The FIX Trading Community is pleased to highlight new recommendations on how firms can communicate a BCAN (Broker-to-Client Assigned Number) using standard FIX fields for the Hong Kong ID regime, and an enhanced definition of the FIX user-defined field BCANID(8018).
Recommended Practices: BCAN ID using FIX for HKIDR
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).
These recommendations were issued in draft form in May and have been finalized following a public review, which is now closed.
