Cancel Replace with IFM

The purpose of this test is to verify that the client system can submit an order and then modify it several times (quantity only) with in-flight mitigation (IFM).

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.

1. To run a Cancel Replace without IFM test:

1. Over an iLink connection, submit a GFS Limit Order with a quantity greater than 100 Million.
2. Receive and process Execution Report - New Order.
3. Receive and process Execution Report - Trade Outright (Partial Fill).
4. Submit an Order Cancel-Replace Request for the instrument, increasing the quantity.
5. Receive and process an Execution Report - Modify.
6. Receive and process Execution Report - Trade Outright (PartialFill).
7. Submit an Order Cancel-Replace Request for the instrument, decreasing the quantity by 2 million.
8. Receive and process Execution Report - Trade Outright (Filled).
9. Receive and process Order Cancel Replace Reject.