Settlement Instructions

T Settlement Instructions

This message provides instructions for trade settlement. It's been designed so that it can be sent between different types of institutions.

This message can be used in one of three modes, using SettlInstMode (160):

To provide "standing instructions" for the settlement of trades occurring in the future. It can provide multiple settlement instructions. It could either be unsolicited or sent in response to a Settlement Instruction Request <35=AV>.
To reject a Settlement Instruction Request <35=AV>
To provide settlement instructions for a specific order. ClOrdID (11) should be used to link the settlement instructions to the corresponding order.

The settlement instructions can be either explicitly specified using the SettlInstructionsData component, or can exist within an independent database and be referenced using the StandInstDbType (169), StandInstDbName (170), and StandInstDbID (171) fields.

Tag	Name	Type	Description
	StandardHeader	Component
777	SettlInstMsgID	String	Unique identifier for this message
791	SettlInstReqID	String	Only used when this message is used to respond to a settlement instruction request (to which this ID refers)
160	SettlInstMode	Char Enum	1=Standing Instructions, 2=Specific Allocation Account Overriding, 3=Specific Allocation Account Standing , 4=Specific Order, 5=Reject SSI request
792	SettlInstReqRejCode	Int Enum	Required for SettlInstMode = 5. Used to provide reason for rejecting a Settlement Instruction Request message
58	Text	String	Can be used to provide any additional rejection text where rejecting a Settlement Instruction Request message
354	EncodedTextLen	Length
355	EncodedText	Data
11	ClOrdID	String	Required for SettlInstMode(160) = 4 and when referring to orders that where electronically submitted over FIX or otherwise assigned a ClOrdID
60	TransactTime	UTCTimestamp	Date/time this message was generated
	SettlInstGrp	Component	Required except where SettlInstMode is 5=Reject SSI request
	StandardTrailer	Component