The Global Technical Committee has reviewed and preliminarily approved the Gap Analysis submitted by the FIX Execution Venue Working Group. This gap analysis proposal seeks to remove the ambiguity of the existing value “0” of LastLiquidityInd(851) and adds two new values for cases when the liquidity indicator is either unknown or not (yet) explicitly available as an enumeration of the field.
The document now enters a public comment period in which public review and feedback is encouraged. Once the public comment period closes, the GTC will review public comments before final approval by the GTC Governance Board.
Please post feedback, comments, and questions as replies to this discussion thread. The public comment period ends on April 7, 2023.
A link to the proposal can be found here.