag Value Modification

The following table lists the tag values that client systems may modify and how order priority changes.

Tag

Modification

Effect on Resting Order

Returned Message

Priority Impact

Tag

Modification

Effect on Resting Order

Returned Message

Priority Impact

tag 1693-PartyDetailRole=24 (customer account)

Change account

Updated

Execution Report - Modify (35=8, 39=5)

Lost

tag 11-ClOrdId

Change client order identifier

Updated

Execution Report - Modify (35=8, 39=5)

Maintained

tag 38-OrderQty

Increase order size

Updated

Execution Report - Modify (35=8, 39=5)

Lost

tag 38-OrderQty

Decrease order size

Updated

Execution Report - Modify (35=8, 39=5)

Maintained

tag 1031-CustOrderHandlingInst

Change customer handling information

Updated

Execution Report - Modify (35=8, 39=5)

Maintained

tag 40-OrdType

Change order type

Updated

Execution Report - Modify (35=8, 39=5)

Lost

tag 44-Price

Increase price

Updated

Execution Report - Modify (35=8, 39=5)

Lost

tag 44-Price

Decrease price

Updated

Execution Report - Modify (35=8, 39=5)

Lost

tag 54-Side

Change order side

None

Order Cancel Reject (35=9)

N/A

tag 59-TimeInForce

Change duration of order

Updated

Execution Report - Modify (35=8, 39=5)

Maintained

tag 5392-SenderID

Change Sender ID

Updates

Execution Report - Modify (35=8, 39=5)

Maintained

tag 1028-ManualOrderIndicator

Change ATS indicator

Updated

Execution Report - Modify (35=8, 39=5)

Maintained

tag 1693-PartyDetailRole=1000 (take up account)

tag 1693-PartyDetailRole=96 (take up firm)

tag 9708-AllocAccount

Change Give Up instructions

Updated

Execution Report - Modify (35=8, 39=5)

Maintained

tag 40-OrdType

tag 99-StopPx

Add stop trigger price

Updated

Execution Report - Modify (35=8, 39=5)

Lost

tag 48-SecuirtyID

Change external instrument name

None

Order Cancel Reject (35=9)

N/A

tag 59-TimeInForce

tag 110=MinQty

Add minimum fill quantity – FOK and FAK

Updated

Execution Report - Modify (35=8, 39=5)

Lost

tag 1816-ClearingAccountType

Change customer or firm flag

Updated

Execution Report - Modify (35=8, 39=5)

Maintained

tag 1138-DisplayQty

Change/add display quantity

Updated

Execution Report - Modify (35=8, 39=5)

Maintained

tag 59-TimeInForce

tag 432-ExpireDate

Change/add expiry date (GTD) to order

Updated

Execution Report - Modify (35=8, 39=5)

Maintained

tag 2362-SelfMatchPreventionID

Change/add SMP ID

Updated

Execution Report - Modify (35=8, 39=5)

Maintained

tag 8000-SelfMatchPreventionInstruction

Change/add SMP Instructions

Updated

Execution Report - Modify (35=8, 39=5)

Maintained

tag 582-CustOrderCapacity

Change CTI Code

Updated

Execution Report - Modify (35=8, 39=5)

Maintained

tag 9768-OFMOverride

In-Flight Mitigation

Updated

The resting order is updated only for first Order Cancel Replace Request. Tag 9768 is ignored for all subsequent Order Cancel Replace Requests.



Execution Report - Modify (35=8, 39=5)

Tag 9768 is not returned.



N/A




How was your Client Systems Wiki Experience? Submit Feedback

Copyright © 2024 CME Group Inc. All rights reserved.