<Parties> Component Block

The Parties component block is used to identify and convey information on the entities both central and peripheral to the financial transaction represented by the FIX message containing the Parties Block. The Parties block allows many different types of entites to be expressed through use of the PartyRole (452) field and identifies the source of the PartyID (448) through the the PartyIDSource.

See Volume 6 - APPENDIX 6-G-USE OF <PARTIES> COMPONENT BLOCK for additional usage information..

Used in :

Tag Field Name FIXML Req'd Comments
453 NoPartyIDs Pty N Repeating group below should contain unique combinations of PartyID, PartyIDSource, and PartyRole
=> 448 PartyID @ID C

Required if NoPartyIDs(453) > 0.

Identification of the party.

=> 447 PartyIDSource @Src C

Required if NoPartyIDs(453) > 0.

Used to identify classification source.

=> 452 PartyRole @R C

Required if NoPartyIDs(453) > 0.

Identifies the type of PartyID(448).

=> 2376 PartyRoleQualifier @Qual N

Used to further qualify the value of PartyRole(452).

=> <PtysSubGrp> N

Repeating group of Party sub-identifiers.