Book Management Messages - Market by Order (MBO)

The purpose of this test is to verify that your application can properly receive and process book management information market by order book.

• To run the book management messages - market by order test:

1. On the Test Case panel, select an Instrument - channel, then Select ().

The screen updates to include connection information and a template file to use for the test.

2. Select START TEST ().

3. Confirm books are empty for selected instrument(s).

Select a response to the prompt (yes/no) to validate the book is empty/cleared.

4. A set of orders for the instrument is received.

5. Cancellations for the orders is received.

6. For each order, confirm the price (tag 270-MDEntryPx) and quantity (tag 271-MDEntrySize) by its priority in the book.

See also: MDP 3.0 - Market by Order - Book Management.