[This message was posted by Vitalina Marynenko of EPAM <[email protected]> to the "Fixed Income" discussion forum at http://fixprotocol.org/discuss/6. You can reply to it on-line at http://fixprotocol.org/discuss/read/e8f21afc - PLEASE DO NOT REPLY BY MAIL.]
How can I use 5525 field for Trade Capture Report (AE) message? > There is a Custom Tag "Haircut" (5525) used in Execution Reports, the > description is > > "This term describes the way brokers and clients protect themselves from > market risk in doing repos." > > http://fixprotocol.org/specifications/fields/5000-5999 > > > > Hi! I'm wondering to know what FIX fields are appropriate for the > > > following repo terms: > > > 1. REPO value - it's cash amount which buyer pays for seller in > > > first part of REPO but not market value of securities which are > > > collateral. That's means that value of collateral as ussual > > > should be more than value of loan. Can I use StartCash (921) > > > field for this purpose? > > > 2. Reverse REPO value - it's cash amount which initial seller should > > > return to initial buyer in second part of REPO. Can I use EndCash > > > (922) for this purpose? > > > 3. Refund rate - fixed rate of refunding in case when second part of > > > REPO isn't executed. > > > 4. Repo value after margin call was complied. > > > 5. Current haircut (discount) which is recalculated after margin > > > call was complied. > > > > > > Please help me, ASAP. Any information will be appreciated. > > > > I haven't worked on Repos over FIX for quite some time but I can > > definately tell you that StartCash and EndCash (921,922) are the > > tags to use in a Repo Transaction for the initial payment and the > > closing payment [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 -~----------~----~----~----~------~----~------~--~---
