[This message was posted by Ambar Arasan of TradeTurquoise <[email protected]> to the "4.2 Changes" discussion forum at http://fixprotocol.org/discuss/5. You can reply to it on-line at http://fixprotocol.org/discuss/read/cf33f775 - PLEASE DO NOT REPLY BY MAIL.]
Hi >From my understanding, the initial question is about sending IOC orders for >IOI's. Which I have come across with NYFIX, they provide their clients with an >option to send IOC's in response to IOI's. They call these IOI's as IOL's >(Indication of Liquidity) since its on their exchange. They must be aware of >their clients (Brokers and Vendors ) who provide similar service for IOI's. -Ambar > > Hey All, > > > > Am looking for information on brokers or vendors who are currently > > supporting IOC orders on back of IOIs sent to Clients. Can anyone > > provide as much information as you can, pertaining to Supportability, > > FIX messaging, Vendors etc. Thanks in advance > > BY IOC i beleive you mean to say in 35=6 value of TAG 28=C , if this is > the case all the brokers who sends IOI Transaction Type 28=N sends this. > > IOI is basically sends by Brokers only to ask for the interest from > their clients to show what orders they can fill up , asking for > their interest. > > and in case that order exec is gone from the brokers side they have to > send the cancellation of the previous new IOI . TAG 26 is required to > show up the new IOI sent. [You can unsubscribe from this discussion group by sending a message to mailto:[email protected]] --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Google Groups "Financial Information eXchange" group. To post to this group, send email to [email protected] To unsubscribe from this group, send email to [email protected] For more options, visit this group at http://groups.google.com/group/FIX-Protocol?hl=en -~----------~----~----~----~------~----~------~--~---
