<NestedParties> component block – FIX 5.0 – FIX Dictionary

FIX 5.0 : <NestedParties> component block

Description

The Nested<Parties> 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 Nested<Parties> 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	Number of NestedPartyID (524), NestedPartyIDSource (525), and NestedPartyRole (538) entries
=>	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.
=>	Component Block - <NstdPtysSubGrp>		N	Repeating group of NestedParty sub-identifiers.