Agency average price execution - ACT Reporting.

Buying foreign shares and funds, currency issues, tax rules and implications.

Agency average price execution - ACT Reporting.

Postby push81 » 22 Mar 2012 06:01

I have two orders to Buy 1000 shares of Apple from a customer. :thumbsup:
I bunch these two orders to make a single order which i execute in Agency capacity.
I get trades with executing brokers as ARCA NYSE NASDAQ .. to fill my bunched order.
Now i will be applying a single trade at the weighted average price on my original orders.

Question
What should be the executing broker on this trade :?:
How should ACT reporting be handled. :?
push81
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