Item D22: In Volume 4 (Cash Bonds, Phase 2) – Scenario CLOB39 – Should the SecurityStatus(f) message be used instead of TradingSessionStatus(h)?

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Imported from previous forum

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In the Best Practices for Trading Fixed Income Instruments – Cash Bonds, Phase 2 – Volume 4 (CLOB Model Workflows), Scenario CLOB39 recommends the usage of the TradingSessionStatus(h) message for notifying the workup session status.

Another possible approach is to use the SecurityStatus(f) message. The reason for choosing the TradingSessionStatus message is that it already has a tag to denote the end time of the session (TradSesEndTime-345).

Do you see a need to modify this scenario to use SecurityStatus(f) instead?