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The Mass Quote (i) message can contain quotes for multiple securities to support applications that allow for the mass quoting of an option series.Two levels of repeating groups have been provided to minimize the amount of data required to submit a set of quotes for a class of options (e.g. A Quote Set specifies the first level of repeating tags for the Mass Quote (i) message.However, the overall approach to fragmentation is to permit each Mass Quote (i) message to be processed in a stateless manner as it is received.
Also, a continued message should not require any information from the previous message.Maximum message size for fragmentation purposes can be determined by using the optional Max Message Size (383) field in the Logon (A) message or by mutual agreement between counterparties.It is possible the number of Quote Entries for a Quote Set (option class) could exceed one\s physical or practical message size.It may be necessary to fragment a message across multiple Quote (S) messages.
The Tot Quote Entries (304) is provided to optionally indicate to the counterparty the total number of Quote Entries for a Quote Set in multiple quote messages.This permits, but does not require, a receiving application to react in a stateful manner where it can determine if it has received all quotes for a Quote Set before carrying out some action.