Imported from previous forum
[ original email was from Jim Northey - jnorthey@lasalletech.com ]
Cabinet trades are used to indicate prices that trade at a price lower than that available on an exchange. Proposal is to add two new enumerations to PriceType (tag 423)
11 - Fixed cabinet trade price
12 - Variable cabinet trade price
I believe this would also result in the removal of the 4.4 Draft #1-only field: CabinetIndicator (753)
> Cabinet trades are used to indicate prices that trade at a price lower than that available on an exchange. Proposal is to add two new enumerations to PriceType (tag 423)
>
> 11 - Fixed cabinet trade price
> 12 - Variable cabinet trade price
>
>
[ original email was from Kevin Houstoun - kevin.houstoun@ssmb.com ]
Assigned ID [PC20030325_7] and done by Scott Atwell in draft 2 of FIX4.4 release
> I believe this would also result in the removal of the 4.4 Draft #1-only field: CabinetIndicator (753)
>
> > Cabinet trades are used to indicate prices that trade at a price lower than that available on an exchange. Proposal is to add two new enumerations to PriceType (tag 423)
> >
> > 11 - Fixed cabinet trade price
> > 12 - Variable cabinet trade price
> >
> >
>