[This message was posted by Jim Northey of The LaSalle Technology Group 
<[email protected]> to the "Foreign Exchange" discussion forum at 
http://fixprotocol.org/discuss/1. You can reply to it on-line at 
http://fixprotocol.org/discuss/read/4ae9c4d0 - PLEASE DO NOT REPLY BY MAIL.]

Is cutoff required for FX Forwards? You can check volume 7 of the latest FIX 
specification for usage for FX Forwards.

We are proposing some enhancements to address cutoff for OTC FX options - the 
initial proposal was presented to the GFXC Tech subcommittee a couple of weeks 
ago. We are proposing a CutoffZone (with code list to be maintained by FPL) and 
a Cutoff Time (HH:MM:SS).

> Hi All,
> 
> Sorry for the newbie question, but where does one specific NY or Tokyo
> Cutoff in specifying an FX Forward?
> 
> Thanks!


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