The Lab

Expand all   Collapse all

Versions Compared

Old Version 10

changes.mady.by.user Renghanath Natarajan

Saved on

compared with

New Version 11

changes.mady.by.user Sadat Tafader

Saved on

Key

  • This line was added.
  • This line was removed.
  • Formatting was changed.
Comment: Published by Scroll Versions from this space and version 1.5.55

...

Warning
titleMandatory Change

Background

ExecutionAcknowledgement/ 35=BN is commonly supported by most ECNs to ACK or NACK a client's ExecutionReport and .It is considered the end of the order life cycle in the maker workflow, where Whisperer clients are the market makers.

However, Integral is an anomaly and does not send an ExecutionAcknowledgement to notify the client that their ExecutionReport is Accepted or Rejected.

To normalise the order lifecycle in the maker workflow, MarketFactory will introduce a synthetic ExecutionAcknowledgement in the maker gateways, if where the venue API does not support the message.

Affected Venues

Change

In order to To address a normalisation gap in the maker workflow order lifecycle, MarketFactory will introduce a synthetic synthetic ExecutionAcknowledgement, in the absence of a venue ACK in response to our client's ExecutionReport.

Timeline

  • - UAT - MarketFactory will introduce the synthetic ExecutionAcknowledgement for clients to test the affected venues in UAT.
  • - PROD - Whisperer release 2025.08.XX.WE to expose the synthetic ExecutionAcknowledgement change in PROD.

...