public bool IsValid(out string message)
{
message = string.Empty;
StringBuilder output = new StringBuilder(255);
bool valid = true;
// validate duration for asset type
switch (AssetType)
{
case AssetType.OP:
if (Duration.Code != DurationCode.DAY && Duration.Code != DurationCode.GTC && Duration.Code != DurationCode.GTD &&
Duration.Code != DurationCode.IOC && Duration.Code != DurationCode.FOK && Duration.Code != DurationCode.OPG)
{
output.Append(string.Format("Invalid Duration for AssetType {0}: {1}.{2}", AssetType.ToString(), Duration, Environment.NewLine));
valid = false;
}
break;
case AssetType.FX:
if (Duration.Code != DurationCode.DAY && Duration.Code != DurationCode.GTC && Duration.Code != DurationCode.GTD &&
Duration.Code != DurationCode.IOC && Duration.Code != DurationCode.FOK && Duration.Code != DurationCode.OneMinute &&
Duration.Code != DurationCode.ThreeMinute && Duration.Code != DurationCode.FiveMinute)
{
output.Append(string.Format("Invalid Duration for AssetType {0}: {1}.{2}", AssetType.ToString(), Duration, Environment.NewLine));
valid = false;
}
break;
case AssetType.FU:
if (Duration.Code != DurationCode.DAY && Duration.Code != DurationCode.GTC && Duration.Code != DurationCode.GTD &&
Duration.Code != DurationCode.IOC && Duration.Code != DurationCode.FOK)
{
output.Append(string.Format("Invalid Duration for AssetType {0}: {1}.{2}", AssetType.ToString(), Duration, Environment.NewLine));
valid = false;
}
break;
}
// validate date
if (GTDDate > DateTime.MinValue)
{
if (GTDDate < DateTime.Now)
{
output.Append("GTDDate must be in the future" + Environment.NewLine);
valid = false;
}
}
else if (Duration.Code == DurationCode.GTD)
{
output.Append("GTDDate required for GTD orders." + Environment.NewLine);
valid = false;
}
// valididate limit price: required for limit and stop limit orders
if ((OrderType == OrderType.Limit || OrderType == OrderType.StopLimit) && LimitPrice <= 0)
{
output.Append("Limit price must be greater than 0." + Environment.NewLine);
valid = false;
}
// validate quantity
if (Quantity <= 0)
{
output.AppendFormat("Invalid Quantity of {0}.{1}", Quantity, Environment.NewLine);
valid = false;
}
// TODO: could validate route but bypassing for now since this is not required
// validate stop price: must be included for stop orders.
if ((OrderType == OrderType.StopLimit || OrderType == OrderType.StopMarket) && StopPrice <= 0)
{
output.Append("StopPrice is required for Stop orders." + Environment.NewLine);
valid = false;
}
// verify valid trade action for asset class
string errorMessage = string.Format("{0} is an invalid TradeAction for AssetType {1}.{2}", TradeAction.ToString(), AssetType, Environment.NewLine);
switch (TradeAction)
{
case TradeAction.Buy:
case TradeAction.Sell:
if (AssetType == AssetType.OP)
{
output.Append(errorMessage);
valid = false;
}
break;
case TradeAction.BuyToCover:
case TradeAction.SellShort:
if (AssetType != AssetType.EQ)
{
output.Append(errorMessage);
valid = false;
}
break;
case TradeAction.BuyToOpen:
case TradeAction.BuyToClose:
case TradeAction.SellToOpen:
case TradeAction.SellToClose:
if (AssetType != AssetType.OP)
{
output.Append(errorMessage);
valid = false;
}
break;
}
if (!valid)
{
message = output.ToString();
}
return(valid);
}
