User Help System
Default Cross Order Submission for C-Cross On-Demand Format
The purpose of this test is to verify that the client system can submit a Request for Cross (Default Cross Type C-Cross) message and process all Acknowledgements and Fills according to the Committed Cross (C-Cross) approach (no preceding RFQ).
This test case is mandatory if customer selected Yes in interview question Will your system support Default C-Cross Order functionality?
- To run the test
- On the Test Case tab, use the Instrument(s) drop down menu to choose an instrument and channel and click SELECT.
- Select START TEST.
Note: Do not select START TEST while a test is running unless instructed to do so. Restarting a test deletes the current test results.
- Submit a Request For Cross (RequestForCross566) and CrossType Tag 549=3 with a quantity greater than 10 on each side.
- Select Yes or No to confirm that your system can receive and process an Execution Report - New Order for the buy side.
- Select Yes or No to confirm that your system can receive and process an Execution Report - New Order for the sell side.
- Select Yes or No to confirm that your system can receive and process an Execution Report - Trade Outright for the buy side.
- Select Yes or No to confirm that your system can receive and process an Execution Report - Trade Outright for the sell side.
