15.4.1 Pricing Change Message

You need to maintain the following details in the Free Format Message Template screen:

• Maintain FPML as media for the FpML formats.
• The Mapped Fax Template field is enabled only if media is FPML. The fax template code for the corresponding FPML format should be maintained.

Select the MAIL template in the MAIL tab. On selection of the MAIL template, the corresponding FpML template to which the MAIL template is mapped is arrived at and the FpML template is updated in the FPML tab.

Entity details with media as FPML is updated in the Entity section of the Free Format Message screen for the entities associated with the Contract participants for which the Send FPML option is selected. For any participant if there are no entities for which the Send FPML option is selected, the FPML tabis disabled and the FPML template is not populated.

Message Preview or Generate generates the MAIL notices and in addition, generates the FPML notice for all the entities for which the Send FPML option is selected.

Pricing change free format message is similar to the automated pricing change notice which is getting generated in the FpML format on Margin changes//Fee rate changes for Tranche contracts.

The factory-shipped templates that are provided for pricing change free format message generation are as follows:

• Fax template for Margin rate change, related event is MRFX.
• FpML template for Margin rate change, related event is MRFX.
• Fax template for Fee rate change, related event is FRFX.
• FpML template for Fee rate change, related event is FRFX

Pricing change notice for Fee Rate or Margin Rate change is generated at the tranche level. During the price change message generation, the system prompts for Schedule date (user input date) which should match with Fee/Margin rate maintenance schedule date to pick up the rate. If the date is not matching, the message tags are printed blank.

Note:

Fee rate change and Margin rate change free format messages are generated individually.