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4.2 Changes
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Re: Identify Japanese off-exchange (Tachiaigai) executions
anand pandey / NIIT Tech
6 Aug 2008 9:59PM ET> > Hi all,
> >
> > I would like to know what is the common market practice for sell-sides
> > to identify Japanese off-exchange (Tachiaigai) executions for buy-
> > sides in 4.2?
> >
> > Thanks
>
> Hi,
>
> Brokers have different views on the approach. One approach is to say
> this is OTC, so set 11. Others say it is third market, which they set
> TH. I personally would vote for OTC, because off-exchange executions
> need brokers to report to exchanges as OTC.
>
> Regards, Sridhar B
Dear Sridhar,
Actually I am also looking for answer to this query.Incase we get 100=TH then which off floor that order will go.say there are securitiies which are listed in TOSNET for Tokyo.How to distinguish it has gone to TOSNET.
Re: Identify Japanese off-exchange (Tachiaigai) executions
anand pandey / NIIT Tech 6 Aug 2008 9:59PM ET
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