Imported from previous forum
The Global Technical Committee has reviewed and preliminarily approved the Allocation Gap Analysis. The document now enters a public comment period in which public review and feedback is encouraged. Once the Public Comment period closes, the Global Technical Governance Board will meet to review public comments before final approval.
Please post feedback, comments, and questions as replies to this discussion thread.
A link to the proposal can be found at:
http://www.fixprotocol.org/documents/5343/FPL_Gap_Analysis_FIAPTWG_Allocations_Gap_Analysis_v1-0.doc
The public comment period ends on September 8, 2010
The following additions to the Allocations Gap Analysis were proposed and discussed at today’s (9/9/10) FIAPTWG call:
AllocReportType (794):
TBD = Request Update to Accepted Allocation [Used when the claiming firm requests an update to an allocation that they have claimed]
TBD = Accepted Allocation Updated [Used when the CCP accepts an update to an accepted allocation]
TBD = Sub Allocation Request [Used to request a sub allocation, e.g. the claiming firm then allocates to a new claiming firm]
TBD = Cancel Group [Used to cancel an incomplete allocation group, which unmarks the trades from the group]
TBD = Request Reversal [Used to request than an accepted allocation be reversed]
TBD = Cancel Reversal [Used so the firm that submits a reversal can cancel the reversal.]
TBD = Reversal Cancelled [Used to indicate to the firm that has not yet accepted the reversal that the reversal has now been cancelled, and the allocation has gone back to Accepted state.]
AllocStatus (87):
TBD = Reversal Pending [Used during reversal requests]
TBD = Rejected Reversal [Used when a reversal is rejected]