Manage GTC/GTD Order Lifetime

The purpose of this test is to verify that the client system can submit orders and process corresponding responses for each eligible TimeInForce (GTC and GTD).

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 Manage GTC/GTD Order Lifetime test:

1. Select a SenderComp from the drop-down and select ASSIGN if a SenderComp is not already assigned.
2. Click the "START TEST" button.

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

3. Over an iLink connection, submit a Limit GTC Order for the instrument with a quantity greater than 1.
4. Select Yes or No to indicate whether your system received and processed the Party Details Definition Request Acknowledgment.
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 Party Details Definition Request Acknowledgment.
7. Select Yes or No to indicate whether your system received and processed the Execution Report - Trade Outright.
8. Submit a Limit GTD Order for the instrument with a quantity greater than 1.
9. Select Yes or No to indicate whether your system received and processed the Party Details Definition Request Acknowledgment.
10. Select Yes or No to indicate whether your system received and processed the Execution Report - New Order.
11. Select Yes or No to indicate whether your system received and processed the Party Details Definition Request Acknowledgment.
12. Select Yes or No to indicate whether your system received and processed the Execution Report - Trade Outright.