Will the BOATS matching engine generate a Trade record after going live in Production?
No. The BOATS matching engine does not generate Trade records in MEMOIR feeds; fills are represented by “Order Executed” messages.
At present, the Blue Ocean ATS (BOATS) matching engine does not have functionality that would lead to a Trade record in the MEMOIR Depth of Book feed.
Instead, all executions are represented by “Order Executed” messages, which indicate a fill on the matching engine. This will remain the case for the foreseeable future.