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Exchange in FIX message
Nick Nevens / SimCorp <>
22 Sep 2008 5:07AM ET

I have 2 linked questions actually. First, is it necessary to add the exchange in the FIX message when sending an equity order to the broker?
If yes, why, because it does not make sense to me, due to the fact that because of Best execution, the broker can choose the exchange, MTF or even dark pool? Is it maybe to identify the stock?

Exchange in FIX message
Nick Nevens / SimCorp   22 Sep 2008 5:07AM ET

Re: Exchange in FIX message
Hanno Klein / Deutsche Börse Systems   22 Sep 2008 5:39AM ET

Re: Exchange in FIX message
Nick Nevens / SimCorp   22 Sep 2008 8:31AM ET

Re: Exchange in FIX message
Amiya Acharya /   22 Sep 2008 1:39PM ET

Re: Exchange in FIX message
Hanno Klein / Deutsche Börse Systems   23 Sep 2008 3:19AM ET