| Time | Message Received (ClOrdID, OrigClOrdID) | Message Sent (ClOrdID, OrigClOrdID) | Exec Type | OrdStatus | Order Qty | Cum Qty | Leaves Qty | Last Qty | Comment | 
|---|---|---|---|---|---|---|---|---|---|
| 1 | New Order(X) | 10000 | |||||||
| 2 | Execution(X) | Rejected | Rejected | 10000 | 0 | 0 | 0 | If order is rejected by sell-side (broker, exchange, ECN) | |
| 2 | Execution(X) | New | New | 10000 | 0 | 10000 | 0 | ||
| 3 | Execution(X) | Trade | Partially Filled | 10000 | 1000 | 9000 | 1000 | Execution for 1000 | |
| 4 | Replace Request(Y,X) | 12000 | Request increase in order quantity to 12000 | ||||||
| 5 | Cancel Reject (Y,X) | Partially Filled | If request is rejected | ||||||
| 5 | Execution (Y,X) | Pending Replace | Pending Replace | 10000 | 1000 | 9000 | 0 | "Pending replace" order status takes precedence over "partially filled" order status | |
| 6 | Execution(X) | Trade | Pending Replace | 10000 | 1100 | 8900 | 100 | Execution for 100 before cancel/replace request is dealt with | |
| 7 | Cancel Reject (Y,X) | Partially Filled | If request is rejected | ||||||
| 7 | Execution (Y,X) | Replace | Partially Filled | 12000 | 1100 | 10900 | 0 | Confirm replace has been accepted | |
| 8 | Execution(Y) | Trade | Filled | 12000 | 12000 | 0 | 10900 | Execution for 10900 |