Imported from previous forum
Once instrument is specified in Quote or Order, should we identify execution venue to allow for intermediary (such as order routing)?
Once instrument is specified in Quote or Order, should we identify execution venue to allow for intermediary (such as order routing)?
We are not aware of any bank / proposed SEF combination that utilises an intermediary in the manner described.
By default, this approach will not be in scope, unless this is identified as a genuine requirement by banks and/or trading venues.