[This message was posted by Andrew Bowley of Nomura International Plc <[email protected]> to the "Asia/Pac" discussion forum at http://fixprotocol.org/discuss/18. You can reply to it on-line at http://fixprotocol.org/discuss/read/cf689172 - PLEASE DO NOT REPLY BY MAIL.]
Hi. There is ongoing discussion of this in Europe (as you can see from the other chain and my fuller response there), but no resolution to date. To me this is simple: we are being asked by clients to make up a MIC code to make a venue distinction (on FIX tag 30 for executions), and it seems poor that the industry cannot agree to make this step in a coordinated manner by formally agreeing on this. Andrew > Hi Viv, > > This is something that is getting some though in Europe at the moment with > regard to a consolidated tape. > > Personally, I think that there should be (as a short term fix) two ISO MICs - > lit and dark. Maybe at some point in the future a hierarchical data > structure could be introduced or even a > > Andrew Bowley over at Nomura would be a good chap for you to have a > discussion about this... > > John > > > Interested to hear if anyone has thoughts about validity of having a > > separate Last Market MIC code for ASX Centrepoint (their new-ish Dark > > mid-spread matching pool). Currently only have the main lit market listed > > in MIC codes. > > > > Some discussion has been made on this type of thing previously: > > http://fixprotocol.org/discuss/read/2699f351 > > > > Think will query ASX if they have any plans to list this book under a > > separate MIC. [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.
