Imported from previous forum
[ original email was from Gordon Mitchell - gordon.mitchell@reuters.com ]
Appendix L of the 4.2 specification states that an indication without the targeting identifiers (either firm or list) is assumed to be sent to the whole lists of IOI receiving firms managed by the vendor.
Q. This assumes that DeliverToCompID has not been set in the standard message header?
Q. Where routing ID’s are being used, is there an expectation that DeliverToCompID, TargetSubID and TargetLocationID will not be populated?
Appendix L also states that using blocking fields without targeting fields implies that the IOI is blocked from the whole universe of institutions available to the broker (i.e. everyone on the bendors system but these firms).
Q. Is this a correct statement? Wouldn’t the functionality be satisfied by using the blocking fields as the targeting fields?
Where blocking fields are used without targeting fields, I would have thought it more logical to target all IOI receiving firms (because no target list has been specified) baring the list of firms held in blocking fields.
Would appreciate clarification
Thanks, G