Margin Static data

, ,
1

Imported from previous forum

2

[ original email was from Juergen Schwibs - Juergen.Schwibs@seb.se ]
Has someone any idea, which FIX message I can use to transfer margins as static data to a client. The idea behind is, that we want to send raw price data to an financial platform, who is connected to us via FIX 4.3 and to many customers on the other side, who will then calculate the different prices including margins and spread them out to the clients.

For this purpose we have to transfer our static data for margins to this platform on request.

Any ideas ?

Thanks
Jürgen

3

[ original email was from Gerard Fritsch - gfritsch@theocc.com ]
For Price data, the Market Data Report can be used. Specify the Instrument and then use the MDEntryType tag to define the type of price. For static margin data that is instrument specific I do not know of a message that specifically meets your needs but two workarounds could be:
(1) Investigate the Collateral Management Reports. I don’t think these will fit your needs as they are more for assigning collateral (margin) on a trade-by-trade basis but you may want to take a look.
(2) Use the Market Data Report messages and propose a new enumeration to the MDEntryType tag for Margin Amount. This seems like a better fit for your purpose since you can assign a static margin amount to a given instrument.

> Has someone any idea, which FIX message I can use to transfer margins as static data to a client. The idea behind is, that we want to send raw price data to an financial platform, who is connected to us via FIX 4.3 and to many customers on the other side, who will then calculate the different prices including margins and spread them out to the clients.
>
> For this purpose we have to transfer our static data for margins to this platform on request.
>
> Any ideas ?
>
> Thanks
> Jürgen
>