FOK Order

The purpose of this test is to verify that the client system can perform the following for an outright instrument:

• submit an FOK (Fill or Kill) order
• receive and process the acknowledgment and fill messages

Pre-Registered and On-Demand Format

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

 

1. To run an FOK test:

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.

4. Submit a Limit FOK Order for the instrument.
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 - Elimination.
7. Submit a Limit FOK Order for the instrument with a quantity greater than 10.
8. Select Yes or No to indicate whether your system received and processed the Execution Report - New Order.
9. Select Yes or No to indicate whether your system received and processed the Execution Report - Trade Outright.