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Derivatives
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Re: Sell-side used FIX Messages for listed derivatives
Robert Stowsky / Brook Path Partners, Inc.
12 Jun 2008 5:56PM ETMy mistake. I meant to say that an acknowledgment of the allocation instruction is followed by an allocation report. Confirmation is not used.
> Hi Robert,
>
> Thank you for the details. I understand Confirmation (AK) to be used for
> sell-side to confirm buy-side's allocations, but why would an
> AllocationReport (AS) follow an AK? Aren't those the messages which
> conveys the same details? Another question which I had was could AK be
> used for CFD's too?
>
> Thanks again for your help. Deb
>
> > Hi Deb,
> >
> > It would be the AK followed by an allocation report.
> >
> > Robert
> >
> > > Hi, I wanted to check with the group and sell-side members on the
> > > FIX message (in version 4.4) mostly used by sell-side firms for
> > > sending confirmations in response to an Investment Manager's
> > > Allocations of a Broker/Dealer executed listed Option or Future
> > > (listed derivatives) trade: would it be a Confirmation (MsgType=AK)
> > > message or some other message?
> > >
> > > Thanks in advance for your help.
> > >
> > > Debashis Das Omgeo LLC.
Re: Sell-side used FIX Messages for listed derivatives
Robert Stowsky / Brook Path Partners, Inc. 12 Jun 2008 5:56PM ET
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