Tag 577
ClearingInstruction
Abbreviation:
ClrngInstrctnDescription
Eligibility of this trade for clearing and central counterparty processing
Wire Format & Usage Example
Single field (key=value)
577=0 (ProcessNormally)
In a FIX message (AllocationInstruction)
8=FIX.4.4 | 9=... | 35=J | 49=SENDER | 56=TARGET | 34=1 | 52=20240101-09:30:00.000 | … | 577=0 (ProcessNormally) | … | 10=...
Fields are delimited by SOH (ASCII 0x01), shown here as " | ". The highlighted field 577=0 (ProcessNormally) is this field's position in the message.
All valid values
| Wire | Name | Description |
|---|---|---|
577=0 | ProcessNormally | process normally |
577=1 | ExcludeFromAllNetting | exclude from all netting |
577=2 | BilateralNettingOnly | bilateral netting only |
577=3 | ExClearing | ex clearing |
577=4 | SpecialTrade | special trade |
577=5 | MultilateralNetting | multilateral netting |
577=6 | ClearAgainstCentralCounterparty | clear against central counterparty |
577=7 | ExcludeFromCentralCounterparty | exclude from central counterparty |
577=8 | ManualMode | Manual mode (pre-posting and/or pre-giveup) |
577=9 | AutomaticPostingMode | Automatic posting mode (trade posting to the position account number specified) |
577=10 | AutomaticGiveUpMode | Automatic give-up mode (trade give-up to the give-up destination number specified) |
577=11 | QualifiedServiceRepresentativeQSR | Qualified Service Representative (QSR) - |
577=12 | CustomerTrade | Customer Trade |
577=13 | SelfClearing | Self clearing |
Enumerated Values
14| Value | Symbolic Name | Description | Added |
|---|---|---|---|
| 0 | ProcessNormally | process normally | FIX.4.3 |
| 1 | ExcludeFromAllNetting | exclude from all netting | FIX.4.3 |
| 2 | BilateralNettingOnly | bilateral netting only | FIX.4.3 |
| 3 | ExClearing | ex clearing | FIX.4.3 |
| 4 | SpecialTrade | special trade | FIX.4.3 |
| 5 | MultilateralNetting | multilateral netting | FIX.4.3 |
| 6 | ClearAgainstCentralCounterparty | clear against central counterparty | FIX.4.3 |
| 7 | ExcludeFromCentralCounterparty | exclude from central counterparty | FIX.4.3 |
| 8 | ManualMode | Manual mode (pre-posting and/or pre-giveup) | FIX.4.3 |
| 9 | AutomaticPostingMode | Automatic posting mode (trade posting to the position account number specified) | FIX.4.3 |
| 10 | AutomaticGiveUpMode | Automatic give-up mode (trade give-up to the give-up destination number specified) | FIX.4.3 |
| 11 | QualifiedServiceRepresentativeQSR | Qualified Service Representative (QSR) - | FIX.4.4 |
| 12 | CustomerTrade | Customer Trade | FIX.4.4 |
| 13 | SelfClearing | Self clearing | FIX.4.4 |