Reporting bunch of pre-agreed trades

, ,
1

Imported from previous forum

2

Hi Vindya,

Consider sending a single TCR message per trade and link the set of trades (package) using the following fields:

  • TotNumTradeReports(748) [Total number of trades in the set / package]
  • TradeNumber(2490) [Ordinal number of the trade within a set]
  • PackageID(2489) [identifier of the set]

This will allow you flexibility with counter-parties…

I hope this helps,
Yuval

3

Hi,

How does FIX support submitting a set of pre agreed trades taken place for different securities with multiple counter parties in a single message? Is there a special repeating block we can use? The closest I could find is “ InstrmtLegGrp” repeating block (in new order cross message and TCR), but we cannot specify the respective counter party of each leg of the trade in that repeating block. Any opinion would be greatly appreciated.

Thanks,

4

Thanks a lot Yuval, I will have a look at the fields you have mentioned.