2.33 Switch Order Cancellation Instruction

This topic provides information on Switch Order Cancellation Instruction and its tags in messages.

Switch Order Cancellation Instruction Message

The Switch Order Cancellation Instruction message is sent by an instructing party to an executing party. There may be one or more intermediary parties between the instructing party and the executing party.

The Switch Order Cancellation Instruction message is used to cancel the entire previously sent order message and all the individual legs that it contained. There is no amendment, but a cancellation and re-instruct policy.

For incoming Switch order cancellations, FCIS will process the reversals based on the tags Previous Reference or Cancellation ByOrder Details  Switch Order Details  Order Reference.

FCIS will allow generation of this message in an automated way (based on a 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 Switch Order Cancellation Instruction and its tags in messages.