Appendix D: Order State Change Matrices

D18 – Telephoned order

Time Message Received (ClOrdID, OrigClOrdID) Message Sent (ClOrdID, OrigClOrdID) Exec Type OrdStatus Exec Trans Type Order Qty Cum Qty Leaves Qty Last Shares Comment
1 Order for 10000 shares phoned to broker
2 Execution New New New 10000 0 0 0 Confirm that the broker has accepted the order – note that broker does not need to capture a ClOrdID
3 Execution Partial Fill Partially Filled New 10000 2000 8000 2000 Execution of 2000
4 Execution Partial Fill Partially Filled New 10000 3000 7000 1000 Execution of 1000
5 Execution Fill Filled New 10000 10000 0 7000 Execution of 7000

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