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<NestedParties4> Component Block

The NestedParties3 component block is identical to the Parties Block. It isused in other component blocks and repeating groups when nesting will take place resulting in multiple occurrences of the Parties block within a single FIX message.. Use of NestedParties4 under these conditions avoids multiple references to the Parties block withinthe same messagewhich is not allowed in FIX tag/value syntax.

Used in :

Tag Field Name FIXML Req'd Comments
1414 NoNested4PartyIDs Pty N Repeating group below should contain unique combinations of Nested4PartyID, Nested4PartyIDSource, and Nested4PartyRole.
=> 1415 Nested4PartyID @ID C

Used to identify source of Nested4PartyID. Required if Nested4PartyIDSource is specified. Required if NoNested4PartyIDs > 0.

=> 1416 Nested4PartyIDSource @Src C

Used to identify class source of Nested4PartyID value (e.g. BIC). Required if Nested4PartyID is specified. Required if NoNested4PartyIDs > 0.

=> 1417 Nested4PartyRole @R C

Identifies the type of Nested4PartyID (e.g. Executing Broker). Required if NoNested4PartyIDs > 0.
=> 2383 Nested4PartyRoleQualifier @Qual N

Used to further qualify the value of Nested4PartyRole(1417).
=> <NstdPtys4SubGrp> N

When this element is specified and set to 'Y', it indicates that common pricing applies. Common pricing may be relevant for a transaction that references more than one commodity reference price.

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