CIV Order

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Imported from previous forum

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Hi, In reading the spec we came across the term CIV Order. Can anyone explain what this is? Than you…Erik

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> Hi, In reading the spec we came across the term CIV Order. Can anyone explain what this is? Than you…Erik
>
Erik,

CIV stands for Collective Investment Vehicles - the global term for Mutual Funds. So, a CIV order would be used to subscribe/redeem funds.

Sandy