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Allocations
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Re: Duration of uniqueness for AllocID on Allocation Instruction message
Scott Atwell / American Century Investments <> 11 Apr 2007 6:05PM ET> Is there a generally accepted industry definition of "uniqueness" of
> Allocation ID (AllocID[tag 70]) in Allocation Instruction messages?
>
> Definition from FIXimate: "Unique identifier for this allocation
> instruction message"
>
> Should this be unique for the day?
>
> Should it be unique forever?
>
> What is the practice right now in the industry?
>
> If it is unique forever - then it seems like the date or datetime should
> be part of the AllocID? Thoughts?
We set this to our internal allocation id which is unique (forever). Note that it should definitely be > 1 day as sometimes there is a need for next morning cancel/re-book and the cancel needs to be able to reference the original's AllocID.
Re: Duration of uniqueness for AllocID on Allocation Instruction message Scott Atwell / American Century Investments 11 Apr 2007 6:05PM ET
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