Unsolicited Quote Cancellations

The purpose of this test is to verify that the client system can receive and process an unsolicited Quote Cancellations (disconnect, terminate, and GCC initiated)

Pre-Registered or On-Demand Format

Note: This test is used for both Pre-Registered and On-Demand formats. The image below 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 an Unsolicited Quote Cancellations test:
  1. Select a SenderComp from the drop-down and select ASSIGN if a SenderComp is not already assigned.
  2. Click the "START TEST" button.

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

  1. Over an iLink connection, submit a two-sided Mass Quote with at least 2 quotes from the same instrument group.
  2. Select Yes or No to indicate whether your system received and processed the Mass Quote Acknowledgment.
  3. A hard disconnect is simulated to prompt an unsolicited Quote Cancellation.
  4. Select Yes or No to indicate whether your system reconnected to the FIXP session successfully.
  1. Upon connection, send Retransmit Request and receive and process any resent messages
  1. Submit a two-sided Mass Quote with at least 2 quotes from the same instrument group.
  2. Select Yes or No to indicate whether your system received and processed the Mass Quote Acknowledgment.
  3. Submit a Terminate message. Termination is performed to prompt quote cancellations.
  4. Select Yes or No to indicate whether your system received and processed the Terminate message.
  5. Select Yes or No to indicate whether your system reconnected the FIXP session successfully (receive and process any appropriate messages).
  6. Submit a two-sided Mass Quote with at least 2 quotes from the same instrument group.
  7. Select Yes or No to indicate whether your system received and processed the Quote Acknowledgment message.