35=D within FX

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Imported from previous forum

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Hi All,

I am starting this thread so we can discuss how others ECN/Brokers/Banks implement 35=D for FX and what tags are used. Currently at HSBC we use FIX.4.4 and some of the values and tags that may be mentioned maybe from FIX 5.0.

  • Has any Liquidity provider been informed by an ECN/SEF that they will send USI information on their order(35=D/AB)? There is a thread about this:http://www.fixprotocol.org/discuss/read/adef5783
    I am curious to get views from Liquidity providers and also any ECN who are looking to become SEF’s and what they expect to do.

  • Currently we are hoping to use 35=AB instead of 35=D for swap orders, would like to hear if anyone else is doing this, the primary reason is to use the repeating group 555.

Thanks
Nadeem