Topic: SolicitedFlag and UnsolicitedIndicator
(2 messages, Page 1 of 1)
Joined: Oct 15, 2007
1) What is the difference between SolicitedFlag and UnsolicitedIndicator?
2) Should we assume that any ExecutionReports with UnsolicitedIndicator=Y is a external new order or a external order modification? (external = not from this FIX session)
According to https://gainfutures.com/GFAPI/?topic=html/6b617d6f-41e5-4df7-b776-f92fb258b190.htm, we offer both 325 and 377 in Execution Report.
UnsolicitedIndicator - https://fiximate.fixtrading.org/legacy/en/FIX.4.4/tag325.html
Y = Message is being sent unsolicited
N = Message is being sent as a result of a prior request
SolicitedFlag - https://fiximate.fixtrading.org/legacy/en/FIX.4.4/tag377.html
Y = Was solicited
N = Was not solicited
Example of an unsolicited order if we were to liquidate a position from our side: