Cancel on Behalf (COB) using Order Cancel Request

The following instructions illustrate the process to run and complete Cancel on Behalf (COB) using Order Cancel Request tests.

  • To select the test:
  1. Select a SenderComp from the drop-down and select ASSIGN if not already assigned.
  1. From the Test Suite tab, select the linked test.
  2. Use the Instrument(s) drop down menu to choose an instrument and channel and click SELECT.

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

  • To run the Cancel on Behalf (COB) using Order Cancel Request for Pre-Registered / On-Demand Format:

The purpose of this test is to verify the client system can submit Cancel on Behalf using Order Cancel Request message.

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 be submitting the cancel requests.

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

  1. Over an Original Sendercomp (Not the selected On-Behalf SenderComp), submit a Day Limit Order [35=D (tag 40-OrdType=2, tag 59-TimeInForce=0)] message.

Receive and process Execution Report - New Order (35=8, 39=0) message.

  1. Over the selected On-Behalf Sendercomp, submit an Order Cancel Request (35=F) to cancel the order in Step 1.
  2. Over the selected On-Behalf Sendercomp, receive and process Execution Report - Cancel (35=8, 39=4) message.
  3. Over the Original Sendercomp, receive and process Execution Report - Cancel message (35=8, 39=4).