Valid Until Time (Tag 62)

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Imported from previous forum

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All

Can anyone confirm the functionality of tag 62 within an IOI message (tag 35=6), should the message disappear or be altered in anyway when the valid until time is breached?

Is there a rule of thumb as to what should happen to an IOI in this situation?

Regards
James

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[ original email was from Ian Orford - ian.orford@dresdnerkb.com ]
I think it’s important that recipients of IOIs are made aware that the ValidUntil time has passed.

However, there is certainly an argument for NOT deleting the IOI and letting it remain visible. It’s useful for people to know who is/has been active in stocks, even if the price is no longer valid.

Ian

> All
>
> Can anyone confirm the functionality of tag 62 within an IOI message (tag 35=6), should the message disappear or be altered in anyway when the valid until time is breached?
>
> Is there a rule of thumb as to what should happen to an IOI in this situation?
>
> Regards
> James
>
>