User Help System

 

 

Cancel on Behalf using Quote Cancellation by Instrument Group Level without Mass Quote Block

The purpose of this test is to verify that the client system can submit and process Cancel on Behalf using Mass Quote Cancellations at Instrument Group level without Mass Quote Block.

For the purposes of this test, the definition of an Original SenderComp represents the iLink session whose orders or Mass Quotes will be canceled. The definition of On-Behalf SenderComp is the iLink session that will submit the cancel requests.

  • To access the Cancel on Behalf - Quote Cancellation by Instrument Group Level without Mass Quote Block test:
  1. Select a SenderComp from the drop-down and select ASSIGN if an Instrument is not already assigned.
  2. From the Instrument(s) drop-down, Select the desired instrument if it is not already locked.

Test cases also require configuration of client system sessions using Category, IP and Port information provided on the AutoCert+ test screens.

  1. Select the START TEST button.

Note: DO NOT select the START TEST button once the test is in progress. If a test is not proceeding to the next step, selecting the Refresh button () below the test steps may resolve the issue.

Pre-Registered or On-Demand Format

This test is used for both Pre-Registered and On-Demand formats. The below instructions show the Pre-Registered format.

  1. To run a Cancel on Behalf - Quote Cancellation by Instrument Group Level without Mass Quote Block test:
  1. Over an Original SenderComp (Not the selected On-Behalf SenderComp), submit a Mass Quote (35=i).
  2. Receive and process a Mass Quote Acknowledgement (35=b, 297=0).

Select (Yes or No) to indicate whether the Mass Quote Acknowledgement message was processed.

  1. Over the selected On-Behalf SenderComp, submit a Quote Cancel message without Mass Quote Block for the instrument group used in step 1.
  2. Over the selected On-Behalf SenderComp, receive and process the Quote Cancel Acknowledgement.
  3. Over the Original SenderComp, receive and process the Quote Cancel Acknowledgement (35=b, 297=3).

Select (Yes or No) to indicate whether the Quote Cancel Acknowledgement (35=b, 297=3) message was processed.

 





CME Group is the world's leading and most diverse derivatives marketplace. The company is comprised of four Designated Contract Markets (DCMs). Further information on each exchange's rules and product listings can be found by clicking on the links to CME, CBOT, NYMEX, COMEX

© 2023 CME Group Inc. All rights reserved. About CME Disclaimer Privacy Policy