Description
The <NestedParties> component block is identical to the <Parties> Block. It is used in other component blocks and repeating groups when nesting will take place resulting in multiple occurrences of the <Parties> block within a single FIX message. Use of <NestedParties> under these conditions avoids multiple references to the <Parties> block within the same message which is not allowed in FIX tag/value syntax.
Structure
| Tag | Field Name | Req'd | Comments | |
|---|---|---|---|---|
| 539 | NoNestedPartyIDs | N | Repeating group below should contain unique combinations of NestedPartyID, NestedPartyIDSource, and NestedPartyRole | |
| → | 524 | NestedPartyID | N | Used to identify source of NestedPartyID. Required if NestedPartyIDSource is specified. Required if NoNestedPartyIDs > 0. |
| → | 525 | NestedPartyIDSource | N | Used to identify class source of NestedPartyID value (e.g. BIC). Required if NestedPartyID is specified. Required if NoNestedPartyIDs > 0. |
| → | 538 | NestedPartyRole | N | Identifies the type of NestedPartyID (e.g. Executing Broker). Required if NoNestedPartyIDs > 0. |
| → | 2384 | NestedPartyRoleQualifier | N | |
| → | Component Block - <NstdPtysSubGrp> | N | Repeating group of NestedParty sub-identifiers. | |