LastCapacity/2 CrossAsAgent
From FIXwiki
LastCapacity Value 2
| Value | Name | Field(tag) | First introduced |
|---|---|---|---|
| 2 | CrossAsAgent | LastCapacity(29) | FIX.2.7 |
Cross as agent
Notes
Quoting from Best Practices Around Execution Venue Reporting:
"An execution between two clients of the executing broker-dealer, where the broker-dealer is acting as agent on behalf of both clients, including when the execution takes place within the broker-dealer's electronic matching engine in an agency capacity (i.e. client order vs. another client order)."
