Fund Trader <-> Registry

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Imported from previous forum

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[ original email was from Matthew Rawlings - matthew.rawlings@barclaysglobal.com ]
I am looking to represent Orders from the Registry to the Fund Trader. Can this be accomplished in FIX?

btw - Registry is also known as Transfer Agency or Registrat. Fund Trader is also known as Fund Manager.

It looks like in the 2001 documentations it was deemed out of scope.

What are the last plans for CIVs?

Regards - Matthew

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[ original email was from Robert Stowsky - rstowsky@brookpath.com ]
Matthew,

Have you had a look at Vol 7 of the 4.4 spec (June 2003 errata)? Beginning on page 5 are the CIV FIX messages.

Regards,

Robert

> I am looking to represent Orders from the Registry to the Fund Trader. Can this be accomplished in FIX?
>
> btw - Registry is also known as Transfer Agency or Registrat. Fund Trader is also known as Fund Manager.
>
> It looks like in the 2001 documentations it was deemed out of scope.
>
> What are the last plans for CIVs?
>
> Regards - Matthew
>
>
>

4

[ original email was from Matthew Rawlings - matthew.rawlings@barclaysglobal.com ]
Robert - thanks for getting back.

Looking at FIX 4.3 and 4.4 I can see lots of information on how to communicate individual orders to the fund mananger. To me, from the description, the examples look implicitly like the fund manager is taking the transfer agency role. Are there any examples where the role is performed by two different Parties.

How would I communicate to and from the Transfer Agency to the Fund Manager the net number of units subscribed and redeemed, their settlement currencies and varying settlement dates? The fund manager may not be exposed to the order detail but needs the aggregate information to manage the liquidity of the fund.

Thanks again.

5

>Matthew, I have not been as close to the CIV work as I was a year or so ago. I will forward your request to one of the other members of the group who developed the examples in Volume 7 and see if he can assist you.
In our discussions, at the time these documents were developed we were referring to the fund manager rather than to the transfer agent, you are correct.

Robert - thanks for getting back.
>
> Looking at FIX 4.3 and 4.4 I can see lots of information on how to communicate individual orders to the fund mananger. To me, from the description, the examples look implicitly like the fund manager is taking the transfer agency role. Are there any examples where the role is performed by two different Parties.
>
> How would I communicate to and from the Transfer Agency to the Fund Manager the net number of units subscribed and redeemed, their settlement currencies and varying settlement dates? The fund manager may not be exposed to the order detail but needs the aggregate information to manage the liquidity of the fund.
>
> Thanks again.
>