Modify Quote Price and Quantity for Pre-Registered / On-Demand Format

The purpose of this test is to verify that the client system can modify the price and quantity for quote entries, including zero-out cancellation.

  • 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.

Referential information is included for messages sent / received during the test.

  • To run the Modify Quote Price and Quantity test:

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 iLink connection, submit a two-sided Mass Quote (35=i) with at least 2 quotes from the same instrument group.
  2. Receive and process Mass Quote Acknowledgment (35=b, 297=0,5).
  3. Submit a two-sided Mass Quote (35=i) with one of the same quotes used in the original Mass Quote (using the same security description [(→309-UnderlyingSecurityID) and quote entry ID (→299-QuoteEntryID)], modifying the price (→132-BidPx / →133-OfferPx) and quantity (→134-BidSize /→135-OfferSize) of a quote.
  4. Receive and process a Quote Acknowledgement (35=b, 297=0,5) message.