Description

The PositionTransferInstructionAck <DM> is sent by CCPs to clearing firms to acknowledge position transfer instructions, and to report errors processing position transfer instructions.

The PositionTransferInstructionAck <DM> is intended to be a technical acknowledgment, not a business level acknowledgment which would instead be provided by the PositionTransferReport <DN> message. As such, TransferID <2437>, a business level ID assigned by the CCP, need not be assigned when providing a technical acknowledgment to a new or rejected position transfer request.

Structure

Tag Field Name Req'd Comments
Component Block - <StandardHeader> Y

MsgType=DM

2436 TransferInstructionID Y

The identifier of the PositionTransferInstruction <DL> this message is responding to.

2437 TransferID N

Optional when responding to a "new" transfer. When responding to a PositionTransferInstruction (DL) accepting, declining, or cancelling a transfer already initiated, this field can echo the TransferID <2437> sent.

2439 TransferTransType N
2440 TransferType N
2442 TransferStatus N
2443 TransferRejectReason N

Conditionally required when TransferStatus <2442> = 1(Rejected by intermediary).

2441 TransferScope N
Component Block - <Parties> N

Specifies the source of the position transfer, e.g. the transferor.

Component Block - <TargetParties> N

Specifies the target of the position transfer.

60 TransactTime N
1328 RejectText N
1664 EncodedRejectTextLen N

Must be set if EncodedRejectText <1665> field is specified and must immediately precede it.

1665 EncodedRejectText N

Encoded (non-ASCII characters) representation of the RejectText <1328> field in the encoded format specified via the MessageEncoding <347> field.

58 Text N
354 EncodedTextLen N

Must be set if EncodedText <355> field is specified and must immediately precede it.

355 EncodedText N

Encoded (non-ASCII characters) representation of the Text <58> field in the encoded format specified via the MessageEncoding <347> field.

Component Block - <StandardTrailer> Y