Indicates whether a routing arrangement is in place, e.g. between two brokers. May be used together with OrderOrigination (1724) to further describe the origin of an order.

An arrangement under which a participant of a marketplace permits a broker to electronically transmit orders containing the identifier of the participant. This can be either through the systems of the participant for automatic onward transmission to a marketplace or directly to a marketplace without being electronically transmitted through the systems of the participant.