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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):

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.

Structure

TagNameTypeRequiredDescription
Component
Required
777String
Required
Unique identifier for this message
791StringOnly used when this message is used to respond to a settlement instruction request (to which this ID refers)
160Char Enum
Required
1=Standing Instructions, 2=Specific Allocation Account Overriding, 3=Specific Allocation Account Standing , 4=Specific Order, 5=Reject SSI request
792Int EnumRequired for SettlInstMode = 5. Used to provide reason for rejecting a Settlement Instruction Request message
58StringCan be used to provide any additional rejection text where rejecting a Settlement Instruction Request message
354Length
355Data
11StringRequired for SettlInstMode=4
60UTCTimestamp
Required
Date/time this message was generated
ComponentRequired except where SettlInstMode is 5=Reject SSI request
Component
Required