| Time | Message Received (ClOrdID, OrigClOrdID) | Message Sent (ClOrdID, OrigClOrdID) | Exec Type | OrdStatus | Order Qty | Cum Qty | Leaves Qty | Last Qty | Comment |
|---|---|---|---|---|---|---|---|---|---|
| 1 | New Order(X) | 10000 | |||||||
| 2 | Execution(X) | Rejected | Rejected | 10000 | 0 | 0 | 0 | If order is rejected by sell-side (broker, exchange, ECN) | |
| 2 | Execution(X) | New | New | 10000 | 0 | 10000 | 0 | ||
| 3 | Execution(X) | Trade | Partially Filled | 10000 | 1000 | 9000 | 1000 | Execution for 1000 | |
| 4 | Replace Request(Y,X) | 10000 | Assume in this scenario that client does not wish to increase qty (e.g. client wants to amend limit price) | ||||||
| 4 | Execution (X) | Trade | Filled | 10000 | 10000 | 0 | 9000 | Execution for 9000 – the replace request message and this execution report pass each other on the connection | |
| 5 | Cancel Reject (Y,X) | Filled | CxlRejectReason = 0 (too late to cancel) |