15.8.3 Processing of Trade Update Notice Message in LB Module
When any Trade Update Notice message with Suspended status is processed for a Markit trade id, the trade is enabled and you can process it further.
System consumes the Syndicated Loan Trade Notice message for trade that is suspended.
System also consumes this notice any number of times before processing the following
messages.
- Submit Agency Update Notice
- Trade Update Notice with Cancelled or Removed status
Markit does not send the Syndicated Loan Trade Notice message again for the allocation which is closed.
Parent topic: Messages from Markit for Trade Settlement