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  • QuoteIDs  - Uniqueness is verified. The following characters are not allowed: ¬~`_!*,-:=[]/#<>
  • QuoteType - various combinations of Indicative/Tradeable for Bid and/or Offer.
  • Price precision - very important for Fwds. Refer to Whisperer Enterprise - Prices and Quantities.
  • Regulatory - All regulatory regimes must be explicitly declared as in or out of scope. In scope regimes must be demonstrated to populate the required reg. fields correctly:
    • MTF - EDM/IDM - missing, wrong, correct - Client must observe and understand the Venue behaviour for each scenario. Refer to Regulatory Fields FAQ.
    • SEF
    • OFF

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Client must be able to receive acknowledgements of all fills, and possibly rejections, for all the permutations and combinations of QuoteRequest above.

Warning
titleBloomberg

In the case that the Client send Bloomberg an ExecutionReport with erroneous regulatory field values (e.g. EDM/IDM values etc), Bloomberg  will drop this message silently. No ExecutionAck will be sent.

It is the Client's responsibility to ensure that:

  • The correct regulatory values are populated
  • Appropriate mechanisms are in place to detect such 'lost fills', should they occur. A simple timer that is cleared on receipt of the ExecutionAck and raises an alert on expiry may suffice.


ESP Workflow

TODO

Taker

RFS Workflow

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