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FIX Adapter System Administration

(OR) Additional FIX Session Settings: Order Routing Responses – Business Flows

Order Routing Responses - Business Flows tab

The Order Routing Responses - Business Flows tab contains options that determine which types of business events (flows) TT FIX Adapter sends to FIX clients.

Setting descriptions

The following table describes the business flow options.

Field Name

Description

Send Fill Updates

Whether to forward updated fills to the FIX client.

  • On: TT FIX Adapter sends updated fills in Execution Report (8) and Position Report (UAP) messages with Tag 20 (ExecTransType) = 2 (Trade Correction), a new value in Tag 17 (ExecID), and the fill's previous Tag 17 (ExecID) value in Tag 19 (ExecRefID).
  • Off: TT FIX Adapter sends no fill updates

Default: Disabled

Send Summary Fills

Whether to send spread and strategy summary fill information in addition to leg fills.

  • On: TT FIX Adapter sends both the strategy or spread summary fill and the leg fills for each fill received for a strategy in both Execution Report (8), and Position Report (UAP) messages.
  • Off: TT FIX Adapter sends only leg fills.

Default: Disabled

Send Orders on Reset

Sets whether TT FIX Adapter sends Execution Report (8) messages with Tag 150 (ExecType) = D for all open orders after a session reset.

  • On: After a session reset, send an Execution Report (8) message for each open order.
  • Off: After a session reset, do not send an Execution Report (8) message for each open order.

Default: Disabled

Send Price Change Restatements

Sets whether TT FIX Adapter sends restatement Execution Report (8) messages when a working order's price is changed.

Default: Enabled

Note: This option cannot be disabled for order routing FIX sessions. TT FIX Adapter sends restatement Execution Report (8) messages when a working order's price is changed.

Send Unsolicited Rejects

Whether to send order rejects to the FIX client for all orders visible to the MemberID/GroupID/TraderID that routes the orders or only for those orders that originated from TT FIX Adapter.

  • On: TT FIX Adapter sends order rejects for all orders visible to the MemberID/GroupID/TraderID, when sent by the TT Gateway. FIX Adapter will send a reject Execution Report message for unsolicited order submissions that get rejected and an Order Cancel Reject message for unsolicited order cancels, cancel/replaces, or changes that get rejected.
  • Off: TT FIX Adapter sends order rejects for only those orders that originated from TT FIX Adapter.

Default: Disabled

Send Position Reserve Orders

Whether to send Position Reserve orders to the FIX client.

  • On: TT FIX Adapter sends Position Reserve order updates, when sent by a connected Synthetic SE server.
  • Off: TT FIX Adapter does not send Position Reserve order updates sent by a connected Synthetic SE server.

Default: Enabled

Send Unsolicited Orders

Whether to send order updates to the FIX client for all orders visible to the MemberID/GroupID/TraderID that routes the orders or only for those orders that originated from TT FIX Adapter.

  • On: TT FIX Adapter sends order updates for all orders visible to the MemberID/GroupID/TraderID.
  • Off: TT FIX Adapter sends order updates for only those orders that originated from TT FIX Adapter.

Default: Disabled for persistent sessions; enabled for non-persistent sessions.

Note: For non-persistent order sessions, working orders become unsolicited orders if TT FIX Adapter restarts. If you disable this setting for a non-persistent order session, FIX clients will not receive the working orders after the restart.

Send Unsolicited Fills

Whether to send fill updates to the FIX client for all orders visible to the MemberID/GroupID/TraderID that routes the orders or only for those orders that originated from TT FIX Adapter.

  • : TT FIX Adapter sends fill updates for all fills visible to the MemberID/GroupID/TraderID.
  • Off: TT FIX Adapter sends fill updates for only those fills that originated from TT FIX Adapter.

Default: Enabled.

Note: For non-persistent order sessions, working orders become unsolicited orders if TT FIX Adapter restarts, and any corresponding fills also become unsolicited. If you disable this setting for a non-persistent order session, FIX clients will not receive fills for the working orders after the restart.

SSE Orders (Note: The following settings affect only Execution Report (8) messages.)

Staged Top Level Parent

Settings that specify which types of orders related to staged orders should receive order and fill updates in Execution Report (8) messages.

Orders

Types of orders associated with staged orders for which to send order updates to the FIX client when Send Unsolicited Orders is enabled.

  • Send All (Staged Parent, Synthetic Children, and Native Children): Currently unsupported.
  • Send Native Children Only: Sends order updates only for native child orders that originated from a staged order.
  • Send Staged Parent Only: Sends order updates only for the parent staged order.

    Note: FIX Adapter never sends order updates for position reserve orders that are children of the staged orders, even when the Send Position Reserve Orders setting is enabled.

  • Send Staged Parent and Native Children Only: Sends order updates for staged parent orders and their respective native child orders.

Default: Send Staged Parent and Native Children Only

Fills

Types of orders associated with staged orders for which to send fill updates to the FIX client.

  • Send All (Staged Parent, Synthetic Children, and Native Children): Currently unsupported.
  • Send Native Children Only: Sends fill updates only for native child orders that originated from a staged order.
  • Send Staged Parent Only: Sends fill updates only for the parent staged order.
  • Send Staged Parent and Native Children Only: Sends fill updates for staged parent orders and their respective native child orders.

Default: Send Staged Parent and Native Children Only

Synthetic Top Level Parent

Settings that specify which types of orders related to non-staged synthetic orders should receive order and fill updates in Execution Report (8) messages.

Orders

Types of orders associated with non-staged synthetic orders for which to send order updates to the FIX client when Send Unsolicited Orders is enabled.

Currently, FIX Adapter only supports sending order updates for native child orders that originated from a staged order.

Default: Send Native Children Only

Fills

Types of orders associated with non-staged synthetic orders for which to send fill updates to the FIX client.

Currently, FIX Adapter only supports sending fill updates for native child orders that originated from a staged order.

Default: Send Native Children Only