In one order entry system (A big European megabank), new orders are sent to mainframe. Upon validation, mainframe can return a message to the order entry system.
If the message is a hard edit, the order is rejected by mainframe validation module.
If the message is a soft edit, the order is accepted by mainframe validation module. The soft edit is purely informational. Not necessarily a warning. No action is required on the user of the order entry system. I guess the soft edit is just "FYI".
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Posted By familyman to learning finance,c++,py... at 3/15/2011 11:52:00 PM
Sunday, June 14, 2015
hard edit vs soft edit when submitting order to mainframe
