[This message was posted by Hanno Klein of Deutsche Börse Systems <[email protected]> to the "General Q/A" discussion forum at http://fixprotocol.org/discuss/22. You can reply to it on-line at http://fixprotocol.org/discuss/read/929f7c1f - PLEASE DO NOT REPLY BY MAIL.]
It depends on the FIX version. As of FIX 4.3, the <Parties> block is available and recommended to convey business actors. The recommendation is to use SenderCompID and SenderSubID only for technical routing/validation of messages. The <Parties> block has a PartyRole which can convey an Executing Firm/Desk/Trader which you can use for a hierarchy. It also has values for specific accounts but tag 1 (Account) is also fine. It depends a bit whether you want to keep this information together in a single component or scattered across multiple fields. > Hi Pravin, > > You are correct; that's the way the fields would map for the hierarchy > you laid out. 49 is the broker/firm, 50 is the dealer/trader, and 1 is > just the account, as you said. > > Paul > > > Consider the hierarchy - brokers -> dealers -> trading account > > > > For NewOrderSingle, i am guessing the corresponding FIX fields > > would be: > > > > Broker = SenderCompID Dealer = SenderSubID Trading Account = Account > > > > Is this correct? Please confirm. [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.
