Have you ever had to search through a text based FIX log file to try and find all the FIX messages associated with a particular order? If you have you will understand the frustration that this can cause. There is no single identifier that links all the FIX messages for a particular order.
Often when looking through a log file, you can search for a ClOrdID, this will give you the New Order…
So you’ve just received a new version of your OMS and want to make sure that your FIX functionality isn’t negatively impacted by the new release. Typically the new release will go to your testing team who will be responsible for ensuring that no functionality has regressed. The key in this phase of the project is identifying major problems as early as possible so they can be sent back to t…