Settlement Instruction Request <AV> message – FIX 4.4 – FIX Dictionary

Structure | Related Messages

Description

The Settlement Instruction Request <AV> message is used to request standing settlement instructions from another party. This could be:

• A buyside firm requesting standing instructions from a sellside firm.
• A sellside firm requesting standing instructions from a buyside firm.
• A sellside or buyside firm requesting standing instructions from a third party central static data database.
• A third party central static data database requesting standing instructions from a sellside or buyside firm.

Settlement instructions can be requested for any combination of the following parameters (in addition to the party whose instructions are being requested):

• AllocAccount <79>
• Country <421> (of settlement)
• Side <54>
• SecurityType <167> (and/or CFICode <461>)
• SettlDeliveryType <172> (i.e. DVP vs. FOP)
• EffectiveTime <168> (i.e. all instructions valid at any time from this date/time)
• ExpireTime <126> (i.e. all instructions valid until this date/time)
• LastUpdateTime <779> (i.e. all instructions created or updated since this date/time)

Alternatively, settlement instructions can be queried by reference to a database of standing instructions using the identifiers of that database as follows:

• Database id
• Database name
• Id of the settlement instructions on this database

The response to such a request should be a Settlement Instruction <T> message with SettlInstTransType <163> "New" containing all SSIs meeting the criteria specified in the Settlement Instruction request. If the request cannot be processed, the request should be rejected with a Settlement Instruction message with SettlInstTransType <163> "Request rejected". Similarly, if the request returns no data, the request should be rejected with a Settlement Instruction message with SettlInstTransType <163> "No matching data found".

Structure

Related Messages

• Settlement Instructions <T>