FIX mass cancel of orders base on criteria

Question

I'm currently working with FIX5.0 and need to do a mass cancel of all orders for a certain account. When we send a NewSingleOrder we also specify Account (Tag=1), and each order may or may not have the same account. It could be 1000's of orders on just about 50-100 accounts.

What we like to do is send a mass cancel request for a certain account, and orders for that account should all be canceled. How can this be done using the FIX5.0 environment. I know it can be done with OrderStatus usually by exchange where we input the ClOrdId as "*" as part of the request, but i am not sure about canceling orders.

Answer 1

This is not a FIX protocol question, but a counterparty question. You need to ask them if they support this, and what the message to trigger this should look like. They may have documentation that you should be reading.