Imported from previous forum
The Global Technical Committee has reviewed and preliminarily approved the Indicative Execution Extension. This gap analysis submitted by the EMEA Business Practices subcommittee seeks to enhance the protocol’s support for identification of executions arising from orders or quotes requiring a confirmation during continuous trading and auctions. Two new enumerations for Match Type(574) are being proposed.
The document now enters a public comment period in which public review and feedback is encouraged. Once the public comment period closes, the Global Technical Governance Board will meet to review public comments before final approval.
Please post feedback, comments, and questions as replies to this discussion thread.
A link to the proposal and the presentation slide can be found at:
http://www.fixtradingcommunity.org/pg/file/fplpo/read/2007125/fix-protocol-ga-indicative-execution-extension
The public comment period ends on January 30th, 2015.