FIX Protocol Message Types - Quant Trader Interview Question
Difficulty: Medium
Category: Market Microstructure
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Topics: FIX Protocol, Order Entry, Execution Report, Market Data
Problem Description
A trader wants to submit a new order and monitor its execution status via the FIX protocol. According to the FIX protocol, what are the correct message types for submitting a new order and receiving an execution report, respectively? (New Order Single = D, Execution Report = 8)
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