Subject: Support of FCM Pre-Approvals at Allocation Level
Starting Sunday, May 11 (trade date Monday, May 12), submission of FCM Pre-approval will be allowed for all trades when submitted by a SEF at the Allocation Level on Trade Capture Report messages.
With this change, FCM pre-approvals will be allowed for all trades at the Allocation or Side Level on Trade Capture Report messages. Currently, FCM pre-approval is only allowed at the Side Level.
Please Note: A reject message will be sent if pre-approval instructions are sent for at both the RptSide and Alloc levels on an allocated side.
This change will be available for customer testing in New Release on Wednesday, April 30.
If you have questions, please contact Certification Support for Electronic Trading (CSET) in the U.S. at +1 312 930 2322, in Europe at +44 20 3379 3803, or in Asia at +65 6593 5593.
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