[This message was posted by Robert Mitchell of NYU <[email protected]> to the "Foreign Exchange" discussion forum at http://fixprotocol.org/discuss/1. You can reply to it on-line at http://fixprotocol.org/discuss/read/2c8e15f8 - PLEASE DO NOT REPLY BY MAIL.]
I am by no means expert, but for an ON TN or SN trade isn't it important to identify the cutoff time? From vol. 7 they seem to just assume NY cutoff. > Is cutoff required for FX Forwards? You can check volume 7 of the latest > FIX specification for usage for FX Forwards. > > We are proposing some enhancements to address cutoff for OTC FX options > - the initial proposal was presented to the GFXC Tech subcommittee a > couple of weeks ago. We are proposing a CutoffZone (with code list to be > maintained by FPL) and a Cutoff Time (HH:MM:SS). > > > Hi All, > > > > Sorry for the newbie question, but where does one specific NY or Tokyo > > Cutoff in specifying an FX Forward? > > > > Thanks! [You can unsubscribe from this discussion group by sending a message to mailto:[email protected]] -- You received this message because you are subscribed to the Google Groups "Financial Information eXchange" group. To post to this group, send email to [email protected]. To unsubscribe from this group, send email to [email protected]. For more options, visit this group at http://groups.google.com/group/fix-protocol?hl=en.
