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Quantitative Finance · Glossaire

Qu'est-ce que « Mass cancel » ?

Definition 22.3 Low-Latency Software · Chapitre 22 — Pre-Trade Risk and Kill Switches

A mass cancel is a request that cancels many orders at once, all the open orders of a session, of an instrument or of a side, either as one message the venue offers (the simulator’s M message) or as a cancel for every open order sent together; the orders remain in flight, and may still fill, until each cancellation is confirmed.

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