[This message was posted by Vincent Vandemeulebrouck of ULLINK 
<[email protected]> to the "Allocations" discussion forum at 
http://fixprotocol.org/discuss/13. You can reply to it on-line at 
http://fixprotocol.org/discuss/read/5e997f5b - PLEASE DO NOT REPLY BY MAIL.]

> I think there's a separate question as to why you'd need to regular 
> allocation block on the new order multi-leg message (it seems somewhat 
> duplicative to have both), so if you can think of a reason for that, then let 
> me know. I wouldn't actually recommend removing it, instead adding 
> clarififying comments to the specification to indicate that only one or the 
> other should be used.

There is a need to be able to allocate legs differently. If the strategy legs 
are on different exchanges, with different clearing houses, the instructions 
sent to the clearing houses will be different.

Also, the trading of a strategy may be to cover the risk taken by a client, so 
the first leg may be allocated to a client account, and the second leg on an 
internal account.

[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.

Reply via email to