| Time |
Message Received (ClOrdID, OrigClOrdID) |
Message Sent (ClOrdID, OrigClOrdID) |
Exec Type |
OrdStatus |
Exec Trans Type |
Order Qty |
Cum Qty |
Leaves Qty |
Last Shares |
Comment |
| 1 |
New Order(X) |
|
|
|
|
10000 |
|
|
|
|
| 2 |
|
Execution(X) |
Rejected |
Rejected |
New |
10000 |
0 |
0 |
0 |
If order is rejected by broker |
| 2 |
|
Execution(X) |
New |
New |
New |
10000 |
0 |
10000 |
0 |
|
| 3 |
|
|
|
|
|
|
|
|
|
Broker verbally agrees to increase order quantity to 11000 |
| 4 |
|
Execution(X) |
Restated |
New |
New |
11000 |
0 |
0 |
0 |
Broker signifies that order has been replaced ExecRestatementReason = Verbal |
| 5 |
|
Execution(X) |
Partial Fill |
Partially Filled |
New |
11000 |
1000 |
10000 |
1000 |
Execution for 1000 |
| 6 |
|
|
|
|
|
|
|
|
|
Broker verbally agrees to increase order quantity to 12000 |
| 7 |
|
Execution(X) |
Restated |
Partially Filled |
New |
12000 |
1000 |
11000 |
0 |
Broker signifies that order has been replaced ExecRestatementReason = Verbal change |
|
This scenario might occur if the buy-side has not implemented order cancel/replace requests or alternatively there is an electronic communication problem at the point that the buy-side wishes to send a cancel replace request
Back to Appendix D: Order State Change Matrices |
