# Query regarding Allocation message **URL:** \ **Category:** General Q&A\ **Tags:** general-qa, xid\_167965, imported\ **Created:** [March 15, 2010, 6:49am UTC](https://forum.fixtrading.org/t/query-regarding-allocation-message/5017 "2010-03-15T06:49:07Z")\ **Posts on this page:** 3\ **Page:** 1
**Author:** ![vinaymeher75\_x](https://avatars.discourse-cdn.com/v4/letter/v/54ee81/32.png) [@vinaymeher75\_x](https://forum.fixtrading.org/u/vinaymeher75_x)\ **Post date:** [March 15, 2010, 6:49am UTC](https://forum.fixtrading.org/t/query-regarding-allocation-message/5017/1 "2010-03-15T06:49:07Z")
Imported from previous forum ---
**Author:** ![vinaymeher75\_x](https://avatars.discourse-cdn.com/v4/letter/v/54ee81/32.png) [@vinaymeher75\_x](https://forum.fixtrading.org/u/vinaymeher75_x)\ **Post date:** [March 15, 2010, 6:49am UTC](https://forum.fixtrading.org/t/query-regarding-allocation-message/5017/2 "2010-03-15T06:49:07Z")
Hi, I have a query regarding Allocation message (MsgType = J) in FIX Protocol 4.2. It is specified in the FIX 4.2 errata that the allocation message can be sent by an entity to carry out Post-Trade divisions of Account Type and Executed Quantity (Traded Quantity). According to my understanding, say for example, a fill with (Traded Quantity = 100 and Account = ‘A’) is received. Now, broker wants to divide the above fill in the following fashion: Traded Quantity Account * * * 100 A (Original) 30 B 30 C 40 D For the aforementioned activity, is Allocation (MsgType = J) the right message? If yes, can it be used at the exchange level? Meaning, can an entity send an allocation message directly to an exchange or to sell side? Thanks in advance, Vinay M ---
**Author:** ![fixquery\_x](https://avatars.discourse-cdn.com/v4/letter/f/ecd19e/32.png) [@fixquery\_x](https://forum.fixtrading.org/u/fixquery_x)\ **Post date:** [March 18, 2010, 6:46am UTC](https://forum.fixtrading.org/t/query-regarding-allocation-message/5017/3 "2010-03-18T06:46:56Z")
Hi Vinay, If allocations are supported at Exchange level, Post Trade Allocation message (MsgType = J) can be sent with tags 79 and 80 bearing repeating group B-30, C-30 and D-40. But few exchanges, viz., Indian Exchanges do not support allocations (i.e. division of traded quantity) once trade is confirmed. In such scenario, Post Trade Allocation message can be sent to sell side only for back office reference purpose. > Hi, I have a query regarding Allocation message (MsgType = J) in FIX > Protocol 4.2. It is specified in the FIX 4.2 errata that the allocation > message can be sent by an entity to carry out Post-Trade divisions of > Account Type and Executed Quantity (Traded Quantity). According to my > understanding, say for example, a fill with (Traded Quantity = 100 and > Account = ‘A’) is received. Now, broker wants to divide the above fill > in the following fashion: > > Traded Quantity Account --------------- ------- 100 A (Original) 30 > B 30 C 40 D > > For the aforementioned activity, is Allocation (MsgType = J) the > right message? If yes, can it be used at the exchange level? Meaning, > can an entity send an allocation message directly to an exchange or > to sell side? > > Thanks in advance, Vinay M