[This message was posted by Jim Kaye of Bank of America Merrill Lynch <[email protected]> to the "4.4 Changes" discussion forum at http://fixprotocol.org/discuss/17. You can reply to it on-line at http://fixprotocol.org/discuss/read/f4481242 - PLEASE DO NOT REPLY BY MAIL.]
> Hi, > > Wanted to get a better handle on the benefits we achieve by splitting the > allocation and confirm messages vs having confirms be handled by allocation > message? > > Is it to allow confirmations at an allocation account/trade level vs block > level? > > Checking to see if there are other benefits? > > Thanks. > Rich Hello The ability to use separate messages was provided simply because that's how people are used to it, particularly in equities. However the allocation report message was designed to include all the details available on the confirmation messages, so you can actually use either. I wouldn't say there are benefits either way - just use whichever model suits your business (and is supported by the people you'll be messaging!). Jim. [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.
