Manage Minimum Quantity

The purpose of this test is to verify that the client system can submit an order with Minimum Quantity used in different scenarios.

 

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.

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

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.

 

1. To run a Manage Minimum Quantity test:

1. Over an iLink connection, submit a Limit FAK Order for the instrument with a minimum quantity value.
2. Select Yes or No to indicate whether your system received and processed the Execution Report - New Order.
3. Select Yes or No to indicate whether your system received and processed the Execution Report - Elimination.
4. Submit a Limit FAK Order for the instrument with a minimum quantity value.
5. Select Yes or No to indicate whether your system received and processed the Execution Report - New Order.
6. Select Yes or No to indicate whether your system received and processed the Execution Report - Trade Outright.