Imported from previous forum
When identifying the values for Tag 47 Rule80A, the text “Competing dealer trades” is assigned to 3 different values ‘O’ , ‘R’ and ‘T’. Is there a difference between the 3?
FIX 4.3 corrected this error. Specifically FIX 4.3 states:
O = Proprietary transactions for competing market-maker that is affiliated with the clearing member (was incorrectly identified in the FIX spec as “Competing dealer trades”)
R = Transactions for the account of a non-member competing market maker (was incorrectly identified in the FIX spec as “Competing dealer trades”)
T = Transactions for the account of an unaffiliated member’s competing market maker (was incorrectly identified in the FIX spec as “Competing dealer trades”)
Also note that the Rule80A field was deprecated in FIX 4.3. See FIX 4.3 Volume 6, Appendix 6-E.
> When identifying the values for Tag 47 Rule80A, the text “Competing dealer trades” is assigned to 3 different values ‘O’ , ‘R’ and ‘T’. Is there a difference between the 3?
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