FAS Limit Order

The purpose of this test is to verify that the client system can perform the following for an outright instrument:

  • submit and cancel an FAS order
  • receive and process the Acknowledgment and Fill messages

Pre-Registered or On-Demand Format

Note: This test is used for both Pre-Registered and On-Demand formats. The below image shows the Pre-Registered format version of the test.

Note: If a test is not proceeding to the next step, selecting the Refresh button ( ) below the test steps may resolve the issue.

  1. To run a FAS Limit Order test:
  1. Select a SenderComp from the drop-down and select ASSIGN if a SenderComp is not already assigned.
  2. From the Contracts drop-down, select the desired contract if the contract is not already locked.
  3. Select the START TEST button.

Note: DO NOT select the START TEST button once the test is in progress.

  1. Over an iLink connection, submit a FAS Limit Order message with a quantity greater than 1000.
  2. Select Yes or No to indicate whether your system received and processed the Execution Report - New Order message.
  3. Select Yes or No to indicate whether your system received and processed the Execution Report - Trade Outright message.
  4. Submit an Order Cancel Request message for the remaining quantity left on the original order submitted.
  5. Select Yes or No to indicate whether your system received and processed the Execution Report - Cancel message.
  1. Submit a FAS Limit Order message with a quantity greater than 1000.
  2. Select Yes or No to indicate whether your system received and processed the Execution Report - New Order message.
  3. Select Yes or No to indicate whether your system received and processed the Execution Report - Cancel.

Note: The steps below are only used for Limit Passive orders.

  1. Over an iLink connection, submit FAS passive Order with a quantity greater than 1000.
  2. Select Yes or No to indicate whether your system received and processed the Execution Report - New Order message.
  3. Select Yes or No to indicate whether your system received and processed the Execution Report - Trade Outright message.