| 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 | Replace Request(Y,X) | 11000 | Request to increase order qty to 11000 | ||||||
| 4 | Cancel Reject (Y,X) | New | If request is rejected by salesperson | ||||||
| 4 | Execution (Y,X) | Pending Replace | Pending Replace | 10000 | 0 | 10000 | 0 | Acknowledge the Replace request | |
| 5 | Cancel Reject (Y,X) | New | If rejected by trader/exchange | ||||||
| 5 | Execution (Y,X) | Replace | New | 11000 | 0 | 11000 | 0 | Confirm order has been replaced | |
| 6 | Execution (Y) | Trade | Partially Filled | 11000 | 1000 | 10000 | 1000 | Execution for 1000. Use Y as the new ClOrdID. | |
| 7 | Execution (Y) | Trade | Partially Filled | 11000 | 3000 | 8000 | 2000 | Execution for 2000 |