{{Quickfixn}} needs help
Mike Gatny
mgatny at connamara.com
Fri Mar 14 06:33:25 PDT 2014
Does the counterparty send you an ExecutionReport (OrdStatus=NEW) to ack
your order?
Whenever they send an ExecutionReport, you should be updating the status of
the order in the db, based on OrdStatus (tag 39).
Then your EOD or BOD process is: delete (or soft delete) all orders from
the db that are stuck in "Submitted".
Take a look at Appendix D of the FIX 4.2 spec -- great reference on state
transitions for orders.
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