Looking for commonly used Mutual Fund FIX specification

1

We are starting building mutual fund session, wondering if there is any commonly used specification in the FIX world. Our initial thought is to go for FIX 4.4, use message 35=D and put all the mutual fund special fields in the stipulation block. Is there any better solution?

Thanks & Regards,

Jue

2

It is difficult to answer this question without knowing more about your requirements. Fortunately, guidance is provided in volume 7 of the FIX 4.4 specification. See section “Product: Collective Investment Vehicles (CIV)”, which includes mutual funds.

The Stipulations component is intended for Fixed Income securities.

3

Thanks for your response. There are many MF related indicators such as DividenedIndicator we need to put into a tag which fit a commonly used a way.

4

Please also check FIX Latest (http://fiximate.fixtrading.org/latestEP), e.g. the new DividendConditions component which contains a number of indicators.

image