[This message was posted by John Christie of Christie Consulting, LLC <[email protected]> to the "Product Discussion" discussion forum at http://fixprotocol.org/discuss/24. You can reply to it on-line at http://fixprotocol.org/discuss/read/465decc0 - PLEASE DO NOT REPLY BY MAIL.]
Has anyone, using the FIX4.2 version, any idea how corporate action notices can be processed? Simple corporate actions (TAG378) look pretty straight forward, but the free-form nature of Dividend Notices and offerings carry more information that FIX4.2 can account for. The CMS system that FIX is replacing was more conducive to this type of messaging. Any suggestions? John Christie Sungard Brokerage Systems [email protected] Below is an example of a div notice from Pershing: FBS 1 021909/0748 ATTN: ACCOUNT EXECUTIVE SONY MALHOTRA 02/19/09 * * * IMPORTANT NOTICE – TIME CRITICAL * * * * * EXPIRING OFFER NOTICE * * * MULTIPLE OFFER *I RE: GLAXOSMITHKLINE PLC SHS ISIN#GB0009252882 CASH OPTION NOTICE HAS BEEN RECEIVED OF AN OPTIONAL DIVIDEND TO HOLDER OF EX DATE 02/11/09, RECORD DATE 02/13/09 THE PAYABLE DATE IS 04/09/09 ALL SHAREHOLDERS SHOULD CONSULT THEIR PROFESSIONAL ADVISORS CONCERVING TAXATION C - 07:48 02/19/09 -0289 [You can unsubscribe from this discussion group by sending a message to mailto:[email protected]] --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Google Groups "Financial Information eXchange" group. To post to this group, send email to [email protected] To unsubscribe from this group, send email to [email protected] For more options, visit this group at http://groups.google.com/group/FIX-Protocol?hl=en -~----------~----~----~----~------~----~------~--~---
