Description
The PositionTransferInstructionAck <DM> is sent by CCPs to clearing firms to acknowledge position transfer instructions, and to report errors processing position transfer instructions.
The PositionTransferInstructionAck <DM> is intended to be a technical acknowledgment, not a business level acknowledgment which would instead be provided by the PositionTransferReport <DN> message. As such, TransferID <2437>, a business level ID assigned by the CCP, need not be assigned when providing a technical acknowledgment to a new or rejected position transfer request.
Structure
| Tag | Field Name | Req'd | Comments | |
|---|---|---|---|---|
| Component Block - <StandardHeader> | Y | MsgType <35> = DM | ||
| 2436 | TransferInstructionID | Y |
The identifier of the PositionTransferInstruction <DL> this message is responding to. |
|
| 2437 | TransferID | N |
Optional when responding to a "new" transfer. When responding to a PositionTransferInstruction (DL) accepting, declining, or cancelling a transfer already initiated, this field can echo the TransferID <2437> sent. |
|
| 2439 | TransferTransType | N | ||
| 2440 | TransferType | N | ||
| 2442 | TransferStatus | N | ||
| 2443 | TransferRejectReason | N |
Conditionally required when TransferStatus <2442> = 1(Rejected by intermediary). |
|
| 2441 | TransferScope | N | ||
| Component Block - <Parties> | N |
Specifies the source of the position transfer, e.g. the transferor. |
||
| Component Block - <TargetParties> | N |
Specifies the target of the position transfer. |
||
| 60 | TransactTime | N | ||
| 1328 | RejectText | N | ||
| 1664 | EncodedRejectTextLen | N |
Must be set if EncodedRejectText <1665> field is specified and must immediately precede it. |
|
| 1665 | EncodedRejectText | N |
Encoded (non-ASCII characters) representation of the RejectText <1328> field in the encoded format specified via the MessageEncoding <347> field. |
|
| 58 | Text | N | ||
| 354 | EncodedTextLen | N |
Must be set if EncodedText <355> field is specified and must immediately precede it. |
|
| 355 | EncodedText | N |
Encoded (non-ASCII characters) representation of the Text <58> field in the encoded format specified via the MessageEncoding <347> field. |
|
| Component Block - <StandardTrailer> | Y | |||