Message SettlementInstructions (T)

The Settlement Instructions message provides the broker’s, the institution’s, or the intermediary’s instructions for trade settlement. This message has been designed so that it can be sent from the broker to the institution, from the institution to the broker, or from either to an independent "standing instructions" database or matching system or, for CIV, from an intermediary to a fund manager.

Added in protocol FIX.4.1

See in: FIX.4.1, FIX.4.2, FIX.4.3, FIX.4.4, FIX.5.0, FIX.5.0SP1, FIX.5.0SP2 EP240.

Field or Component Name Description Is Required Added Is Deprecated
Block StandardHeader MsgType = T Y FIX.4.1
777 SettlInstMsgID Unique identifier for this message Y FIX.4.4
791 SettlInstReqID Only used when this message is used to respond to a settlement instruction request (to which this ID refers) FIX.4.4
160 SettlInstMode 1=Standing Instructions, 2=Specific Allocation Account Overriding, 3=Specific Allocation Account Standing , 4=Specific Order, 5=Reject SSI request Y FIX.4.1
792 SettlInstReqRejCode Required for SettlInstMode = 5. Used to provide reason for rejecting a Settlement Instruction Request message. FIX.4.4
58 Text Can be used to provide any additional rejection text where rejecting a Settlement Instruction Request message. FIX.4.4
354 EncodedTextLen FIX.4.4
355 EncodedText FIX.4.4
11 ClOrdID Required for SettlInstMode (160) = 4 and when referring to orders that where electronically submitted over FIX or otherwise assigned a ClOrdID. FIX.4.3
60 TransactTime Date/time this message was generated Y FIX.4.1
ImplicitBlockRepeating SettlInstGrp Required except where SettlInstMode is 5=Reject SSI request FIX.4.4
Block StandardTrailer Y FIX.4.1