Imported from previous forum
[ original email was from Mark Bigenwald - mbigenwald@sungard.com ]
Scenario:
A large order is sent to a broker.
The broker fills the order in several lots with several executions.
Question:
Should Commission(12), MiscFeeAmt(137), and NetMoney(118) be CUMULATIVE amounts, or just the amounts for that particular lot/partial fill?
I’d like to hear what your experiences are when this is calculated by the broker?
Fix 4.0 is vague as to what is correct.