|
US Regulations
< Previous Next >
RegNMS IOC order
Eric Gottesman / Jefferies Execution Services
16 Jan 2007 6:44PM ETHas anyone devised a FIX-standard way of accepting a RegNMS IOC order?
NYSE has implemented a user defined tag 9487=SOC to represent this type of order instruction.
Has there been any talk of creating a new tag 18 (ExecInst) value,
ala 18=f for ISO order?
A RegNMS IOC order is used when customer does not want to ship the order to other marketplace. This would be different from a regular IOC order (59=3), which would be routable by default.
Thanks,
Eric Gottesman
Jefferies Execution Services
RegNMS IOC order
Eric Gottesman / Jefferies Execution Services 16 Jan 2007 6:44PM ET
|
