[This message was posted by Robert Mitchell of NYU <[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/90a4d632 - PLEASE DO 
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So, does anyone know why FinancingDetails shouldn't be part of the Instrument?  
We have all the fields that allow one to specify an Instrument as a REPO, 
Product (460), SecurityType (167), SecuritySubType (762), but there is no way 
to indicate the TerminationType (788) or the Start and End Dates (916, 917) or 
the other fields of <FinancingDetails>.


> Exactly, I want to be able to accept orders and provide market data
> quote updates on a standard overnight gcf repo.
> 
> > The FinancingDetails component block is a separate component block
> > from the Instrument component block. The FinancingDetails component
> > block is in many messages including IOI, Order messages, Quote
> > messages, TradeCapture messages.
> >
> > Which messages are you looking to use? By "standardize a financing
> > arrangement" are you looking to defined a "standardized" repo to
> > be traded?
> >
> > > I'd like to be able to offer clients a standard ON REPO. The problem
> > > I'm running into is the lack of a FinancingDetails block in the
> > > Instrument definition.
> > >
> > > FinancingDetails is associated only with IOIs and NewOrder...
> > > messages. Is there any way in the existing specification to
> > > standardize a financing arrangement as an Instrument?


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