Description
An initiator that requires collateral from a respondent sends a Collateral Request. The initiator can be either counterparty to a trade in a two party model or an intermediary such as an ATS or clearinghouse in a three party model. A Collateral Assignment is expected as a response to a request for collateral.
Collateral Request
Structure
| Tag | Field Name | Req'd | Comments | |
|---|---|---|---|---|
| Component Block - <StandardHeader> | Y | MsgType = AX | ||
| 894 | CollReqID | Y | Unique identifier for collateral request | |
| 895 | CollAsgnReason | Y | Reason collateral assignment is being requested | |
| 60 | TransactTime | Y | ||
| 126 | ExpireTime | N | Time until when Respondent has to assign collateral | |
| Component Block - <Parties> | N | |||
| 1 | Account | N | Customer Account | |
| 581 | AccountType | N | Type of account associated with the order (Origin) | |
| 11 | ClOrdID | N | Identifier of order for which collateral is required | |
| 37 | OrderID | N | Identifier of order for which collateral is required | |
| 198 | SecondaryOrderID | N | Identifier of order for which collateral is required | |
| 526 | SecondaryClOrdID | N | Identifier of order for which collateral is required | |
| Component Block - <ExecCollGrp> | N | Executions for which collateral is required | ||
| Component Block - <TrdCollGrp> | N | Trades for which collateral is required | ||
| Component Block - <Instrument> | N | Instrument that was traded for which collateral is required | ||
| Component Block - <FinancingDetails> | N | Details of the Agreement and Deal | ||
| 64 | SettlDate | N | ||
| 53 | Quantity | N | ||
| 854 | QtyType | N | ||
| 15 | Currency | N | ||
| Component Block - <InstrmtLegGrp> | N | Number of legs that make up the Security | ||
| Component Block - <UndInstrmtCollGrp> | N | Number of legs that make up the Security | ||
| 899 | MarginExcess | N | ||
| 900 | TotalNetValue | N | ||
| 901 | CashOutstanding | N | ||
| Component Block - <TrdRegTimestamps> | N | Insert here the set of "TrdRegTimestamps" fields defined in "Common Components of Application Messages" | ||
| 54 | Side | N | ||
| Component Block - <MiscFeesGrp> | N | Required if any miscellaneous fees are reported. | ||
| 44 | Price | N | ||
| 423 | PriceType | N | ||
| 159 | AccruedInterestAmt | N | ||
| 920 | EndAccruedInterestAmt | N | ||
| 921 | StartCash | N | ||
| 922 | EndCash | N | ||
| Component Block - <SpreadOrBenchmarkCurveData> | N | Insert here the set of "SpreadOrBenchmarkCurveData" fields defined in "Common Components of Application Messages" | ||
| Component Block - <Stipulations> | N | Insert here the set of "Stipulations" fields defined in "Common Components of Application Messages" | ||
| 336 | TradingSessionID | N | Trading Session in which trade occurred | |
| 625 | TradingSessionSubID | N | Trading Session Subid in which trade occurred | |
| 716 | SettlSessID | N | ||
| 717 | SettlSessSubID | N | ||
| 715 | ClearingBusinessDate | N | ||
| 58 | Text | N | ||
| 354 | EncodedTextLen | N | Must be set if EncodedText field is specified and must immediately precede it. | |
| 355 | EncodedText | N | Encoded (non-ASCII characters) representation of the Text field in the encoded format specified via the MessageEncoding field. | |
| Component Block - <StandardTrailer> | Y | |||