FX Spot Plus FOK (Fill-Or-Kill) Order Test for Pre-Registration Format

FX Spot Plus does not support the (FOK) Fill-Or-Kill order qualifier. The purpose of this test is to ensure customers know how to adjust a FAK (Fill-and-Kill) order to simulate FOK behavior.

This test case is mandatory if you selected Yes in the interview question Will your system support FOK Order?

 

  • To run the test
  1. On the Test Case tab, use the Instrument(s) drop down menu to choose an instrument and channel and click SELECT.
  2. Select START TEST.
  3. Submit a Limit FAK Order with a quantity of 1 Million and set MinQty the same as OrderQty.
  4. Select Yes or No to indicate whether your system received and processed the Execution Report - New Order (35=8,39=0) message.
  5. Select Yes or No to indicate whether your system received and processed an Execution Report - Elimination (35=8,39=C) message for eliminating the remaining quantity after the market close.
  6. Submit a Limit FAK Order with a quantity of 1 Million and set MinQty the same as OrderQty.
  7. Select Yes or No to indicate whether your system received and processed the Execution Report - New Order (35=8,39=0) message.
  8. Select Yes or No to indicate whether your system received and processed the Execution Report - Trade Outright (35=8,39=1, 2) message.