What type of order generates events for the Avaloq booking engine?

The transactional order is specifically designed to interact with the Avaloq booking engine by generating relevant events during the process. These events are crucial because they trigger various actions within the booking engine, which is responsible for managing the financial transactions in the Avaloq system.

In the context of Avaloq, transactional orders encompass actions like trade executions, transfers, or any other activity that modifies account positions or financial status. This type of order ensures that all necessary steps related to the transaction occur seamlessly, reflecting changes in the system in real-time and maintaining data consistency.

The other types of orders, while they may serve important functions within the Avaloq system, do not directly generate the same level of engagement with the booking engine. For instance, static orders typically deal with fixed data and configurations without the dynamic need for triggering events, and validation orders primarily focus on checking the correctness of data rather than initiating processes in the booking engine. Context orders usually provide additional information, but like validation orders, they don't drive actions in the same manner as transactional orders.