[This message was posted by Hanno Klein of Deutsche Börse Systems 
<[email protected]> to the "General Q/A" discussion forum at 
http://fixprotocol.org/discuss/22. You can reply to it on-line at 
http://fixprotocol.org/discuss/read/c6a075ca - PLEASE DO NOT REPLY BY MAIL.]

The new field InstrumentPartyStatus conveys dynamic information as it can 
change "numerous times throughout the day". It seems that this information 
should not be part of the <InstrumentParties> block which conveys primarily 
static information about a security.

I assume this information goes out on state change messages, i.e. 
SecurityStatus. It should then reside as a standalone field similar to 
SecurityTradingStatus and should be called differently. I suggest 
SecurityParticipationType or SecurityParticipationLevel. It would describe the 
type/level of participation (market making) a user can expect in this security. 
Additionally, one can define one or more market makers in the 
<InstrumentParties> block (nested inside the <Instrument> block when conveying 
reference data, e.g. with the SecurityDefintion message.

Regards,
Hanno.

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