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.
|Component Block - <StandardHeader>||Y||
The identifier of the PositionTransferInstruction <DL> this message is responding to.
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.
Conditionally required when TransferStatus <2442> = 1(Rejected by intermediary).
|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.
Must be set if EncodedRejectText <1665> field is specified and must immediately precede it.
Must be set if EncodedText <355> field is specified and must immediately precede it.
|Component Block - <StandardTrailer>||Y|