FIX Version FIX.5.0SP2 Extension Pack EP251

Approval Date 2019-07-10T17:00:00

Description APAC Client Facilitation Extension





Enumerations

Enumerations Added

TagValueSymbolicNameGroupSortDescriptionElaboration
18zAllowFacilitation62Allow facilitationExpress explicit consent to receive facilitation services from the counterparty. Facilitation services are when an institutional client allows a broker to assume a risk-taking principal position rather than an agency position, to obtain liquidity or achieve a guaranteed execution price on the client's behalf. Interpretation of absence of this value needs to be bilaterally agreed, if applicable. In the context of Hong Kong's SFC, this can be used to comply with SFC regulations for disclosure of client facilitation.