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Decoding OrderID from Broker #23

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ghost opened this issue Oct 6, 2021 · 1 comment
Open

Decoding OrderID from Broker #23

ghost opened this issue Oct 6, 2021 · 1 comment

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@ghost
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ghost commented Oct 6, 2021

I'm not a coder but have spent about 3 full months trying to decode a simple set of 9 digit order IDs received from my broker...the numbers appear to be ascending sequentially overall but then will intermittently jump way back (looks to me like "phantom orders"). As an example:
298148174
298250743
298148617
298451929
298075919
298300701
298258876

Is there anyway on God's green earth to glean any information from these order IDs or otherwise understand them? It's driving me insane....I'd be more than willing to compensate for any help

@TimelordUK
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TimelordUK commented Oct 11, 2021

are you implying there is coded information in these IDs such as date for example - can it not be the case there is no such information and the IDs are just generated by the brokers trading platform. I cannot easily see given such cryptic summary how one could reverse engineer these Ids.

I can see why you would not necessarily receive IDs in sequence - for example it may be the case they make a decision to either hedge a trade via their own market connections or fill trade as a house fill. If two distinct systems handle this flow they may have orderIds out of sequence.

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