Committed Cross (C-Cross) Order Submission

The purpose of this test is to verify that the client system can submit a New Order Cross message and process all acknowledgments and fills according to the Committed Cross (C-Cross) approach (no preceding RFQ).

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.

 

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 Committed Cross (C-Cross) Order Submission test:
  1. Select a SenderComp from the drop-down and select ASSIGN if a SenderComp is not already assigned.
  2. Select the START TEST button.

Note: DO NOT select the START TEST button once the test process is in progress.

  1. Submit a New Order Cross message with a quantity greater than 10 on each side.
  2. Select Yes or No to indicate whether your system received and processed the Execution Report - New Order for buy side.
  3. Select Yes or No to indicate whether your system received and processed the Execution Report - New Order for sell side.
  4. Select Yes or No to indicate whether your system received and processed the Execution Report - Trade Outright.
  5. Select Yes or No to indicate whether your system received and processed the Execution Report - Trade Outright.