Settlement Instruction Request (MsgType = AV, FIXML = SettlInstrctnReq)

The Settlement Instruction Request (AV) message is used to request standing settlement instructions from another party. This could be:

• A buyside firm requesting standing instructions from a sellside firm.
• A sellside firm requesting standing instructions from a buyside firm.
• A sellside or buyside firm requesting standing instructions from a third party central static data database.
• A third party central static data database requesting standing instructions from a sellside or buyside firm.

Settlement instructions (T) can be requested for any combination of the following parameters (in addition to the party whose instructions are being requested):

• AllocAccount (79)
• Country (421) (of settlement)
• Side (54)
• SecurityType (167) (and/or CFICode (461) )
• SettlDeliveryType (172) (i.e. DVP vs. FOP)
• EffectiveTime (168) (i.e. all instructions valid at any time from this date/time)
• Expiry Time (i.e. all instructions valid until this date/time)
• Last update time (i.e. all instructions created or updated since this date/time)

Alternatively, settlement instructions (T) can be queried by reference to a database of standing instructions using the identifiers of that database as follows:

• Database id
• Database name
• Id of the settlement instructions on this database

The response to such a request should be a Settlement Instruction (T) message with SettlInstTransType (163) "New" containing all SSIs meeting the criteria specified in the Settlement Instruction request (AV) . If the request cannot be processed, the request should be rejected with a Settlement Instruction (T) message with SettlInstTransType (163) "Request rejected". Similarly, if the request returns no data, the request should be rejected with a Settlement Instruction (T) message with SettlInstTransType (163) "No matching data found".