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Re: Sell-side used FIX Messages for listed derivatives
DEBASHIS DAS / Omgeo LLC.
24 Jun 2008 5:46PM ETHi Robert,
Thanks for the letting me know, but would AllocationReport (AS) be the message used for Futures/Options or should Confirmation (AK) be the one or something different. AllocationReport (AK) would be definitely used for Fixed Income since the message is more meaningful from a FI trade perspective but would it be true for Futures/Options also.
Appreciate all your help.
Thanks
Deb
> My 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
DEBASHIS DAS / Omgeo LLC. 24 Jun 2008 5:46PM ET
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