Settlement Obligation Report sample msg in FIX-5.0_SP2_VOL-7.pdf

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Imported from previous forum

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Hi,

I am a little confused with the sample msg for Settlement Obligation Report in FIX-5.0_SP2_VOL-7.pdf, page 189.

amt as fowllowing:

1157=1000000 // [1] CcyAmt - net flow of currency 1 (positive means firm receiving)
119=-1200000 // [1] SettlCurrAmt - net flow of currency 2 (negative
means firm paying)

ccy are:

15=EUR // [1] Currency - currency 1, the “dealt” currency
120=USD // [1] SettlCurrency - currency 2, the “contra” currency

settle a/c 1
781=1 // [1.1.] NoSettlPartyIds
782= XABC12345XXX // [1.1.1] SettlPartyID
783=B // [1.1.1] SettlPartyIDSource - BIC
784=10 // [1.1.1] SettlPartyRole - settlement location
801=1 // [1.1.1] NoSettlPartySubIDs
785= Acct12345 // [1.1.1.1] SettlPartySubIDs
786=15 // [1.1.1.1] SettlPartySubIDType - cash account number

settle a/c 2

781=1 // [1.2] NoSettlPartyIds
782= XDEF5678XXX // [1.2.1] SettlPartyID
783=B // [1.2.1] SettlPartyIDSource - BIC
784=10 // [1.2.1] SettlPartyRole - settlement location
801=1 // [1.2.1] NoSettlPartySubIDs
785= Acct56789 // [1.2.1.1] SettlPartySubIDs
786=15 // [1.2.1.1] SettlPartySubIDType - cash account number

My question is:

Does it mean:

Acct12345 will receive 1000000 EUR

and

Acct5678 will pay 1200000 USD

full msg attached as below.

thanks in advance for any comments.

++++++++++++++++++++++++++++++++++
Settlement Obligation Report
The example below shows an example of the Settlement Obligation Report from a central counterparty.
35=BQ //MsgType - Settlement Obligation Report
49=CCP //SenderCompID - the central counterparty
56=ClientA //TargetCompID - the receiver/client of the CCP
715=20060929 //ClearingBusinessDate
1160=123456 //SettlObligMsgID
1159=2 //SettlObligMode - Final
1153=3 //SettlmentCycleNo
60=20060929-16:45:15.006 //TransactTime
1165=1 //NoSettlOblig - 1 instance
430=1 // [1] NetGrossInd - Net
1161=7654321 // [1] SettlObligID
1162=N // [1] SettlObligTransType - New
1157=1000000 // [1] CcyAmt - net flow of currency 1 (positive means firm receiving)
119=-1200000 // [1] SettlCurrAmt - net flow of currency 2 (negative means firm paying)
15=EUR // [1] Currency - currency 1, the “dealt” currency
120=USD // [1] SettlCurrency - currency 2, the “contra” currency
155=1.2 // [1] SettlCurrFxRate - rate
64=20061002 // [1] SettlDate
207=FXM // [1] SecurityExchange
48=EURUSD // [1] SecurityID
22=8 // [1] SecurityIDSource - Exchange Symbol
200=20061002 // [1] MaturityMonthYear
461=FFCPNO // [1] CFICode
167=FOR // [1] SecurityType - foreign exchange contract
453=6 // [1] NoParties - 6 instances
448=CME // [1.1] PartyID
447=H // [1.1] PartyIDSource - CSD participant/member code
452=21 // [1.1] PartyRole - clearning organization
448=350 // [1.2] PartyID
447=H // [1.2] PartyIDSource - CSD participant/member code
452=4 // [1.2] PartyRole - clearing firm
448=CME // [1.3] PartyID
447=H // [1.3] PartyIDSource - CSD participant/member code
452=22 // [1.3] PartyRole - exchange
448=350 // [1.4] PartyID
447=H // [1.4] PartyIDSource - CSD participant/member code
452=1 // [1.4] PartyRole - executing firm
448=350 // [1.5] PartyID
447=H // [1.5] PartyIDSource - CSD participant/member code
452=38 // [1.5] PartyRole - position account
802=1 // [1.5] NoPartySubIDs
523=1 // [1.5.1] PartySubID
803=26 // [1.5.1] PartySubIDType - position account type
448=CUST1234 // [1.6] PartyID
447=H // [1.6] PartyIDSource - CSD participant/member code
452=24 // [1.6] PartyRole - customer account
1158=2 // [1] NoSettlDetails
1164=1 // [1.1] SettlObligSource - broker’s instructions
781=1 // [1.1.] NoSettlPartyIds
782= XABC12345XXX // [1.1.1] SettlPartyID
783=B // [1.1.1] SettlPartyIDSource - BIC
784=10 // [1.1.1] SettlPartyRole - settlement location
801=1 // [1.1.1] NoSettlPartySubIDs
785= Acct12345 // [1.1.1.1] SettlPartySubIDs
786=15 // [1.1.1.1] SettlPartySubIDType - cash account number
1164=2 // [1.2] SettlObligSource - institutions instructions
781=1 // [1.2] NoSettlPartyIds
782= XDEF5678XXX // [1.2.1] SettlPartyID
783=B // [1.2.1] SettlPartyIDSource - BIC
784=10 // [1.2.1] SettlPartyRole - settlement location
801=1 // [1.2.1] NoSettlPartySubIDs
785= Acct56789 // [1.2.1.1] SettlPartySubIDs
786=15 // [1.2.1.1] SettlPartySubIDType - cash account number