This message is used to acknowledge and provide the status for an Allocation Instruction <35=J> message.
Prior to FIX 4.4, this message was known as "Allocation ACK".
The status is indicated by the AllocStatus (87) field as follows:
| AllocStatus value | Description |
|---|---|
| 3 = received, not yet processed | Used to acknowledge receipt of an Allocation Instruction <35=J> message. This should always be followed by a second Allocation Instruction Ack of status 0, 1 or 2 as follows or an Allocation Report <35=AS> message. |
| 0 = accepted | The Allocation Instruction <35=J> has been validated and processed successfully. |
| 1 = block level reject | The entire Allocation Instruction <35=J> has been rejected. The AllocRejCode (88) field must be populated when performing a block level reject; this gives the reason for rejecting the Allocation Instruction <35=J>. |
| 2 = account level reject | The Allocation Instruction <35=J> has been validated and one or more of the AllocAccount (79) details in the NoAllocs (78) repeating group has failed validation, e.g. account not found. In this case, applications can optionally include a list of the AllocAccount (79) details that failed validation, together with reject reasons. |
If AllocStatus (87) = "accepted" in response to an Allocation Instruction <35=J> with AllocType (626) = "calculated", it is recommended that the MatchStatus (573) field be used to denote whether any financial details provided in the Allocation Instruction <35=J> were matched. If a match takes place and succeeds, then the match status will be '0' (compared and affirmed). If the match takes place and fails, or no match takes place, then the MatchStatus will be '1' (uncompared or unaffirmed).
| Tag | Name | Type | Required | Description |
|---|---|---|---|---|
| Component | ||||
| 70 | String | |||
| Component | The set of "Parties" (firm identification) fields defined in "Common Components of Application Messages" | |||
| 793 | String | Optional second identifier for the allocation instruction being acknowledged (need not be unique) | ||
| 75 | LocalMktDate | |||
| 60 | UTCTimestamp | Date/Time Allocation Instruction Ack generated | ||
| 87 | Int Enum | Denotes the status of the allocation instruction; received (but not yet processed), rejected (at block or account level) or accepted (and processed) | ||
| 88 | Int Enum | Required for AllocStatus = 1 ( block level reject) and for AllocStatus 2 (account level reject) if the individual accounts and reject reasons are not provided in this message | ||
| 626 | Int Enum | |||
| 808 | Int Enum | Required if AllocType = 8 (Request to Intermediary) Indicates status that is requested to be transmitted to counterparty by the intermediary (i.e. clearing house) | ||
| 573 | Char Enum | Whetherthe financial details provided on the Allocation Instruction were successfully matched | ||
| 460 | Int Enum | |||
| 167 | String Enum | |||
| 58 | String | Can include explanation for AllocRejCode = 7 (other) | ||
| 354 | Length | Must be set if EncodedText field is specified and must immediately precede it | ||
| 355 | Data | Encoded (non-ASCII characters) representation of the Text field in the encoded format specified via the MessageEncoding field | ||
| Component | This repeating group is optionally used for messages with AllocStatus = 2 (account level reject) to provide details of the individual accounts that caused the rejection, together with reject reasons. This group should not be populated when AllocStatus has any other value. Indicates number of allocation groups to follow | |||
| Component |