GCF Production Technical Information - Clarification of OrderKey field description in the TIP 2.3 specification


In quotation markets it is possible to enter two-sided quotes in one single entry. This two-sided quotation entry in Genium INET generates two separate OMNet quote messages, one bid side and one ask side, where both sides share the same order-key. Consequently this is transparently disseminated in the TIP OrderMBO (MBo) messages.

If there is a need to uniquely identify each side of a two-sided quote, the OrderKey (l) field together with BuyOrSell (Bs) field and the orderbook id should be used. 

 

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