Tag 577
ClearingInstruction
Abbreviation:
ClrngInstrctnDescription
Eligibility of this trade for clearing and central counterparty processing
values above 4000 are reserved for agreement between parties
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 |