<Parties> component block – FIX 4.4 – FIX Dictionary

FIX 4.4 : <Parties> component block

Description

The Parties component block is used to identify and convey information on the entities both central and peripheral to the financial transaction represented by the FIX message containing the Parties Block. The Parties block allows many different types of entites to be expressed through use of the PartyRole <452> field and identifies the source of the PartyID <448> through the the PartyIDSource <447>.

See APPENDIX 6-G - USE OF <PARTIES> COMPONENT BLOCK for additional usage information.

Structure

Tag			Field Name	Req'd	Comments
453			NoPartyIDs	N	Repeating group below should contain unique combinations of PartyID <448>, PartyIDSource <447>, and PartyRole <452>
=>	448		PartyID	N	Used to identify source of PartyID <448>. Required if PartyIDSource <447> is specified. Required if NoPartyIDs <453> > 0.
=>	447		PartyIDSource	N	Used to identify class source of PartyID <448> value (e.g. BIC). Required if PartyID <448> is specified. Required if NoPartyIDs <453> > 0.
=>	452		PartyRole	N	Identifies the type of PartyID <448> (e.g. Executing Broker). Required if NoPartyIDs <453> > 0.
=>	802		NoPartySubIDs	N	Repeating group of Party sub-identifiers.
=>	=>	523	PartySubID	N	Sub-identifier (e.g. Clearing Acct for PartyID <448>=Clearing Firm) if applicable. Required if NoPartySubIDs <802> > 0.
=>	=>	803	PartySubIDType	N	Type of Sub-identifier. Required if NoPartySubIDs <802> > 0.