TAG 576

, ,
1

Imported from previous forum

2

Hi floks,

Is TAG 576 mandatory when TAG 577(1 occurance) is present?

Thanks!!

3

Tag 577 is required if tag 576 is present.

Hi floks,

Is TAG 576 mandatory when TAG 577(1 occurance) is present?

Thanks!!

4

Tag 577 is required if tag 576 is present.

Hi floks,

Is TAG 576 mandatory when TAG 577(1 occurance) is present?

Thanks!!

Thanks for the quick Response.
My question is the other way around…
Is Tag 576 required if Tag 577 is Present in a FIX message?

5

Tag 577 is required if tag 576 is present.

Hi floks,

Is TAG 576 mandatory when TAG 577(1 occurance) is present?

Thanks!!

Thanks for the quick Response. My question is the other way around… Is
Tag 576 required if Tag 577 is Present in a FIX message?

Tag 576 (NoClearingInstructions) is a counter tag of repeating group which contains tag 577 (ClearingInstruction). So if only tag 577 is present - message is garbled. Tag 576 should be used before tag 577.

6

Tag 577 is required if tag 576 is present.

Hi floks,

Is TAG 576 mandatory when TAG 577(1 occurance) is present?

Thanks!!

Thanks for the quick Response. My question is the other way around…
Is Tag 576 required if Tag 577 is Present in a FIX message?

Tag 576 (NoClearingInstructions) is a counter tag of repeating group
which contains tag 577 (ClearingInstruction). So if only tag 577 is
present - message is garbled. Tag 576 should be used before tag 577.

That really helps!! Thanks Taras :slight_smile:

7

Vol. 1 pg. 19 of the FIX 5.0 Specifications gives an example of a repeating group. In it, the comments for the NoXXX field claims that the NoXXX field os required if any of the repeating group fields are present. So, if we follow the example, tag 576 is required if tag 577 is present.
I see your point, though. Perhaps this issue has been resolved somewhere in one of these forums. My advice: If you want to stay out of trouble then always populate the NoXXX field even if its value is 1.

Tag 577 is required if tag 576 is present.

Hi floks,

Is TAG 576 mandatory when TAG 577(1 occurance) is present?

Thanks!!

Thanks for the quick Response. My question is the other way around… Is
Tag 576 required if Tag 577 is Present in a FIX message?

8

In a repeating group construct, the NoXXX field is required if any of the fields within the repeating group is used, even if there is only one instance as Greg pointed out.

If you need to use tag 576 you must populate tag 577, even if 577=1.

Vol. 1 pg. 19 of the FIX 5.0 Specifications gives an example of a
repeating group. In it, the comments for the NoXXX field claims that the
NoXXX field os required if any of the repeating group fields are
present. So, if we follow the example, tag 576 is required if tag 577 is
present. I see your point, though. Perhaps this issue has been resolved
somewhere in one of these forums. My advice: If you want to stay out of
trouble then always populate the NoXXX field even if its value is 1.

Tag 577 is required if tag 576 is present.

Hi floks,

Is TAG 576 mandatory when TAG 577(1 occurance) is present?

Thanks!!

Thanks for the quick Response. My question is the other way around…
Is Tag 576 required if Tag 577 is Present in a FIX message?