The Global Technical Committee has reviewed and preliminarily approved the AllocationInstructionAlertRequest Proposal. The purpose of this document is to provide enhancements required to support a new average pricing concept for allocated trades called Notional Value Average Price (NVAP). Enhancements include new values for AllocType (626) and AvPxIndicator (819), as well as extension to the AllocGrp component, the AllocationInstructionAlert (35=J) message, and a new AllocationInstructionAlertRequest (35=tbd) message.
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: https://www.fixtrading.org/packages/fix-protocol-ga-allocationinstructionalertrequest-proposal/
The public comment period ends on November 14, 2017.