The Global Technical Committee has reviewed and preliminarily approved the Post Post-Trade Confirmation Payment proposal submitted by the FIX Global Post-Trade Working Group. The purpose of this document is to provide a post post-trade confirmation message flow for reconciliation and agreement of cash movement activities between an Investment Manager and its Broker to meet obligations during the life of the a contract.
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-post-post-trade-confirmation-payments/
The public comment period ends on June 21, 2019.