Imported from previous forum
[ original email was from Michael Condoulis - michael_condoulis@prusec.com ]
Does anyone know if tag 60 is required by the SEC for executions, if tag 52 is present?? Thanks!
From my understanding tag 52 is the message time and tag 60 is the actual order execution event time be it a cancel, partial fill, fill , or a replace. I believe SEC does require tag 60 since you have to record all execution times.
Does anyone know if tag 60 is required by the SEC for executions, if tag
52 is present?? Thanks!