OrderConfirmationStatusReportV03 (OrdrConfStsRpt)

Scope

The OrderConfirmationStatusReport message is sent by an instructing party, for example, an investment manager or its authorised representative, to the executing party, for example, a transfer agent, to report the status of an order confirmation or an order confirmation amendment.

Usage

The OrderConfirmationStatusReport message is used to report on the status of one or more individual: - subscription confirmations, - subscription confirmation amendments, - redemption confirmations, - redemption confirmation amendments, - switch order confirmations, - switch order confirmation amendments. One of the following statuses can be reported: - confirmation rejected, or, - amendment rejected, or, - sent to next party, or, - communication problem with next party, or, - confirmation accepted, or, - confirmation received. It is likely that the OrderConfirmationStatusReport is only sent by the order instructing party to the order executing party to reject an order confirmation or to reject an order confirmation amendment, although if an intermediary party is used, the statuses sent to next party and communication problem with next party are also likely be used. The statuses confirmation accepted and confirmation received would only be used in the event the order executing party sends a RequestForOrderConfirmationStatusReport message and one of the other statuses does not apply. If the status being reported is either confirmation rejected or amendment rejected, then a reason for the rejection must be given. The individual order confirmation or confirmation amendment for which the status is given is identified with its order reference. The message identification of the message in which the individual order confirmation or confirmation amendment was conveyed may also be quoted in RelatedReference, but this is not recommended.

Outline

The OrderConfirmationStatusReportV03 MessageDefinition is composed of 4 MessageBuildingBlocks:

Message Identification — Reference that uniquely identifies the message from a business application standpoint.
Reference — Reference to the message or communication that was previously received.
Individual Order Confirmation Details Report — Status report details of an individual order confirmation.
Extension — Additional information that cannot be captured in the structured elements and/or any other specific block.

OrderConfirmationStatusReportV03

OrdrConfStsRpt

Mandatory

Type: OrderConfirmationStatusReportV03

Message Identification

MsgId

Mandatory

Reference

Ref

Optional

Individual Order Confirmation Details Report

IndvOrdrConfDtlsRpt

Repetition (1..n)

Extension

Xtnsn

Repetition (0..n)