FIX 5.0 : <NestedParties> component block

Structure | Used In

Description

The Nested<Parties> component block is identical to the <Parties> Block. It is used in other component blocks and repeating groups when nesting will take place resulting in multiple occurrences of the <Parties> block within a single FIX message.. Use of Nested<Parties> under these conditions avoids multiple references to the <Parties> block within the same message which is not allowed in FIX tag/value syntax.

Structure

Tag Field Name Req'd Comments
539 NoNestedPartyIDs N Number of NestedPartyID (524), NestedPartyIDSource (525), and NestedPartyRole (538) entries
=> 524 NestedPartyID N Used to identify source of NestedPartyID. Required if NestedPartyIDSource is specified. Required if NoNestedPartyIDs > 0.
=> 525 NestedPartyIDSource N Used to identify class source of NestedPartyID value (e.g. BIC). Required if NestedPartyID is specified. Required if NoNestedPartyIDs > 0.
=> 538 NestedPartyRole N Identifies the type of NestedPartyID (e.g. Executing Broker). Required if NoNestedPartyIDs > 0.
=> Component Block - <NstdPtysSubGrp> N Repeating group of NestedParty sub-identifiers.

Used In