2.23 Redemption Bulk Order Confirmation

This topic provides information on Redemption Bulk Order Confirmation and its tags in messages.

Redemption Bulk Order Confirmation Message

This message is sent by an executing party to a intermediary party or to another intermediary party. The Redemption Bulk Order Confirmation message is sent, after the price has been determined, to confirm the execution of all individual orders. There is usually one bulk confirmation message for one bulk order message.

For all incoming messages, FCIS will be able to set the status of transactions based on the individual ‘Order Reference’ number. For outgoing messages, the system will be able to generate the confirmation message only after allocation.

FCIS will allow the generation of this message in an automated way (based on certain event that is triggered in the system), or manually.

This topic contains the following sub-topics:

• Tags in Messages
  This topic provides information on Redemption Bulk Order Confirmation and its tags in messages.