2.17 Subscription Bulk Order Confirmation

This topic provides the information on Subscription Bulk Order Confirmation.

Subscription Bulk Order Confirmation Message

This message is sent by an executing party to an intermediary party. This message is used to confirm the details of the execution of a Subscription Bulk Order message.

The Subscription 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 set the status of transactions based on individual ‘Order Reference’ number.

For outgoing message, FCIS will generate the confirmation message only after allocation.

FCIS will allow generation of this message in an automated way (based on certain events triggered in the system, which have to be set for the message), or manually.

This topic contains the following sub-topics:

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