Scope
Sent by an executing party to an instructing party directly or through Central Matching Utility (CMU) to cancel the referenced SecuritiesTradeConfirmation message that was previously sent. The instructing party is typically the investment manager or an intermediary system/vendor communicating on behalf of the investment manager or of other categories of investors. The executing party is typically the broker/dealer or an intermediary system/vendor communicating on behalf of the broker/dealer. It may also be used to cancel the trade confirmation previously sent from an executing party or an instructing party to a custodian or an affirming party directly or through CMU. The ISO 20022 Business Application Header must be usedUsage
Initiator: Both in local and central matching, the Initiator may be either the Executing Party or Instructing Party. Respondent: Instructing party, a custodian or an affirming party optionally responds with SecuritiesTradeConfirmationResponse (accept or reject) message.Outline
The SecuritiesTradeConfirmationCancellationV02 MessageDefinition is composed of 4 MessageBuildingBlocks:
- Identification — Information that unambiguously identifies an SecuritiesTradeConfirmationCancellation message as known by the account owner (or the instructing party acting on its behalf).
- References — Link to another transaction that must be processed after, before or at the same time.
- Other Business Parties — Chain of parties involved in the settlement of a transaction, including receipts and deliveries, book transfers, treasury deals, or other activities, resulting in the movement of a security or amount of money from one account to another.
- Supplementary Data — Additional information that cannot be captured in the structured elements and/or any other specific block.
SecuritiesTradeConfirmationCancellationV02
SctiesTradConfCxl
Mandatory
Type: SecuritiesTradeConfirmationCancellationV02
Mandatory
Refs
Repetition (0..n)
OthrBizPties
Optional
SplmtryData
Repetition (0..n)