Recommended Practices: BCAN ID using FIX for HKIDR

The FIX Trading Community has issued Recommended Practices describing how to communicate a BCAN (Broker-to-Client Assigned Number) in the Hong Kong market using FIX Fields. This relates to the requirement for orders (or off exchange trade reports) to include an identification code assigned to the relevant client, in order to identify the originators of those orders and trades under the HKIDR (Hong Kong Investor Identification Regime).

The proposal continues to be in the public comment period and has been revised based on the feedback received from the community.

FIX Recommended Practice – BCAN for HKIDR v2